Pseudonymous Bitcoin creator Satoshi Nakamoto is now the 11th richest person in the world, as the inventor’s BTC portfolio—based on wallets tied to the long-silent crypto icon—has risen above $130 billion, according to Arkham Intelligence. It comes as the leading cryptocurrency has hit a spree of new all-time highs, rising by 14% over the past
A new survey conducted by Bitcoin (BTC) mining platform GoMining reveals a surprising education gap among crypto enthusiasts, one that may be slowing broader adoption. Nearly 17 years after Satoshi Nakamoto mined the first Bitcoin, most users still don’t feel confident about its fundamentals despite its trillion-dollar market cap. Users Know Bitcoin Is Important, But
Bitcoin hit a new all-time high at $123,218, on Monday, July 14. The largest cryptocurrency wiped out its gains and hovers above the $118,000 level at the time of writing. Bitcoin’s recent activity has motivated BTC holders from the Satoshi era to move their BTC to OTC desks and likely take profits. Bitcoin (BTC) could
Much of Bitcoin’s recent rally has been fueled by institutional demand, but new data shows retail investors are finally stepping back in after a long lull. According to a July 17 Glassnode report, the supply held by first-time Bitcoin (BTC) buyers has jumped by 2.86% over the past two weeks, going from 4.77 million BTC
Reports confusing the difference between seized and forfeited assets have led pro-crypto Senator Cynthia Lummis to panic that the US has committed a “total strategic blunder” by selling off 179,000 bitcoin (BTC). Numerous Bitcoiners and crypto news outlets reported that the US sold 85% of its BTC holdings ($21 billion) after a freedom of information
Michael Saylor, a Bitcoin permabull and the executive chairman of the Bitcoin-focused company Strategy, has taken to his account on the social media network X (formerly known as Twitter) to reveal a big “Bitcoin secret.” He also shared an infographic showing the staggering success of his company’s stock, MSTR, over other major market indexes and
Bitcoin’s strong breakout above $120K has reignited excitement across markets. But is this a sign of a bull market strengthening or a rally vulnerable to macro headwinds? Technical Levels To Monitor Bitcoin’s breakout above $120K has solidified its place in a firm high-timeframe uptrend. Even if the price retraced over 10% from the recent highs,
Many firms now hold Bitcoin as a reserve asset, but markets care how they hold it, a Nansen report shows. Bitcoin (BTC) is rapidly becoming a core part of the traditional financial system. According to a recent report by Nansen, new regulatory standards and macroeconomic factors have changed how corporations view Bitcoin exposure. This has
Barely two days after the speculation of a merger, an official statement has confirmed a business combination between Adam Back’s Bitcoin Standard Treasury Company (BSTR) and Cantor Equity Partners 1. BSTR is eyeing a public listing that will place it as the fourth-largest Bitcoin treasury company amid plans to “maximize Bitcoin ownership per share.”
This is a segment from the Empire newsletter. To read full editions, subscribe. We’re over halfway through the year, so let’s do a little recap, shall we? I mentioned K33’s H1 report in an intro the other day, but there’s a lot of interesting data to digest. Such as the fact that the bitcoin treasury