Billions of dollars in crypto from legal battles with several cryptocurrency companies were seized by the U.S. government, including FTX, and now they have moved it into another wallet. According to Arkham Intelligence data on Dec. 03, the U.S. government moved several cryptocurrencies that were seized by the FTX Alameda cases after they collapsed due to the mismanagement of the funds back in November 2022. The first crypto to be moved today is 54.8 billion of Shiba Inu (SHIB), which is equal to $1.55 million at the time of writing. At a later…
Day: December 3, 2024
Experts See 750% Jump Ahead
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Dogecoin Whales Keep Buying – DOGE Metrics Reveal Demand Remains Strong
Este artículo también está disponible en español. Dogecoin has been navigating a period of choppy price action, with little opportunity for strategic buys and no decisive breakouts to guide traders. Despite this uncertainty, key data from Santiment provides a glimmer of hope for Dogecoin enthusiasts. Over the weekend, Dogecoin whales accumulated an additional 160 million DOGE, signaling potential confidence in the meme coin leader’s upward trajectory. This renewed whale activity comes when Dogecoin attempts to regain momentum and reestablish its market position. Such large-scale accumulation often precedes significant price movements,…
Virgin Voyages Introduces ‘Industry-First’ Bitcoin-Payment Option for Cruises
Virgin Voyages has unveiled its Annual Pass, a bold first in the cruising world that allows cryptocurrency payments, including bitcoin (BTC). This offering brings a fresh twist to travel payments and aligns with the company’s forward-thinking ethos. All Aboard! Virgin Voyages Accepts Bitcoin for Luxe $120K Annual Cruise Pass The Annual Pass opens the door […] Original
Growing World of XRP Meme Coins Could Shape the Next Crypto Trend
The XRP Ledger has become a hotbed for meme coin activity with thousands of tokens emerging, driven by XRP’s recent price surge. Meme Coins Are Flying on XRP The XRP ecosystem is currently witnessing a surge in meme coin activity, catalyzed by a significant rally in XRP’s price. XRP recently rose to become the third-largest […] Source CryptoX Portal
Bitcoin advocate hints at ‘strategic reserve’ laws in 10 US states
Satoshi Act Fund founder Dennis Porter announced that several U.S. states are preparing to propose legislation for sovereign Bitcoin reserves. In an attempt to front-run President Donald Trump’s Bitcoin (BTC) promise, Porter has lobbied local policymakers to introduce legislation for BTC stockpiles across 10 state jurisdictions. Porter disclosed the development via an X thread, highlighting efforts from his Satoshi Act Fund organization toward passing Bitcoin-focused laws. I can now officially confirm and announce that 10 states will be introducing ‘Strategic Bitcoin Reserves’ legislation here in the great United STATES of…
Analyst Says Dogecoin Price At $1.3-$1.5 Is Still Possible, Here’s Why
Este artículo también está disponible en español. The Dogecoin price has continued its consolidation just below the $0.44 level, but positive sentiment remains at a multi-year high. Crypto analyst Kevin, known on the social media platform X as @Kev_Capital_TA, has shared an updated perspective on a positive trajectory for the Dogecoin price, maintaining that the range of $1.30 to $1.50 is still a viable target. His recent post pointed to this price zone as a critical point of interest on his macro chart, aligning with the current market sentiment surrounding…
Donald Trump may tap Paul Atkins as SEC chair
Bitcoin rebounded above $95,500 after President Donald Trump selected Paul Atkins as the new chair of the U.S. Securities and Exchange Commission. President-elect Donald Trump is reportedly set on naming former SEC Commissioner Paul Atkins to replace outgoing chair Gary Gensler at the top of the federal securities watchdog, according to sources with inside knowledge on the matter. Atkins has been a vocal supporter of the crypto industry, and many believe he could stem the scorched earth approach employed by the SEC during chair Gensler’s four years in charge. Ahead…
Whale Awakens: $257M in Dormant Bitcoin Moves After 11-Year Hiatus
On Tuesday, with bitcoin hovering slightly above $95,000, a long-dormant wallet from 2013 stirred to life, transferring 2,700 BTC—an amount now valued at $257 million—after nearly 11 years of inactivity. Dormant Whale Stirs – 2,700 Bitcoin Moved The whale in question shifted a fortune of 2,700 bitcoins that had been untouched since December 2013. Originally […] Original
Tron Breezes Past All-Time High After 30% Jump, Justin Sun Says TRX Equals XRP
On December 3rd, the Tron network’s token, TRX, reached its highest price ever recorded. TRX Now Among Top Ten Digital Assets On Dec. 3, TRX, the native token of the Tron network, hit a new all-time high of just over $0.28 after surging approximately 33% in 24 hours. The surge boosted TRX’s market capitalization past […] Source CryptoX Portal