Mt. Gox moved 500 BTC to two addresses, sparking speculation about creditor payments.Unconfirmed Mt. Gox BTC transfers raise questions on potential sell-offs impacting the market. Mt. Gox sent 500 Bitcoin (BTC), valued roughly $35.04 million, suddenly to two anonymous addresses at exactly 0:42 UTC on November 1, 2024, according to Arkham. Particularly, 31.78 BTC was...
The Open Network has revealed plans to launch a wrapped Bitcoin token, tgBTC.This synthetic token will connect TON with Bitcoin’s liquidity, fueling a potential price rally. The Open Network (TON) has disclosed plans to introduce a new synthetic Bitcoin token, TON Teleport BTC, on its blockchain. The new token will serve as a bridge, allowing...
Stephen Mollah claimed to be Satoshi Nakamoto at a London event but failed to provide convincing evidence.Technical issues and unsubstantiated statements frustrated attendees, including BBC’s Joe Tidy. On October 31, British businessman Stephen Mollah stepped forward, claiming to be the elusive creator of Bitcoin, Satoshi Nakamoto, at a press conference held at London’s Frontline Club....
Samson Mow’s journey from gaming to Bitcoin advocacy highlights his vision for financial freedom and decentralized economies.As founder of JAN3, Mow advises nations on adopting Bitcoin, aiming to reshape financial systems globally. Samson Mow is a unique figure in the technology sector. Originally driven by gaming, Mow has developed into one of the most outspoken...
The number of Bitcoin addresses holding over 1 BTC has dropped from 1.024 million to 1.013 million since early this year.Approximately 99% of Bitcoin holders are in profit as market optimism rises, boosted by institutional interest and ETF approvals. According to recent data from IntoTheBlock, Bitcoin ownership shows a clear trend: the number of addresses...
Bitcoin has shifted from its original vision as a currency to being primarily seen as a high-value investment asset.Institutional interest and ETF approvals have driven positive sentiment, but Bitcoin’s adoption as everyday currency remains limited. Bitcoin has changed dramatically since its conception, from a digital currency with the potential to revolutionize financial transactions to an...
BTC approaches an all-time high amid election week anticipation, while ETH remains subdued, failing to break $2.7k levels.BTC futures and options open interest surged, with implied volatility indicating a significant risk premium ahead of the U.S. elections. Recent market updates from QCP Capital expose interesting swings and reactions linked to the U.S. economy and approaching...
PlanB’s Stock-to-Flow model revolutionized Bitcoin predictions, guiding investors with data-driven analysis and informed decision-making.Beyond Bitcoin, PlanB hints at altcoin and meme coin trends, offering broader market insights for savvy investors. Analysts and visionaries abound in the always changing world of crypto, each providing special insights into market activity. Among these powerful people, PlanB is one...
Bitcoin mining firms face rising costs, pushing them to diversify revenue sources by incorporating AI and high-performance computing services.Russia enforces strict crypto mining laws, allowing only registered entities and tightening regulations to curb financial crimes. CoinShares report reveals a significant breakthrough in the Bitcoin mining business. Second-quarter cash flow data shows that the average cost...
The US election is a major event that may shape Bitcoin and the crypto market this week.Federal Reserve pivot is also a major event to watch. The US crypto market is set for transformation this week, with some key events on the horizon. Current sentiments in the market appear tempered, so investors are watching to...