7-Year-Old Sleeping Bitcoin Wallet Activates, Transfers $14M in BTC

Before bitcoin (BTC) hit an intraday peak of $70,016 per unit on Bitstamp on Monday, a dormant bitcoin wallet from July 27, 2017, moved 210 BTC, valued at over $14 million. 2017 Bitcoin Wallet Activity Resurfaces, 210 BTC Moved Ahead of $70K Peak In recent days, several long-inactive bitcoin addresses from 2017 have been reactivated. … Read more

Sleeping Bitcoin Wallet From 2017 Moves 121.63 BTC Worth $8.25M After 7 Years

On July 28, 2024, bitcoin was trading at $67,872 per coin when a dormant bitcoin address created in 2017 transferred 121.63 BTC, now valued at $8.25 million, after more than seven years. Dormant Bitcoin Address Transfers $8.25M This Sunday, at block height 854,349, btcparser.com’s Bitcoin blockchain parser identified a transfer from a 2017 address, moving … Read more

Bitcoin 7-Day Hashrate Average Hits Record 677 EH/s, Surpassing May 25 High

According to recent data, bitcoin’s total hashrate achieved a record high this week, based on the seven-day simple moving average (SMA). On July 25, the hashrate, measured by the seven-day SMA, reached 677 exahash per second (EH/s), surpassing the 659 EH/s recorded on May 25. Bitcoin Hashrate Breaks Records Bitcoin’s hashrate has reached new peaks … Read more

ZK Rollups: A Foundational Technology, Not Just a Fleeting Trend, According to Quicknode VP

According to Josh Neuroth, the Vice President of Product at Quicknode, Layer-2 (L2) scaling solutions known as zero-knowledge (ZK) rollups can potentially solve the most pressing issues in blockchain technology. Hence, the buzz around them is “well-founded.” He added that unlike the speculation-driven non-fungible token (NFT) frenzy, interest in ZK rollups is grounded in their … Read more

Top 10 Notable Events In Q3 2024 From Popular Projects

Coin98 Analytics has highlighted the top 10 notable events in Q3 2024 from various popular projects. Here’s a detailed look at these exciting developments: 1. Layer3 Airdrop Eligibility @layer3xyz has introduced an eligibility checker for their upcoming L3 Token Generation Event (TGE). This could be a significant airdrop from one of the largest SocialFi projects. … Read more

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