Lookonchain: Erm, actually the $2B of ETH was sold back in 2021
Lookonchain shared that Plus Token had begun moving nearly $2 billion in ETH but it turns out most of it had already been sold in 2021. Go to Source
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3 key Bitcoin price metrics highlight traders’ lack of enthusiasm
Bitcoin price declines as stablecoin and futures market data show declining confidence among traders. Go to Source
Trump Suggests Paying off $35 Trillion National Debt With Bitcoin — Wants US to Be Leader in Crypto
Former U.S. President Donald Trump emphasized the importance of the U.S. leading in cryptocurrency, suggesting that the government could pay off its $35 trillion national debt with bitcoin. He described crypto as “a different form of currency” that is already “prominent” and “massive,” stating that “it’s going to end up benefiting the country.” Trump Advocates … Read more
US, UK accelerate quantum computing programs after China breakthrough
China’s room temperature time crystals could radically affect the timeline for the arrival of useful quantum computers. Go to Source
Report Reveals China Continues to Secretly Grow Its Gold Stash, Misleading Market to Cause Price Cool-Off
Jan Nieuwenhuijs, a gold analyst specializing in Chinese markets, alleges that China has continued to secretly buy gold without reporting it to the market, benefiting from a price cool-off. Nieuwenhuijs states that the strategy of the PBOC is to purchase gold through UK bullion banks, which goes unreported by using non-traditional bank conduits. Report Alleges … Read more
China’s crypto ban fails to stop scams as Shaanxi police arrest 4 suspects
Mainland China quickly and effectively addresses crypto fraud incidents despite banning crypto transactions a few years ago. Go to Source
Tron Founder Justin Sun Calls on China to Warm up to Bitcoin
Justin Sun, the founder of Tron, has called for China to open up to Bitcoin. According to Sun, China’s embrace of crypto would benefit the entire cryptocurrency space, providing a counterpart to the U.S. China’s ban on bitcoin and cryptocurrency mining altered the industry landscape in 2021, leading to a significant exodus of miners that … Read more
Asian Markets Cashed out During Recent Gold Rally
Buyers in Asian markets were reluctant to continue purchasing gold as it reached a new record high last week, opting to cash out and wait for deeper discounts. In India, sellers were offering discounts on gold bullion of over $65 per ounce, with local dealers preparing for regulatory changes, while in China, discounted prices reached … Read more
Is Trump right to worry that China could ‘take over’ crypto?
Does China regret banning Bitcoin mining in 2021? Could it opt back in? Can a single nation even control decentralized assets like BTC? Go to Source
Bitcoin bulls aim for $72K after BTC futures premium hits a 5-week high
The Bitcoin bull market is in full swing, as proved by the BTC futures premium reaching a five-week high. Go to Source