Author: NBTC

After 10.6 years in dormancy, another Bitcoin (BTC) address has emerged in the ecosystem. According to data insights from Whale Alert, the Bitcoin address contained 149 BTC valued at $8,590,673 at the time of the reactivation. Right time to make comeback Many Bitcoin wallets have come back to life over the past few months. While each of these wallets has reasons for returning from dormancy, the accrued gains mark a major catalyst fueling this revival. This latest return came with more than a 10,400% gain overall. At the time the wallet received the 149 BTC it HODLed all these years,…

The world’s second-largest cryptocurrency by market capitalization Ethereum (ETH) has seen the amount of ETH staked within Ethereum 2.0 surge to a new all-time high of 47.38 million ETH, equivalent to 33.9% of the cryptocurrency’s supply. According to data from on-chain analytics firm Santiment, the figure has more than tripled from around 10.9% of the cryptocurrency’s supply held in the ETH2 Beacon Deposit Contract two years ago, and now stands at over $140 billion. 🤯 The ETH2 Beacon Deposit Contract, used for staking deposits for Ethereum 2.0, now holds an all-time high 47.36M ETH, This is good for 33.9% of…

Token Unlocks, a leading provider of cryptocurrency tokenomics data, has disclosed details regarding an upcoming Aptos (APT) token unlock schedule. According to the platform, Aptos will gradually release approximately $105.63 million worth of tokens into the market from May 2024 until October 2026. This will involve the release of 11.31 million tokens on the 11th and 12th of each month until the conclusion of the event. 🚨 Unlocks Alert: Unlocking $105.63M in $APTFrom May 2024 to October 2026,@Aptos unlocks 11.31M tokens around the 11th and 12th of every month.Founder/Team – 35% 🌟Community – 28%Private Investors – 25%Reserve – 12%Set your…

The wallet associated with the German Federal Criminal Police Office (BKA) moved 5,103.5 BTC during the European hours, according to Arkham Intelligence. BTC held largely steady amid Germany’s continued divestment of coins. Bitcoin (BTC) holds steady at around $58,500 amid German state Saxony’s fresh movement of coins on-chain, having failed to keep gains above $59,000 during the Asian hours. At press time, the leading cryptocurrency by market value traded at $58,470, down 1.6% from the high of $59,450 reached at 1:06 UTC, according to data tracked by CoinDesk. Per Arkham Intelligence, roughly 15 minutes before press time, the German Federal…

Global fintech firm Elwood has been executing significant Ethereum (ETH) transfers to and from Binance in recent days, prompting speculation about the firm’s strategic motives and potential market impact. Data from blockchain analytics platform Lookonchain confirmed that Elwood deposited 26,811 ETH, valued at approximately $83.17 million, into the crypto exchange within the last three days. We noticed that Elwood(@elwood_io) deposited 26,811 $ETH($83.17M) to #Binance in the past 3 days.Another #Elwood-related address withdrew 24,463 $ETH($75.88M) from #Binance in the past 2 days.https://t.co/LvMWpxJMEhhttps://t.co/Y38nXm3wUuhttps://t.co/CdNPeJyKGI… pic.twitter.com/hlNenzEVKk — Lookonchain (@lookonchain) July 11, 2024 Simultaneously, another address associated with Elwood withdrew 24,463 ETH, worth roughly $75.88…

Tonkeeper, a leading self-custody wallet for TON blockchain, has introduced a new feature that could significantly boost the network’s adoption. Launching gasless USDT payments allows users to transact without holding Toncoin to cover network fees, simplifying onboarding to TON ecosystem. Tonkeeper Simplifies Payments on TON Tonkeeper’s gasless USDT payments improve the user experience by deducting transaction fees directly from the sender’s USDT balance, ensuring recipients receive the exact amount sent. This feature removes the need to hold Toncoin for network fees, making it easier for new users to join and increasing overall accessibility. W5, a new wallet architecture created by…

James Saye’s £500 Bitcoin investment in 2017 grew fivefold, funding a memorable Iceland vacation. Diverse success stories show Bitcoin’s potential for significant life-changing financial gains. Technology consultant James Saye was at a fork in the road in 2017. With all the talk about Bitcoin and its ability to completely change the financial industry, he made the decision to take a chance. James shared many others’ concerns about making investments in a relatively new and erratic digital currency. He put £500 into Bitcoin, though, because the possible profits exceeded his concerns. James Saye: A Nervous Start Turns Profitable James started out…

Wall Street is gearing up to introduce novel investment opportunities with Ethereum exchange-traded funds (ETFs). These spot Ethereum ETFs, led by industry giants like Bitwise Asset Management, could launch as early as this week. Many consider Ethereum ETFs as a broader bet on a technological evolution that could redefine asset management and transactions. Ethereum ETFs: The Birth of a New Asset Class Matthew Hougan, Bitwise’s Chief Investment Officer, describes this development as “the birth of a new asset class.” Moreover, Hougan believes Ethereum is an essential infrastructure for the tokenization of real-world assets. “If you want to invest in the…

Stablecoin TrueUSD (TUSD) affiliated with Justin Sun lost nearly 80% in market capitalization after crypto exchange Binance removed several trading pairs with it. TrueUSD (TUSD), a stablecoin issued by the TrustToken platform, which currently operates as Archblock, declined by 78.9% after several TUSD pairs were delisted on Binance, analysts at CCData revealed. In its latest stablecoin research report, CCData says the monthly trading volume for TUSD pairs on centralized exchanges has dropped to $569 million, representing a decline of nearly 99% since May 2023. You might also like: PayPal expands PYUSD stablecoin to Solana “Binance remains the dominant exchange that…

The German government has ruffled the feathers of the crypto community over the past week, moving vast amounts of seized bitcoin to exchanges. The transfers, coupled with Mt. Gox repayments have created a jumpy market, with bitcoin dropping to its lowest levels since February, according to data from CoinMarketCap. In protest, one Bitcoin user decided to show their contempt, sending an inscription to the German government’s address that read ‘STEUERN SIND RAUB,’ which Google translates as ‘TAXES ARE ROBBERY.’ The inscription was spotted by crypto analytics platform Arkham. Read more: German MP Joana Cotar holds BTC and says the government…