Bitcoin’s First Wallet Comes Alive: $1.17 Million Transaction Unfolds
An unidentified Bitcoin (BTC) user has sent 26.9 BTC, equivalent to $1.17 million, to the genesis wallet, the first-ever wallet created on the Bitcoin network by Satoshi Nakamoto. A unique transaction occurred on January 5 at 1:52 am Eastern Time, sending funds from an emptied wallet to the genesis wallet with a $100 transaction fee. […]
Exploring the World of Cross-Chain Swapping
This article explores Cross-Chain Swapping, a recent innovation in the crypto market, its functions, and its potential impact on the crypto market. Introduction to Cross-Chain Swapping Cross-Chain Swapping revolutionizes cryptocurrencies by enabling direct exchanges across different blockchain networks, bypassing centralized exchanges and reducing security risks, attracting interest among crypto enthusiasts and investors. Advantages of Cross-Chain […]
Cryptocurrency in 2024: Key Development and Market Projections
The cryptocurrency market is on the brink of transformative era. The past year have been a rollercoaster ride for the industry, but it seems that we may finally be out of the prolonged crpto winter. Rewinding 2023 in Crypto: Big Narratives of the Year In 2023, the cryptocurrency landscape saw significant advancements in ETF developments, […]
Top Cryptocurrency Investment picks for 2024
The cryptocurrency market is expected to recover in 2024, with increased investor interest, advancements in blockchain technology, and increased integration into daily life. However, challenges like increased regulatory scrutiny could impact the market’s trajectory. Pandoshi (PAMBO) Pandoshi, a cryptocurrency project, is in its early stages of presale, raising $750,000 and aiming for $1,200,000. The project’s […]
SEC to Reach Out to Bitcoin in ETF Applicants Early Next Week
The US Securities and Exchange Commission may invite applicants for the spot Bitcoin ETF to launch products next week, according to a report by ETF Institute Co-Founder Nate Geraci. The information was provided by a close source. Bloomberg’s James Seyffart predicts that the SEC will approve all proposals by January 10, with the official date […]
FTX debtors propose $16,871 Bitcoin price for creditor claims
FTX’s debtors have released estimates of the U.S. dollar value of cryptocurrency prices and foreign currency for customers holding claims with the defunct exchange. In a filing in the US Bankruptcy Court for the District of Delaware, the debtors sought a fair and reasonable value for user claims based on digital assets. The proposed prices […]
MicroStrategy buys more BTC before spot ETF approvals
The crypto market is experiencing a surge as the SEC deadline approaches for BTC-spot ETF amendments approaches on December 29. Bitcoin retargets $44,000 before the SEC deadline Bitcoin (BTC) gained 2.11% on Wednesday, partially reversing a 2.67% loss, driven by market bets on SEC approving BTC-spot ETFs and the December 29 deadline for amended S-1s. […]
Binance launches a digital asset exchange in Thailand with Gulf Energy.
Cryptocurrency Binance has launched its first Southeast Asian operation in Thailand, launching a digital asset exchange. The exchange, currently accessible by invitation only, plans to be accessible to the general public in early 2024. Binance’s joint venture partner, Gulf Energy Development, has received approval from the Securities and Exchange Commission to commence operations.
Bitcoin struggles for direction in run-up to christmas
Bitcoin price decreased for the first time in eight weeks, signaling market moves to reduce leverage. $345 million worth of long and short positions were liquidated, primarily affecting long positions. Strong uptrend price movements led to $110 million in short position liquidation, reducing market leverage and contributing to a more sustainable price action and market […]
Crypto training demand surges among law enforcement
A survey by TRM Labs found that 90% of US law enforcement professionals believe their organizations offer crypto training, but 99% call for increased training. The survey, conducted with over 300 professionals, found that 40% of investigations involve crypto, and the majority anticipate it to reach 51% by 2027. A survey shows that while 50% […]