Day: January 24, 2025

China sold 194k Bitcoin from PlusToken

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CryptoQuant CEO Ki Young Ju believes China’s authorities have already sold $20 billion worth of Bitcoin seized from the PlusToken scheme in 2019. In a recent post, Ju shared CryptoQuant’s analysis on PlusToken’s Bitcoin reserves that were seized by the Chinese government and where they may have gone. The chart shows the value of PlusToken’s 194,775 Bitcoin (BTC) reserve, compared to the value found within mixers. According to the data, Ju believes that it is most likely that China’s government has sold the seized Bitcoin. Despite the claims from the…

Uniswap Aims For Recovery – Bulls Take A Stand At $12.3 Support

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

SeaDream Yacht Club taps Coinbase Commerce to accept Bitcoin for cruise bookings

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Norwegian luxury cruise operator SeaDream Yacht Club has started accepting over 200 cryptocurrencies, including Bitcoin, for voyages and full-yacht charters. The decision to accept cryptocurrency payments was announced at the 2025 WAGMI Blockchain Conference in Miami, where SeaDream Yacht Club claimed to be the first cruise operator to offer crypto as a payment option for all its voyages, according to a SeatradeCruise news report. SeaDream Yacht Club has partnered with Coinbase Commerce to handle all crypto payments, which can be made in Bitcoin (BTC), Ethereum (ETH), and over 200 other…

Bitcoin NVT Golden Cross Hits 60-Day Low: Is This Bullish?

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On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross has plummeted recently. Here’s what this could mean for BTC’s price. Bitcoin NVT Golden Cross Has Plunged Into Bottom Zone Recently As explained by an analyst in a CryptoQuant Quicktake post, the BTC NVT Golden Cross has declined to the lowest level in two months recently. The “NVT Ratio” refers to an indicator that keeps track of the ratio between the Bitcoin market cap and transaction volume. When the value of this metric is high, it means the…

Analysts says Bitcoin’s support level is at $97K; ATH soon?

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Ali, a crypto analyst, points to Bitcoin’s potential support level at $97,530 as key in sustaining the current bullish momentum. The main support level to be monitored for Bitcoin is $97,530. Staying over this level is critical to keeping the current bullish momentum afloat, believes Ali. Bitcoin (BTC) has been trading in a tight range since hitting a new all-time high (ATH) of $109K on Jan. 20, 2025, and is now quoted at $105,128.95 as of Jan. 24. This reflects a 3.5% decline from the previous high, as per CoinMarketCap.  Understanding Bitcoin’s…

ICO response to government on economic growth

The Prime Minister, the Chancellor, and the Business Secretary wrote to the Information Commissioner (along with 16 other regulators) at the end of December asking for proposals to boost business confidence, improve the investment climate, and foster sustainable economic growth. The ICO takes its duty to promote growth very seriously and, as a key regulator for the UK’s digital economy, one of our strategic enduring objectives, set out in our ICO25 strategic plan, is to empower responsible innovation and sustainable economic growth. Data protection and information rights are essential building…

Ex-Paxful CEO’s Bitcoin marketplace Noones exploited for nearly $8m, ZachXBT says

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Peer-to-peer marketplace Noones may have been exploited for $7.9 million, with stolen funds routed through Tornado Cash. Noones, a Bitcoin (BTC) peer-to-peer marketplace founded by Paxful’s ex-CEO Ray Youssef, appears to have suffered a big hack. In early January, suspicious outflows drained around $7.9 million from the platform’s hot wallets on Ethereum (ETH), TRON (TRX), Solana (SOL), and BNB Chain (BNB), on-chain sleuth ZachXBT wrote in a Telegram post on Jan. 24. The blockchain investigator revealed the incident, showing hundreds of transactions, each under $7,000, as the funds were siphoned…

Riot Platforms exec slams Ripple for sabotaging strategic Bitcoin reserve

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A Riot Platforms exec accuses Ripple of lobbying against the Strategic Bitcoin Reserve to protect its XRP narrative and promote state-controlled digital currencies. Pierre Rochard, a vice president at Riot Platforms, has accused Ripple of leading a major lobbying effort to derail the Strategic Bitcoin Reserve, claiming the company is still throwing millions of dollars at politicians “desperately trying to derail it.” The biggest obstacle for the Strategic Bitcoin Reserve is not the Fed, Treasury, banks, or Elizabeth Warren. It’s Ripple/XRP. They are aggressively lobbying against the SBR by throwing…

Think Dogecoin Has Topped Out? Two Factors That Say ‘No Way’

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Este artículo también está disponible en español. In an analysis provided by crypto analyst Kevin (@Kev_Capital_TA), Dogecoin (DOGE) emerges as an altcoin defying current market skepticism, with technical indicators suggesting a bullish continuation rather than a peak. Dogecoin Is Still Bullish Kevin’s latest post on X highlights Dogecoin’s performance against its 50 and 200-day simple moving averages (SMA). “Dogecoin is still seeing fast expansion on the 50 and 200 simple moving averages after its weekly golden cross occurred,” he noted. This golden cross, a bullish indicator where the 50-day SMA…