A bitcoin wallet that had been dormant since 2011 moved nearly 50 $BTC worth about $3.2 million on Thursday, shifting the coins to an address with a history of sending bitcoin to institutional crypto brokerage FalconX. The wallet received the coins on July 16, 2011, when bitcoin traded around $10, and had not spent them
Bitcoin whales accumulated 38,000 $BTC through accumulation addresses, reducing the amount of available supply on exchanges. The estimated average purchase price is near $70,000, creating a critical market level. Analysts believe the move could represent long-term confidence or an attempt to recover losses, making whale activity a key factor for Bitcoin’s next direction. Large holders
Uniswap has dismissed claims that its 4x cheaper token launchpad called ‘ Trade Pools’ is designed to “extract” most value from users. The new launchpad set a 0.25% trading fee compared to 1% charged by some players. For some critics, Pools was all out to undercut other memecioin lauchpads on Robinhood, such as Pons. But