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đ Announcing @CoinRank_io 's strategic partnership with @FBBank_cc đ„ł
đ FBPay is the next-gen modular trustless payment application, supporting 80+ crypto & fiat currencies and trusted by over 50 leading #wallets and #Web3 projects worldwide.
Follow along for upcoming developments! đ
#Crypto  #Cryptonews
đ FBPay is the next-gen modular trustless payment application, supporting 80+ crypto & fiat currencies and trusted by over 50 leading #wallets and #Web3 projects worldwide.
Follow along for upcoming developments! đ
#Crypto  #Cryptonews
#Ethereum Records 267K New #wallets , the Highest in Nearly 2 Years
Ethereum has seen a surge in new wallet creation despite market downturns, hinting at renewed interest in the network. Santiment data shows a spike of nearly 267,000 new wallets over April 28 and 29, the largest in nearly six months. This growth reflects ongoing enhancements in scalability and security.
CoinMarketCap data reveals that most Ethereum addresses hold small balances, with only a fraction having substantial holdings. Whales, though few in number, control around 40.75% of the circulating supply, each holding an average of $3.66 million worth of ETH.
Investor holding patterns vary, with the majority classified as long-term holders, indicating confidence in Ethereum's future. Medium-term holders make up a smaller portion, while traders holding for shorter durations represent the smallest group.
Despite a recent 3.80% price decline, Ethereum has outperformed the broader #cryptocurrency market, which saw an average decline of 8.80%. ETH's current price is $2,992, with a market capitalization of $355.6 billion.
Source - thecryptobasic.com
Ethereum has seen a surge in new wallet creation despite market downturns, hinting at renewed interest in the network. Santiment data shows a spike of nearly 267,000 new wallets over April 28 and 29, the largest in nearly six months. This growth reflects ongoing enhancements in scalability and security.
CoinMarketCap data reveals that most Ethereum addresses hold small balances, with only a fraction having substantial holdings. Whales, though few in number, control around 40.75% of the circulating supply, each holding an average of $3.66 million worth of ETH.
Investor holding patterns vary, with the majority classified as long-term holders, indicating confidence in Ethereum's future. Medium-term holders make up a smaller portion, while traders holding for shorter durations represent the smallest group.
Despite a recent 3.80% price decline, Ethereum has outperformed the broader #cryptocurrency market, which saw an average decline of 8.80%. ETH's current price is $2,992, with a market capitalization of $355.6 billion.
Source - thecryptobasic.com
đš NEWS ALERT đš
75% of all #bitcoinâïž has been #hodled for over 6 months
Despite Bitcoin dropping 21% from its all-time high, the majority of Bitcoin held in #wallets hasn't been sold or moved for the last six months
â ïž Don't forget to VOTE đ me on my profile for next 11 days â ïž TOPCREATORAWARDS
â Your one vote matters alot
75% of all #bitcoinâïž has been #hodled for over 6 months
Despite Bitcoin dropping 21% from its all-time high, the majority of Bitcoin held in #wallets hasn't been sold or moved for the last six months
â ïž Don't forget to VOTE đ me on my profile for next 11 days â ïž TOPCREATORAWARDS
â Your one vote matters alot
#MemeCoins investments with "non-meme" incomeđČ
The reactive rise in the price of #PEPE over the past few days has led to a growing number of millionaires among early buyers of memcoin. Yesterday's listing on the world's largest cryptocurrency exchange, Binance, boosted their profits even more.
According to analytics #platform Arkham Intelligence, one of the biggest investors to profit was dimethyltryptamine.eth. He spent just $260 to acquire 5.9 trillion PEPE. As of this writing, the user has sold about 56% of the tokens for $4 million, but still owns 2.56 trillion #coins worth about $7 million.
Arkham Intelligence also reported that about 50 #wallets hold more than $1 million worth of PEPE.
The reactive rise in the price of #PEPE over the past few days has led to a growing number of millionaires among early buyers of memcoin. Yesterday's listing on the world's largest cryptocurrency exchange, Binance, boosted their profits even more.
According to analytics #platform Arkham Intelligence, one of the biggest investors to profit was dimethyltryptamine.eth. He spent just $260 to acquire 5.9 trillion PEPE. As of this writing, the user has sold about 56% of the tokens for $4 million, but still owns 2.56 trillion #coins worth about $7 million.
Arkham Intelligence also reported that about 50 #wallets hold more than $1 million worth of PEPE.
Is the #watercoin team selling WATER?
We noticed that the dev transferred 844.44M #WATER to 11 new wallets that didn't participate in the pre-sale.
These 11 #wallets are selling WATER and have obtained more than 18,600 #SOL ($2.35M) by selling WATER!
We noticed that the dev transferred 844.44M #WATER to 11 new wallets that didn't participate in the pre-sale.
These 11 #wallets are selling WATER and have obtained more than 18,600 #SOL ($2.35M) by selling WATER!
Do you need to decide where to store your Crypto? Cold Storage vs Exchanges:
Cold Wallet Storage or Physical Digital Wallets đđ
Security: Highly secure due to offline storage đĄïžđ«đ
Access: Requires physical connection to a device đ»đ
Convenience: Less convenient for everyday transactions đïžđ€·ââïž
Cost: More expensive due to specialized hardware đ°đž
Exchange Storage đ±
Security: Less secure due to online storage â ïžđ
Access: Convenient access from any device with internet đ±đ»
Convenience: Easier for everyday transactions đïžâ
Cost: Less expensive due to software-based storage đâš
Summary
#wallets #Cryptowallets
Cold Wallet Storage or Physical Digital Wallets đđ
Security: Highly secure due to offline storage đĄïžđ«đ
Access: Requires physical connection to a device đ»đ
Convenience: Less convenient for everyday transactions đïžđ€·ââïž
Cost: More expensive due to specialized hardware đ°đž
Exchange Storage đ±
Security: Less secure due to online storage â ïžđ
Access: Convenient access from any device with internet đ±đ»
Convenience: Easier for everyday transactions đïžâ
Cost: Less expensive due to software-based storage đâš
Summary
#wallets #Cryptowallets
đđđ Web Registry GoDaddy, #Ethereum Name Service Connect Domain Names With Crypto #wallets
The Ethereum Name Service (#ENS ), a domain name protocol operating on Ethereum, has struck a deal with GoDaddy, allowing users to link internet domains to their ENS addresses at no cost.
While mainstream companies slowed their adoption of Web3 during the bear market, this agreement between ENS and GoDaddy, the largest internet domain registry, suggests a renewed interest in bridging #blockchainâ and traditional technologies.
Nick Johnson, ENS founder, illustrated the significance of this partnership by explaining how someone like Beyoncé could set up a wallet using her domain Beyonce.xyz on GoDaddy's platform, effectively making it her wallet identifier.
The ultimate goal is to expand beyond Ethereum and integrate more chains. Johnson envisions a future where users can set up text records for their .xyz or .com domains, creating a Web3 profile across various chains.
Despite an ongoing legal dispute with GoDaddy regarding the sale of the ENS domain "eth.link," Johnson emphasizes that disagreements on one issue don't preclude collaboration on others. The case remains unresolved in court.
Johnson advocates for embracing existing systems rather than reinventing everything from scratch. He believes that naming and Web3 are more effective when built upon existing infrastructure rather than trying to discard legacy systems.
Source - coindesk.comÂ
#CryptoNews
The Ethereum Name Service (#ENS ), a domain name protocol operating on Ethereum, has struck a deal with GoDaddy, allowing users to link internet domains to their ENS addresses at no cost.
While mainstream companies slowed their adoption of Web3 during the bear market, this agreement between ENS and GoDaddy, the largest internet domain registry, suggests a renewed interest in bridging #blockchainâ and traditional technologies.
Nick Johnson, ENS founder, illustrated the significance of this partnership by explaining how someone like Beyoncé could set up a wallet using her domain Beyonce.xyz on GoDaddy's platform, effectively making it her wallet identifier.
The ultimate goal is to expand beyond Ethereum and integrate more chains. Johnson envisions a future where users can set up text records for their .xyz or .com domains, creating a Web3 profile across various chains.
Despite an ongoing legal dispute with GoDaddy regarding the sale of the ENS domain "eth.link," Johnson emphasizes that disagreements on one issue don't preclude collaboration on others. The case remains unresolved in court.
Johnson advocates for embracing existing systems rather than reinventing everything from scratch. He believes that naming and Web3 are more effective when built upon existing infrastructure rather than trying to discard legacy systems.
Source - coindesk.comÂ
#CryptoNews
đđđ S Korean City of Incheon Seizes $375,000 Worth of Crypto from âTax Dodgersâ
Incheon, South Korea, has reported the confiscation of $375,000 in cryptoassets from residents accused of tax evasion. The city collected these funds from 298 individuals who attempted to conceal earnings in token #wallets , including #virtual currencies like Bitcoin. Tax-evading citizens are expected to choose between settling tax bills and fines or having their coins liquidated and sold. This action is part of an ongoing region-by-region crackdown on crypto-holding tax evaders involving central and local tax agencies.
In recent years, the National Tax Service (NTS) and customs service have equipped themselves with new crypto monitoring tools. In addition to virtual currencies, Incheon's tax service seized various assets, leading to a total of over $43.6 million raised from tax evaders in fiscal year 2023. Since 2021, Incheon has launched dedicated tax evasion investigation teams and implemented seven new high-tech tools, including crypto-related solutions, to create a more effective collection network. In September 2022, South Korean tax officials reported seizing $186 million worth of cryptoassets, and by December 2022, #coins had been seized from almost 6,000 citizens as part of the continued crackdown on tax evasion.
Source - Tim Alper @tim-alper
Website - Cryptonews
#CryptoNewsđđ°đ« #BinanceSquare
Incheon, South Korea, has reported the confiscation of $375,000 in cryptoassets from residents accused of tax evasion. The city collected these funds from 298 individuals who attempted to conceal earnings in token #wallets , including #virtual currencies like Bitcoin. Tax-evading citizens are expected to choose between settling tax bills and fines or having their coins liquidated and sold. This action is part of an ongoing region-by-region crackdown on crypto-holding tax evaders involving central and local tax agencies.
In recent years, the National Tax Service (NTS) and customs service have equipped themselves with new crypto monitoring tools. In addition to virtual currencies, Incheon's tax service seized various assets, leading to a total of over $43.6 million raised from tax evaders in fiscal year 2023. Since 2021, Incheon has launched dedicated tax evasion investigation teams and implemented seven new high-tech tools, including crypto-related solutions, to create a more effective collection network. In September 2022, South Korean tax officials reported seizing $186 million worth of cryptoassets, and by December 2022, #coins had been seized from almost 6,000 citizens as part of the continued crackdown on tax evasion.
Source - Tim Alper @tim-alper
Website - Cryptonews
#CryptoNewsđđ°đ« #BinanceSquare
The number of active addresses in $BTC is at its lowest since 2018 - @IntoTheBlock đ€
The total number of active wallets has reached multi-year lows. The week of May 27 saw 614,770 active wallets, the lowest since December 2018.
Also Bitcoin activity has fallen to its lowest level since 2010.
The lack of retail participation is believed to be reducing bitcoin wallet activity as the famous memcoins attract speculators, distracting them from more established cryptocurrencies.
#IntoTheBlock #Bitcoinâ #wallets #activity #memcoins
The total number of active wallets has reached multi-year lows. The week of May 27 saw 614,770 active wallets, the lowest since December 2018.
Also Bitcoin activity has fallen to its lowest level since 2010.
The lack of retail participation is believed to be reducing bitcoin wallet activity as the famous memcoins attract speculators, distracting them from more established cryptocurrencies.
#IntoTheBlock #Bitcoinâ #wallets #activity #memcoins
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New bill âtakes actionâ against #wallets , miners and #bitcoin ATMs
US Senator Elizabeth Warren introduced a bill that seeks to limit the alleged use of bitcoin in illicit activities.
Under the title âTransparency and Accountability Act #Criptomonedas â (TRCA), it is intended to establish a stricter regulatory framework to supervise and control transactions of bitcoin (#BTC ) and other cryptocurrencies in the United States. This is through a new bill that was introduced today in the Senate by US legislator Elizabeth Warren.
The bill is seen by the cryptocurrency industry as dangerous as it extends the bank secrecy law in the crypto asset sector. It does this by requiring service businesses, such as custodial and non-custodial exchange wallets and bitcoin ATMs, to meet the same oversight requirements as traditional financial institutions.
Its objective is to prevent cryptocurrencies from being used to commit crimes. To do this, we start from the principle that all users of bitcoin and other cryptocurrencies must be monitored.
This includes the implementation of anti-money laundering measures, such as customer identity verification or KYC (know your customer) procedures and the reporting of suspicious transactions, which are nothing more than transactions exceeding USD 1,000.
#CryptoCriss77 $BTC $ETH $BNB
US Senator Elizabeth Warren introduced a bill that seeks to limit the alleged use of bitcoin in illicit activities.
Under the title âTransparency and Accountability Act #Criptomonedas â (TRCA), it is intended to establish a stricter regulatory framework to supervise and control transactions of bitcoin (#BTC ) and other cryptocurrencies in the United States. This is through a new bill that was introduced today in the Senate by US legislator Elizabeth Warren.
The bill is seen by the cryptocurrency industry as dangerous as it extends the bank secrecy law in the crypto asset sector. It does this by requiring service businesses, such as custodial and non-custodial exchange wallets and bitcoin ATMs, to meet the same oversight requirements as traditional financial institutions.
Its objective is to prevent cryptocurrencies from being used to commit crimes. To do this, we start from the principle that all users of bitcoin and other cryptocurrencies must be monitored.
This includes the implementation of anti-money laundering measures, such as customer identity verification or KYC (know your customer) procedures and the reporting of suspicious transactions, which are nothing more than transactions exceeding USD 1,000.
#CryptoCriss77 $BTC $ETH $BNB
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đđđ
Movement Testnet is now live on Binance Web3 Wallet!
Movement Network, the first MoveVM ZK Layer 2 on Ethereum, is now live in its Testnet version, using Celestia for data availability.
#Binance #wallet #wallets #Web3 #MarketSentimentToday @Binance Academy @Binance News @Binance LATAM Official @Binance Announcement @Binance Search @Binance Research
Movement Testnet is now live on Binance Web3 Wallet!
Movement Network, the first MoveVM ZK Layer 2 on Ethereum, is now live in its Testnet version, using Celestia for data availability.
#Binance #wallet #wallets #Web3 #MarketSentimentToday @Binance Academy @Binance News @Binance LATAM Official @Binance Announcement @Binance Search @Binance Research
24 #wallets (insider or dev) spent 1.5 #ETH ($4,864) to buy 378.45M #fight (37.8% of the total supply) before FIGHT opened trading.
These 24 wallets have sold 261.6M FIGHT , leaving 116.8M FIGHT ($7.36M) currently, 11.68% of the total supply. #ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip
These 24 wallets have sold 261.6M FIGHT , leaving 116.8M FIGHT ($7.36M) currently, 11.68% of the total supply. #ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip
#jupiterexchange identifies the " #BullChecker " Chrome extension as malicious, capable of hijacking token transfers to different #wallets after completion. #PowellAtJacksonHole
4/ Another wallet D166sF...R4Z34A also created many new #wallets to buy a large amount of #ZACK .
D166sF...R4Z34A and C7ssiU...MSAMnz were both funded by DQ5JWb...1bRmsR.
And their #transaction time is at the same hour.
#BTC #BNB
D166sF...R4Z34A and C7ssiU...MSAMnz were both funded by DQ5JWb...1bRmsR.
And their #transaction time is at the same hour.
#BTC #BNB
CryptoQuant: the number of $BTC on OTC wallets is the maximum since June 2022.
Historically, an increase in the number of BTC on OTC wallets has been accompanied by a decline in the value of Bitcoin.
OTC Bitcoin trading balances for miners have increased by more than 70% over the past three months, rising from 215,000 $BTC in June to 368,000 $BTC in August - an increase of 153,000 BTC.
These balances haven't reached these levels since June 2022.
Miners often resort to over-the-counter (OTC) transactions to sell Bitcoin, seeking better execution without affecting the market price as they would on exchanges.
#BTCâ
#Miners
#wallets
#bitcoinâïž
Historically, an increase in the number of BTC on OTC wallets has been accompanied by a decline in the value of Bitcoin.
OTC Bitcoin trading balances for miners have increased by more than 70% over the past three months, rising from 215,000 $BTC in June to 368,000 $BTC in August - an increase of 153,000 BTC.
These balances haven't reached these levels since June 2022.
Miners often resort to over-the-counter (OTC) transactions to sell Bitcoin, seeking better execution without affecting the market price as they would on exchanges.
#BTCâ
#Miners
#wallets
#bitcoinâïž