soolanan
@soolanan
4746 Following
2529 Followers
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They searched for Bitcoin in the trash for 10 years, but found nothing!
In 2013, a British IT engineer named James Howells accidentally threw a hard drive containing 8,000 Bitcoins into the trash. At the time, he had mined Bitcoin in 2009, which was almost free; all he had to do was pay for the electricity.
From that day on, James' life became "digging through trash for Bitcoin!"
He hired lawyers, found investors, and even promised to share in the money to anyone who helped find the hard drive. He gave a lot of ideas, even saying they would use artificial intelligence to collect garbage without harming the environment.
But Newport city officials never allowed him to dig through the trash, citing environmental concerns. James eventually filed a lawsuit, but the court ruled in favor of the city and dismissed the case. Thus, James' 10-year search for his Bitcoins was over.
Important lesson: Always back up your private keys. Don't make this $740 million mistake again! 0 reply
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Dogecoin drops 10% as Bitcoin falls to $96,000
In the past 24 hours, Dogecoin (DOGE) has been the biggest loser among major cryptocurrencies, down 10%. Meanwhile, Bitcoin (BTC) has fallen 5.5% to $96,000. The Bitcoin price drop was driven by the release of new US economic data, which pushed up Treasury yields.
Currencies such as Solana (SOL), Cardano (ADA), Binance Coin (BNB), and Ethereum (ETH) recorded declines of more than 7%.
Analysts believe that this price drop is part of the natural market cycle and may pave the way for larger gains in the future. However, some continue to warn of the volatile state of the market in January and point to structural risks. 0 reply
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Justin Sun transfers $96.7 million in Ethereum to HTX exchange
Tron founder Justin Sun continues to transfer Ethereum to the HTX exchange, transferring 29,153 Ethereum units worth $96.7 million to the exchange in the past 11 hours.
According to blockchain data, he has deposited 227,000 Ethereum units, worth approximately $807 million, into HTX since November 10.
In addition, Sun has removed 96,580 Ethereum units worth $322.7 million from the Lido Finance and Etherfi platforms, raising concerns about the possibility of a mass sell-off.
While Sun described these movements as “normal wallet management practices,” the price of Ethereum fell under selling pressure, falling 1.38% to $3,340. 0 reply
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Bitcoin Fear and Greed Index Hits 4-Month Low
The Bitcoin Fear and Greed Index, which measures cryptocurrency market sentiment, has hit its lowest level since October 15. The index hit 65 on December 30, which is still within the greed range.
According to CoinGecko, the price of Bitcoin is currently hovering around $93,000, down 13.7% in the past twelve days. Analysts have warned that further price declines are possible, and investors have turned to stablecoins.
The index hovered above 70 in November and December, reaching a high of 94 on November 22. However, the recent decline has led some analysts to predict increased price volatility.
According to analysts, as the inauguration of the US president-elect approaches, there is a possibility of significant price movements in the market. 0 reply
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