An unknown entity transferred 8,000 BTC (399,897,857 USD) from an unknown wallet to Coinbase.
Cardano at the time of writing this report was trading at $1.047324, up 20.35% on the day.
SpaceX, a company founded by Elon Musk is exploring the merits of buying Bitcoin, according to MicroStrategy CEO, Michael Saylor.
Bitcoin at one point lost about $13,000 in value after dropping from its all-time high of $58,330.57 to $45,290.59 within the span of two days.
After October's $50 million purchase, Square has purchased another $170 million worth of bitcoin.
U.S Treasury Secretary Janet Yellen took sides with CBN, by warning investors and the public of the dangers of owning bitcoin.
Over $140 billion in value evaporated into thin air, as Bitcoin also lost as much as $7,000, according to data retrieved from Coin360.
High demand for Bitcoin by a growing number of Nigerians has led the unofficial crypto market to thrive.
Such strong demand on the world's flagship crypto asset by large entities is keeping it within striking distance of $60,000.
Motley Fool has disclosed it is investing $5 million in the flagship crypto, Bitcoin in the coming weeks.
