06:38 2025-04-24
CryptoQuant Analyst: The number of addresses depositing bitcoin to exchanges has been steadily decreasing since 2022CryptoQuant analyst @AxelAdlerJr posted data on social media saying that the number of addresses depositing bitcoin to exchanges has been steadily declining since 2022: the 30-day moving average has now fallen to 52,000 addresses, while the 365-day average is 71,000 addresses. Meanwhile, over the past 10 years, the most common distribution has been around 92,000 addresses, and the current number of addresses is equivalent to December 2016 levels.
This trend is bullish in itself, as investors hav...
06:20 2025-04-24
OKX will launch INIT perpetual contractOn April 24th, according to the official announcement, Ouyi OKX will officially launch the INITUSDT perpetual contract on the web, app and API at 7:30 pm (UTC + 8) on April 24th, 2025. The opening time of the INITUSDT contract trading is 7:30 pm (UTC + 8) on April 24th. It is reported that Initia is an L1 blockchain that unites the application chain and unlocks its full value through an interwoven network infrastructure and a coordinated economic mechanism.
06:08 2025-04-24
U.S. prosecutors file more than 200 victim statements against former Celsius CEOFederal prosecutors in the United States have filed more than 200 victim statements in Manhattan federal court, charging Celsius Network founder and former CEO Alex Mashinsky. The statements detail the financial loss and life impact of the Celsius crash on users. Mashinsky has pleaded guilty in December 2023, pleading guilty to one count of commodity fraud and one count of securities fraud, which carries a maximum sentence of 30 years in prison. Most of the victims have asked the court for the m...
05:56 2025-04-24
Crypto-related companies are not eligible for the NVIDIA Inception ProgramOn April 24th, according to the official page, the application page of the NVIDIA Inception program shows that it does not support crypto-related companies to apply, and consulting companies, Cloud as a Service Provider, resellers, and listed companies are also excluded. The program requires the applicant company to be established for no more than 10 years, with developers, valid websites and official registration status. The NVIDIA Inception program is designed to help startups accelerate techn...
05:17 2025-04-24
Twenty One Capital Reveals BTC Reserve Details: About 23,950 BTC from Tether and 10,500 BTC from SoftBankIn an investor report filed with the Securities Exchange Commission, Twenty One Capital, a bitcoin company controlled by Tether and Bitfinex, disclosed that it will launch with more than 42,000 BTC reserve holdings, of which about 23,950 BTC will be from Tether, 10,500 BTC from SoftBank, and 7,000 BTC from Bitfinex, which intends to convert bitcoin reserves into equity at $10 per share. Twenty One also said that compared to the business model of Strategy (formerly MicroStrategy), they are lookin...