The long-defunct Mt. Gox exchange has shifted a massive $1 billion worth of Bitcoin, marking its first major transaction in over a month. On Mar. 6, blockchain analytics firm Arkham Intelligence flagged the movement of 12,000 Bitcoin (BTC) from a Mt. Gox-linked wallet (1PuQB). The transaction, which cost just $1.64 in fees, distributed 166.5 BTC…
Trading platform Robinhood launched its Robinhood Trivia Live game on Wednesday, offering up $1 million worth of Bitcoin prizes—and drawing nearly 400,000 players in the process. The game, which consisted of 12 multiple choice questions about finances and cryptocurrencies, began with more than 392,600 players. By the time the final round arrived, only 1,210 users…
A New Hampshire House committee passed the US state’s Bitcoin reserve bill in a 16-1 vote on March 5 — making it the latest US state to send a Bitcoin bill to the House for a full floor vote. The House Commerce and Consumer Affairs Committee’s passing of House Bill 302 makes it one of…
Bitcoin price started a recovery wave from the $82,000 zone. BTC is back above $88,500 and might revisit the $95,000 resistance zone. Bitcoin started a fresh upward move from the $82,000 zone. The price is trading above $90,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line…
Despite including several large-market cap altcoins, US President Donald Trump’s planned crypto reserve will eventually be made up almost “entirely of Bitcoin,” says Bitwise chief investment officer Matt Hougan. “Market participants have soured on the announcement because the proposed reserve holds more than Bitcoin,” Hougan explained in a March 5 market note. “The inclusion of small-cap…
Bankrupt crypto exchange Mt. Gox has started shifting Bitcoin again, with 12,000 BTC on the move in a tumultuous week rattled by market volatility. On March 6, Arkham Intelligence alerted its users on X that the Mt. Gox wallet (1PuQB) had moved 12,000 coins (BTC) worth a little over $1 billion. The transaction cost $1.64…
Robinhood will host a trivia game in its mobile application over the next two days, providing more than $2 million in Bitcoin and Dogecoin prizes to participants. Eligible U.S. customers with a Robinhood account can participate in the Day 1 contest which kicks off at 4:45pm ET today. The contest will offer 12 multiple-choice trivia…
U.S. authorities have started releasing thousands of seized Chinese-made crypto mining machines, though most of the equipment remains in custody, Reuters reported Wednesday. It follows months of seizures at ports nationwide, initiated by the U.S. Customs and Border Protection Agency, citing requests from the Federal Communications Commission to uphold existing regulations. Decrypt has reached out…
SAN SALVADOR, EL SALVADOR – NOVEMBER 18: President of El Salvador Nayib Bukele speaks during the … [+] 72nd Miss Universe Competition at Gimnasio Nacional José Adolfo Pineda on November 18, 2023 in San Salvador, El Salvador. (Photo by Hector Vivas/Getty Images) Getty Images With a 40-month, $1.4 billion Internationa Monetary Fund’s Extended Fund Facility…
On-chain data shows the Bitcoin investors have participated in a massive amount of loss taking as the asset’s price has gone through a crash. Bitcoin Entity-Adjusted Realized Loss Observed A Sharp Spike Recently In a new post on X, the on-chain analytics firm Glassnode has talked about the latest trend in the Realized Loss for…