Global #cryptocurrency

A Bitcoin miner wallet, dormant since the early days of the cryptocurrency, has sprung back to life after 14 years. On-chain data reveals that the wallet transferred 50 BTC, valued at approximately $3 million, to the Binance cryptocurrency exchange.

Hong Kong is making significant strides in establishing itself as a major player in the cryptocurrency and blockchain space. Recent developments indicate a strong focus on decentralized finance (DeFi) and the metaverse, signaling a potential shift in the global crypto landscape.

A prominent crypto analyst has recently suggested that Cardano's native token, ADA, could experience a meteoric price rise, potentially reaching a value of $40. This bold prediction is based on technical analysis patterns and the current trading trends of the cryptocurrency.

While the recent Bitcoin crash sent shockwaves through the market and triggered a wave of panic selling, on-chain data reveals a different story among the largest holders, often referred to as "whales."

German law enforcement appears to be continuing the sale of confiscated Bitcoin, according to recent on-chain analysis. This follows a prior sale of around $170 million worth of the cryptocurrency last week.

A recent survey by Japanese financial giant Nomura Holdings and its digital currency arm, Laser Digital, has revealed a surprising trend – a growing interest in cryptocurrency among institutional investors in Japan.