Warning: Constant WP_MEMORY_LIMIT already defined in /home/digit/public_html/wp-config.php on line 98

Warning: Cannot modify header information - headers already sent by (output started at /home/digit/public_html/wp-config.php:98) in /home/digit/public_html/wp-includes/feed-rss2.php on line 8
2012 – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sun, 22 Sep 2024 16:30:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png 2012 – DIGIT INFO https://www.digit.info 32 32 1.71 Million BTC From 2009-2012 Block Rewards Still Dormant, Worth Over $100B https://www.digit.info/1-71-million-btc-from-2009-2012-block-rewards-still-dormant-worth-over-100b/ Sun, 22 Sep 2024 16:30:34 +0000 https://www.digit.info/1-71-million-btc-from-2009-2012-block-rewards-still-dormant-worth-over-100b/ Read more]]> 1.71 Million BTC From 2009-2012 Block Rewards Still Dormant, Worth Over $100BThis past week, a batch of five block rewards from 2009 were moved for the first time in almost two years. Interestingly, since 2015, only 48 block rewards from Bitcoin’s creation year have been spent. With the reawakening of these so-called ‘sleeping’ bitcoins from Bitcoin’s early days, it’s a good time to reflect on just […]

Go to Source

]]>
Vintage Bitcoin Vaults Awaken — Over $41M in BTC Moves After 11.7 Years of Slumber https://www.digit.info/vintage-bitcoin-vaults-awaken-over-41m-in-btc-moves-after-11-7-years-of-slumber/ Sat, 30 Mar 2024 15:39:03 +0000 https://www.digit.info/2024/03/30/vintage-bitcoin-vaults-awaken-over-41m-in-btc-moves-after-11-7-years-of-slumber/ Read more]]> On Friday, March 29, 2024, an early bitcoin enthusiast who acquired their holdings in 2012 transferred 100 bitcoins, valued at approximately $6.98 million, at block height 836,813. Roughly 42 blocks later, at block height 836,855, another individual, or possibly the same entity, relocated 500 bitcoins from a wallet established on July 13, 2012, now estimated […]

Go to Source

]]>
Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto Winter https://www.digit.info/localbitcoins-the-pioneer-p2p-bitcoin-exchange-shuts-down-after-a-decade-of-service-due-to-crypto-winter/ Thu, 09 Feb 2023 15:00:54 +0000 https://www.digit.info/2023/02/09/localbitcoins-the-pioneer-p2p-bitcoin-exchange-shuts-down-after-a-decade-of-service-due-to-crypto-winter/ Read more]]> Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto WinterLocalbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left them unable to continue offering their bitcoin trading services. The Challenges Faced by Localbitcoins and its Ultimate Demise in the Crypto Market The first […]

Go to Source

Powered by WPeMatico

]]>
BTC Wraps up 13 Consecutive Years of Recorded Market Value, With No Santa Rally in 2022 https://www.digit.info/btc-wraps-up-13-consecutive-years-of-recorded-market-value-with-no-santa-rally-in-2022/ Sun, 25 Dec 2022 16:30:49 +0000 https://www.digit.info/2022/12/25/btc-wraps-up-13-consecutive-years-of-recorded-market-value-with-no-santa-rally-in-2022/ Read more]]> By the end of this year bitcoin will have 13 consecutive years of recorded market value under its belt. Seven of those years saw Santa rallies all the way up until New Year’s Eve, and five of the 13 years saw bearish returns from Dec. 1 to Dec. 31. There’s still six more days left […]

Go to Source

Powered by WPeMatico

]]>
Thanks to the FTX Collapse, Bitcoin’s Price in November 2022 Looks to Join the 4 Previous Negative Novembers of the Past 11 Years https://www.digit.info/thanks-to-the-ftx-collapse-bitcoins-price-in-november-2022-looks-to-join-the-4-previous-negative-novembers-of-the-past-11-years/ Sat, 19 Nov 2022 16:30:41 +0000 https://www.digit.info/2022/11/19/thanks-to-the-ftx-collapse-bitcoins-price-in-november-2022-looks-to-join-the-4-previous-negative-novembers-of-the-past-11-years/ Read more]]> Thanks to the FTX Collapse, Bitcoin's Price in November 2022 Looks to Join 4 out of 11 Negative NovembersSince bitcoin’s price was first measured in fiat value in 2010, only four out of the 11 Novembers in bitcoin’s history have seen monthly declines. Eight of the Novembers in bitcoin’s price history saw bitcoin climb higher from the first of the month to the last day of November. Following the collapse of FTX, an […]

Go to Source

Powered by WPeMatico

]]>
‘Sleeping Bitcoin’ Spends Slow Down Considerably in 2022, as 92 Decade-Old BTC Worth $1.79 Million Wake Up https://www.digit.info/sleeping-bitcoin-spends-slow-down-considerably-in-2022-as-92-decade-old-btc-worth-1-79-million-wake-up/ Tue, 25 Oct 2022 14:00:13 +0000 https://www.digit.info/2022/10/25/sleeping-bitcoin-spends-slow-down-considerably-in-2022-as-92-decade-old-btc-worth-1-79-million-wake-up/ Read more]]> 'Sleeping Bitcoin' Spends Slow Down Considerably in 2022, as 92 Decade-Old BTC Worth $1.79 Million Wakes UpWhile the price of bitcoin has remained range bound and coasting along just above the $19K zone, over 60% of the bitcoin in circulation has not moved in a year or more. Moreover, there’s been very few transfers from bitcoins stemming from 2010, and it’s been more than two months since the last 2010 block […]

Go to Source

Powered by WPeMatico

]]>
Bitcoin Traders Patiently Wait for ‘Uptober’ — Historical Prices Show BTC Gained 10 out of 13 Octobers https://www.digit.info/bitcoin-traders-patiently-wait-for-uptober-historical-prices-show-btc-gained-10-out-of-13-octobers/ Tue, 18 Oct 2022 14:00:59 +0000 https://www.digit.info/2022/10/18/bitcoin-traders-patiently-wait-for-uptober-historical-prices-show-btc-gained-10-out-of-13-octobers/ Read more]]> In recent times bitcoin’s volatility has been the lowest it’s been since 2020 and after last month’s market downturn, crypto enthusiasts expected a reversal in October. In fact, bitcoin has seen gains in October ten times out of the last 13 years, which has led crypto enthusiasts to call the month “Uptober.” While bitcoin is […]

Go to Source

Powered by WPeMatico

]]>
Bitcoin Interest-Bearing Accounts Were Conceived Over Ten Years Ago, but the Idea Took 8 Years to Catch On https://www.digit.info/bitcoin-interest-bearing-accounts-were-conceived-over-ten-years-ago-but-the-idea-took-8-years-to-catch-on/ Thu, 08 Sep 2022 21:30:43 +0000 https://www.digit.info/2022/09/08/bitcoin-interest-bearing-accounts-were-conceived-over-ten-years-ago-but-the-idea-took-8-years-to-catch-on/ Read more]]> Bitcoin Interest-Bearing Accounts Were Conceived Over Ten Years Ago, but the Idea Took 8 Years to Catch OnWhile decentralized finance (defi) has created a plethora of protocols that make it so crypto assets can gather a yield, ten and a half years ago a bitcoin exchange called Bitcoinica introduced the first interest accruing system for bitcoin deposits. Despite being the first to test the waters, Bitcoinica eventually went bust after a series […]

Go to Source

Powered by WPeMatico

]]>
Bitcoin’s Bearish Prices at the End of 2021 Not Much Different Than 8 Previous Year-End Cycles https://www.digit.info/bitcoins-bearish-prices-at-the-end-of-2021-not-much-different-than-8-previous-year-end-cycles/ Mon, 20 Dec 2021 18:30:30 +0000 https://www.digit.info/2021/12/20/bitcoins-bearish-prices-at-the-end-of-2021-not-much-different-than-8-previous-year-end-cycles/ Read more]]> 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 https://www.digit.info/hundreds-of-millions-worth-of-sleeping-bitcoins-woke-up-after-btcs-mid-november-price-high/ Sun, 19 Dec 2021 17:00:01 +0000 https://www.digit.info/2021/12/19/hundreds-of-millions-worth-of-sleeping-bitcoins-woke-up-after-btcs-mid-november-price-high/ Read more]]> 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

]]>