Author: NFT Evening
The bankrupt crypto exchange Mt. Gox executed another massive transaction on March 11, transferring 11,833 BTC worth over $930 million. This marks the second time in a week that Mt. Gox has moved a similar amount of Bitcoin, raising concerns about the impact of creditor repayments on the crypto market.Latest Mt. Gox Transaction DetailsAccording to Arkham Intelligence data, the latest Bitcoin transfer included:11,501 BTC ($905.1 million) sent to a new wallet.332 BTC ($26.1 million) moved into a hot wallet.Transaction fee of just $2.13.The latest transaction follows a similar transfer on March 6, when Mt. Gox moved 12,000 BTC worth over…
The crypto market is heating up as bullish sentiment surrounding XRP intensifies, with analysts eyeing a potential surge to $30. As investors position themselves for massive gains, speculative interest in high-risk, high-reward opportunities is growing. One standout in this market upswing is XYZVerse, a meme-driven crypto project that has shattered expectations by surpassing $10 million in its presale.With meme coins proving their staying power in past bull cycles, XYZVerse is riding the wave of renewed investor enthusiasm. While XRP’s rally could fuel a broader altcoin breakout, XYZVerse is capturing attention with its fast-moving presale, signaling strong demand for speculative plays.…
Global markets plunged overnight as investors braced for key inflation data and potential shifts in Fed policy. Crypto also saw sharp declines, with Bitcoin and Ethereum leading the downturn amid regulatory and economic uncertainty.Stock and Crypto Markets Drop as Investors Await Inflation DataWall Street continued its decline on Monday as investors prepared for key inflation data and reassessed the Federal Reserve’s policies. Meanwhile, the crypto market remained under pressure despite positive regulatory developments.Rising trade tensions and inflation fears are driving risk-averse sentiment. This has led to a decline in Bitcoin and Ethereum, mirroring stock market trends. The S&P 500 dropped…
Lately, in February, a controversy has arisen surrounding Pi Network’s Binance listing vote, where 86% of 294,955 voters said “Yes,” yet delays persist. With the announcements from Binance that this result was “for reference,” the community expects a new co-governance mechanism can shape the future of crypto listings.Last month, from February 17th to February 27th, Binance held a community vote for Pi Network’s listing on Binance through the Binance Square Official account. This vote allowed verified users with a minimum balance of $5 in assets to participate via Binance Square. The vote asked a simple question: “Should Pi Network (PI)…
Last week, crypto slowed down amid political uncertainty and recent executive orders. Now, Trump is set to sign another major order next week, potentially impacting the market. Will it boost BTC or add more volatility? Share your predictions!Crypto market last week’s movesLast week, Trump, as well as the White House, made many significant moves towards the crypto market among the traditional finance global market volatility driven by geopolitical tensions and tariffs. Let’s take a brief look through 5 key takeaways in the crypto market and political situation from last week!Trump Locks in “Never Sell” Bitcoin PolicyTrump declared, “America will obey…
Cloud mining is now the go-to choice for both individuals and investors looking to generate Bitcoin. In 2025, BsvCloud will distinguish itself with lucrative investment options, secure payment processes, and an intuitive mobile app for a seamless user experience.As digital assets gain popularity, cloud mining emerges as a compelling alternative to conventional mining, enabling users to mine Bitcoin without costly equipment or intricate setups. BsvCloud’s newest initiative aims to remove technical hurdles, offering a smooth and accessible solution for investors seeking passive income from Bitcoin mining.How Do I Start Cloud Mining?The process can be simplified into the following steps:Choose a…
The contrasting influences of China and the United States on the crypto industry create a complex landscape. As the US emphasizes regulation and oversight, China continues to invest heavily in AI, shaping the future of AI-driven crypto projects.Challenges Facing AI Development in the US Crypto SectorSince Donald Trump took office, threats to AI research agencies have increased in the US. His administration laid off several employees at the National Science Foundation (NSF) specifically chosen for their expertise in artificial intelligence.The layoff of 170 NSF employees in February severely impacted AI development in the US. Among those let go was Courtney…
Recent news suggests that Coinbase is gearing up for major strategic moves. Beyond being a top CEX in the U.S., it is also becoming one of the most anticipated projects globally. The launch of Coinbase’s token could be a significant catalyst, driving the explosive growth of the entire Base ecosystem.Coinbase to tokenize COIN stock instead of launching the BASE tokenCoinbase is restarting its plan to tokenize COIN shares, aiming to bring digital securities into the U.S. market. This initiative was first explored in 2020 but was abandoned due to regulatory challenges. Now, with a new crypto task force at the…
A centralized exchange, or CEX, is a digital marketplace where a single, centralized entity manages trades, user accounts, and custodial wallets. This setup simplifies the buying and selling of cryptocurrencies, making CEXs popular among newcomers seeking convenience.In this guide, we’ll explain what a CEX is, trace its origins, and outline the pros and cons of using one. Unlike peer-to-peer or decentralized platforms, CEXs handle transactions on behalf of users, verifying identities and storing funds in their own wallets.What is a CEX?A centralized exchange (CEX) is a platform where individuals can trade digital assets like Bitcoin or Ethereum using services provided…
Bitcoin could be on the verge of setting a new record high by June, with more than a 50% chance, according to analysts. This possibility raises questions about other cryptocurrencies. Will Solana (SOL), Ripple (XRP), Dogecoin (DOGE), and XYZ also see significant gains? Investors are watching closely as momentum builds across these digital coins.$XYZ Aims for a Staggering 99,900% Surge—The New G.O.A.T. of Meme Coins?XYZVerse ($XYZ) is redefining the meme coin arena by merging the adrenaline of sports with the breakneck pace of crypto. More than just another token, it’s a movement—uniting die-hard fans of football, basketball, MMA, and esports…