A Bitcoin whale purchased 620 BTC for US$39.8 million during a price dip, indicating a strategic buy at a low. Since March 21 this investor has acquired 4,380 BTC for a total of US$282.38 million from Binance, at an average price of Meanwhile the number of non-empty wallets increases and trader sentiment could soon shift. After a significant price drop in BTC, a notable Bitcoin whale took advantage of the lower prices by purchasing an additional 620 BTC, totaling US$39.8 million (AU$60.9 million), effectively buying at the market’s low point. Related: ‘Left Curve’ Strategy: Arthur Hayes A ..read more

Authorities in Taiwan are reportedly accusing crypto exchange executives and dozens of others of running a multimillion-dollar crypto scam. According to a new report by the Taipei Times, prosecutors are charging 32 people with fraud allegedly related to the ACE crypto exchange, recommending 20-year sentences for the four operators of the trading platform. Those arrested include David Pan and Lin Keng-hong, the founders of the ACE crypto exchange platform, and Wang Chen-huan, the chairman of the firm. The Taiwanese government says that the scheme defrauded about 1,200 out of $24.56 million. Pr ..read more

It’s nice to feel seen—to know that someone out there knows you and is making things just for you, specifically. That’s where fans of role-playing games have been since last August: We’ve been spoiled for RPGs. Importantly, though, it’s not just one kind of RPG. We have Western and Japanese-style RPGs. We have action and turn-based ones; first and third-person perspectives; modern and medieval. If you’ve ever loved a role-playing game, there’s probably something for you. Here’s a look at the best role-playing games from the past several months, along with an upcoming pick that we’re excited ab ..read more

A widely followed crypto analyst says that gold may just have signaled the local top of Bitcoin’s (BTC) recent strength. In a new video update, crypto strategist Benjamin Cowen tells his 800,000 YouTube subscribers that if gold continues to do well, the top crypto asset by market cap may be in for a an extended correction “At least so far, you can see that the breakout of gold in 2019 marked the top locally for Bitcoin. Bitcoin did go higher obviously a year later. But even [this year], you can see gold broke out right when Bitcoin/USD found that local top in March. So that’s one thing – if g ..read more

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase a few of our original stories from the week. Biggest ne ..read more

The Depository Trust and Clearing Corporation (DTCC) has declared that exchange-traded funds (ETFs) linked to Bitcoin (BTC) or cryptocurrencies have no collateral value as investments. In an announcement, the DTCC, which provides clearing and settlement services to the financial markets in the US, says digital asset-linked ETFs will be subject to a 100% “haircut.” “No collateral value will be given for any ETF or other investment vehicle that includes Bitcoin or any other cryptocurrency as an underlying investment, hence will be subject to a 100% haircut.” According to the announcement, the D ..read more

Ethereum (ETH) rival Solana (SOL) is seeing a “dramatic increase” in professional investor allocations this year, according to a new survey conducted by the digital assets manager CoinShares. CoinShares polled 64 investors worldwide who cover a combined $600 billion worth of assets under management. The respondents include different investor types including wealth managers, hedge funds, institutions, family offices, financial advisors and individual investors. Explains CoinShares, “Investors have been broadening their exposure to altcoins, with Solana seeing a dramatic increase in allocati ..read more

Police in the United Kingdom (UK) can now seize crypto assets from suspects without making any arrests. New legislation came into effect on Friday giving additional crypto-related powers to the UK’s National Crime Agency (NCA) and police, according to a new government announcement. The announcement notes that the expanded powers will enable authorities to seize crypto from “sophisticated criminals” who remain anonymous or are based overseas. Police will also be empowered to seize physical items related to crypto investigations like flash drives and written passwords. UK police are now also ..read more

Ethereum (ETH) rival Solana (SOL) is seeing a “dramatic increase” in professional investor allocations this year, according to a new survey conducted by the digital assets manager CoinShares. CoinShares polled 64 investors worldwide who cover a combined $600 billion worth of assets under management. The respondents include different investor types including wealth managers, hedge funds, institutions, family offices, financial advisors and individual investors. Explains CoinShares, “Investors have been broadening their exposure to altcoins, with Solana seeing a dramatic increase in allocati ..read more

The chairman of the Swiss National Bank (SNB) reportedly isn’t convinced it’s in his institution’s best interest to hold Bitcoin (BTC) as a reserve currency. While speaking at the central bank’s annual general meeting on Friday, Thomas Jordan argued that there are downsides to holding the top crypto asset, according to a report from Reuters. “We have not yet decided that we want to invest in Bitcoin. Actually for good reasons. Currency reserves are international payments. They have to be liquid. They have to be sustainable. And we have to be able to sell and buy them.” Cypto stakeholders have ..read more