Bitcoin wallet wakes up after 14 years, moves 80,000 BTC
Bitcoin wallets that had been dormant for over 14 years suddenly reactivated, moving more than 80,000 BTC. According to Lookonchain, two Bitcoin (BTC) wallets dating back to 2011 sprang to life and transferred 20,000 BTC each, as a Satoshi-era holder…...
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Shiba Inu (SHIB) Outpaces Ethereum (ETH) and Pepe (PEPE): But Not in the Way You Might Think
TL;DR Shiba Inu leads in centralization: a setup that poses risks of sudden price swings and contradicts crypto’s decentralized ideals. SHIB shows mixed signals, as its price dips while burn activity surges by over 4,000% and tokens steadily flow out of exchanges, hinting at reduced sell pressure ahead. SHIB is...
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Bank of Canada Identifies Technical Path for Retail CBDC in New Research Paper
The Bank of Canada took a significant step in exploring the technical feasibility of a digital Canadian dollar, proposing a specific system designed for a retail central bank digital currency (CBDC) focused on simple, everyday payments, according to a new research paper. The central bank’s research team examined OpenCBDC...
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BONK Eyes Breakout as ETF Buzz and Burn Trigger Spark Fresh Rally
Solana-based memecoin BONK dropped back after jumping in excess of 20% earlier this week, but remains in bullish mode amid increased trader activity. BONK surged 21% in a 24-hour period into Thursday and positioned itself as the strongest performer among major cryptocurrencies. It was recently trading at $0.00001673, a...
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Hackers Behind $140M Brazil Banking Heist Turn to Crypto to Launder Their Loot
A group of hackers that gained unauthorized access to the Central Bank of Brazil’s service provider has started laundering a portion of its $140 million haul using cryptocurrencies, according to On-chain analyst ZachXBT. The researcher revealed on Friday that between $30 million and $40 million of the stolen funds...
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DOGE double-bottom pattern hints at price rebound to $0.25
A bullish pattern on the DOGE chart points to a potential price recovery to $0.25....
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Ethereum price action confirms bull trap at $2,550: major support level lost
Ethereum has lost the $2,550 high time frame resistance on multiple candle closes, confirming a possible bull trap. The price now risks returning to range lows, with support sitting at $2,226. Ethereum (ETH) has reacted bearishly from a critical high…...
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Tether Plants Crypto Roots In Renewable Farming: Bitcoin Mining Heads To Brazil
US-based stablecoin giant Tether Holdings and South American agribusiness Adecoagro have teamed up to mine Bitcoin using excess clean power. According to a release, Adecoagro will set aside part of its 230 MW renewable energy capacity for crypto mining. This move aims to give the firm a more steady outlet...
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NVIDIA CMP 170HX: A Deep Dive Into Its Mining-Only Design
The CMP 170HX, a variant of NVIDIA’s A100 data center card, was designed for cryptocurrency mining. Its unique features and historical context offer an intriguing look at GPU mining. Explore its specifications, and the evolution of its market value today. #NVIDIACMP #CMP170HX #GPUmining #CryptocurrencyMining #TechHistory #MiningRig #DataCenterGPU #PCGaming #TechReview...
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Why are Bitcoin and altcoins going down today?
Bitcoin and most altcoins declined on Friday, July 4, as investors booked profits, trade jitters resurfaced, and expectations for a Federal Reserve interest rate cut diminished. Bitcoin (BTC) dropped to $107,800, retreating sharply from this week’s high of $110,200. Leading…...
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