After Tuesday and Wednesday’s dormancy drama, another blast from bitcoin’s past strutted onto the stage. Three wallets minted in 2013 finally broke their 12-year silence, shifting 300 BTC—now valued at north of $35 million—like it was pocket change. From $40K to Over $35 Million: 2013 Bitcoin Moves After 12-Year Hibernation At block heights 915227 through […] Original
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 XRP Ledger (XRPL) is witnessing increased network activity, which is bullish for its native token’s price. On-chain data also shows that whales are actively accumulating XRP, with the addresses holding one million coins recently reaching…
On Wednesday, as bitcoin notched a new all-time high of $111,888 per coin, a cluster of 12 long-dormant wallets—each created over 12 years ago—collectively moved 300 BTC, valued at approximately $33.3 million. Long-Dormant Bitcoins Reappear as Price Hits $111K—$7K Stash Now Worth $33M According to btcparser.com stats, a growing number of so-called ‘sleeping’ bitcoin addresses […] Original
Alexander Mashinsky, the former CEO of crypto lending firm Celsius, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of fraud. Celsius Mashinsky Faces Justice The proceedings took place before US District Judge John G. Koeltl in Manhattan’s Southern District, where Mashinsky faced the repercussions of what prosecutors characterized as a sweeping scheme to defraud investors. In December, the crypto lender’s former CEO admitted guilt to charges of commodities fraud and manipulation of the Celsius token, CEL, leading to his current sentence. Mashinsky’s legal…
The US federal court for the Southern District of New York has sentenced former Celsius CEO Alex Mashinsky to 12 years in prison for fraud. Mashinsky’s legal team sought a light sentence. They highlighted his spotless record before the Celsius incident, along with his military service and willingness to plead guilty. But US prosecutors were less inclined to leniency, suggesting on April 28 that the judge deliver a 20-year sentence for his actions. Betting markets predicted a light sentence ahead of the May 8 hearing. Polymarket showed only 11% odds…
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. Este artículo también está disponible en español. As Bitcoin (BTC) struggles amid the latest crypto market pullback – failing to decisively break past the $84,000 resistance – gold (XAU) continues its impressive rally, soaring to a…
Este artículo también está disponible en español. XRP has been forming a red bearish candle since the beginning of February, which is a result of a price crash that took place at the start of the month. Although THE ALTCOIN has since recovered slightly, it has yet to return to its January open. Nonetheless, the majority of crypto investors remain bullish on the long-term prospects for XRP, with analysts doubling down on optimistic price targets ranging from $2 to $5. However, a crypto analyst on the TradingView platform has presented…
Crypto mining firm Core Scientific has signed a 12-year deal with cloud provider CoreWeave to provide resources for training artificial intelligence. Bitcoin miners are now diversifying their portfolios by branching into areas tied to artificial intelligence (AI), with Core Scientific, a crypto mining giant that recently emerged from bankruptcy, now intensifying its focus on machine learning. In a press release on Jun. 3, the Texas-based company said it signed a series of 12-year contracts with CoreWeave, a former crypto mining company which now specializes on cloud services for AI. According…
Even with Bitcoin prices facing pressure from sellers, Willy Woo, an on-chain analyst, thinks the coin will reach new highs thanks to the launch of new Bitcoin exchange-traded funds (ETFs). In a post on X, Woo said the coin could soar to as high as $91,000 in a bear bottom but soar to as high as $650,000 in a bull market top. However, Bitcoin will only soar to these mega valuations, assuming that leading asset managers will fully deploy their recommended allocations to the world’s most valuable crypto asset. Bitcoin In…
In a landmark verdict, Pablo Renato Rodriguez, the co-founder of AirBit Club, has been sentenced to 12 years in prison by US District Judge George B. Daniels. According to the US Department of Justice (DOJ), Rodriguez, along with his co-conspirators, masterminded a sprawling global pyramid scheme that defrauded investors of millions of dollars through false promises of cryptocurrency trading and mining profits. AirBit Co-Founder Convicted For $100 Million Crypto Fraud Per the DOJ’s investigations, the elaborate scheme involved luring unsuspecting and often inexperienced investors into purchasing AirBit Club memberships with…