On July 4, a bitcoin whale that had been off the radar since 2011 suddenly sprang to life, shifting a massive 20,000 BTC for the first time in more than 14 years. Over that stretch, the holder saw their stash balloon in value by a staggering 141,565,494%. After the 20,000 shift, the entity moved yet […] Original
Key Notes Ripple Labs has finally completed its escrow release for July by unlocking another 500,000,000 XRP. On July 1, it initially released 500 million XRP tokens in a single transaction. Ripple Labs is applying for its bank license for RLUSD. . Blockchain payments firm Ripple Labs XRP $2.24 24h volatility: 2.1% Market cap: $132.21 B Vol. 24h: $2.41 B has finally completed another escrow release for July by unlocking another 500,000,000 XRP. Ripple Releases 1 Billion XRP in Tranches Normally, Ripple Labs releases 1 billion XRP from escrow each month…
On July 3, the US Congress passed into law the One Big Beautiful Bill Act. President Donald Trump’s bill offers little to the crypto industry, but it could benefit Bitcoin all the same. Trump’s budget proposal passed in the late hours of July 3 entirely along partisan lines; only two Republicans voted against the controversial bill, which will significantly increase the US government’s borrowing ability. It has drawn significant criticism from Democrats and even from current and former Trump allies like Tesla CEO Elon Musk. Notably absent from the bill…
Key Notes Minna Bank plans on exploring the usage of digital wallet and stablecoins in Japan. The research will focus on issuing stablecoins on the Solana chain. The study will also review the use cases of these innovations including asset trading, digital payments and cross-border payments. . Minna Bank, a digital bank based in Japan, has announced a new research initiative to explore the potential role of digital wallets and stablecoins in the country’s financial payment ecosystem. The study is being conducted in collaboration with key partners, including crypto infrastructure firm Fireblocks,…
According to on‑chain tracker Whale Alert, an unknown wallet just received 1,000,000 SOL in a single move worth over $152 million. It all happened in a flash. The report set off alarms across the Solana network and sent traders scrambling. Activity shot up almost immediately as everyone tried to figure out who was behind the transfer and why it mattered. Massive Transfer Caught On Chain Based on reports, the one‑million‑SOL transfer lifted 24‑hour trading volume to $4.11 billion, a nearly 28% rise. Large moves of this size—more than $152 million…
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Bitcoin whales have reawakened after 14 years of patiently holding the world’s first and largest cryptocurrency, transferring billions of dollars in value. A Bitcoin wallet “12tLs” transferred 10,000 Bitcoin (BTC) worth over $1 billion after 14 years of holding the assets on Thursday. The mysterious whale initially received the 10,000 BTC on April 3, 2011, when Bitcoin traded for about $0.78 a coin, according to blockchain data shared by Lookonchain in a Friday X post. Hours later, two other whale addresses — “bc1qm” and “1GcCK” — also woke up after…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The improbable $1 price target for Dogecoin has returned to the spotlight after independent crypto analyst Cantonese Cat (@cantonmeow) shared a bold new Ichimoku-based projection on July 3. In a chart posted to X, the analyst…
Key Notes Gillian Lynch is all set to lead Binance’s strategy and operations in Europe and the UK. The appointment aligns with Binance’s efforts to meet MiCA compliance in the EU. Binance launches Institutional Loans, offering cross-collateralized credit lines to clients. Binance has recently announced that it has chosen Gillian Lynch to head its Europe and the UK division. Lynch will oversee Binance’s operations, strategy, and regulatory engagement across the region. The appointment comes as Binance deepens its focus on regulated markets across the region. As per the official press…
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