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  • Bitcoin and XRP Whales Move $139 Million in Crypto As Market Momentum Shifts – Plus Updates on Ripple, Ethereum and Stellar

Bitcoin and XRP Whales Move $139 Million in Crypto As Market Momentum Shifts – Plus Updates on Ripple, Ethereum and Stellar

October 19, 2019

From a surge in Bitcoin and XRP whale activity to an engineering hunt at Stellar, here are some of the stories breaking in the world of crypto.

Bitcoin and XRP

Bitcoin and XRP whales are moving millions in crypto as the market turns red.

In the last 24 hours, a group of big-time BTC holders moved a total of 12,117 worth $96.3 million.

Three of the transfers involved crypto moving from unknown wallets to crypto exchanges, indicating those traders could be looking to sell as much as 7,000 BTC worth $55.6 million.

Here’s a look at the biggest Bitcoin whale movements in the last day.

XRP whale sightings are also on an uptick.

In the same timeframe, 149,300,014 XRP worth $43.1 million was sent across the cryptosphere in five separate transfers.

Four of those transfers likely represent the crypto exchanges Poloniex and Liquid shifting funds around for security purposes. The fifth and final transfer is a whale moving funds off of Bithumb to an unknown wallet.

At time of publishing, Bitcoin is down 1.21% at $7,976 according to CoinMarketCap.

Ethereum is down 1.27% at $174.32 and XRP is down 0.94% at $0.2938.

Ethereum

The Ethereum-based decentralized app (DApp) Gods Unchained hit a record number of users this week.

According to DappRadar, it’s currently the eighth most popular game across all of the smart contract platforms, hitting a high of 700 users on Wednesday.

Ripple and XRP

Ripple senior vice president of customer success, Marcus Treacher, says a new partnership with the fintech company Finastra will help Ripple expand its reach around the globe.

In a new interview with Bank Innovation, Treacher says the London-based fintech company will plug Ripple into Finastra’s network of more than 9,000 clients.

“Ripple embeds with the Finastra platform and Finastra then serves many payments customers and then connects them over its own network to many counterparties around the world.

Working with network players like Finastra, we get into these really powerful platforms.”

Finastra will use Ripple’s cross-border payments technology to boost the speed of international payments, with the option to utilize XRP in the future.

Stellar

The team at the Stellar Development Foundation is hiring.

The Foundation has three new job listings in an effort to boost the scalability of the 10th largest cryptocurrency by market cap, as well as help third-party platforms integrate with the network.

Here’s a look at the openings.

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