Former Wall Street trader Josh Mandell has made waves on the X social media platform by claiming that old Bitcoins are currently being stolen from long-dormant (“deceased”) wallets. Mandell, who gained a lot of prominence earlier this year with his extremely prescient Bitcoin price prediction, argues that the tech is being secretly used by a
Bitcoin price is struggling to recover above $111,500. BTC is now consolidating and might decline if there is a move below the $110,000 level. Bitcoin started a recovery wave above the $110,500 zone. The price is trading below $111,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support
“Dear Bitcoin Core, Bitcoin is and must remain censorship resistant.” That’s the promise, the battle, and the line in the sand drawn this week as Leonidas, the host of The Ordinal Show, weighs in on the raging Spam Wars, warning Bitcoin Core: “Any serious attempt by Bitcoin Core to tighten policy rules or censor Ordinals
A Bitcoin Ordinals developer has threatened to fund the development of an open-source fork of Bitcoin Core if developers attempt to censor Ordinals, Runes and other non-financial transactions on the network. The open letter on X from Leonidas, host of The Ordinal Show, on Saturday comes amid a war between members of the Bitcoin community
In the spirit of no stupid questions, Bitcoin influencer Crypto Tea released a post on X that many people are wondering but haven’t said out loud. If previously dormant whales can crash the BTC price by selling $2 billion in BTC, why doesn’t a year of relentless buying pressure to the tune of over $80
Bitcoin whales have sold a whopping $12.7 billion in Bitcoin over the past month, and continued sales could further pressure its price for the next few weeks, according to analysts. “The trend of reducing exposure by major Bitcoin network players continues to intensify, reaching the largest coin distribution this year,” observed CryptoQuant analyst ‘caueconomy’ on
In 2021, El Salvador became a Bitcoin trailblazer when the tiny Central American country decided to bet on bitcoin, making it legal tender. Four years later, the country’s government reached an agreement with the International Monetary Fund after changing the Bitcoin Law, making bitcoin acceptance voluntary instead of compulsory. This entire Bitcoin path started in
El Salvador continues to stack sats. On Sunday, President Nayib Bukele confirmed the country’s Bitcoin Office has purchased 21 BTC to mark the fourth anniversary of the country’s Bitcoin legal tender law. The buy is a symbolic nod to Bitcoin’s 21 million coin supply cap and continues the government’s reserve-building strategy despite tensions with international
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin treasury companies were the talk of the town during the