Several Bitcoin wallets from 2014 and 2017 have recently moved a combined total of over 150 BTC, worth millions of dollars, during a period when Bitcoin's price dropped to around $74,530. Notably, a 2014 wallet moved 103.96 BTC, with more than half sent to Coinbase, suggesting possible selling activity. These movements highlight that long-inactive Bitcoin holdings are becoming active again, either for profit-taking or wallet management, despite Bitcoin still trading 40% below its all-time high. This trend indicates that a significant portion of Bitcoin's oldest wealth remains ready to move, potentially impacting market dynamics.
Taiwan Semiconductor Manufacturing Company (TSMC) reported a 23.4% increase in second-quarter profit from the previous quarter, surpassing analyst estimates. The company's net income reached NT$706.56 billion ($39.45 billion), a record high for the f...
National Beverage faces stagnant growth as LaCroix volumes have declined for four straight years, reducing brand excitement. The stock trades at reasonable multiples reflecting muted growth and no clear catalysts for upside. Despite stable gross marg...
Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...
A bitcoin wallet that had been inactive since 2017 moved its entire holding of 5,908 BTC, now worth about $383 million, to a new, unidentified address. The coins were originally bought near bitcoin's 2017 peak at around $16,000 each and have gained r...
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
