A vintage wallet created in June 2011 suddenly moved 139.7 BTC on May 11, 2023. This was equivalent to $3.7M at the time. Btcparser.com reported the activity at block size 789,291, at 8:14 p.m. UTC. The last bitcoin transfer of 2011 took place on April 24, and involved transferring 400 BTC to block height 786.801. The wallet which received the 139.7 Bitcoin still
Recent discussions by U.S. lawmakers focused on the return to the gold standard. Recently, Marjorie Taylor Greene , a Georgia representative, advocated its reinstatement. A number of bureaucrats have been vocally opposed to the creation a central bank digital currency (CBDC). Ted Cruz and Ron DeSantis as well as Greene, have opposed CBDCs. Two Texas legislators have now introduced a bill (S.B. No. No. The
Bitcoin rose to nearly nine months high Tuesday after traders looked at key inflation data, which could increase the odds that the Federal Reserve will slow down interest rate increases. This rally comes after the release of the consumer prices index. It was in line to estimates that inflation would continue to cool. The CPI increased
Federal Reserve Governor Christopher J. Waller warned Thursday about the dangers of investing in cryptocurrency at the Global Interdependence Center Conference ‘digital currency, decentralized finance and the puzzle that is crypto.’ A crypto asset to me is nothing but a speculative asset. It’s like a baseball card. He explained that if people believe others will purchase
Airtm, which was a popular cryptocurrency exchange that Latam freelancers used, announced it would be closing down cryptocurrency trading and custody services. The company has over 2 million customers in the region. It posted a message on their platform stating that they are retiring cryptocurrency-based services. Customers will no longer be able to withdraw or
Supporters of cryptocurrencies have worried that Hal Finney, a computer scientist, will be deleted from Twitter. People are worried about Finney’s account being deleted because Elon Musk stated that Twitter will delete 1.5 billion accounts. Musk stated that Twitter will soon begin releasing the name space for 1.5 billion accounts. He wrote Dec. 9, 2022. These are clear account deletions
The Central Bank of the Russian Federation (CBR), plans to file a legislative package regarding the regulation of digital financial asset (DFAs) at the State Duma (the lower house of parliament). According to Russian law, DFA is a term that refers to coins or tokens issued by an issuing entity and not cryptocurrencies such as bitcoin.
In 2017, the Grayscale Bitcoin Fund was the most popular way to get exposure to the cryptocurrency markets for institutional investors. With the advent of Bitcoin futures eTPs, investors’ attention shifted, and the discount for the fund began rising to unimaginable values. Spot is 36% less expensive Arcane Analytics data shows that Grayscale is much cheaper than the spot
The Merge has ended and all the hype surrounding the transition from proof of work (PoW), to proof-ofstake (PoS), is now over . The rest of the crypto market saw modest gains up until The Merge ( ETH), but the changes have caused a drop in the overall crypto market by more than 3% over the past
The Prudential Authority in South Africa, South Africa’s largest banking regulator, stated that some banks’ decisions about separating from crypto entities could ‘pose a risk to financial integrity overall’. The Prudential Authority, South Africa’s main regulator of the banking industry, suggested that banks could avoid cryptocurrency entities entirely to weaken their risk management processes. A guidance note was
