Category: Bitcoin News

A Dormant BTC Wallet Just Moved After 13 Years

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A dormant Satoshi-era Bitcoin wallet came back to life after 13 years, transferring its entire 909.38 BTC balance, worth about $84.6 million at current prices, into a fresh BTC address.  Onchain data from blockchain analytics firm Arkham Intelligence shows that the address first received Bitcoin (BTC) in 2013, when one coin was trading at less than $7.  By comparison, if, instead of buying 909.38 BTC, worth about $6,400 in 2013, the same amount had gone into a low‑cost S&P 500 index fund, it would be worth $37,000 today, after a…

Pendle Introduces New Governance Token To Spur Broader Adoption

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Decentralized Finance yield platform Pendle is set to replace its vePENDLE token as its primary governance and reward token, arguing the previous design held back broader adoption.  In an announcement via X on Monday, Pendle unveiled sPENDLE, its new “liquid staking token” that will soon replace vePENDLE as the primary governance token on the protocol.  “We’re excited to introduce sPENDLE, the next evolution of Pendle tokenomics. This upgrade is designed to address critical limitations of the vePENDLE system, while unlocking new opportunities for PENDLE holders and the protocol,” Pendle said. …

Ethereum Address Poisoning Attacks Steal $740K After Fusaka

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A security researcher claims Ethereum’s recent network surge could be linked to address poisoning attacks that are exploiting low gas fees on Ethereum. Recent record network activity on Ethereum could be partially linked to a wave of address poisoning attacks taking advantage of extremely low gas fees, said security researcher Andrey Sergeenkov. Cointelegraph reported on Friday that network activity retention nearly doubled to 8 million addresses in a month, while daily transactions hit an all-time high of almost 2.9 million. The week starting Jan. 12 saw 2.7 million new addresses,…

Crypto Traders Return to Memecoins, Trading Volume Jumps 106%

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Memecoin traders appeared to be locking in profits on Monday after a strong start to the year, according to analysts, with memecoin trading volumes spiking while memecoin marketcap fell. Memecoin trading volume spiked to $5.62 billion on Monday, rising 106% from a day earlier, while memecoin market capitalization fell 6%, according to crypto data platform CoinMarketCap. The volume has since dropped back down to $3.6 billion, down more than 24% for the day.  Vincent Liu, the chief investment officer at Kronos Research, told Cointelegraph a surge in memecoin trading volume…

Bitcoin Spot Market Improves As Sell Pressure Eases

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Spot market conditions for Bitcoin are showing early signs of improvement with increased trading volume and decreasing sell-side pressure, according to analysts from Glassnode. There has been a “modest” lift in spot Bitcoin (BTC) trading volume, “while the net buy–sell imbalance has broken above its upper statistical band,” reported Glassnode on Monday.  This is signaling a “clear reduction in sell-side pressure,” but despite this, spot demand “remains fragile and uneven,” it added.  Bitcoin declined almost 3% from its weekend high of $95,450 to trade at around $92,550 at the time…

Bermuda Partners with Coinbase and Circle for ‘Fully Onchain‘ Economy

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The partnership builds upon previous work Bermuda’s government has done to attract crypto companies, including bypassing a comprehensive regulatory framework in 2018. The government of Bermuda is planning to create a “fully onchain” national economy using digital asset infrastructure provided through partnerships with cryptocurrency exchange Coinbase and stablecoin issuer Circle. In a Monday announcement from the World Economic Forum Annual Meeting in Davos, Switzerland, Bermuda Premier David Burt and representatives from Coinbase and Circle said the partnership would allow the Caribbean island nation to use the USDC (USDC) stablecoin and…

Bitcoin $92K Drop Resets Leverage, Clears Unhealthy Investor Optimism

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Bitcoin (BTC) saw a sharp pullback during the Asian market open, shaking out leveraged positions without breaking its market structure. While sentiment cooled rapidly, onchain and derivatives data suggest that the move resembles a structural reset rather than a deeper trend reversal. Key takeaways: $233 million in Bitcoin long liquidations flushed leverage while spot selling stayed muted, pointing to a reset, not panic distribution. Sentiment collapsed from 80% to 45% as open interest fell to $28 billion, confirming a mild risk-off unwinding. Bitcoin dip flushes leverage as sentiment cools Bitcoin…

Bitcoin, Altcoins Gains Retrace After US, EU Trade War Resumes

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Key points: Bitcoin could remain under pressure as the US-EU trade war could create a risk-off environment in the short term. Most major altcoins have turned down from their overhead resistance levels, signaling that the bears remain in command. Bitcoin’s (BTC) pullback is attempting to find support near $92,000, but the bears have kept up the pressure. Several crypto analysts told Cointelegraph that a US-EU trade war could create a risk-off mood in the markets. The uncertainty has boosted gold and silver to a new all-time high, while BTC languishes.…

Strong ETF Demand, High Transactions Fail to Lift Price

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Spot XRP (XRP) exchange-traded funds (ETFs) have continued to attract investor interest, recording inflows every day of last week as transactions surged to a six-month high. Unfortunately, these positive fundamentals didn’t help the bulls hold the price above the psychological $2 support level. How low can XRP price go? Key takeaways: XRP fell below $2 in a 6-day correction as trade war fears from Trump’s Greenland tariff threats triggered market-wide sell-offs. Strong fundamentals, such as $1.28 billion cumulative ETF inflows and a surge in XRP Ledger transactions to a six-month…

How Bitcoin Mining Waste Heat Is Being Used to Warm Canadian Greenhouses

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Key takeaways Bitcoin mining produces large amounts of heat that are typically treated as waste. In cold regions, this thermal output is now being tested as a useful resource. A pilot project in Manitoba is integrating Bitcoin mining with greenhouse farming, reusing server heat as a supplemental source of agricultural heating. Liquid-cooled mining systems are generally associated with higher and more stable heat capture, making recovered thermal energy suitable for industrial heating applications. Reusing mining heat may lower operating costs for both miners and greenhouse operators by improving energy efficiency…