Crypto Whales Scoop Up $227 Million in Bitcoin Amid Market Dip
TL;DR Crypto whales have withdrawn 4,014 BTC from Binance valued at $227.7 million over the past week. An investor withdrew 999.999 BTC, equivalent to $55.09...
Tag : Crypto
ZachXBT Analyzes Block Explorers: The Good, the Okay, and the Worst
TL;DR ZachXBT criticized the quality of several block explorers, noting that many need a complete overhaul. Bitcoin explorers like Blockchair, Mempool, and WalletExplorer were rated...
ApeCoin Launches BluePrint to Boost Bored Ape Community
TL;DR ApeCoin launches BluePrint, a set of initiatives to boost the Bored Ape community ahead of the ApeChain launch. Integration with Arbitrum Stylus and Reboot...
Bitcoin Hashrate Hits Record High: Impact on BTC Price and Mining
by Fernando
TL;DR Hashrate Record: The Bitcoin network’s hashrate reached a historic high of 742 EH. Increased Production Costs: The total cost to mine one BTC has...
PancakeSwap Burns 9.17 Million CAKE Tokens as Part of Deflationary Strategy
TL;DR PancakeSwap burned 9.17 million CAKE, reducing its supply by $15 million to control its circulation and maintain deflationary pressure. The burn included tokens collected...
Ethereum Layer-1 Revenue Plummets 99% as Layer-2 Solutions Surge
by Fernando
TL;DR Ethereum’s Layer-1 (L1) revenue has dropped by 99% since March 2024. The Dencun upgrade has significantly reduced transaction fees for Layer-2 (L2) solutions. The...
Metaplanet and SBI Group Form Strategic Alliance to Boost Bitcoin Trading and Custody
by Fernando
TL;DR Metaplanet Inc. announces a strategic alliance with SBI VC Trade for the management and custody of Bitcoin. The collaboration seeks to improve tax efficiency...
Elon Musk Confirms Tesla’s Return to Dogecoin Payments,
TL;DR Elon Musk confirms that Tesla will reintroduce Dogecoin ($DOGE) as a payment method for its products, generating excitement in the crypto community. Dogecoin, created...
Kraken Expands Futures Trading with Shiba Inu as New Collateral
by Fernando
TL;DR Kraken adds Shiba Inu (SHIB) as collateral: The platform now allows using SHIB for futures contracts. Available collaterals: In addition to SHIB, Dogewhifhat (WIF)...
Anonymous Investor Withdraws Nearly $500 Million in Bitcoin from Coinbase: Market Speculates on Next Moves
TL;DR An anonymous investor withdrew nearly $500 million in Bitcoin from Coinbase, distributing the funds across 50 transactions of 157 BTC each. There is speculation...