Bitcoin wallets untouched since the cryptocurrency traded for a few dollars keep waking up. Six wallets last active between 2011 and 2014 moved a combined 553.59 $BTC worth about $40 million between Aug. 16 and Aug. 26, according to data tracked by Galaxy Research. One had not moved a coin in more than 15 years.
For years, Bitcoin [$BTC] has been nicknamed “digital gold.” However, the first crypto’s role as a store of value has been evolving over the years. Will $BTC compete with gold in time? $BTC and gold, holding stronger than ever? Asset traders are used to Bitcoin behaving a certain way. That may be changing now. In
A Signature Before Bitcoin Had a Price Before bitcoin had a massive price tag attached to it, it had its first true recipient. On January 12, 2009, Finney became the first person to receive a bitcoin transaction, when Satoshi Nakamoto sent him 10 $BTC in what is now recognized as the moment digital cash left
Bitcoin slid Friday afternoon, cooling down after a phenomenal run following huge investment from U.S. ETF buyers. The leading cryptocurrency was trading for $77,379 on Friday afternoon in New York after dropping more than 3% over a 24-hour period. Bitcoin hit a high this week of $81,281 but slowed down after Federal Reserve Chair Kevin
Bitcoin’s time has come in Asia — especially with a changing regulatory landscape — and its people and companies should take advantage. That was the message Metaplanet CEO Simon Gerovich gave at this year’s Bitcoin Asia conference, where on Friday he spoke of how his company went from failing to the third biggest bitcoin treasury
Bitfinex Highlights Bitcoin Price Correlation with Gold As Debasement Trade Narrative Evolves Analysts warn that bitcoin is starting to behave as digital gold as investors try to find a hedge against debt and monetary manipulations. Bitfinex has stressed that this correlation between gold and bitcoin has reached levels that normally don’t hold for long, signaling
Bitcoin fell below $77,000 Friday after Fed Chair Kevin Warsh revived the threat of higher interest rates at Jackson Hole. Data from CryptoSlate shows the largest cryptocurrency dropped to as low as $76,909 before recovering to $77,712 as of press time, down about 4% over the previous 24 hours. The retreat accelerated a broader crypto
XRP has come under renewed selling pressure after Federal Reserve Chair Kevin Warsh delivered a notably hawkish message on inflation during his first Jackson Hole speech. The cryptocurrency dropped to around $1.38 on Friday. The cryptocurrency is down roughly 5% over the past 24 hours, according to CoinGecko data. The Ripple-linked cryptocurrency had been trading
Stablecoin issuer Circle has launched native $USDC and $EURC on Plasma alongside Cross-Chain Transfer Protocol, or CCTP, and Bridge Kit, giving the stablecoin-focused Layer 1 first-party access to Circle-issued dollar and euro tokens and its crosschain transfer stack. Circle published mainnet contract addresses for both tokens on Aug. 28. When checked, the linked Plasmascan pages