Justin Sun Urges Restoration of Bitcoin Emoji on X
Justin Sun, the founder of Tron, has made a public appeal to Elon Musk, urging the restoration of the Bitcoin emoji on X. Sun emphasized the significance of the Bitcoin emoji, stating that it had become a tradition within the cryptocurrency community. He referenced former U.S. President Donald Trump's statement...
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Justin Sun, the founder of Tron, has made a public appeal to Elon Musk, urging the restoration of the Bitcoin emoji on X. Sun emphasized the significance of the Bitcoin emoji, stating that it had become a tradition within the cryptocurrency community. He referenced former U.S. President Donald Trump's statement...
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US Government Transfers $2 Billion in Bitcoin Amid Pro-Crypto Promises
The United States Government has transferred $2 billion worth of Bitcoin, just two days after former President Donald Trump assured that the US would not sell its Bitcoin holdings. Blockchain analysis platform Arkham Intelligence reported that on July 29, a government wallet containing Bitcoin seized from the Silk Road dark...
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The United States Government has transferred $2 billion worth of Bitcoin, just two days after former President Donald Trump assured that the US would not sell its Bitcoin holdings. Blockchain analysis platform Arkham Intelligence reported that on July 29, a government wallet containing Bitcoin seized from the Silk Road dark...
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US Government Transfers $2 Billion in Seized Bitcoin from Silk Road
A major transaction involving a U.S. government-labeled Bitcoin address tied to the Silk Road seizure has been observed. The address, bc1qje...wzde, moved approximately 29.8K BTC, worth around $2 billion, to two new addresses. The first address, bc1qla...2zek, received 9,999.999 BTC, while the second address, bc1qng...kz4c, received 19,799.99 BTC. Potential Reasons...
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A major transaction involving a U.S. government-labeled Bitcoin address tied to the Silk Road seizure has been observed. The address, bc1qje...wzde, moved approximately 29.8K BTC, worth around $2 billion, to two new addresses. The first address, bc1qla...2zek, received 9,999.999 BTC, while the second address, bc1qng...kz4c, received 19,799.99 BTC. Potential Reasons...
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SEC Reconsiders Crypto Regulation Amid Binance Case
The US Securities and Exchange Commission (SEC) is modifying its stance on the classification of digital tokens, especially in light of its ongoing legal battle with Binance, the world's largest crypto exchange by trading volume. Recent court developments have prompted the SEC to seek permission to amend its complaint against...
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The US Securities and Exchange Commission (SEC) is modifying its stance on the classification of digital tokens, especially in light of its ongoing legal battle with Binance, the world's largest crypto exchange by trading volume. Recent court developments have prompted the SEC to seek permission to amend its complaint against...
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Robert Kiyosaki Endorses Bitcoin, Predicts Rise to $105,000 by August
Robert Kiyosaki, renowned investor, entrepreneur, and author of "Rich Dad Poor Dad," has recently thrown his support behind Bitcoin. He emphasized the value of Bitcoin over traditional fiat currencies, which he terms as "fake money systems." Kiyosaki took to X (formerly Twitter) to express his concerns about the U.S. dollar's...
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Robert Kiyosaki, renowned investor, entrepreneur, and author of "Rich Dad Poor Dad," has recently thrown his support behind Bitcoin. He emphasized the value of Bitcoin over traditional fiat currencies, which he terms as "fake money systems." Kiyosaki took to X (formerly Twitter) to express his concerns about the U.S. dollar's...
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SEC Retracts Request in Binance Lawsuit but Solana's Security Status Unclear
The U.S. Securities and Exchange Commission (SEC) has recently made headlines by retracting its request for a court decision on the security status of Solana (SOL) in the Binance lawsuit. This move does not necessarily indicate that the SEC considers SOL to be a non-security. Jake Chervinsky, chief legal officer...
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The U.S. Securities and Exchange Commission (SEC) has recently made headlines by retracting its request for a court decision on the security status of Solana (SOL) in the Binance lawsuit. This move does not necessarily indicate that the SEC considers SOL to be a non-security. Jake Chervinsky, chief legal officer...
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Solana's Open Interest Peaks, Signaling Potential Price Surge
Solana (SOL) is poised for significant price action as open interest in its perpetual futures has reached all-time highs in dollar terms. This surge in open interest is noteworthy because high levels often precede substantial price movements, either upward or downward. Open interest refers to the total number of outstanding...
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Solana (SOL) is poised for significant price action as open interest in its perpetual futures has reached all-time highs in dollar terms. This surge in open interest is noteworthy because high levels often precede substantial price movements, either upward or downward. Open interest refers to the total number of outstanding...
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Shiba Inu Sees Significant Token Burn and Network Growth Despite Price Dip
Shiba Inu has witnessed a dramatic increase in its daily SHIB burn rate. According to Shibburn, the burn rate soared by 7,334.38%, with over 2.37 million SHIB transferred to dead wallets in the past 24 hours. This significant burn activity comes amid a broader market downtrend for SHIB. Large Transactions...
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Shiba Inu has witnessed a dramatic increase in its daily SHIB burn rate. According to Shibburn, the burn rate soared by 7,334.38%, with over 2.37 million SHIB transferred to dead wallets in the past 24 hours. This significant burn activity comes amid a broader market downtrend for SHIB. Large Transactions...
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Ethereum Whale Transactions Surge Amidst Excitement Over New ETFs
Ethereum has witnessed a remarkable 449.03% surge in large transaction volumes, primarily driven by whale activity. According to IntoTheBlock data, these significant transactions, totaling $10.77 billion and representing 3.24 million ETH, reflect the growing interest from institutional investors. This spike is closely tied to the recent launch of several Ethereum...
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Ethereum has witnessed a remarkable 449.03% surge in large transaction volumes, primarily driven by whale activity. According to IntoTheBlock data, these significant transactions, totaling $10.77 billion and representing 3.24 million ETH, reflect the growing interest from institutional investors. This spike is closely tied to the recent launch of several Ethereum...
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India’s Digital Rupee Reaches 5 Million Users and 420,000 Merchants
India’s central bank, the Reserve Bank of India (RBI), has announced significant progress in its digital rupee initiative. As of June 2024, there are five million digital rupee users and 420,000 merchants participating in the retail central bank digital currency (CBDC) pilot. The RBI aims for the digital rupee to...
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India’s central bank, the Reserve Bank of India (RBI), has announced significant progress in its digital rupee initiative. As of June 2024, there are five million digital rupee users and 420,000 merchants participating in the retail central bank digital currency (CBDC) pilot. The RBI aims for the digital rupee to...
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XRP Poised for Major Bullish Breakout After 6 Years of Consolidation
XRP's price has seen significant fluctuations since late July, largely driven by speculation around a potential settlement between the SEC and Ripple. This anticipation caused XRP to surge from $0.599 to $0.655 in a matter of hours. Although it has since corrected, this rapid increase highlights XRP’s potential to attract...
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XRP's price has seen significant fluctuations since late July, largely driven by speculation around a potential settlement between the SEC and Ripple. This anticipation caused XRP to surge from $0.599 to $0.655 in a matter of hours. Although it has since corrected, this rapid increase highlights XRP’s potential to attract...
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Bitcoin Strategic Reserve Bill Gains Massive Support from Crypto Community
Dennis Porter, CEO and co-founder of Satoshi Action Fund, revealed a tremendous response from the cryptocurrency community regarding the Bitcoin Strategic Reserve Bill. Within 24 hours, over 1,100 letters were sent to U.S. Senators, urging them to co-sponsor the bill designed to bolster the American economy. Introducing the BTC Strategy...
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Dennis Porter, CEO and co-founder of Satoshi Action Fund, revealed a tremendous response from the cryptocurrency community regarding the Bitcoin Strategic Reserve Bill. Within 24 hours, over 1,100 letters were sent to U.S. Senators, urging them to co-sponsor the bill designed to bolster the American economy. Introducing the BTC Strategy...
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Shiba Inu's Remarkable Journey: From Meme Coin to Decentralized Powerhouse
Lucie, the marketing lead for Shiba Inu, recently reviewed the significant milestones the SHIB ecosystem has achieved. Transitioning from a joke to a substantial player in the crypto world, Shiba Inu has grown into one of the largest Web3 communities. Its token, initially considered speculative, has now evolved into a...
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Lucie, the marketing lead for Shiba Inu, recently reviewed the significant milestones the SHIB ecosystem has achieved. Transitioning from a joke to a substantial player in the crypto world, Shiba Inu has grown into one of the largest Web3 communities. Its token, initially considered speculative, has now evolved into a...
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Bitcoin's Deepest Correction in Current Cycle Sees 29% Drop
Bitcoin (BTC) has experienced a significant retracement, dropping 29% over two weeks, as noted by crypto analyst Rekt Capital. This marks the deepest correction in the current cycle. Despite this, Bitcoin has shown resilience, bouncing back 8.5% in the past 24 hours to reach the $55,000 price level. Support and...
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Bitcoin (BTC) has experienced a significant retracement, dropping 29% over two weeks, as noted by crypto analyst Rekt Capital. This marks the deepest correction in the current cycle. Despite this, Bitcoin has shown resilience, bouncing back 8.5% in the past 24 hours to reach the $55,000 price level. Support and...
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Solana Faces Major Decline Amid Crypto Market Shifts
Solana (SOL), once a beacon in the cryptocurrency world, has recently experienced a significant 27.4% decline. This downturn is influenced by various market dynamics, including macroeconomic factors, regulatory concerns, and shifting investor sentiments. Despite its robust technology and strong community, Solana's recent performance has raised concerns about its short-term stability...
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Solana (SOL), once a beacon in the cryptocurrency world, has recently experienced a significant 27.4% decline. This downturn is influenced by various market dynamics, including macroeconomic factors, regulatory concerns, and shifting investor sentiments. Despite its robust technology and strong community, Solana's recent performance has raised concerns about its short-term stability...
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Kamala Harris Urged to Reconsider Crypto Stance Amid Rising Political Pressure
As cryptocurrency becomes a pivotal issue in the U.S. presidential race, Vice President Kamala Harris is facing increasing pressure to reconsider her anti-crypto stance. Former President Donald Trump has embraced crypto, advocating for crypto donations, proposing a strategic Bitcoin reserve for the U.S., and making significant appearances at crypto events....
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As cryptocurrency becomes a pivotal issue in the U.S. presidential race, Vice President Kamala Harris is facing increasing pressure to reconsider her anti-crypto stance. Former President Donald Trump has embraced crypto, advocating for crypto donations, proposing a strategic Bitcoin reserve for the U.S., and making significant appearances at crypto events....
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Shiba Inu Lead Developer Backs Vitalik Buterin's Ethereum Vision
Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu ecosystem, has shown strong support for Ethereum co-founder Vitalik Buterin’s recent efforts to enhance user experience across the Ethereum network. Buterin addressed concerns about cross-Layer 2 interoperability in an X post earlier this week, expressing optimism that these issues will...
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Shytoshi Kusama, the pseudonymous lead developer of the Shiba Inu ecosystem, has shown strong support for Ethereum co-founder Vitalik Buterin’s recent efforts to enhance user experience across the Ethereum network. Buterin addressed concerns about cross-Layer 2 interoperability in an X post earlier this week, expressing optimism that these issues will...
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Binance Sees $1.2 Billion Influx Amid Market Downturn
Following the sharp market downturn on August 5, 2024, Binance experienced a remarkable $1.2 billion influx, showcasing significant trader activity despite falling cryptocurrency prices. CEO Richard Teng highlighted this as one of the year's strongest days for net inflows, attributing it to robust investor confidence, based on data from DeFiLlama....
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Following the sharp market downturn on August 5, 2024, Binance experienced a remarkable $1.2 billion influx, showcasing significant trader activity despite falling cryptocurrency prices. CEO Richard Teng highlighted this as one of the year's strongest days for net inflows, attributing it to robust investor confidence, based on data from DeFiLlama....
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Ethereum Holders Move $2 Billion in ETH Amid Market Activity Surge
Large Ethereum (ETH) holders have moved 820,000 ETH, equivalent to over $2 billion, in the past 24 hours. Lookonchain, a notable market analyst on X (formerly Twitter), reported that market maker Jump Crypto transferred over $29 million worth of ETH for sale and redeemed $48 million from the liquid staking...
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Large Ethereum (ETH) holders have moved 820,000 ETH, equivalent to over $2 billion, in the past 24 hours. Lookonchain, a notable market analyst on X (formerly Twitter), reported that market maker Jump Crypto transferred over $29 million worth of ETH for sale and redeemed $48 million from the liquid staking...
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Major Ethereum Transfers and ETF Inflows Impact Market Dynamics
In a notable development, large Ethereum (ETH) holders have moved 820,000 ETH, valued at over $2 billion, within the past 24 hours. This substantial movement was reported by Lookonchain on X (formerly Twitter), revealing that market maker Jump Crypto transferred over $29 million for sale and redeemed $48 million from...
Reach us on: https://www.cryptoknowmics.com/news/?p=255458
In a notable development, large Ethereum (ETH) holders have moved 820,000 ETH, valued at over $2 billion, within the past 24 hours. This substantial movement was reported by Lookonchain on X (formerly Twitter), revealing that market maker Jump Crypto transferred over $29 million for sale and redeemed $48 million from...
Reach us on: https://www.cryptoknowmics.com/news/?p=255458