According to a Chainalysis report, there are a total of 1.75 million dormant BTC addresses inactive for over a decade. A dormant Bitcoin address dating back to the era when Satoshi Nakamoto was still active has woken up after 10 years. The Bitcoin wallet containing 687 BTC ($43.9 million) transferred its holdings to two different wallets…
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Memecoins are underperforming Bitcoin today, which could be a sign that traders will pay more attention to BTC’s post-halving recovery. Memecoins like Dogecoin , Shiba Inu and Pepe are among the cryptocurrencies underperforming the market on May 6, highlighting a diversion from the momentum that drove the sector higher last week. Data from CoinGecko shows that…
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The long-term Bitcoin trend indicators, the 200-day and 200-week moving average, are at the highest-ever levels with Anthony Pompliano saying BTC is “as strong as ever.” Bitcoin’s 200-day moving average is at an all-time high of $50,178, a key technical indicator for predicting long-term Bitcoin price trends suggesting a bullish long-term outlook. The indicator hit…
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Tom Brady copped heat from comedians for his role in partnering with the now-defunct crypto exchange FTX. Former pro footballer Tom Brady was grilled by comedians and former teammates during a Netflix-streamed roast and quips about his role in promoting the bankrupt crypto exchange FTX were some of the most viral to emerge on social…
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Franklin Templeton thinks Solana could be in the top three largest cryptocurrencies, with the blockchain’s tech in a good place to catch the next crypto wave. Solana ‘well positioned’ to be a big 3 crypto: Franklin Templeton Solana — once thought “dead or forgotten” — is in a good place to become the third-largest cryptocurrency…
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An average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence. The Bitcoin network has processed its one billionth transaction — marking a huge milestone moment for the network 15 years after its creation. Clark Moody’s Bitcoin dashboard shows that transaction 1,000,000,000 had been reached, which was mined into block 842,241 at 9:34 pm…
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It is the first time since late 2022 where the industry has recorded two consecutive funding months above $1 billion. Crypto venture capital funding has topped $1 billion for the second consecutive month this year. April’s $1.02 billion in funding came across 161 investment rounds in April, marking a minor fall from the $1.09 billion…
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Deribit exchange data reveals that the put-to-call ratio for Bitcoin options contracts is currently at 0.50, with a maximum pain point of $61,000. Bitcoin and Ether options contracts worth a combined $2.4 billion are set to expire on May 3, which could lead to increased market volatility. A Bitcoin options contract is a derivative contract that allows…
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The platform was utilized to launder funds acquired from various criminal activities, including computer hacking, ransomware attacks and drug trafficking. Alexander Vinnik, the co-founder of the crypto exchange BTC-e, has pleaded guilty to money laundering conspiracy. This follows a broader investigation revealing extensive illegal activities on the exchange from 2011 to 2017. In a May…
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His commentary touched on the zkSnacks shutdown, free speech and the proper treatment of farm animals. Edward Snowden, a former contractor for the United States National Security Agency accused of espionage after leaking classified information, had a busy day on the X social media app on May 2, when he seemed to have a modicum…
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