Five dormant Bitcoin wallets, inactive for nearly 11 years, transferred a total of 107 BTC worth about $8.3 million to a burn address, permanently removing the coins from circulation. The transactions, possibly linked to Mt. Gox-era wallets, were confirmed on May 26 and involved above-average transaction fees to ensure timely processing. This rare large-scale burn contrasts with typical whale movements that often signal potential market sell-offs. Meanwhile, Bitcoin trades near $76,000 but remains below key resistance levels, with traders watching for a potential bullish golden cross between the 50-day and 200-day moving averages.
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 ...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
Bitcoin (BTC) is showing signs of recovery after a prolonged downtrend, breaking above its 26-day and 50-day exponential moving averages (EMAs) near $63,400 and $64,100 respectively. This technical rebound suggests strengthening short-term momentum a...
ETHSystems, a new Ethereum-focused non-profit backed by Bitmine Immersion Technologies and Ethereum co-founder Joe Lubin, aims to enhance privacy on the Ethereum network for institutional use. This marks the third non-profit stepping in as the Ethere...
Lockheed Martin Ventures, the $1 billion venture capital arm of Lockheed Martin, is expanding into the UK and Europe with a new London office. It plans to invest at least $100 million in defense technology startups to strengthen transatlantic defense...
