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In a new op-ed for Time, Jones muses that while we can clap and cheer for the shiny new toys of tech, we should also have a good, hearty debate about the cost to the folks who keep the world spinning. You know, the ones who don’t get to sit in the ivory towers of Silicon Valley.
That’s right, the agency’s Global Investigative Operations Center has been tracking every move on the blockchain using open-source tools and a bit of luck when it comes to scammers making mistakes. And boy, have they found a treasure trove of ill-gotten gains.
Yet, despite the price fluctuations and resistance near the $109,500 level, the broader community sentiment remains decidedly optimistic, like a sunny day in spring.
Reserves on Binance just hit their highest level since May 2023, sparking debate about whether a sell-off or a surprise rally is around the corner. 💸
As we observe from our comfy armchairs (also known as market charts), BONK is currently offering the kind of signals that would make any analyst curl up into a ball of confusion.
The data shows a sequence of precision transfers: eight long-dormant wallets from 2011 each sent out exactly 10,000 BTC; most within hours of one another. That’s $8.69 billion moved in clean, even batches. The latest transfers happened just minutes apart, with the same addresses sending funds twice, suggesting manual input rather than automated scripts. What’s more, the movements were preceded by a small test transaction on Bitcoin Cash [BCH], not Bitcoin – an unusual move for a whale, and one that doesn’t quite fit exchange behavior.
As Solana keeps riding this crazy rollercoaster of momentum, the new kid on the block—a multichain wallet crypto called Best Wallet Token—struts its stuff through presale land, kicking up quite the dust cloud! 🚀💰
No grime under the fingernails, no sweat on the brow—Arthur Hayes, a lad who once helped build BitMEX from spit and baling wire, now runs Maelstrom, which sounds like a fund and a hurricane all at once. On July 2, Hayes sat back—with that look of a man who’s seen more charts than sunsets—and pointed out the latest American magic trick: the Treasury’s plan to fill up the General Account like a bartender topping off beer for a nervy regular.
The catch? Every dollar they stash away is a dollar not out there hustling in the market, which means for a while, even bitcoin might feel a bit parched.
Recently, a most singular event occurred: 80,000 Bitcoins, mined in the ancient days when the cryptocurrency was but a fledgling, stirred from their long slumber. The crypto community was abuzz with excitement and trepidation. What did it portend? Was it a sign of the apocalypse or merely a clever ruse to manipulate the market? 🤔
Those bold architects of digital misfortune? Well, they now savor the aroma of prison porridge, contemplate the beauty of cement walls, and compose letters to bank creditors with a melancholy reminiscent of exiled poets. Debt, like bad poetry, lingers.