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$12M in ‘Satoshi Era’ Bitcoins Move: 21 Block Rewards from 2010 Spent After a Decade of Slumber

11.10.2020
On early Sunday morning around 1:38:02 a.m. (New York time), approximately 20 blocks with coinbase rewards from 2010 were spent in one block. 1,000 BTC was then consolidated into a single address before moving again. The massive movement of the decade-old ‘sleeping’ bitcoins was caught...

Hacker from the 2016 Bitfinex Breach Transfers $21M Worth of Bitcoin to Unknown Wallets

8.10.2020
On Wednesday morning (ET), around 2,034 BTC ($21.6 million) from the 2016 Bitfinex hack moved into a few unknown wallets. The action was caught by the Btcparser program as five transactions with around 400 BTC each moved for the first time in four years. On August 2, 2016, the popular digital...

Square’s Major Bitcoin Buy: Puts 1% of Total Assets Worth $50 Million in BTC

8.10.2020
Square Inc. has put 1% of its total assets in bitcoin worth about $50 million. The company believes that “cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system.” Square’s Major Bitcoin Buy Square Inc....

Bitcoin’s Options Market Retains Long-Term Bull Bias Despite Sluggish Price

6.10.2020
Options market data suggests the longer term path of least resistance for bitcoin is to the higher side

Visual Interpretation of Bitcoin’s Supply Shows the Digital Asset’s Unique Scarcity

6.10.2020
The Bitcoin network has recently crossed over the 18.5 million mark, as far as the number of bitcoins currently minted into circulation. However, even though over 18 million coins have been minted to-date there’s a number of different elements that affect the distribution of all the coins...

Record $166M Ethereum Fees Last Month Were Six Times Bigger than Bitcoin’s

1.10.2020
Ethereum continues to outpace Bitcoin in transaction fees, with DeFi mania helping push total fees to $166 million last month

Bitcoin’s Records & Chainlink’s Aftermath: A Data Perspective by IntoTheBlock

30.9.2020
Powered by Every week, IntoTheBlock brings you on-chain analysis of top news stories in the crypto space. Leveraging blockchain’s publicContinue Reading The post Bitcoin’s Records & Chainlink’s Aftermath: A Data Perspective by IntoTheBlock appeared first on CoinMarketCap Blog

Cumulative Ethereum Transaction Fees in 2020 Supersede Bitcoin’s by a Long Shot

30.9.2020
This week the research and analysis team Coin Metrics published a report on how decentralized finance (defi) is “fueling Ethereum’s growth.” Meanwhile, the researchers also highlighted that Ethereum’s cumulative transaction fees in 2020 are now over $350 million and more...

Bitcoin’s Big Believers: 6-Digits ‘Inevitable,’ BTC Has a Better Chance of Going to $100K Than Zero

29.9.2020
For a number of years now bitcoiners have predicted that the price of bitcoin will surpass its all-time high from 2017 and many believe it will rise to the $100k or six-digit price range. This week bitcoin enthusiasts discussed the possibility of the crypto asset reaching $100k at great length....

Why Bitcoin’s Longest Run Above $10,000 Matters

28.9.2020
Bitcoin has been above $10,000 for even longer than the record 2017-18 run, giving confidence to long term HODLers in the process

First Mover: Bitcoins Hit Exchanges as Bloomberg Touts Crypto and DeFi Hedge Fund Seeks $50M

23.9.2020
Bloomberg hails crypto as top 2020 asset, bitcoin hits exchanges, options traders see calm around U.S. elections, hedge fund seeks $50M for DeFi

Tokenized BTC Crosses $1B Notional: Ethereum Cements Role as Bitcoin’s Main Sidechain

23.9.2020
Years ago when the Bitcoin network started suffering from higher fees and congestion, a number of bitcoiners advocated the use of sidechains in order to relieve the main chain’s duties. However, they didn’t realize that the Ethereum network would solidify its role as Bitcoin’s...

Bitcoin Skeptic Turns Bitcoin Bull: Billion Dollar Company Buys 17K BTC in 74 Hours

20.9.2020
Nasdaq-listed company Microstrategy recently bought almost 17K bitcoins within 74 hours, costing about $175 million. The CEO of this billion-dollar company used to be a bitcoin skeptic but has recently become a bitcoin bull when his company purchased $425 million worth of bitcoin. Billion Dollar...

Analyst: 1,500 Bitcoins Lost Every Day, Less Than 14 Million Coins Will Ever Circulate

19.9.2020
A cryptocurrency analyst, Timothy Peterson claims that 1,500 bitcoins are lost each day meaning only 14 million BTC will ever circulate. The figure is at odds with the estimate of many organizations including Markets.bitcoin.com which place the figure at 18.5 million coins. Still, Peterson, who...

Nasdaq-Listed Microstrategy Raises Bitcoin Holdings to $425 Million After Second Purchase

15.9.2020
Billion-dollar public company Microstrategy Inc. has bought 16,796 more bitcoins. The company has purchased a total of 38,250 bitcoins at an aggregate purchase price of $425 million. Microstrategy’s Bitcoin Investments Microstrategy Inc. (NASDAQ: MSTR) has bought more bitcoin, CEO Michael...

Bitcoin’s obituary and a Starbucks blockchain: Bad crypto news of the week

12.9.2020
Check out this week’s Bad Crypto podcast

The $700 Million Wallet Crack: Bitcoin’s 7th Largest Address Is Under Constant Attack

11.9.2020
During the last two years, hackers have been trying to crack the seventh-largest bitcoin wallet, an address that holds 69,370 BTC or $712 million using today’s exchange rate. According to the CTO of the cybercrime intelligence firm, Hudson Rock, the wallet is being publicized on hacking...