Category Archives: Blockchain

A Bitcoin wallet from the Satoshi era transfers 2,000 BTC for the first time in over a decade.

A Bitcoin wallet from the Satoshi era transfers 2,000 BTC for the first time in over a decade.

A wallet associated with the early days of Bitcoin, often referred to as a “Satoshi-era” wallet, recently moved a significant amount of BTC for the first time in over a decade. The wallet, which originally received its coins in 2010 when Bitcoin was still in its infancy, transferred 2,000 BTC worth nearly $180 million to […]

Hedera’s HBAR Momentum Has Just Begun, Analyst Says

Hedera Hashgraph (HBAR) has been one of the best-performing cryptocurrencies on Friday, November 15, with its price rising to $0.0767, marking its highest level since July 17. This surge represents a 66% increase from its lowest point earlier this month. The momentum surrounding HBAR has drawn the attention of crypto analysts, with some forecasting even […]

Shiba Inu Price Could Surge 90% as Burn Rate Increases

Shiba Inu Price Could Surge 90% as Burn Rate Increases

Shiba Inu (SHIB) has experienced a pullback, entering a bear market with a drop of over 20% from its peak earlier this week. On November 15, SHIB was trading at $0.000024, reflecting the broader downturn in the cryptocurrency market, with Bitcoin and other altcoins also seeing declines. However, there are signs that SHIB’s price could […]

Hong Kong’s HKMA Warns Against Overseas Crypto Firms Posing as Banks

Hong Kong's HKMA Warns Against Overseas Crypto Firms Posing as Banks=1

The Hong Kong Monetary Authority (HKMA) has issued a public warning against overseas cryptocurrency firms that falsely claim to be licensed banks, urging caution as such claims may be in violation of local banking laws. In a press release issued on November 15, the HKMA cautioned that some crypto firms, operating outside of Hong Kong, […]

Goldman Sachs Holds $718 Million in Bitcoin ETFs, Reflecting a Shift Toward Digital Assets

Goldman Sachs Holds $718 Million in Bitcoin ETFs, Reflecting a Shift Toward Digital Assets

Goldman Sachs, the renowned global investment bank, has significantly increased its exposure to the cryptocurrency market, now holding more than $710 million in Bitcoin exchange-traded funds (ETFs). According to a 13F filing with the U.S. Securities and Exchange Commission (SEC) on November 14, Goldman Sachs owns approximately $718 million in shares across eight Bitcoin ETFs, […]

A Financial Transformation Awaits Millions of Pi Network Pioneers in the Coming Year

A Financial Transformation Awaits Millions of Pi Network Pioneers in the Coming Year

Pi Network, a rapidly growing cryptocurrency project, has captured the attention and excitement of millions of users worldwide. With over 60 million active “Pioneers,” Pi Network is gearing up for a significant financial transformation for its users in the year ahead. By this time next year, many anticipate that Pi Network will have fundamentally changed […]

Solidion Allocates 60% of Cash Reserves to Bitcoin in Strategic Treasury Move

Solidion Allocates 60 of Cash Reserves to Bitcoin in Strategic Treasury Move 1

Solidion Technology, a U.S.-based battery materials provider listed on Nasdaq, has announced a bold move to allocate 60% of its excess cash reserves to Bitcoin (BTC) as part of its new corporate treasury strategy. The company made this announcement in a press release on November 14, 2024. As part of this strategy, Solidion plans to […]

XRP Leads Altcoin Rally with 16% Surge Amid Regulatory Optimism, Eyes $1 Target

XRP Leads Altcoin Rally with 16% Surge Amid Regulatory Optimism, Eyes $1 Target

XRP has emerged as the top performer among the top 100 cryptocurrencies, surging over 16% in the past 24 hours. The price of XRP is currently trading at $0.8035, marking its highest level in 2023, and extending its seven-day gains to an impressive 45.9%. The rally is being driven by growing regulatory optimism and speculation […]

Spot Bitcoin ETFs Experience $400.6M in Outflows, Breaking Streak of Inflows

Spot Bitcoin ETFs Experience $4006M in Outflows Breaking Streak of Inflows

On November 14, U.S. spot Bitcoin exchange-traded funds (ETFs) faced a significant reversal, with a total of $400.67 million in net outflows, ending a six-day inflow streak that had previously brought over $4.73 billion into these funds. Data from SoSoValue highlighted that 12 spot Bitcoin ETFs experienced a negative day, marking the largest outflow since […]