Spanish Institute To Sell Forgotten $10K Bitcoin Stash For $10M
join us cable A channel to stay up to date with the latest breaking news A Spanish research institute is set to profit from a forgotten $10,000 Bitcoin purchase from 2012 that rose 1,000-fold to $10 million. The Institute for Technology and Renewable Energies (ITER), run by the Tenerife island council, acquired 97 bitcoins more than a decade ago as part of a blockchain research project, Insider reported. A a report By the Spanish newspaper. Juan José Martinez, an innovation consultant in Tenerife, said the council is now finalizing plans for the sale with an accredited Spanish financial institution. Proceeds…
Crypto Needs To Rethink Incentive Structures
Opinion by: Jake Antive, CEO, Thrust Every symbolic launch is a story about faith. Crypto novels often Romanticize early buyers As dreamers who saw potential when others didn’t. The reality is much less noble. The correlation curve, currently the dominant mechanism for price discovery in cryptocurrencies, sets the stage: the price rises with every purchase, rewarding those who arrive early with the best entry point. On the surface, this seems fair. However, the first buyers are not the first believers. The speed of purchase reveals nothing about conviction or commitment to the project. What the correlation curve is equivalent to…
Positive BTC ETF flows and to reclaim $112,500
Bitcoin (Bitcoin) is trading at $101,328 as of press time, erasing the 2.3% rebound that briefly pushed the price to $103,885 a day earlier. This breakdown confirms on-chain data about fading demand momentum, long-term holders selling into weakness, and the market testing structural support last seen during mid-cycle corrections. Two consecutive drops below $100,000 on November 4 and 5 add to what the on-chain data suggests. According to A Reports November 5 by Vitreous nodeThe path back to the uptrend requires two clear reversals. First, U.S.-traded Bitcoin ETF inflows should turn net positive after two weeks of daily outflows of…
How is Ripio bringing real-world assets onto blockchain with its new Argentine peso stablecoin?
Ripio, a Latin American cryptocurrency exchange, has launched “wARS,” a stablecoin pegged to the Argentine peso, as part of a broader initiative to tokenize real-world assets on blockchain networks. This launch represents an important development for emerging market adoption of blockchain technology, particularly in regions like Argentina where currency instability and inflation have made traditional digital finance alternatives attractive. The Argentine peso stablecoin allows users to conduct transactions and store value on the blockchain while maintaining price stability relative to the local currency. The introduction of wARS follows Ripio’s previous issuance of a sovereign bond token, signaling a strategic focus…
Over 10,000 Bitcoin bought by whales in last 24 hours
Key takeaways Whales bought more than 10,000 Bitcoin (about $1 billion) in the last day. The accumulation indicates rising confidence among cryptocurrency holders and institutions in Bitcoin amid market uncertainty. Share this article Bitcoin whales Accumulated more than 10,000 BTC over the past 24 hours, signaling major shareholder confidence amid broader market uncertainty. The accumulation comes at a time when retail investors are showing fear and engaging in panic selling. Whales, large crypto holders with significant market influence, often increase their positions during price declines to take advantage of potential recovery trends. Major whale groups, including Accumulation Whales, are consolidating…
Zcash (ZEC) Skyrockets to a 7-Year High: Can It Reach $1,000?
ZEC is now the second largest cryptocurrency with a market capitalization of just under $9 billion. The popular privacy coin has been causing quite a stir lately, with its price rising by 260% over the past month. Some industry participants have made significant profits (at least on paper) by investing in the token, while others believe it has more room for growth. Upcoming goals Zcash (ZEC) has been unstoppable in the past few months and is currently trading at around $546, the highest it has reached since the beginning of 2018. Its market capitalization has risen to over $8.8 billion,…
$150 Million In Ethereum: Justin Sun Joins The Liquid Staking Rush
Reports revealed that crypto entrepreneur and founder of Tron, Justin Sun, transferred a large amount of… Ethereum In liquid storage service this week. According to on-chain data, about 45,000 Ethereum — worth about $154.5 million at the time — were transferred from the Aave lending protocol to the Lido Finance pool. the transformation They were public and traceable on the blockchain. It quickly attracted attention due to its size and timing. Sun’s public portfolios are growing The funds were in Aave before the move. It was then deposited into Lido, which issues ETH staking tokens that allow holders to retain…
Ethereum $7B Short Squeeze to Accelerate Rebound: PEPENODE Rides the Hype
Authoritative editorial Content, reviewed by leading industry experts and seasoned editors. Advertisement disclosure Fast facts: ➡️ Ethereum has lost 13% in recent weeks, falling to the $3,055 level, creating the perfect conditions for an expected $7 billion short squeeze. ➡️ A short squeeze on Ethereum could lead to a significant price rebound, boosting overall market sentiment and pushing the price of ETH higher. ➡️ PEPENODE offers a virtual game-based mining system, allowing users to mine coins without physical hardware. ➡️ PEPENODE aims to become a leader in the meme coin space by blending gaming and mining with tiered rewards and…
Fed Governor Lisa Cook Takes a Break From Her Battle With Trump, Delivers Speech on Monetary Policy
The governor spoke about the complexities of US monetary policy at the Brookings Institution last Monday in Washington, DC. Fed Governor Lisa Cook highlights the delicate balance of inflation and employment Fed Governor Lisa Cook appears to have hit the pause button on her high-profile feud with US President Donald Trump. Governor made recently […]
Issuers update XRP ETF filings to bypass shutdown delays: Launch likely in November
Key takeaways Why are all issuers updating their XRP ETFs? To allow them to launch despite the ongoing government shutdown. How is the market positioned for the launch? Traders were extremely cautious amid the extended and broader market decline. Amid the market chaos, there is good news, at least for the market ripple [XRP] community. According to Bloomberg ETF analyst James Seyphart, Franklin Templeton, along with Canary Capital and Bitwise, has introduced updated spot XRP ETFs that will allow the products to begin trading despite the ongoing government shutdown. Source: X Seyfart He added The changes will enable the products…