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Dormant Bitcoin wallet with $31 million BTC activates after 10 years

A dormant wallet from 2012 has woken up and moved 279 BTC. According to on-chain data, the Satoshi era wallet holds 1,128 Bitcoin worth $31.6 million. The wallet last transacted when Bitcoin prices ranged in the $12 to $95 zone.  While Bitcoin price continues to flirt with $28,000 after this week’s slump from $30,000, a new development related to the leading cryptocurrency has been observed. Dormant wallet wakes up and moves 279 BTC According to on-chain details shared by crypto account Whale Alert, a BTC wallet that has been dormant for over 10 years just reawakened.  The Satoshi era wallet reportedly holds 1,128 bitcoin worth approximately $31.6 million. 💤 💤 💤 💤 A dormant address containing 1,128 #BTC (31,587,849 USD) has just been activated after 10.5 years! https://t.co/W87gdQJ0lo — Whale Alert (@whale_alert) April 21, 2023 And the dormant wallet has made some quick moves, with 279 BTC of the assets being moved to three new addresses in the past 24 h...

Polymesh price trending after onboarding Binance as node operator

Polymesh Network yesterday announced that Binance has become a node operator. The price of POLYX has been skyrocketing since the news broke. At press time, POLYX was trading at $0.2493, up 15.82% in the last 24 hours. Polymesh price has been surging since yesterday night after Polymesh Network announced that Binance had become a node operator on its layer 1 blockchain. POLYX price surged to a daily high of $0.3013 a few hours after the announcement setting in place a Bull Run despite the fact that the token has since retraced to its current price. What Binance becoming a node operator means Binance is currently the world’s largest cryptocurrency exchange by trading volume. After becoming a Polymesh Network node operator, POLYX holders will be able to stake their tokens through Binance by the end of the week. The exchange joins Polymesh’s 17 existing node operators. As a node operator, Binance will help in running the Polymesh blockchain, certifying transactions before addin...

Dogecoin gains as ‘Doge Day’ helps sentiment: buy into the strength?

Dogecoin is in green today because April 20th is ‘Doge Day’. The meme coin’s technicals indicate bullish momentum. Billionaire CEO Elon Musk continues to support Dogecoin. Cryptocurrencies at large haven’t done all so well over the past 24 hours. But there’s one that seems to be bucking the trend – and that’s Dogecoin . Dogecoin technicals indicate upward momentum Dogecoin is in the green this morning as April 20 th – the “Doge Day” influenced the overall investor sentiment. Nonetheless, a brief look at the technicals indicate that there may be more upside to unravel in this meme coin moving forward. To begin with, Dogecoin has just had its 30-day moving average climb above the 200-day that typically signals bullish momentum. On top of that, its RSI or the Relative Strength Index has crossed 60 suggesting a further increase in price is likely. Year-to-date, Dogecoin is up roughly 30% at writing. Elon Musk continues to support Dogecoin Another potential reason to own Dogec...

Dogecoin gains as ‘Doge Day’ helps sentiment: buy into the strength?

Dogecoin is in green today because April 20th is ‘Doge Day’. The meme coin’s technicals indicate bullish momentum. Billionaire CEO Elon Musk continues to support Dogecoin. Cryptocurrencies at large haven’t done all so well over the past 24 hours. But there’s one that seems to be bucking the trend – and that’s Dogecoin . Dogecoin technicals indicate upward momentum Dogecoin is in the green this morning as April 20 th – the “Doge Day” influenced the overall investor sentiment. Nonetheless, a brief look at the technicals indicate that there may be more upside to unravel in this meme coin moving forward. To begin with, Dogecoin has just had its 30-day moving average climb above the 200-day that typically signals bullish momentum. On top of that, its RSI or the Relative Strength Index has crossed 60 suggesting a further increase in price is likely. Year-to-date, Dogecoin is up roughly 30% at writing. Elon Musk continues to support Dogecoin Another potential reason to own Dogec...

Tornado Cash’s TORN takes a ride after developer Alexey Pertsev release news

Alexey Pertsev is the developer of the banned Tornado Cash platform. Pertsev was arrested by Dutch officials in August 2022 Previously, a Dutch court had ruled to detain Pertsev until his next hearing in late April. Tornado Cash (TORN) price is up 15% after a Dutch judge ruled to release Alexey Pertsev, the developer of the mixing service Tornado Cash. Despite Tornado Cash being banned, its native token TORN has been performing quite well recently. The token has appreciated by over 30% in the last seven days . Alexey Pertsev arrest and detention Dutch authorities arrested Alexey Pertsev in August 2022 almost immediately after the United States Treasury Department sanctioned Tornado Cash. The US Treasury Department alleged that several hacker groups including North Korean state-backed Lazarus Group used the crypto mixer to launder stolen assets. It asserted that hackers laundered over $7 billion worth of cryptocurrencies since 2019 including the $80 million stolen from the Eth...

FET price slips as bears threaten bullish outlook

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FET price dipped 8% to support near $0.38 Today’s sell pressure comes after FET/USD broke higher after a pennant pattern. Fetch.ai is a leading artificial intelligence related crypto project. Fetch.ai price has retraced to support near $0.38 amid a broader crypto market dip that has Bitcoin again below $30k and Ethereum under $2k. According to data from CoinGecko, the price of FET was down more than 8% in the past 24 hours on Wednesday morning, with the technical picture suggesting possible breakdown to a recent support zone. This could be the case if bears take advantage of current weakness to force prices lower. FET price prediction: bulls need to hold onto gains Fetch.ai is an artificial intelligence-powered blockchain platform that seeks to enable full decentralisation of peer-to-peer transactions. The platform has announced new crypto trading products for DeFi users as the ecosystem embraces the benefits of artificial intelligence in trading. The price of Fetch.ai has b...

Why did bitcoin mining stocks end down on Monday?

Bitcoin mining stocks declined in line with the bitcoin price today. U.S. dollar strength pushed BTC under $30,000 again on Monday. DXY climbed today on the back of Empire State Manufacturing data. Shares of the bitcoin mining companies ended down on Monday as “BTC” – the asset they mine and hold returned to the sub $30,000 level again. Why did the bitcoin price slip today? One of the primary reasons behind weakness in the bitcoin price today was the U.S. Dollar Index that moved to the upside. BTC tends to be inversely related to the USD since it was created as a substitute for fiat currencies. That leaves us to wonder why did the U.S. dollar gain strength on Monday in the first place? The answer lies in Empire State Manufacturing data that confirmed factory activity in New York clawed back in April for the first time since late last year. A few of the notable bitcoin mining stocks that closed in the red today include Riot Platforms, Bitfarms, and Hut 8 Mining Corp. Is bitc...