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Mt. Gox Conducts Test Transactions With Bitstamp, Indicating Massive Transfers Soon

Mt. Gox has initiated test transfers with Bitstamp cold wallets, sending nominal amounts. It indicates the defunct exchange’s team will send more to the Bitstamp to process repayments to creditors. Arkham Intelligence identified these transactions and posted on X to let the crypto world know. “Mt. Gox addresses deposited $1 to 4 separate Bitstamp deposit addresses. Bitstamp is 1 of 5 exchanges working with the Mt. Gox Trustee to facilitate creditor repayments.” The blockchain intelligence...

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Sui Builders Now to Run on AWS Blockchain Node Runners

Grand Cayman, Cayman Islands, July 23rd, 2024, Chainwire Sui joins an exclusive list of AWS-integrated blockchains Sui Foundation, the organization dedicated to the advancement and adoption of the layer 1 blockchain of the same name, today announced the integration of Amazon Web Service’s (AWS) Blockchain Node Runners on Sui, providing developers with a self-managed node deployment solution.  Through this integration, builders on Sui will be able to easily set up and deploy Sui full nodes...

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Floki’s Valhalla Joins as Associate Sponsors for India’s Tour of Sri Lanka

Miami, Florida, July 23rd, 2024, Chainwire FLOKI, the cryptocurrency ecosystem, announced today that Valhalla, a MMORPG (Massively Multiplayer Online Role-Playing Game) spin on the classic Creature-Collection adventure, will be the Associate Sponsor for India’s Tour of Sri Lanka.  This partnership will give Valhalla significant visibility through mid-wicket pitch mats, ground LED boards, backdrops, and other high-visibility ground assets. Floki is the people’s cryptocurrency and the utility...

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RCO Finance (RCOF) Will Outperform BONK, PEPE, and WIF Amid Ethereum ETF Debut on July 23rd

The crypto market is bracing for major changes following the debut of the Ethereum ETFs on July 23rd. Amidst the anticipated surge in Ethereum tokens, RCO Finance (RCOF) is garnering attention for its potential to outperform meme coins like BONK, PEPE, and WIF. This article explores the expected success of Ethereum ETFs and the advent of RCOF, a token poised to 50x in the coming weeks. RCO Finance (RCOF) Beats The Odds Just as Bitcoin ETFs spurred January’s market rally, analysts...

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Short Bitcoin ETFs Take a Hit With $1.9M in Outflows: Are Bears Losing Their Grip?

Investment in digital asset products continued to rise, with inflows reaching $1.35 billion last week, totaling $3.2 billion over the past three weeks. Trading volumes for Exchange Traded Products (ETPs) also saw a significant increase, up 45% week-over-week to $12.9 billion. However, this accounted for a lower-than-usual 22% of the overall crypto market volumes. Bitcoin Sees Inflows Amid Strong Market Sentiment According to the latest edition of CoinShares’ Digital Asset...

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What Are Ripple’s (XRP) Chances to Chart a New ATH This Year?

TL;DR Ripple’s XRP has surged 40% in two weeks, now trading above $0.60, with analysts predicting further gains up to $8 or more. Key metrics like daily transactions and open interest are up, indicating strong market participation, though some traders remain skeptical about a major rally. Where’s XRP Headed? Ripple’s XRP has been on a tear as of late, with its price surging by 40% in the past two weeks. The last few days were quite turbulent for the asset which briefly...

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Here’s the Percentage of Bitcoin Addresses in Profit Following Surge to $67K: ITB

Bitcoin’s latest uptrend and surge to the $67,000 level have put many investors in the money, with the majority of addresses holding the primary cryptocurrency flashing green. A tweet from IntoTheBlock has revealed that 93% of addresses holding BTC are in profit again. Historical data from the on-chain intelligence platform shows that Bitcoin holders have reached this level of profit repeatedly over the past few months, reinforcing the belief that the market is still in its...

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