Onchain detective Zachxbt reported that an entity moved 1.96 million avalanche (AVAX) to various exchanges and subsequently withdrew millions in bitcoin (BTC) after the transaction. As of 8 a.m. EDT today, AVAX has declined almost 10% in the last 24 hours. AVAX Declines Amid Onchain Analyst’s Discovery of Major Transfers Zachxbt, a well-known onchain analyst, […] Source: https://news.bitcoin.com/millions-in-bitcoin-withdrawn-after-1-96-million-avax-transferred-to-exchanges-zachxbt/
Month: June 2024
Hong Kong invites global opinions on web3 and virtual assets future
The Hong Kong Legislative Council is actively seeking feedback on several critical aspects of Web3 policy development, including balancing technical, legal, and regulatory frameworks. Source: https://cointelegraph.com/news/hong-kong-web3-virtual-assets-policy-feedback
NFT Sales Plunge 21% Amid Broad Crypto Market Decline
Global non-fungible token (NFT) sales experienced a decline this week, dropping 21% from the previous week. Across 21 unique blockchains, the total sales just surpassed the $100 million mark over the past seven days. Weekly NFT Sales Fall, Cryptopunks and Pudgy Penguins Surge NFT sales have significantly decreased this week, correlating with the broader downturn […] Source: https://news.bitcoin.com/nft-sales-plunge-21-amid-broad-crypto-market-decline/
Michael Dell’s Bitcoin post sparks massive BTC purchase speculations
Dell’s message on X follows his $2.1 billion cash out from his Dell Technologies Class C common stock holdings. Source: https://cointelegraph.com/news/michael-dell-bitcoin-massive-btc-purchase-speculations
US Lawmaker Urges Nigerian Government to Grant Humanitarian Release for Jailed Binance Employee
Two U.S. lawmakers, French Hill and Chrissy Houlahan, have added their voices to calls for the release of jailed Binance executive Tigran Gambaryan. The lawmakers made this call shortly after visiting Gambaryan at Nigeria’s notorious Kuje Prison. Hill believes that Gambaryan is being wrongfully detained on charges related to money laundering. Prison Officials Accused of […] Source: https://news.bitcoin.com/us-lawmaker-urges-nigerian-government-to-grant-humanitarian-release-for-jailed-binance-employee/
Nova Chain Drives Mass Adoption with DAO Community-Driven Blockchain and AI Platform
PRESS RELEASE. Nova Chain is making significant strides in the digital content industry with its innovative blockchain platform. Designed to empower content creators, Nova Chain combines advanced blockchain technology with AI-driven algorithms to provide secure content management, transparent monetization, and personalized audience engagement. The platform is built to support the evolving needs of digital content […] Source: https://news.bitcoin.com/nova-chain-drives-mass-adoption-with-dao-community-driven-blockchain-and-ai-platform/
Winklevoss twins refunded for exceeding Bitcoin donation limit to Trump
It is uncertain whether the Trump 47 Committee, returned the amount in Bitcoin or converted it to its equivalent value in cash. Source: https://cointelegraph.com/news/winklevoss-twins-bitcoin-donations-trump-refund
This Week In Coins: Ethereum Stays Afloat as Crypto Market Sinks
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha ReportsIllustration by Mitchell Preffer for Decrypt. It’s been another uninspiring week for Bitcoin, with the top crypto asset chopping sideways to enter the weekend below $64,500, notching…
What is Toncoin (TON), and how to buy it?
Toincoin is a cryptocurrency that uses advanced blockchain technology to ensure efficiency and anonymity while enabling quick, safe transactions. Source: https://cointelegraph.com/news/what-is-toncoin-ton-and-how-to-buy-it
Digital Chamber raises privacy concerns over IRS crypto tax draft
The Chamber proposes adding a field to the form for brokers to indicate if a digital asset has a different tax rate, such as NFTs taxed as collectibles, to prevent errors and ensure accurate reporting. Source: https://cointelegraph.com/news/digital-chamber-feedback-irs-form-1099-da