One of the Largest Bitcoin Transactions Took Place Today
An incredibly large Bitcoin transaction took place today, leaving scores of folks in the community left wondering, "what the heck is going on here?" The transaction amounted toabout 194,993 BTC, which at current exchange rates is about $160 million USD, and is one of the largest to take place in the history of the digital currency. Humorously enough, the transaction is labeled as a "Shit load of money", and yes it is. As the Bitcoin currency continues to grow, this amount will become even more impressive than it already is. Some speculate the transaction was carried out by Satoshi Nakamoto....
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While the hacker will find selling their BTC difficult, the transfers may be contributing to a volatile day in the markets. A tranche of long-dormant Bitcoin seized in the 2016 hack of the Bitfinex cryptocurrency exchange are on the move today, an over $620 million sum that has some market participants spooked and may be contributing to a downward slide for Bitcoin. Blockchain analytics bot Whale Alerts was the first to raise the alarm, calling attention to a series of over five dozen transactions from wallets that have largely been inactive since the 2016 hack:⚠ ⚠ ⚠ ⚠ ⚠ ⚠ ⚠ 1,241.37 #BTC....
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India is one of the emerging global economies. The country's statistics are mind-boggling. To give you a preview of it: India is the second largest country in the world in terms of population. The median age of the Indian population is 27 years (in other words, we are looking at a huge productive workforce). India is the tenth largest economy in the world and it is gradually climbing up the list. It is the world's third largest economy in terms of purchasing power parity. It is again in the third position among the largest economies in Asia. The country has close economic ties with three....