The cryptocurrency market is experiencing turbulence, prompting various stakeholders to step up in attempts to mitigate further declines. One prominent figure, Justin Sun, founder of Tron, has proposed a negotiation with the German government to purchase their Bitcoin holdings. This move aims to prevent further depreciation in cryptocurrency values, showcasing Sun’s continuous efforts to stabilize
Ripple and Cardano occupy significant positions in the crypto space. Not all experts hold them in high regard; some even view them as ‘useless’ projects. Former Goldman Sachs analyst, Murad Mahmudov, has voiced strong criticisms against XRP and Cardano. Discover the contentious viewpoints surrounding Ripple and Cardano, as prominent analysts weigh in on their potential
A US state will hand a staggering $3.15 billion to residents per year if a historic guaranteed income program becomes law. A measure that would increase corporate taxes to hand cash directly to residents in Oregon is likely to make the November ballot, reports The Oregonian. The program would give every adult resident in the The post $3,150,000,000 To Be Handed To Residents in US State Every Year – With Zero Strings Attached – If Historic Ballot Measure Passes: Report appeared first on The Daily Hodl .
Bitcoin addresses that have been inactive for over a decade are being reactivated, according to recent data. This trend follows a series of movements involving large sums of Bitcoin, often coinciding with major market events. A significant instance involves an ancient wallet coming to life as Bitcoin experienced a notable price dip. Discover the intriguing
An ancient Bitcoin wallet just moved more than $2.1 million worth of BTC after 13 years of dormancy. The crypto tracker Whale Alert notes that the address moved 33.99 BTC to two separate wallets. The move was the whale’s first legitimate transaction since June 18th, 2011, when that same trove of Bitcoin was worth only The post Whale Wallet Holding $2,142,474 in Bitcoin Abruptly Comes to Life After Lying Low for More Than 13 Years appeared first on The Daily Hodl .
Bitcoin long-term holders have significantly influenced the recent price drop by selling their coins. Recent data from blockchain analytics platform CryptoQuant indicates that substantial coin sales occurred among these investors. A key metric, the Spent Output Profit Ratio (SOPR), surged above 10, highlighting a major profit-taking event. Gain insights into the movements of long-term Bitcoin
The Illinois court recognized OHM and KLIMA as commodities. Sam Ikurti and Jafia were involved in a $44 million fraud scheme. Continue Reading: Court Recognizes Two Cryptocurrencies as Commodities
Symbiotic has emerged as the second-largest restaking protocol within one month of launching.
Ethereum whale faces imminent liquidation as ETH price drops significantly. Market sentiment plummets amid extensive Bitcoin and Ethereum sell-offs. A noteworthy case involves a whale who deposited 12,374 ETH into Compound and borrowed $31.4 million in stablecoins. An Ethereum whale is on the brink of liquidation due to the recent ETH price drop, highlighting the
Key Takeaways Bitcoin’s price has had trouble maintaining its upward trend after the recent approvals of Spot ETFs, and this has also impacted Bitcoin’s various offshoots, which are also slowing down. As a result, Litecoin is witnessing a steep decline recently and is preparing for a retest of the immediate support. After a sharp decline