In Its Entire History, Bitcoin Has Only Spent 0.81% of Its Life Above the $60K Line

In Its Entire History, Bitcoin Has Only Spent 0.81% of Its Life Above the $60K LineAs of Sunday, March 3, 2024, bitcoin’s value persists in the $60,000 per unit vicinity, signaling the fifth instance this year that its price has sustained above this level. Naturally, as bitcoin’s value escalates, its duration above such thresholds shortens when contrasted with past significant milestones such as $30,000, $40,000, and $50,000. Bitcoin’s Price Discovery […]

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SatoshiVM SAVM Gains Attention Amid Profit Surge But Faces Price Decline Amid Team Wallet Activity

The cryptocurrency market is abuzz with discussions surrounding SatoshiVM (SAVM), a newcomer that has quickly made waves since entering the scene on January 19, 2024. Within a short span, SAVM has witnessed an impressive 20% increase in its value, capturing the interest of traders and enthusiasts. However, recent developments have introduced a degree of uncertainty as reports surfaced about a wallet associated with the SatoshiVM team engaging in selling activities. This triggered a 4% decline in the price of SAVM.  Wallet “0xfdac” reportedly received 420,000 SAVM (equivalent to $4.7 million) from the SatoshiVM team wallet, subsequently transferring 189,700 SAVM ($2.12

The post SatoshiVM SAVM Gains Attention Amid Profit Surge But Faces Price Decline Amid Team Wallet Activity appeared first on The Merkle News.

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The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century Italy

The Fall of Medici Bank: Lessons on Fractional Reserve Banking From 15th Century ItalyAmid the banking chaos of the 21st century, some are looking back more than 600 years ago, to the Medici Bank — one of the most powerful banks of its time. It established its business and became one of the most respected banks in Europe during its prime, and the prominent Italian family of bankers […]

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Bitcoin Creator Satoshi Nakamoto Turns 48 Today, Coinciding With the Anniversary of FDR’s US Gold Ban

Bitcoin Creator Satoshi Nakamoto Turns 48 Today, Coinciding With the Anniversary of FDR’s US Gold BanAccording to the P2P Foundation forum, the mysterious creator of Bitcoin, Satoshi Nakamoto, has ostensibly turned 48 today on April 5, 2023. More than 14 years ago, Nakamoto introduced Bitcoin to the forum members, noting that the inventor “developed a new open-source P2P e-cash system called Bitcoin.” The Significance of April 5 in the History […]

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Yuga Labs’ Twelvefold Collection of Ordinal Inscriptions Generates 735 Bitcoin, Worth More Than $16 Million

Yuga Labs' Twelvefold Collection of Ordinal Inscriptions Generates 735 Bitcoin, Worth More Than $16 MillionYuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions generated 735.7 bitcoin, worth more than $16 million. The highest bid was 7.1159 bitcoin, equivalent to $160,000. Individuals […]

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Bitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold Collection

Bitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold CollectionOn Monday, Feb. 27, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain crossed 200,000 at 1:02 p.m. Eastern Time. In addition to the 200,000 inscriptions, Yuga Labs, creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), revealed that the team had created a collection of 300 generative ordinal NFTs called Twelvefold. […]

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Crypto Twitter Speaks Up for Hal Finney’s Account, SBF Was Reportedly Told by Binance CEO: Stop Causing ‘More Damage’ — Bitcoin.com News Week in Review

Bitcoiners on Twitter recently pleaded with the CEO of the social media platform, Elon Musk, to preserve the account of late computer scientist and bitcoin pioneer Hal Finney. The outcry came after Musk announced that a mass of inactive accounts would be purged. Finney’s wife has since jumped in, and tweeted from Hal’s former account […]

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A Look at One of Crypto’s Greatest Mysteries — Bytecoin’s Alleged Premine and the Puzzling Nicolas Van Saberhagen, and Cryptonote Team

A Look at One of Crypto’s Greatest Mysteries — Bytecoin’s Alleged Premine and the Puzzling Nicolas Van Saberhagen, and Cryptonote TeamWhen Bitcoin first launched, the community was extremely small and it slowly grew during the first two years until the project’s creator, Satoshi Nakamoto, left the community for good. During the early years encompassing the world of cryptocurrencies, a number of anonymous individuals like Sunny King, Artforz, Rat4, and Cobra followed Satoshi’s method of keeping […]

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New Satoshi Notations Discovered, Bitcoin’s Halving Progress, Mad Money’s Cramer Miffed After SEC Filing — Week in Review

In this edition of the Bitcoin.com News week in Review: never-before-seen notations discovered from Bitcoin creator Satoshi Nakamoto, an update on progress toward the next Bitcoin halving event, Mad Money’s Jim Cramer challenging crypto investors to bet against him, and more. Sleuth Discovers Satoshi’s Long-Lost Bitcoin Version 0.1 Codebase, Raw Code Contains Bitcoin Inventor’s Never-Before-Seen […]

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