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Gomining Launches Foundation to Drive Innovation in Bitcoin L1 and L2 Projects

Gomining Launches Foundation to Drive Innovation in Bitcoin L1 and L2 ProjectsThe GoBTC Foundation, established by Gomining, has been officially launched to strengthen Bitcoin’s onchain ecosystem. The foundation’s creation aims to support initiatives that foster greater transaction activity and ecosystem growth. Foundation Established to Foster Bitcoin’s Infrastructure Growth Gomining states that the GoBTC Foundation operates as a vertically integrated entity, focusing on Bitcoin’s layer one (L1) […]

Best Wallet Raises $5M in New Crypto Presale, Expert Predicts 10x Potential

Government of Bhutan Holds $828M in Bitcoin, Arkham Data Shows

Government of Bhutan Holds 8M in Bitcoin, Arkham Data ShowsThe government of Bhutan is currently holding over $828 million in bitcoin, according to onchain data by Arkham Intelligence. “Unlike most governments, Bhutan’s BTC does not come from law enforcement asset seizures, but from bitcoin mining operations, which have ramped up dramatically since early 2023,” the crypto intelligence firm explained. Bhutan Revealed as a Major […]

Best Wallet Raises $5M in New Crypto Presale, Expert Predicts 10x Potential

Over a Dozen 11-Year-Old Bitcoin Wallets Awaken, Transferring Millions

Over a Dozen 11-Year-Old Bitcoin Wallets Awaken, Transferring MillionsIn recent days, as bitcoin edged past the $60,000 mark after dipping below $50,000 on Monday, Aug. 5, a couple of intriguing dormant bitcoin transfers have surfaced from wallets established in 2013. The first case involved an individual who moved 250 BTC—worth just over $15 million—from a long-inactive address created on May 12, 2013. In […]

Best Wallet Raises $5M in New Crypto Presale, Expert Predicts 10x Potential

76 Sleeping Bitcoin Wallets Activated in July, Unlocking $424M

76 Sleeping Bitcoin Wallets Activated in July, Unlocking 4MThroughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally, 76 transactions from dormant bitcoin wallets, created between 2010 and 2017, spent 6,536.17 BTC, amounting to $424 […]

Best Wallet Raises $5M in New Crypto Presale, Expert Predicts 10x Potential

Germany’s BTC Wallet Sees Inflows, Mt Gox Moves Billions, US Gov Transfers $13.6M Unnoticed

Germany’s BTC Wallet Sees Inflows, Mt Gox Moves Billions, US Gov Transfers .6M UnnoticedApproximately 14 hours ago, the German government sold roughly $175 million worth of bitcoin, reducing its holdings to about 40,359 BTC. However, recent activity has increased the total back to 41,226 BTC. German Bitcoin Divestment Followed by Inflows From Major Exchanges This movement, along with transactions involving large bitcoin wallets like those of the German […]

Best Wallet Raises $5M in New Crypto Presale, Expert Predicts 10x Potential

Dormant Bitcoin Wallets From 2010-2017 Transfer $294M in June

Dormant Bitcoin Wallets From 2010-2017 Transfer 4M in JuneLong-time bitcoin holders moved a total of 4,681.438 BTC, worth $294 million, from dormant wallets dating from 2010 to 2017. The most significant activity was from addresses created in 2016, with 2,442.302 BTC exchanged across 14 transactions. 4,681 BTC Moved From Long-Inactive Wallets While BTC faced considerable fluctuations in June, bitcoins from long-inactive wallets transacted […]

Best Wallet Raises $5M in New Crypto Presale, Expert Predicts 10x Potential

Over 200 BTC From 2013 and 2012 Wallets Awaken, Now Valued at Over $14M

Over 200 BTC From 2013 and 2012 Wallets Awaken, Now Valued at Over MOver the past weekend, 211.51 dormant bitcoins valued at $14.79 million were reactivated after over a decade of inactivity. More than half of these funds originated from bitcoin wallets that had been inactive since 2012. Vintage Bitcoin Wallets Unleash 211.51 Bitcoin Since June 8, 2024, a series of four transactions brought 211.51 dormant bitcoins back […]

Best Wallet Raises $5M in New Crypto Presale, Expert Predicts 10x Potential

Sleeping Bitcoins Worth $13.87M Move After 11 Years, Transfer Exposes 2013 Whale

Sleeping Bitcoins Worth .87M Move After 11 Years, Transfer Exposes 2013 WhaleAccording to data from June 3, an entity with eight wallets created in 2013 moved 200 BTC valued at $13.87 million after the funds remained untouched for over 11 years. If sold today, the value of these bitcoins has increased by 197,785% since their acquisition. Spending 200 Bitcoin Unveils Previous Transactions From 2013 On Monday, […]

Best Wallet Raises $5M in New Crypto Presale, Expert Predicts 10x Potential

Bitcoin Runes hype fades, transactions plummet 84%

Bitcoin Runes protocol caused an initial surge in Bitcoin transactions, exceeding 50% at its peak. Did the hype clog clear out?

The Bitcoin Runes protocol is struggling to maintain its share of Bitcoin transactions. Since its launch on April 20, Runes transactions have dominated Bitcoin blockchain traffic on eight different days, mostly during the weekends.

The Bitcoin Runes launch coincided with the fourth Bitcoin halving. The resultant hype saw transaction volume shoot up on the Bitcoin blockchain. Revenue from Bitcoin (BTC) mining exceeded the $100 million mark for the first time, recording an all-time high daily earnings of $107.7 million.

Transactions attributed to the Runes protocol accounted for over 50% of all Bitcoin transactions until April 24. The peak occurred on April 23, when these transactions represented 81.3% of the bandwidth. However, by May 2, this figure had dropped to 11.1%.

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Best Wallet Raises $5M in New Crypto Presale, Expert Predicts 10x Potential

32 Vintage ‘Sleeping Bitcoin’ Wallets Spring to Life in May, Surpassing April’s Activity

32 Vintage ‘Sleeping Bitcoin’ Wallets Spring to Life in May, Surpassing April’s ActivityFollowing the awakening of numerous dormant bitcoins in March, April was rather uneventful, with just 72 transfers from idle wallets dating between 2010 and 2017. To date, May has seen 32 transfers from vintage wallets, moving about 1,181 more bitcoin in the past two weeks than during the whole month of April. May Outpaces April […]

Best Wallet Raises $5M in New Crypto Presale, Expert Predicts 10x Potential