Bitcoin

Analysts Forecast a Bitcoin Price Increase Ahead of the US Elections

Source: investopedia.com In Short: Matt Hougan, the Chief Investment Officer at Bitwise, has issued a forecast. He thinks the price of Bitcoin might hit a new record high. This might occur before the US election. As the US presidential election approaches, he recognizes the possible effect of Kamala Harris’ backing on the market. Bitwise Forecasts […]

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Elon Musk’s Tesla transferred $765 million worth of Bitcoin to unidentified wallets

Tesla has shifted the majority of its Bitcoin to new wallets. There is no apparent indication that Elon Musk’s car company is selling. Image: Elon Musk CEO of Tesla Motors Important Aspects: Elon Musk’s company, Tesla, has transferred 11509 bitcoins to new wallets. The Onchain data from Arkham Research indicates that these bitcoins are worth

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Bitcoin Increases Past $66,000: Is “Uptober” Really Here?

Source: Cryptoast The price of Bitcoin (BTC) has significantly increased. For a brief while, it reached $66,400, the highest level since July 30th. Crypto-linked companies have seen significant gains as a result of this increase, which has rekindled hope in the crypto markets. Analysts continue to dispute the top cryptocurrency as it approaches its all-time

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James Howells Files Lawsuit Against City to Retrieve $500 Million Bitcoin Buried in Dump

Important Highlights: James Howells, an IT engineer from Newport, Wales, is suing Newport City Council. He has been fighting for a long time to get back into a hard drive. About $500 million worth of bitcoins, which he lost ten years ago, are on this hard drive. Howells claims he mistakenly tossed away the hard

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Federal Authorities Demand Bitfinex Hacker ‘Razzlekhan’ Jailed For 18 Months

Images: Heather Morgan (Razzlekhan) The hacker Heather Morgan, also known as rapper “Razzlekhan,” is being sought by US authorities to serve 18 months in prison for her involvement in the laundering of 120,000 Bitcoin that were taken from Bitfinex in 2016. Morgan pleaded guilty to one count of conspiracy to launder money in August 2023.

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Bitcoin Whale Builds Up 4,500 BTC from Binance During Massive Withdrawals

Bitcoin whales are actively accumulating, with one whale address just withdrawing 4,500 BTC from Binance. Whale activity has increased during Bitcoin’s recent weekly high, showing a potentially positive trend in the future. According to the whale tracking website LookOnChain, the whale known as “12QVsf” has reportedly withdrawn a large amount of Bitcoin from well-known exchanges,

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US Govt. Transfers 29800 BTC of Silk Road Bitcoin to Anonymous Address

The transfer of almost 29,800 Bitcoin BTC from the Silk Road DOJ Confiscated Funds Arkham Intelligence’s on-chain data discovered two new addresses on July 29 at 16:18 UTC. The infamous dark web store Silk Road is linked to the seized bitcoins. The website was known for advancing criminal exercises such as cash washing and medicates

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