An ancient BTC address of the Satoshi era has returned and sold all his BTC. The whale sold all 514 BTC, which he had held since 2017, amassing a $10.6 million profit. Dormant addresses are resurfacin...
Tag: Bitcoin
IMF Lays Into El Salvador for Bitcoin Bond Decisions
The IMF criticized El Salvador for its decision to make Bitcoin legal tender in a statement published about the country’s economy. The International Monetary Fund (IMF) has issued a critical statement...
Bitcoin whales, retail investors show contrasting behavior- Here’s why
The divergence between Bitcoin’s retail and whale behavior grew. Activity for the king coin increased, and traders remained positive. According to new data, the divergence between Bitcoin whales and r...
Bitcoin (BTC) Will Not Be Security Even if Satoshi Had Sold It
CryptoLaw founder and XRP holders’ attorney, John Deaton, believes that even if the pseudonymous Bitcoin creator Satoshi Nakamoto had sold BTC earlier on, it would not mean BTC is a security. Ev...
Will Bitcoin Price Fall Below $20K Ahead Of US CPI Data
The Bitcoin price correction has swept the crypto market, with the total market cap falling down to almost $1 trillion. After Bitcoin price dropped over 7% in just a few days due to U.S. Fed officials...
US Crypto Lawsuits Reach All-Time High With 42% Increase in 2022; SEC Cases Dominate Legal Battles – Bitcoin News
A new study on digital currency-related lawsuits since 2018 shows a 42% increase in crypto lawsuits in 2022. The highest number of claims in a single year was recorded last year, with 41 total claims ...
Bitcoin Price Holds Just Under $22,000 – Consolidation Before The Drive Higher?
Join Our Telegram channel to stay up to date on breaking news coverage BTC is currently valued at around $21,900 and has a $15.3 billion 24-hour trading volume. With a #1 ranking, a $420.7 billion mar...
Public miners increased Bitcoin production, hash rate in January
The first production update of 2023 from publicly listed Bitcoin (BTC) mining companies shows a steady increase in hash rate and a surge in BTC production compared to the previous month, according to ...
On-Chain MVRV Indicator Lights Up Bitcoin Bull Market Path
The crypto market is always in a state of flux, with prices soaring and plummeting regularly. However, a recent development may signal the start of a long-term bull market for Bitcoin and altcoins. An...
Bitcoin treads water under US$22,000 following SEC action on Kraken, Ether falls
Bitcoin was little changed in Monday morning trading in Asia in a mixed morning for the top 10 non-stablecoin cryptocurrencies by market capitalization. Bitcoin traded under US$22,000 after the U.S.-b...
Bridgewater CIO Warns of Deeper, Longer, and ‘Much More Painful’ Recession Than What We’re Accustomed To – Economics Bitcoin News
Bridgewater Associates’ co-chief investment officer has warned about a recession that is “much more difficult” and “much more painful” than what we’ve been accustomed to. “The dam has been broken wher...
Bitcoin price eyes $22K rebound with BTC market structure ‘not yet broken’
Bitcoin (BTC) edged closer to $22,000 over the weekend as traders and analysts urged caution on overly bearish sentiment. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst dismisses ...
Cathie Wood Shared predicted Bitcoin Price: Is She Right
The love month has been a roller coaster ride for crypto investors and traders due to the market volatility, but crypto analysts are confident that Q3 and Q4 of 2023 will turn out best for BTC. The le...
We’re in Next Bull Market Cycle – Markets and Prices Bitcoin News
Crypto-focused investment firm Pantera Capital says bitcoin has seen its lows and “we’re in the next bull market cycle.” Dan Morehead, the firm’s founder and managing partner, noted: “Over the long-te...
El Salvador’s ‘limited’ use of Bitcoin prevents forecasted risks, says IMF
The global monetary watchdog has advised El Salvador to exercise caution in expanding government exposure to Bitcoin (BTC) due to the “speculative nature” of crypto markets. A Feb. 10 statement from t...
Top 5 Best Bitcoin Betting Sites for Super Bowl LVII
This year’s Super Bowl was estimated to have over 200 million viewers, making it a golden opportunity for sports betting. To ensure your 2023 experience is both profitable and secure, this article pre...
Bitcoin miners as energy buyers, explained
To power their mining operations, Bitcoin miners either purchase electricity from conventional and renewable energy sources or develop and run their own renewable energy facilities, turning them into ...
Crypto Strategist Issues Bitcoin Alert, Says BTC Could Be Forming Bearish Reversal Structure
A closely followed crypto strategist is issuing a warning to Bitcoin holders, saying that BTC may be in the process of creating a bearish reversal pattern. Pseudonymous analyst Rekt tells his 45,500 Y...
Bitcoin Miners as Energy Buyers
Bitcoin miners can be thought of as energy buyers because they require a significant amount of energy to power their computer systems. These systems perform the complex mathematical computations requ...
Ever Noticed That the Bitcoin Logo Is Wonky?
Join Our Telegram channel to stay up to date on breaking news coverage While Satoshi Nakamoto is credited with being the anonymous creator of Bitcoin, the altruistic efforts of the community’s other s...
Binance Announces Upgrade to Proof-of-Reserves Verification
The cryptocurrency exchange Binance made an important announcement regarding an upgrade to its proof-of-reserves verification system on February 10. The company stated that it would now incorporate zk...
SEC Chair Gary Gensler Called Out by House Representatives Over FTX
The chairman of the Securities and Exchange Commission, Gary Gensler, has been criticized by two members of the United States House Financial Services Committee “regarding the timing of the char...
Secret Network to Restructure as Nonprofit with ‘Transparent Operation’
The decentralized autonomous organization known as Secret Network, which regulates the blockchain with an emphasis on privacy, has apparently made the decision to reorganize its foundation so that it ...
Block Sizes Exceeding 3 MB Now Common on Bitcoin Blockchain as Ordinal Inscription Demand Rises – Bitcoin News
Since Luxor, a bitcoin mining pool, mined a record-setting 3.96 MB block (#774,628) on the Bitcoin blockchain, block sizes have been larger than they were prior to that block height in the past 12 day...
Deposit Coins May Be the Best Blockchain Option for Commercial Banking
JPMorgan Chase and Oliver Wyman, which is a corporation that specializes in consulting, worked together to do research on the potential applications of blockchain technology in commercial banking. The...
Bitcoin: Price growth can’t be expected unless this condition is met
BTC is significantly correlated to the traditional financial markets. For its price to grow, there has to be a decoupling. While Bitcoin’s [BTC] price might have rallied by 32% on a year-to-date (YTD...
Bitcoin is already in its ‘next bull market cycle’ — Pantera Capital
Bitcoin (BTC) is beginning its “seventh bull cycle,” and investors should not be scared of crypto post-FTX, Pantera Capital believes. In its latest “Blockchain Letter” on Feb. 8, the asset management ...