Dormant 2013 Bitcoin Wallet Springs to Life, Moving Millions Amid Bearish Market

On July 9, 2024, a dormant bitcoin wallet transferred 149 BTC at block height 851,440 while bitcoin (BTC) was trading just below $58,000. The wallet, created on Nov. 20, 2013, had remained inactive for over ten years and seven months. At that time, bitcoin was valued at $644 per coin, making the entire cache worth … Read more

Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed Meeting

Stocks, precious metals, and cryptocurrencies rallied during the first month of the year, and market strategists are saying that markets could retract in the near future if the U.S. Federal Reserve keeps hiking rates and maintaining a broader tightening policy. In three days, on Feb. 1, 2023, the Federal Open Market Committee (FOMC) is set … Read more

Ethereum (ETH) Price Watch: Currency Continues to Hover Around the $205 Mark as Bearish Market Conditions Prevade

At press time, Bitcoin’s closest rival by total market capitalization and the world’s second most popular cryptocurrency is trading at $206.48— a price point that is pretty much similar to what Ether was trading for yesterday afternoon. After staying above the $225 region for the early portion of October, ETH’s value has been receding gradually … Read more