With bitcoin’s price up 6.8% from last week, a dormant bitcoin address from 2013 became active for the first time in over 11 years, transferring 114.42 bitcoins valued at $7.67 million. Sleeping Bitcoin Wallet Awakens After 11 Years, Moves 114 Bitcoins April and May have seen fewer awakenings of long-dormant bitcoin addresses, but some noteworthy […] Original
Day: May 20, 2024
Bitcoin Retail Investors Are Dumping Amid Jump To $67,000, Why This Is Good For Price
The Bitcoin price recovery above the $67,000 level has triggered a round of selling, but it is not from the usual camp of large investors selling. This time around, it is the small-time traders who are offloading their bags and putting selling pressure on the price. However, this is not an entirely bad thing given that, historically, such selling has been bullish for the Bitcoin price. Bitcoin Retail Are Dumping Their Bags In a report on X (formerly Twitter), the on-chain data tracker Santiment revealed an interesting trend among small-time…
Infrastructure Companies Dominate List of Finalists for Consensus 2024 Pitchfest
1Konto Inc. (United States, Open Payment and Exchange Systems) Bloqcube Inc (United States, Web3 and Blockchain Infrastructure) ChainPatrol (United States, Web3 and Blockchain Infrastructure) Cod3x presented by Conclave (United States, Web3 and Blockchain Infrastructure) Codex Labs LLC (United States, Open Payment and Exchange Systems) Coinplus (United States, Web3 and Blockchain Infrastructure) Contented (United Kingdom, Creator Economy | NFTs) Drip Rewards (United States, Creator Economy | NFTs) EQBR (South Korea, Open Payment and Exchange Systems) ETHGas (Hong Kong, Web3 and Blockchain Infrastructure) EthosX (India, Web3 and Blockchain Infrastructure) Evil Genius Games…
Judge Rules Craig Wright Lied ‘Extensively,’ Committed Forgery in Bid to Claim Satoshi Identity
On May 20, 2024, a ruling was delivered by Justice James Mellor in the COPA vs. Craig Wright case. Mellor determined that Wright lied “extensively and repeatedly” in his efforts to prove he was Satoshi Nakamoto. Mellor emphasized that Wright’s evidence was “at best questionable or of very dubious relevance or entirely circumstantial and at […] Source CryptoX Portal
Web3 Marketing Needs Some of Apple’s Secret Sauce
Like spatial computing, Web3 is also an umbrella term, liberally thrown together with terms like blockchain, digital assets, DeFi and the rest of the crypto-jargon dictionary. But most people embedded in the crypto sphere have little grasp of how meaningless these words are to the lay person – and it’s not for a want of understanding their implications. Source
Cardano Founder Predicts Crypto As Election Game-Changer
The US crypto industry is engaged in an intense battle against the White House, with tensions reaching a boiling point over the Biden administration’s relentless push for onerous regulations and crackdowns on digital assets. According to Charles Hoskinson, the founder of Cardano, this anti-crypto stance may very well cost US President Joe Biden another term in office. Related Reading In a scathing rebuke, Hoskinson accused the administration of harboring a “systematic effort to hurt the crypto industry,” citing numerous policy meetings, private dinners, and open letters where the community has…
Hamster Wheel: Telegram’s Social Gaming Brings Millions to Crypto
Telegram’s Hamster Kombat game has amassed 8 million users in four weeks. It shows how gaming could be a potent tool for Web3 projects looking for audiences. Source
Solana (SOL) Price Lags Behind As PEPE Coin (PEPE) Reaches New All-Time High – Blockchain News, Opinion, TV and Jobs
Solana (SOL) struggles to gain traction as popular meme coin PEPE and viral utility coin ETFSwap (ETFS) record brand-new all-time highs. The cryptocurrency market is notorious for its wild swings, and this recent price divergence between Solana (SOL) and Pepe Coin (PEPE) perfectly exemplifies that volatility. While Solana (SOL) remains stagnant, Pepe Coin (PEPE) has skyrocketed to a new all-time high. Amidst these market developments, ETFSwap (ETFS) emerges as a revolutionary solution, offering a stable and accessible way to invest in crypto through tokenized ETFs on the blockchain. Solana (SOL)…
How Web3 Marketing Changes the Game
Years before anyone used the term “Web3,” Novaes hatched a project that rewarded users for doing everyday tasks, like watching videos or reading the news: Mode Mobile. People liked it. Using a custom smartphone, the “EarnOS” lets you stream music and get paid for it, hence the tagline “turning smartphones into earnphones.” Mode Mobile was named as Deloitte’s #1 fastest growing software company, has over 10 million downloads on the Google Play store, and claims to have helped users earn and save over $250 million. More importantly, the model lets…
Grayscale to Replace CEO Michael Sonnenshein With Goldman Sachs’ Peter Mintzberg
“Michael guided the firm through exponential growth & oversaw its pivotal role in bringing spot bitcoin ETFs to market, leading the way for the broader financial industry,” Barry Silbert, CEO of Grayscale’s parent company Digital Currency Group, wrote on X. Source