$8M Worth of ‘Sleeping’ Bitcoin Rewards from 2010 Moved the Day Before ‘Black Thursday’

$8M Worth of 'Sleeping' Bitcoin Rewards from 2010 Moved the Day Before 'Black Thursday'Over a half a million dollars worth of bitcoin from a May 2010 coinbase reward was transferred to Bitfinex on October 1. A parser recorded the old coins being spent and since mid-February 2020, roughly 33 so-called ‘sleeping bitcoin addresses’ from ten years ago have been spent to-date. Interestingly, 20 out of the 33, 2010-issued […]

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Average Price of Bitcoin More Than Quadrupled Between Reward Halvings

Investing in bitcoin has been somewhat of a phenomenon, as millions of individuals have invested funds into the crypto-economy since at least 2010. One specific and lucrative method of investment is dollar-cost averaging. If an individual was to invest $10 a week into purchasing bitcoins since July 2010, the $5,130 USD (overall cost of investment) […]

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Hyperbitcoinization: $100mil Per Coin by 2030

Hyperbitcoinization: $100mil Per Coin by 2030The ultimate success of bitcoin core (BTC), hyperbitcoinization, contains the possibility of a purposeful and bright future. Inevitable mass adoption will lead to a globally dominant currency. Pushing all other competitors out means, ultimately, mooning prices. At least one theorist believes the above will happen, and further postulates one hundred million dollars per bitcoin could […]

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Review: Ledger Nano S Put to the Test

Review: Ledger Nano S Put to the TestWith over one million units sold, the Nano S is the world’s most popular hardware wallet. A combination of first mover advantage – until recently Ledger had only really had Trezor to compete with – coupled with excellent security and usability have made the Nano S ubiquitous. This week, news.Bitcoin.com took delivery of a brand […]

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Bitcoin Price Watch: Currency Falls to $8,200

At press time, bitcoin is trading for roughly $8,220 – about $130 less than where it stood yesterday. One source places current resistance levels at $8,600, which bitcoin was previously unable to break. The currency rose to the $8,500 mark 48 hours ago, but has incurred subsequent drops ever since. In addition, bitcoin has also failed to sustain previous support levels at $8,300, thus leading to the most recent drop. Tom Lee of Fundstrat (whom we’ve discussed in our last two price articles) is again in the news. He’s sticking to his guns and insists bitcoin will reach $25,000 by

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Moon Missions and Custom Wallets: Bitcoin Community Celebrates Pizza Day

Moon Missions and Custom Wallets: Bitcoin Community Celebrates Pizza DayOn May 22, the bitcoin community celebrated the second most important date in its calendar. No other date, save for January 3, 2009 when Satoshi mined the genesis block, is more symbolic. It was on May 22, 2010 that Laszlo Hanyecz purchased two pizzas for 10,000 BTC. Eight years on, the occasion has become part […]

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