Before bitcoin (BTC) hit an intraday peak of $70,016 per unit on Bitstamp on Monday, a dormant bitcoin wallet from July 27, 2017, moved 210 BTC, valued at over $14 million. 2017 Bitcoin Wallet Activity Resurfaces, 210 BTC Moved Ahead of $70K Peak In recent days, several long-inactive bitcoin addresses from 2017 have been reactivated.…
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Following the U.S. government’s transfer of $2 billion in bitcoin, Arkham Intelligence reported that the federal agency divided the funds into two separate Bech32 bitcoin addresses: one containing 10,000 BTC and the other holding 19,799.99 BTC. Arkham speculates that the 10,000 BTC may have been sent to an institutional custody service. Arkham Reports U.S. Bitcoin…
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Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we discuss the positive impact bitcoin adoption had on the growth of the tourism industry in El Salvador and how this can be applied to other countries. Bitcoin Acknowledged to Be a Catalyst…
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On July 29, 2024, bitcoin continues its bullish trend, demonstrating significant strength across multiple time frames. As of today, bitcoin is trading at $69,456 with a 24-hour price range between $67,618 and $69,842. Key technical indicators suggest that bitcoin’s upward momentum is likely to persist. Bitcoin Bitcoin’s 1-hour chart indicates a steady uptrend with prices…
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Cantor Fitzgerald, a billionaire asset management fund, recently announced its plans to provide leveraging services for Bitcoin investors. This venture will operate as a separate entity, commencing its operations with a capital of $2 billion. The capital will be replenished in tranches of $2 billion to cater to the needs of Bitcoin holders. This information…
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Ethereum is currently priced at $3,374, with intraday fluctuations ranging from $3,253 to $3,395. Boasting a market capitalization of $407 billion and a 24-hour trade volume of $11.49 billion, ETH demonstrates significant market activity. Ethereum The hourly chart for ethereum (ETH) depicts a sharp decline followed by a steady recovery. After hitting a low of…
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Justin Sun, founder of Tron, called for the restoration of the bitcoin emoji on X. Sun stated that the bitcoin emoji had become tradition, and that, as former U.S. president Donald Trump had declared, the original cryptocurrency was poised to surpass gold. “We humbly request restoring this tradition and are willing to accommodate any requirements,”…
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The SEC has approved NYSE Arca’s proposal to list and trade shares of the Grayscale Bitcoin Mini Trust. Grayscale’s new trust will feature competitive fees. “This approval order is based on all of the exchanges’ representations and descriptions in their respective amended filings, which the Commission has carefully evaluated,” said the securities regulator. SEC Approves…
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Although the Bitcoin 2024 event has wrapped up, the past three days have seen a deepfake Elon Musk “double-your-money” scam on Youtube. Posing as the official Bitcoin 2024 livestream, the scam has tricked unsuspecting users into parting with their crypto assets. Over the weekend, multiple deepfake livestreams featuring Musk were active, with one specific video…
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Gemini co-founder Tyler Winklevoss has urged the crypto industry to demand to know who the next U.S. Securities and Exchange Commission (SEC) chair will be before the election. He also urged crypto supporters to “demand that both parties embrace our industry, treat it fairly, and do everything in their power to ensure that America is…
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