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XRP Ledger onchain transactions drop 65.6% in Q2 2024. The decline in activity and the rise in transaction costs on the XRP Ledger are a significant shift compared to the previous quarter. The volume of transactions on the XRP Ledger (XRPL) fell significantly from Q1 to Q2 of 2024 amid the average transaction cost surging, according to Ripple’s Q2 2024 XRP Markets Report.
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hihi! i got my Ⓜ️oxiedrop allocation...did you get yours? cc @betashop.eth @airstack.eth
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I got my Moxie Pass! Mint yours to be eligible for upcoming airdrops, grants, Fan Tokens and more! cc @betashop.eth @airstack.eth
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According to Arkham data, the Grayscale address transferred 334,281 BTC to the Coinbase Prime address about 8 minutes ago, worth about $20.39 million. In addition, Grayscale also transferred 1,400 BTC (worth about 85.4 million USD) to 2 new addresses.
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Mt. Gox trustee to start Bitcoin, Bitcoin Cash repayments in July. Mt. Gox, the cryptocurrency exchange that lost 850,000 Bitcoin in investor funds in 2024, will start repaying its defunct users. Mt. Gox’s rehabilitation trustee will start processing repayments in Bitcoin and Bitcoin Cash starting July 2024, according to a written note by the exchange issued on June 24.
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This is the time for us to catch BTC bottom for this uptrend season!
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Bitcoin whale watching is 'useless' for information A recent post by pseudonymous crypto trader Marty Party discussing Bitcoin whale activity garnered over 205,000 views. “Bitcoin OG whales have sold over 50,000 BTC in the past 10 days, totaling approximately $3.30 billion,” Marty Party wrote on June 14. “While you are scared, whales just bought $1.3 billion worth of Bitcoin,” Bitgrow Lab founder Viviek Sen wrote on June 14. However, other analysts continue to rely on whale movements as an indicator of price movements. On May 15, crypto analysis firm CryptoQuant said that Bitcoin whale demand is again in “acceleration mode” following a two-month downtrend. “Bitcoin demand growth seems to be stabilizing after being in a decelerating trend since March,” it said. CryptoQuant cited the data to claim that demand would need to accelerate further to sustain this price rally.
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FIT21 crypto bill passes US House: Here’s what could happen next. The crypto-regulating bill is headed to a cloudy future in the Senate with no companion bill and faces one of the country’s most prominent crypto critics.
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Tornado Cash founder sent to prison, DeFi’s EU struggles: Finance Redefined. The Tornado Cash developer has been detained in the Netherlands since August 2022 after the United States government blacklisted Tornado Cash.
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North Korean hackers deploy ‘Durian’ malware, targeting crypto firms. The state-backed North Korean hacking group Kimsuky reportedly used a new malware variant to target at least two South Korean crypto firms.
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GM ! Have a good day all !
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