Core developer Peter Todd was revealed as Nakamoto in the documentary shot by Cullen Hoback. Todd, however, denied being Nakamoto in a previous email to CoinDesk.
Crypto Market Overview: The global cryptocurrency market saw a downturn today, dropping 1.54% with a total market cap of $2.29 trillion. Trading volume also fell sharply, down 17.42% to $69.15 billion in the last 24 hours. The Fear & Greed Index remains neutral at 56, reflecting market indecision amid broader uncertainty.
Over the past few years, many community members have advocated for a linkup between Bitcoin (BTC) and Cardano (ADA). Drawing on the positive notion of interoperability, a new research paper spotlighted by Cardano's validator "Stake With Pride" has teased how both chains can work together.
Bitcoin continues to be a hot topic in the cryptocurrency world, particularly with recent reports revealing that the total amount held in accumulation addresses has surged to a remarkable 2.9 million BTC. This development signifies a growing confidence among both individual and institutional investors in Bitcoin's long-term prospects, even amid ongoing market uncertainties.
Why did Peter Schiff criticize MicroStrategy's Bitcoin strategy despite its rising stock value?
In the past 24 hours, crypto liquidations worth $190 million were recorded as Bitcoin (BTC) failed to break through the crucial $70,000 resistance level.
Bernstein analysts predict bitcoin will reach $200,000 by the end of 2025, calling the forecast “conservative.”
Since Bitcoin reached an all-time high of nearly $74,000 in March 2024, the leading crypto has endured a prolonged consolidation below $70k. However, legendary trader and analyst Peter Brandt has suggested that Bitcoin could be gearing up for a huge breakout that might catalyze a move to new all-time highs based on favorable chart technicals.
The cryptocurrency landscape evolves, recent developments highlight a stark contrast among the top ten digital assets. While Bitcoin is experiencing a significant breakout, XRP is struggling to maintain its momentum.
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 23, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
Michael Saylor continue to face intense criticism after his latest comments on BTC self custody.
U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a shift back to negative daily flows on Tuesday after a week of consistent inflows.
On Oct. 22, net outflows from spot Bitcoin ETFs reached $79.1 million, a sharp contrast to the inflows of $294.3 million seen in the previous trading session. Meanwhile, Ethereum spot ETFs recorded a modest inflow of $11.9 million, recovering from the prior session's outflow of $20.8 million.
The business plan for WBTC is to increase the outstanding amount by five to 10 times what is now, just under $10 billion – using a geographically diversified custodial setup that might be more appealing to buyers outside the U.S
TL;DR Tesla rotated 11,509 BTC across multiple wallets: Arkham Intelligence confirmed that Tesla's recent Bitcoin movements were rotations, not sales, maintaining ownership of approximately $770 million in BTC. Wallets distributed for security: The Bitcoin is now spread across seven new wallets, each holding between 1,100 and 2,200 BTC, likely for enhanced security or risk management.
An ARK Invest analyst is saying that three indicators are currently flashing bullish for Bitcoin (BTC). ARK analyst David Puell tells his 68,900 followers on the social media platform X that there have been “interesting market events in the last few weeks” signaling a potential Bitcoin breakout.
Billionaire hedge fund manager Paul Tudor Jones says he is investing in Bitcoin, gold, commodities, and tech stocks amid inflation concerns.
BTC's hash rate also tapped a new peak a few days ago, but has declined slightly since then.
The growing dominance of Bitcoin has raised the possibility of a BTC bull run in a short while from now. On the other hand, once the dominance reaches its peak, it could face a rejection that may not only keep the BTC price consolidated but also allow a remarkable rise in the altcoin dominance.
Grant Colthup, the ex-CEO of a defunct Australian cryptocurrency exchange, is facing fraud charges. He's accused of misusing $1.47 million intended for bitcoin purchases. ASIC, the Australian regulator, alleges Colthup violated a law against false or misleading representations. The funds were reportedly used to pay the exchange's debts or buy crypto for others.
River Financial's BTC interest program might change investors' perceptions of Bitcoin as an asset.
The current price of Bitcoin (BTC) today is as of . As if Wednesday, BTC price hit a daily high of today after sliding % on.
Bitcoin retail investor demand has increased in October to levels seen before March's all-time high, analysts said.
Those wallets continue to hold that BTC and haven't sent any to crypto exchanges as of Wednesday, which is usually a sign of intention to liquidate holdings.
Bitcoin has been on an impressive upward trajectory, recently crossing the significant milestone of $69,000. This surge represents a recovery of over 17% since October 10, and it positions Bitcoin to challenge its previous all-time high of around $73,000, set back in March.
Buterin countered Saylor's view that institutions should control Bitcoin custody, stating that it erodes the coin's decentralized foundation.
Once again making news, Metaplanet Inc., often known as “Asia's MicroStrategy,” raised 10 billion yen (about $68 million) through a recent stock sale. The goal of this significant investment is to support its aggressive Bitcoin acquisition strategy.
Vitalik Buterin criticizes Michael Saylor's Bitcoin custody proposal, emphasizing the importance of self-custody and decentralization in the crypto community.
Saylor seemed to be explicitly arguing for a “regulatory capture” approach to crypto, the Ethereum co-founder argued.
The $79 million net outflow on Tuesday reduced the cumulative net inflows of the 12 ETFs to $21.15 billion.
Bitcoin mining difficulty jumps 3.9%, hits 95.67T on Tuesday, amid record hashrate.
India is moving closer to a major decision on cryptocurrencies like Bitcoin and Ethereum. The government is considering banning these digital currencies while pushing for its own Central Bank Digital Currency (CBDC), known as the digital rupee.
A group of researchers, Dr. Murray A. Rudd, Dennis Porter, Allen Farrington, and Freddie New (from Satoshi Action Education, Axiom and Bitcoin Policy UK) has strongly denounced a European Central Bank paper, that criticized the viability and economic impact of Bitcoin. The development has triggered a discussion on the matter.
As Bitcoin experiences a gradual recovery in its price performance, a new analysis sheds light on the cryptocurrency's broader market stance. A CryptoQuant analyst known as “Crazzyblockk” recently shared an in-depth study on Bitcoin's quarterly performance, focusing on key metrics like the asset's market capitalization and realized capitalization.
Bitcoin and the broader cryptocurrency market experienced a significant dip, with Bitcoin falling below $67,000 amid market-wide liquidations and macroeconomic pressures.
Traders are braced for Tesla to post its third quarter earnings, potentially revealing why it suddenly moved its near-$800 million worth of bitcoin last week
Ethereum co-founder Vitalik Buterin criticizes MicroStrategy chairman Michael Saylor's remarks that suggests he is in favor of crypto users using big banking institutions to hold custody over Bitcoin.
The bullish trend, however, might even have already started.
Bitcoin (BTC) is currently sliding along the top of its bull flag after breaking out last week. Will the price fall back inside the bull flag and face being rejected, or will a bounce occur that sends $BTC back towards its $73,800 all-time high?
Institutional investors have doubled down their Bitcoin purchases in the recent past in a bid to hedge against global inflation and the ever-devaluation of fiat currencies.
Bitcoin (BTC) is once again on the verge of a critical price movement, but is this the moment for a bull run? As U.S. Treasury yields continue to rise, some analysts worry this could halt Bitcoin's growth.
While responding to a New Zealand-based media outlet about his personal motivation, MicroStrategy Co-Founder Michael Saylor revealed his intention to follow the footsteps of Bitcoin creator Satoshi Nakamoto. His plan to leave his wealth to humanity has left many crypto en“`thusiasts stunned.
Almost all major cryptocurrencies, including Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Chainlink (LINK), and Polkadot (DOT), have registered substantial declines. The crypto market cap has also dropped by 0.82% and currently stands at $2.31 trillion.
Tesla, the electric car company owned by eccentric billionaire Elon Musk, transferred all of its Bitcoin to unknown wallets in a series of transactions last week. This mass movement led to speculations about a potential market dump — spurring anxiety among crypto investors.
You can now earn 3.8% interest on your cash deposits—paid in Bitcoin. You're not only getting a steady interest rate; you can grow your wealth even more with Bitcoin's price performance.
Vitalik Buterin expressed his concerns over Micheal Saylor's comment on Bitcoin custody. Saylor suggested Bitcoin holders rely on financial custody firms over hardware wallets.
Japan based Metaplanet has successfully raised 10 billion yen (approximately $67 million) through a recent stock sale. This capital will be earmarked for significant investments in Bitcoin (BTC), positioning Metaplanet as a major player in the evolving landscape of digital assets.