Currencies28867
Market Cap$ 2.71T+0.76%
24h Spot Volume$ 34.63B+10.3%
DominanceBTC49.98%-1.00%ETH17.39%+3.75%
ETH Gas8 Gwei
Cryptorank
MainNewsBitcoin’s De...

Bitcoin’s Decade-Old Wallet Transfers $43.94M as BTC Hits $64K


May, 06, 2024
< 1 min read
by CoinEdition
Bitcoin Wallet Transfers $43.94M as BTC Reaches $64K
  • Dormant Bitcoin wallet moves $43.94M after 10 years.
  • BTC nears $64K resistance as the market watches for a breakout.
  • Technical indicators suggest BTC could face imminent correction.

In a financial maneuver, a Bitcoin wallet that had lain dormant for over a decade abruptly initiated a complete transfer of its holdings. The transaction, involving 687.33 Bitcoin (BTC), which is today valued at roughly $43.94 million, occurred merely 10 minutes ago. This sudden movement has ignited intense scrutiny and speculation among both market investors and cryptocurrency analysts.

Lookonchain reports that this particular wallet received 687.33 BTC on January 12, 2014. At that juncture, Bitcoin’s monetary worth stood at a mere $917 per unit, rendering the total assets worth about $630,000—a figure vastly inferior to their present valuation. This sharp appreciation exempli…

The post Bitcoin’s Decade-Old Wallet Transfers $43.94M as BTC Hits $64K appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Will BTC, ETH Price Boom Come to an End? Price Analysis

Will BTC, ETH Price Boom Come to an End? Price Analysis

BTC and ETH liquidations summed up to $16.14 million in the last 24 hours. The shorte...
May, 26, 2024
< 1 min read
by CoinEdition
BTC Maxi Michael Saylor Says Ethereum ETF Approval “Is Good for” Bitcoin

BTC Maxi Michael Saylor Says Ethereum ETF Approval “Is Good for” Bitcoin

Michael Saylor views the SEC’s approval of Ethereum ETFs as advantageous for Bitcoin’...
May, 26, 2024
< 1 min read
by CoinEdition
MainNewsBitcoin’s De...

Bitcoin’s Decade-Old Wallet Transfers $43.94M as BTC Hits $64K


May, 06, 2024
< 1 min read
by CoinEdition
Bitcoin Wallet Transfers $43.94M as BTC Reaches $64K
  • Dormant Bitcoin wallet moves $43.94M after 10 years.
  • BTC nears $64K resistance as the market watches for a breakout.
  • Technical indicators suggest BTC could face imminent correction.

In a financial maneuver, a Bitcoin wallet that had lain dormant for over a decade abruptly initiated a complete transfer of its holdings. The transaction, involving 687.33 Bitcoin (BTC), which is today valued at roughly $43.94 million, occurred merely 10 minutes ago. This sudden movement has ignited intense scrutiny and speculation among both market investors and cryptocurrency analysts.

Lookonchain reports that this particular wallet received 687.33 BTC on January 12, 2014. At that juncture, Bitcoin’s monetary worth stood at a mere $917 per unit, rendering the total assets worth about $630,000—a figure vastly inferior to their present valuation. This sharp appreciation exempli…

The post Bitcoin’s Decade-Old Wallet Transfers $43.94M as BTC Hits $64K appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Will BTC, ETH Price Boom Come to an End? Price Analysis

Will BTC, ETH Price Boom Come to an End? Price Analysis

BTC and ETH liquidations summed up to $16.14 million in the last 24 hours. The shorte...
May, 26, 2024
< 1 min read
by CoinEdition
BTC Maxi Michael Saylor Says Ethereum ETF Approval “Is Good for” Bitcoin

BTC Maxi Michael Saylor Says Ethereum ETF Approval “Is Good for” Bitcoin

Michael Saylor views the SEC’s approval of Ethereum ETFs as advantageous for Bitcoin’...
May, 26, 2024
< 1 min read
by CoinEdition