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Giant Bitcoin Whale Moves 113,000 BTC – Plus Ripple and XRP, Ethereum, Tron, Stellar, Cardano



From a massive movement of $435 million worth of Bitcoin to a big launch for Stellar, here’s a look at some of the stories breaking in the world of crypto.


The fourth biggest Bitcoin whale in existence may be done selling 113,000 BTC, now worth about $435 million. The whale began stockpiling the enormous stash of Bitcoin back in 2014 and began draining the wallet in 2018.


The address, which is not known to be a crypto exchange, sent the crypto to separate wallets consisting of 1,000 BTC each, indicating the whale was either spreading assets out to avoid attention, or sold the Bitcoin in private, over-the-counter deals.


The crypto wallet provider Abra has officially added native support for Ethereum, with support for ERC20 tokens coming soon.

“In the near future, we will offer native deposit and withdraw support for the other ERC20 tokens currently listed on Abra, in addition to other new tokens that we will now be able to list.“

Ripple and XRP

Ripple’s chief technology officer David Schwartz will join a fireside chat today at SXSW in Austin, Texas. The event will cover “cryptography, distributed ledger technology, and how blockchain is changing the foundation of our global economic system.”

SXSW has set up a livestream of the conference here.


Stellar (XLM) is launching on Coinbase Pro. The four-phase roll-out,

beginning on Wednesday, will allow customers to make transfers, and post and match limit orders before full trading services are available.

The digital asset will paired with Bitcoin, the US dollar and the euro in all of Coinbase’s supported jurisdictions except for New York State.


Tron CEO Justin Sun told CNBC the future is bright for Bitcoin and cryptocurrency. Sun says he’s not focused on his coin’s market cap, and is instead working to bring blockchain to the masses.

“I have a very optimistic point of view of both Bitcoin and cryptocurrency. You can see the Lightning Network and also Facebook and JP Morgan are issuing stablecoins on the blockchain, so I think everything is very promising right now…

I think the valuation and the market cap is just the surface of the business. Primarily, I’m more focused on the business development, technology and lots of the exciting things happening on Tron now.”


Cardano founder Charles Hoskinson hosted a surprise ask-me-anything on YouTube. He says Cardano’s Shelley testnet is on schedule to launch this month, which will incorporate smart contracts and further push the platform toward decentralization.

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Cryptocurrecny Market Update: Bears take the revenge, Bitcoin on the verge of deeper sell-off



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  • The cryptocurrency market is under selling pressure with Bitcoin and all major assets in red.
  • BTC/USD is trading below the critical support area with bearish momentum gaining traction.

The cryptocurrency market has been sinking in the sea of red as Bitcoin and all major altcoins have been losing ground rapidly on Thursday. Tezos (XTZ) is a notable exception from the pack. The coin has gained nearly 3% of its value in recent 24 hours. while other assets out of top-20 have been nursing losses ranging from 3 to 8%.The cryptocurrency market capitalization dipped to $231 billion, while an average daily trading volume reduced to $87 billion. Bitcoin’s market dominance settled at 65.8%.

Bitcoin (BTC) price update

The largest cryptocurrency by market capitalization dropped below the key support created by 50% Fibo retracement at $8,450. The downside momentum is gaining traction with the next strong support registered as lo as at $8,000. At the time of writing, BTC/USD is changing hands at $8,330, down nearly 4% on a day-to-day basis.

BTC/USD 1-hour chart

Ethereum (ETH) price update

Ethereum stopped within a whisker of January 20 low registered at $161.11. The second-largest is changing hands at$161.30, off the intraday low of $161.22. ETH/USD has lost about 3.5%  since the beginning of the day.  From the short-term perspective, the coin is moving within a strong bearish trend tend amid expanding volatility. The nearest support is created at $161.00, while resistance is registered at $166.70. It is created by a combination of 1-hour SMAs.

ETH/USD 1-hour chart

Ripple’s XRP price update

Ripple retreated to $0.2250 after an attempt to settle above $0.2300 during early Asian hours. XRP/USD has lost over 4.5% since the beginning of Thursday, moving in sync with the market. The short-term trend is bearish.

XRP/USD 1-hour chart

Despite the carnage, so,e of the less prominent assets are doing well. Below is the best-performing altcoin out of top-100

  • Centrality +64.5% ($0.0920)
  • Swipe +17% ($1.8)
  • Nervos Network +15.5 ($0.0062)

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Cryptocurrencies under Selling Pressure



In the last eight hours, cryptocurrencies have been subjected to relatively strong selling pressure. Bitcoin (-1.6%), Litecoin (-2.97%) , Ethereum (-2.7%) and Ripple (-2.72%) fell modestly down, whereas Bitcoin SV is descending over 10.6%, along with Ethereum Classic( -5.5%) and  MIOTA (-5.76%).

Among the overall selling sentiment, Tezos manages to gain 2.96%, and, notably, NEM moves up by 10.2%.

 Ethereum tokens are also dropping. LINK (-6.43%), MKR(-5.6%), REP(-6.24%), CENNZ( -6.92%) and  SNX(-7.32%) lead the downward movements. SPX (+18.52%) and LPT(+33.64%) are showing the best positive performance.

24H Crypto Market Heat Map

The market capitalization of the sector was moved down to $234.848 billion (-2.63%) in the last 24H, on a traded volume of$31.4 billion (+3.05%). The dominance of Bitcoin hasn’t changed much and currently is 65.77%.

24H Crypto Market Cap and Traded Volume

Hot News

Fintech firm Amun AG has listed an inverse Bitcoin ETP (Exchange.traded product) on SIX, Switzerland’s leading stock exchange. Theoretically, this inverse ETP product would allow investors profiting from downward price movements of the Bitcoin. Amun AG currently has eleven crypto-ETPs listed linked to BTC, ETH, XRP, and others. Amun has received approval from Switzerland’s Financial Supervisory Authority to expand its financial products in the European Union.

The US SEC doubts about the development efforts on the TON blockchain. That can be derived from its court filing on the NY South District in answer to Telegram’s previous motion for summary judgment. “Telegram Has Put Forth No Evidence Regarding the TON Blockchain’s State of Development at Launch. Telegram Marketed Few, if Any, Expected Uses for Grams.” (source:

Technical Analysis – Bitcoin

Bitcoin 4H

The last four hours of Bitcoin drops brought the digital asset from $8,660 to test its $8,450 low made on Jan 19. There, sellers have managed to create a credible bounce, and now is moving $100 higher. If the bounce manages to last, then Bitcoin has been saved from a potential Head-and-Shoulders pattern that would manifest itself after a break below the $8,450 line.

On the 4H chart, we see that the Bollinger Bands are contracting, which may implicate a sideways action. The MACD is

giving no valuable information, as both lines are too close together moving horizontally.

On the negative side, Bitcoin’s price has moved out of the ascending channel, and also it is moving below the 50 and 20-periods SMA, and below the -1SD line. The key levels are currently $8,760 and $8,450.

SupportPivot PointResistance
8,5608,681 8,760


Ripple 4H

Ripple had a relatively large red candle that was followed by a doji. This candle pierced the $0.23 level and then went back to its origin. Nevertheless, the price continues moving below the -1SD line, and the MACD is bearish. Also, the latest movements pushed the price below its 50-period SMA. If there is no positive reaction soon, the price may continue dropping towards $0.225.   To the downside, the key level is $0.23, whereas $0.24 is the critical resistance to the upside.

SupportPivot PointResistance
0.23000.2360 0.2400


Ethereum 4h

Ethereum is in a similar situation as the rest of the leading cryptocurrencies. After the sharp drop made on Jan 19, the price has been moving horizontally between $162 and $170. In the last eight hours, the selling pressure brought ETH price down to test the $162 level again. From there, it bounced back and now is in the middle of the channel. The Bollinger Bands are shrinking, which means the average trading range has dropped, so a new push to the upside is likely.

The critical levels to observe on this asset were already mentioned: $162 is critical to hold the current uptrend, whereas a pierce through $170 would imply a new upward leg.

SupportPivot PointResistance
164.7167.5 170


Litecoin 4H

Litecoin is mimicking the movements of the Ethereum, although its price movements seem more bullish since the $55.9 support line has been holding all the time. On the negative side, the price is now below its 50 and 20-period SMA, moving below its -1SD line and a MACD slightly in the bearish side. The Bollinr bands are shrinking, so the likelihood of the continuation of the sideways movement is high. The key levels are $55.9, which is critical to hold for buyers, and $58.3 to the upside.

SupportPivot PointResistance
55.958.3 58.6

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Pornhub adds USDT, Cosmo payment support after PayPal’s withdrawal



PayPal, one of the largest payment merchants in the world, delivered a mighty blow to the adult entertainment industry last year after it indefinitely blocked all transactions associated with Pornhub and their contracted performers, a step that compromised the livelihood and revenue stream of over 100,000 adult film actors.

While it has been months since these steps were taken, it would seem that the world’s largest adult entertainment website finally has a solution to the predicament of thousands.

According to a recent blog published by Pornhub, the website has added two new payout options which include Tether (USDT), a stablecoin pegged to the U.S Dollar, and Cosmo. The announcement was also shared by the adult website on its Twitter platform.

While the idea of using cryptocurrencies as payout options isn’t new, a campaign to have websites such as Pornhub use cryptocurrencies gathered a lot of steam when PayPal pulled its support. The website already supports the use of Verge, a cryptocurrency, as a payout option.

The blog post also claimed that USDT and TRON blockchain had both partnered to introduce

the payment options on Pornhub. The post read,

“USDT transactions can be done globally within a few seconds and there are no fees. Since USDT and TRON blockchain have partnered up, we can now pay Models securely through TRONlink, a cryptocurrency wallet.”

The introduction of a stablecoin such as USDT is interesting since unlike other cryptocurrencies like Bitcoin or Ethereum, Tether isn’t exposed to high volatility or price swings.

Tether is also one of the world’s largest digital assets with a market cap of over $4.5 billion. The stablecoin is operational on various chains such as Ethereum, OMNI, and Liquid, making it a feasible option to facilitate payments around the world.

The website also added Cosmo Payment options to its platform, allocating global access and easy withdrawals through local ATM machines, online, and in-store purchases.

It is, however, too early to say if any more cryptocurrencies will be accepted by the adult entertainment website in the future. Whatever the case may be, cryptocurrencies are trying to fill the void left by PayPal.

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