Results For: BTC
El Salvador Volcanic Bitcoin Mining Yields 473.5 BTC, Boosting Holdings to 5,750 Coins
El Salvador has mined 473.5 Bitcoin since September 2021 using geothermal energy from the Tecapa volcano. According to official data released by the country’s “Bitcoin Office” on Tuesday, this brings the government’s total Bitcoin portfolio to 5,750 BTC. Key points: Also read: Tornado Cash Developer Convicted Of Money Laundering, Sentenced To 64 Months In Prison …...
$69.3 Million in Wrapped Bitcoin (WBTC) Lost to Address Poisoning Scam
In a recent incident of address poisoning, 1,155 Wrapped Bitcoin (WBTC), equivalent to approximately $69.3 million, were transferred to the wrong address. Blockchain security firm CertiK first reported the news, and on-chain sleuth ZachXBT and the CEO of real-time security alert platform Cyvers later confirmed it. Key points: Also read: ZKasino Scammer Arrested: Dutch Authorities …...
🥛 BTC’s streak is coming to an end ☠️
Today’s edition is brought to you by Stacks – the leading Bitcoin L2 gearing up for the largest update yet with the Stacks Nakamoto Release. Bitcoin is more than you think. GM. This is Milk Road, we help you get smarter about crypto every day. Here’s what we’re serving up: Prices as of 12:30 PM …...
Bitcoin Faces Potential Correction Around BTC Halving: Arthur Hayes
Arthur Hayes, co-founder and former CEO of crypto exchange BitMEX, has cautioned that Bitcoin (BTC) may face selling pressure in the days surrounding the mining-reward halving scheduled for April 20. Despite the event being widely considered bullish for the cryptocurrency, Hayes believes that the well-entrenched narrative could lead to a price correction. Key points: Hayes …...
PRO | Will $BTC Outperform Altcoins This Cycle?
GM! Welcome to our first Milk Road PRO report, coming your way every Saturday, as reliable as pizza on game night. These PRO reports are exclusive to PRO members and will help you spot early trends, navigate the markets by limiting risk & catch those sweet cha-ching moments. 🤑 If you’re reading this from the …...
Dormant Bitcoin Wallet Transfers $35 Million Worth of BTC After 12 Years
A Bitcoin wallet that has been inactive for 11.7 years has suddenly sprung to life. The wallet has transferred its entire balance of 500 BTC, worth just under $35 million at current prices, to multiple new addresses. Key points: According to data provided by Lookonchain, a blockchain analytics platform, the wallet in question originally received …...
Mystery Bitcoin Whale Moves $6 Billion in BTC to Three New Addresses
The fifth richest Bitcoin (BTC) whale has moved a staggering $6 billion worth of BTC to three new addresses over the weekend. Key highlights: Blockchain analytics firm Arkham’s data shows that 94,500 BTC ($6.05 billion) funded the address in 2019 and left it dormant until the recent transfer. Initially, they split the funds into two …...
MicroStrategy Acquires 9,245 Bitcoin For $623M, Holds 214,246 BTC
MicroStrategy has announced another substantial purchase of Bitcoin. According to a tweet by the company’s former CEO, Michael Saylor, MicroStrategy has purchased an additional 9,245 BTC for approximately $623 million. According to the details, the company utilized proceeds from convertible notes and excess cash. The average purchase price for this latest acquisition stands at around …...
MicroStrategy Buys 12,000 Bitcoin For $821 Million As BTC Hits $72,000
Business intelligence firm MicroStrategy has capitalized on its latest convertible debt offering to accumulate roughly 12,000 additional Bitcoin worth over $821 million. The purchase expands the company’s existing BTC portfolio to approximately 205,000 BTC bought for $6.91 billion. Key details: Read more: Coinbase Report Urges Caution On Emerging Crypto AI Sector MicroStrategy announced the purchases …...
Bitcoin Hits $69,000: BTC Reaches New All-Time High
Bitcoin has achieved a new milestone by surpassing its previous all-time high of $69,000. The historic moment occurred today and marked the end of an 827-day journey for BTC to reclaim its former peak. Since hitting a low of around $15,000 in the last quarter of 2022, Bitcoin has appreciated by approximately 360%. In 2024 …...
