Bitcoin’s Bearish Prices at the End of 2021 Not Much Different Than 8 Previous Year-End Cycles

Bitcoin's Bearish Prices at the End of 2021 Not Much Different Than 8 Previous Year-End CyclesThe price of bitcoin is down more than 33% from the crypto asset’s all-time high captured about a month ago on November 10. A while back, people expected the price of bitcoin to be extremely bullish during the months of November and December, and many expected a $100K bitcoin price by the year’s end. However, […]

Go to Source

Powered by WPeMatico

Hundreds of Millions Worth of ‘Sleeping Bitcoins’ Woke up After BTC’s Mid-November Price High

Hundreds of Millions Worth of 'Sleeping Bitcoins' Woke up After BTC's Mid-November Price HighOn Sunday, December 19, a dormant address that received 235 bitcoin in 2013 was activated after more than nine years of sitting idle. Bitcoin’s price has dropped lower after reaching its all-time high on November 10, and throughout December, records show a great number of so-called ‘sleeping bitcoins’ have activated during this period. Dormant Addresses […]

Go to Source

Powered by WPeMatico

23,250 ‘Sleeping Bitcoins’ Spent in 2021: This Year Old School Miners Moved $1 Billion in BTC From 2010-2013

23,250 'Sleeping Bitcoins' Spent in 2021: This Year Old School Miners Moved $1 Billion in BTC From 2010-2013On Bitcoin’s 12th anniversary, a mystery miner from the early days spent 1,000 decade-old bitcoins that were mined in 2010. The strange miner was not the only entity that spent 2010 BTC block rewards during the last nine months, but this miner returned on a few occasions to spend strings of ten-year-old block rewards. As […]

Go to Source

Powered by WPeMatico

Deposition of Craig Wright’s Wife Shows Little Understanding of Bitcoin Private Keys

Deposition of Craig Wright's Wife Shows Little Understanding of Bitcoin Private KeysAccording to a court filing on June 30, the Kleiman v. Wright case has postponed the jury trial until October 13 in the Miami Division courthouse. Meanwhile, a deposition stemming from Craig Wright’s wife, Ramona Watts, shows that she has little understanding of how Bitcoin works after being married to the self-proclaimed ‘cryptocurrency inventor’ for […]

The post Deposition of Craig Wright’s Wife Shows Little Understanding of Bitcoin Private Keys appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Analysts Say Bitcoin Breakout Imminent: Silver-like Suppression, $5 Trillion in Cash Could Flow Into BTC

Analysts Say Bitcoin Breakout Imminent: Silver-like Suppression, $5 Trillion in Cash Could Flow Into BTCA number of venture capitalists and macro investors believe bitcoin’s price will break out soon following suit with gold’s recent climactic rise. Dan Tapeiro, cofounder of Gold Bullion International, thinks that $4.6 trillion in cash sitting on the sidelines right now, could very well flow into precious metals and crypto-asset markets. Moreover, other investors have […]

The post Analysts Say Bitcoin Breakout Imminent: Silver-like Suppression, $5 Trillion in Cash Could Flow Into BTC appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin’s Third Halving: Survey Shows 50% of Miners Expect a Price Increase

The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate climbed over 240%. Moreover, a recent poll published […]

The post Bitcoin’s Third Halving: Survey Shows 50% of Miners Expect a Price Increase appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Wikileaks Gathers $37M in BTC Since 2010 – Over $400K Sent After Julian Assange’s Arrest

Wikileaks Gathers $37M in BTC Since 2010 - Over $400k Sent After Julian Assange's ArrestThe world was shocked when Wikileaks cofounder Julian Assange was arrested in April after being cooped up in the Ecuadorian Embassy in London since 2012. Following his arrest, the original Wikileaks bitcoin address saw significant support as $32,000 worth of BTC poured into the wallet in two days. Since 2010, Wikileaks’ address saw 4,043 BTC […]

The post Wikileaks Gathers $37M in BTC Since 2010 – Over $400K Sent After Julian Assange’s Arrest appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Someone Redeemed a 100 BTC Casascius Bar Worth Over $700K

Someone Redeemed a 100 BTC Casascius Bar Worth Over $700kIn 2011, Mike Caldwell created the notorious Casascius physical bitcoin collection, and since then the series of coins has become extremely valuable. Over the last two months, a bunch of people have redeemed their Casascius coins and on December 23 someone peeled a 100 BTC ($723K) Casascius bar. Also Read: Only 375 Days Left for […]

The post Someone Redeemed a 100 BTC Casascius Bar Worth Over $700K appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoin’s Early Days: How Crypto’s Past Is Much Different Than the Present

Bitcoin's Early Days: How Crypto's Past Is Much Different Than the PresentOver the last 24 hours, cryptocurrency enthusiasts have been discussing a transaction that saw 94,000 BTC sent to an unknown wallet. The hoopla over the large transaction shows how things have changed significantly over the last decade. Back in cryptocurrency’s early days, between 2010-2012, large bitcoin transactions like this weren’t such a big deal and […]

The post Bitcoin’s Early Days: How Crypto’s Past Is Much Different Than the Present appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico