Business

24 March

$250M Bitcoin Whale Resurfaces After 8 Years, Shaking Up the Market

After nearly a decade of dormancy, a Bitcoin wallet holding approximately $250 million worth of BTC has suddenly sprung back to life. The unexpected movement of such a large sum has sparked speculation across the crypto community, raising questions about the whale’s intentions and potential market impact. The Dormant Wallet Awakens Blockchain data reveals that the wallet in question has …

24 March

Short-Term Bitcoin Holders Face $7B Loss, But Bull Market Stays Intact

Bitcoin’s price volatility has put short-term holders under pressure, with on-chain data revealing that they have collectively realized losses of nearly $7 billion. Despite this, analysts suggest that Bitcoin remains within the boundaries of a bull market, indicating that the broader uptrend is still intact. Short-Term Holders in the Red Short-term Bitcoin holders—defined as investors who have held BTC for …

24 March

Peter Schiff Trolls Crypto Again—Asks for Bitcoin for His Birthday

Peter Schiff, the outspoken economist and long-time Bitcoin critic, is once again stirring up controversy in the crypto community. In his latest jab at the industry, Schiff jokingly asked for Bitcoin as a birthday gift, a move that sparked reactions from both supporters and skeptics. Schiff’s Complicated History with Bitcoin Schiff, a well-known advocate for gold, has been one of …

24 March

Bitcoin and Ethereum Rise, But Bonk Steals the Show with 33% Surge

Bitcoin and Ethereum saw modest gains last week, continuing their steady climb amid improving market sentiment. However, it was the dog-themed cryptocurrency Bonk that captured the spotlight, soaring by an impressive 33% and outpacing the broader crypto market. Bitcoin and Ethereum Maintain Momentum Bitcoin and Ethereum, the two largest cryptocurrencies by market cap, posted moderate gains as investors remained optimistic …

24 March

U.S. Treasury Pushes to Skip Final Court Ruling in Tornado Cash Case

The U.S. Treasury has argued that a final court judgment is unnecessary in the ongoing case against Tornado Cash, the controversial crypto-mixing service. This move has raised concerns within the crypto community about due process and regulatory overreach, as the case could set a precedent for how decentralized protocols are treated under U.S. law. Treasury’s Argument: No Final Judgment Needed …

24 March

AVAX Bulls Target Double-Digit Surge as Bullish Bets Rise

Avalanche (AVAX) is showing signs of a potential breakout as bullish sentiment builds across the market. With increased investor confidence and rising trading volumes, AVAX bulls are eyeing a double-digit price surge in the coming days. AVAX Gains Momentum The recent uptick in AVAX’s price has been driven by a combination of technical and fundamental factors, including: Strong on-chain activity …

23 March

Developer Revives Tornado Cash on MegaETH Testnet After OFAC Sanctions Lift

In a major development for the decentralized finance (DeFi) ecosystem, a developer has successfully ported the Tornado Cash protocol to the MegaETH testnet, following the removal of U.S. Office of Foreign Assets Control (OFAC) sanctions. This move marks a potential revival for the controversial privacy protocol, which had been blacklisted due to alleged illicit activities. A New Chapter for Tornado …

23 March

Pakistan’s Crypto Chief Pushes Bitcoin Mining with Untapped Runoff Energy

In a bold move to harness Pakistan’s unused energy resources, the CEO of the Pakistan Crypto Council has advocated for Bitcoin mining powered by runoff energy. This initiative aims to turn excess energy into economic opportunity while promoting sustainable blockchain adoption in the country. Tapping Into Wasted Energy Pakistan, a country rich in natural resources, often sees large amounts of …

23 March

Bitcoin Nears $85K as Pakistan Embraces Mining, DOJ Recovers $7M from Crypto Scam

Bitcoin’s bullish momentum continues as the leading cryptocurrency edges closer to the $85,000 mark. Meanwhile, Pakistan has signaled support for crypto mining initiatives, and the U.S. Department of Justice (DOJ) has successfully recovered $7 million from a high-profile crypto scam. These developments highlight the growing global impact of digital assets, both in mainstream adoption and regulatory enforcement. Bitcoin’s Surge: A …

23 March

Dogecoin Eyes Continued Uptrend, But a Looming Threat Could Disrupt the Rally

Dogecoin (DOGE) has been consolidating after its recent bullish surge, signaling that an extended uptrend could be on the horizon. However, despite the positive outlook, certain risks threaten to derail the meme coin’s momentum. Dogecoin’s Price Action: A Bullish Setup? After gaining significant traction in recent weeks, Dogecoin has entered a consolidation phase, fluctuating within a tight range. Historically, such …