Man's Legal Battle Over $676 Million Bitcoin Hard Drive
#CRYPTOCURRENCY #BITCOIN $BNB Man's Legal Battle Over $676 Million Bitcoin Hard Drive The UK Court of Appeals has denied a Wales man's plea to excavate a landfill where he believes his hard drive containing $676 million in Bitcoin was discarded over ten years ago. James Howells, a software engineer, had mined the lost Bitcoin in 2009 and has been fighting a lengthy legal battle to access the landfill where he suspects his tokens are buried. Despite considering buying the waste site, all legal options in the UK have been exhausted, prompting Howells to take his case to the European Courts of Human Rights. The value of the lost tokens has surged significantly since 2013 when Howells lost his hard drive, with Bitcoin now trading at $84,500. While many early Bitcoin investors have seen their holdings skyrocket, Howells' situation highlights the challenges faced by crypto holders in safeguarding their assets. The local council managing the landfill is set to close the site by 2025-26, adding urgency to Howells' quest to retrieve his hard drive.
Return of Memecoin Frenzy: Pepecoin Surges Amidst Whale Accumulations Memecoins, particularly those on Solana, have
faced challenges recently as the hype has diminished. The crash of memecoins, like CUBA and LIBRA, due to concerns of pump-and-dump schemes has highlighted the risks associated with meme-based cryptocurrencies. However, Pepecoin (PEPE) has shown signs of a resurgence in the memecoin craze as it experiences a surge driven by whale acquisitions. The increased buying activity by whales, such as the recent purchases by three wallets totaling 689.79B Pepecoin, has sparked renewed interest in Pepecoin and other memecoins. The positive response in PEPE's price following the whale accumulations indicates a potential rise in demand. Despite the volatility of memecoins, the recent performance of Pepecoin suggests a growing interest that could lead to further price increases in the future.
Ethereum Gas Fees Drop Significantly Post Dencun Upgrade
#ETHEREUM Ethereum Gas Fees Drop Significantly Post Dencun Upgrade Following the Dencun upgrade, Ethereum's average gas fee plummeted by 95% within a year. The upgrade, implemented on March 13, 2024, merged the Cancun and Deneb upgrades, along with introducing nine Ethereum Improvement Proposals (EIPs). Its main aim was to boost Ethereum's scalability and slash transaction costs for layer-2 networks. Data from YCharts reveals a drop in average gas fees from 72 gwei in 2024 to 2.7 gwei by March 12, 2025. Previously, users incurred high fees for swaps and NFT sales, but now costs have drastically reduced. Despite the fee decrease, Ether's price has dipped by 53% post the Dencun upgrade. The recent Pectra upgrade faced challenges during testing, impacting the mainnet launch. While Pectra aims to enhance data space for layer-2s and reduce costs, Ethereum still grapples with underlying issues affecting its position in the blockchain space.
Rumble Invests $17M in Bitcoin Amid Trump's Influence $BTC #cryptocurrency #BTC Rumble Invests $17M in Bitcoin Amid Trump's Influence Video-sharing platform Rumble recently disclosed purchasing over $17 million worth of Bitcoin as part of a strategic investment plan. The acquisition of 188 Bitcoin, totaling $17.1 million, was initiated following CEO Chris Pavlovski's recommendation post Donald Trump's US presidential win. This move was aimed at safeguarding against inflation and strengthening connections within the crypto sector. While not directly referencing Trump's efforts to establish a national Bitcoin reserve, Pavlovski's social media activity indicated support for the former president's initiatives. Rumble, which hosts Trump's Truth Social platform, also collaborated with El Salvador's government. The company hinted at potential additional Bitcoin acquisitions based on market conditions. This investment aligns Rumble with other firms like Genius Group and Semler Scientific that entered the crypto space post the election. Trump's administration has further solidified ties with the crypto industry through various policies and actions, including discussions on a proposed national Bitcoin reserve.
Top 100 Rewards Pool - 1st-100th place will receive an equal share of 10,000usd in $BTC (100usd per) - Rewards will be given out on a first-come, first-serve basis, determined by the order in which users earned their points.
Tier 2 Rewards Pool - The next 4,000 users will share the remaining of 1 #bitcoin . - Rewards will be distributed based on the number of Activity Points earned (up to 20usd in #BTC per user).Reward Distribution Rewards will be distributed by 2025-04-27. Rewards will be distributed in the form of token voucher. Users can claim their token vouchers via Profile > #RewardsHub . All token voucher rewards will expire within 14 days after distribution. Eligible users must claim their vouchers before the expiration date
Pi Network Coin Jumps 13% but still will below Peak- Will the really last?
Pi network coin rose 13% to 1.68$ on Thursday,partially recovering from recent losses.However, the cryptocurrency remain down 40% from its all-time high of $2.98,underscoring ongoing volatility in the border crypto market.#PiUpdate