Tesla has made headlines once again with significant movements in its Bitcoin holdings. The electric vehicle manufacturer, which famously invested $1.5 billion in Bitcoin back in February 2021, recently executed a series of transactions that saw approximately $770 million in Bitcoin relocated to around seven new addresses.
Read MoreRecent data from IntoTheBlock reveals a promising trend for Bitcoin as the cryptocurrency network experiences a notable increase in daily new addresses. This uptick marks a significant reversal from earlier in the year when adoption levels had dipped to multi-year lows.
Read MoreOn July 29 at 16:18 UTC, Arkham Intelligence, a leading on-chain data provider, reported a significant movement in the cryptocurrency world: approximately 28,000 Bitcoin (BTC), originally seized in connection with the Silk Road case by the US Department of Justice, were transferred to new addresses.
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