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7-Year-Old Sleeping Bitcoin Wallet Activates, Transfers $14M in BTC
29.7.2024
Before bitcoin (BTC) hit an intraday peak of $70,016 per unit on Bitstamp on Monday, a dormant bitcoin wallet from July 27, 2017, moved 210 BTC, valued at over $14 million. 2017 Bitcoin Wallet Activity Resurfaces, 210 BTC Moved Ahead of $70K Peak In recent days, several long-inactive bitcoin...
The Clock Has Ticked for Bitcoin's Price Surge 100 Days After the Halving
29.7.2024
July 29 marks the 100th day since the Bitcoin blockchain cut per block mining rewards to 3.125 BTC from 6.25 BTC
Sleeping Bitcoin Wallet From 2017 Moves 121.63 BTC Worth $8.25M After 7 Years
28.7.2024
On July 28, 2024, bitcoin was trading at $67,872 per coin when a dormant bitcoin address created in 2017 transferred 121.63 BTC, now valued at $8.25 million, after more than seven years. Dormant Bitcoin Address Transfers $8.25M This Sunday, at block height 854,349, btcparser.com’s Bitcoin...
US Senator Hails Bitcoin’s Potential to Democratize Finance and Improve Financial Inclusion
28.7.2024
Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference. He criticized the Biden administration’s approach to digital assets and endorsed efforts to overturn restrictive SEC guidelines. Scott advocated...
RFK Jr. Pledges to Ensure US Government Holds 4 Million Bitcoins as Strategic Reserve if Elected President
27.7.2024
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised significant bitcoin-related changes if elected. On day one of his presidency, he plans to transfer 200,000 bitcoins to the U.S. Treasury and mandate the government to purchase 550 bitcoins daily until a strategic reserve of...
US Department of State Highlights Bitcoin’s Significance for Tourism in El Salvador
26.7.2024
The U.S. Department of State has highlighted the relevance of recognizing bitcoin as a legal tender for the rebirth of tourism in El Salvador. In a recently released investment climate report, the department states that this factor has given significant publicity to El Salvador, contributing to...
Massive Sleeping Bitcoin Wallet From 2013 Moves 750 BTC After 11 Years, Valued at $48M
25.7.2024
With bitcoin prices declining by 3.7% in the past 24 hours, a dormant bitcoin wallet, created on May 20, 2013, or just over 11 years ago, moved 750 BTC, valued at roughly $48 million at current exchange rates. Vintage Bitcoin Wallet From 2013 Transfers 750 BTC Amid Market Dip On Thursday, a wallet...
Is Donald Trump Insulating Bitcoin’s Price From The Tech Stock Slide?
24.7.2024
With bitcoin steady and tech stocks tanking, is this BTC’s decoupling moment? If so, former president Trump may be the reason, says CoinDesk’s senior analyst George Kaloudis
Bitcoin’s Flash Crash Below $66K and Rebound Above $68K Following Biden’s Election Decision
21.7.2024
On Sunday at 4:30 p.m. EDT, bitcoin (BTC) is trading between $67,968 to $68,108 per unit, following a flash dip to $65,833 per coin after U.S. President Joe Biden announced his withdrawal from the 2024 election. The volatility on July 21 led to the liquidation of $37.32 million in bitcoin long...
Veteran Trader Peter Brandt Identifies Bitcoin’s Down Channel Pattern
21.7.2024
Veteran trader Peter Brandt has emphasized that the current bitcoin price pattern “appears as a down channel.” Brandt’s recent analysis also indicates a potentially significant long-term upside for bitcoin, contrasting with gold advocate Peter Schiff’s bearish stance...
Senator Cynthia Lummis: Trump recognizes Bitcoin’s potential as a savings technology – Will Bitcoin hit $80k?
19.7.2024
In a recent report in Bitcoin Magazine, U.S. Senator Cynthia Lummis indicated that former President Donald Trump sees Bitcoin’s promise as a stored-value technology. According to Lummis’s remarks, Bitcoin could shape significant future political landscapes and point to the emergence...
Bitcoin's 'OP_CAT' Possibilities Teased in StarkWare Test Project
17.7.2024
StarkWare used its new STARK verifier on the Signet network, a testing environment for Bitcoin, in a proof-on-concept project designed to demonstrate what the oldest blockchain might be capable of were the pending "OP_CAT" technical proposal to get adopted
Craig Wright’s Web Portal Removes False Claims, Site States He is Not Bitcoin’s Founder
16.7.2024
As news emerged about British High Court Judge James Mellor’s referral to prosecute Craig Wright for perjury, Wright’s website, craigwright.net, now displays a legal notice stating he is not Satoshi Nakamoto, the creator of bitcoin. The main page of the web portal hosts the notice, which...
Arthur Hayes on Bitcoin’s Political Clout: Can Crypto Voters Influence the 2024 Election?
12.7.2024
Arthur Hayes, co-founder of Bitmex, argues that the upcoming U.S. presidential election presents a unique opportunity for crypto advocates to leverage their voting power. With both major political parties vying for a narrow margin of swing voters, Hayes believes the crypto community could play...
Why AI's Energy Use Isn't Demonized Like Bitcoin's
11.7.2024
AI's utility is more obvious to everyday people than crypto's, and AI's risks are so much greater that power consumption fears seem beside the point
German Government Sheds Over 3,100 BTC, Now Holds Less Than 10,000 Bitcoins
11.7.2024
At 9:50 a.m. on Wednesday, the German government held 13,110 BTC. By 8:30 a.m. on Thursday, the stash had decreased to 9,925 BTC, with the wallets now holding below 10,000 bitcoins. Germany’s Bitcoin Wallets Overpay Network Fees as Holdings Drop to 9,925 BTC Overnight and into the morning...
Bitcoin’s sell-off could put ETF shares on the discount rack
9.7.2024
Bitcoin's latest dramatic sell-off could present a rare opportunity for buyers to scoop up Bitcoin ETF shares at bargain prices
Past vs. Present — Examining Bitcoin’s History of Bull Market Corrections
6.7.2024
As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is the longest period in bitcoin’s history without a 25% decline during a bull market. In contrast, both the 2017 and 2021 bull...
Bitcoin’s Market Cap at Risk of Falling Below $1 Trillion for First Time in 4 Months
6.7.2024
According to recent statistics on Saturday, July 6, 2024, bitcoin’s market capitalization is nearing the $1 trillion mark. If bitcoin’s value drops by $110 billion, it will hit a low not seen since late February 2024. Bitcoin Market Cap Teeters on $1 Trillion Mark Bitcoin (BTC)...
9 Dormant Bitcoin Wallets Reactivate, Moving $7.5M Amid BTC Price Drop
5.7.2024
While bitcoin’s price was at $60,382 on July 3, it dropped significantly to $53,550 two days later before rebounding back to $56,642 by 12:50 p.m. EDT on July 5. Notably, nine dormant bitcoin wallets created in 2013, 2016, and 2017 became active on Friday, moving 133.41 BTC valued at $7.5...