$135.4M in Dormant Bitcoin Revived by Mid-Sept., 2016 Wallets Dominate Activity

According to the latest figures, 32 dormant bitcoin transactions have surfaced during the first two weeks of September 2024, with a hefty 2,253.54 BTC spent so far. When it comes to the biggest spenders, btcparser.com shows wallets dating back to 2016 took the lead, moving a total of 1,549.51 BTC through nine separate transactions. 32 … Read more

Bitcoin Faces Mixed Signals As Trading Groups Turn Bullish But Shorts Rise

Bitcoin’s recent recovery has reignited bullish sentiment among crypto trading groups, but simultaneously, short positions are increasing on major exchanges like Binance and Bitmex. This growing divergence is creating a complex landscape for traders, as Bitcoin continues to hover below a crucial technical level. 📺 Bitcoin’s recovery has sent crypto trading groups back into a … Read more

Bitcoin And Ethereum Mining Wallets See Declining Supply, While ETH Flows To Exchanges Surge

Since the first half of 2024, Bitcoin and Ethereum mining wallets have experienced a steady decline in their held supply, signaling a period of caution among miners. However, the latest mild rebound in the market may suggest a reversal of this trend. A significant increase in the combined supplies held by mining wallets could be … Read more

US Sentences 12 in $3.5 Million Cryptocurrency Heist Involving Violent Home Invasions

The U.S. Department of Justice (DOJ) has sentenced 12 individuals for a series of violent home invasions aimed at stealing over $3.5 million in cryptocurrency. The group’s leader received 47 years in prison, while his accomplice was sentenced to 20 years. “The victims were held at gunpoint in their home,” the DOJ stated, adding that … Read more

Bitcoin Investor Faces Prison Time for Underreporting Crypto Gains

A bitcoin investor has pleaded guilty to underreporting his cryptocurrency gains, including $3.7 million from BTC sales, resulting in a tax loss to the Internal Revenue Service (IRS) of over $550,000. The Department of Justice emphasized that taxpayers must accurately report crypto transactions to the IRS. The bitcoin investor now faces up to three years … Read more

Robert Kiyosaki Advises Investing in Bitcoin as US Dollar Becomes Trash

Robert Kiyosaki, author of Rich Dad Poor Dad, has criticized the debate over whether bitcoin or gold is better. He stressed that the only facts that matter are how much gold and bitcoin you own, pointing to the $35 trillion U.S. debt as the real issue. Cautioning that the bond market is crashing, Kiyosaki opined: … Read more

Lawmakers Call on Top 10 Bitcoin ATM Firms to Address Crypto Fraud Concerns

Seven Senate Democrats have called on the 10 largest bitcoin ATM operators in the U.S. to address growing crypto fraud that targets elderly Americans. The lawmakers explained that scammers are reportedly exploiting the anonymity of cryptocurrency transactions to steal from seniors through bitcoin ATMs. The senators urged companies to implement stronger measures to combat the … Read more

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