2016 – DIGIT INFO

Two More Sleeping Bitcoin Addresses Wake From Slumber, Moving 1,045 BTC

DIGIT — Sun, 07 Jul 2024 15:34:48 +0000

Two days ago, a dormant bitcoin wallet moved over 1,000 bitcoins on July 5, and since then, two more notable awakenings have occurred in the past 48 hours. On Saturday, an address created in December 2013 spent approximately 149.99 BTC for the first time in over a decade. On Sunday, another historic wallet from April […]

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9 Dormant Bitcoin Wallets Reactivate, Moving $7.5M Amid BTC Price Drop

DIGIT — Fri, 05 Jul 2024 17:20:13 +0000

While bitcoin’s price was at $60,382 on July 3, it dropped significantly to $53,550 two days later before rebounding back to $56,642 by 12:50 p.m. EDT on July 5. Notably, nine dormant bitcoin wallets created in 2013, 2016, and 2017 became active on Friday, moving 133.41 BTC valued at $7.5 million. The initial three wallets, […]

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Former Bitcoin Dev Gavin Andresen Revises 2016 Blog Post, Calls Trust in Craig Wright a ‘Mistake’

DIGIT — Tue, 07 Feb 2023 04:49:57 +0000

During the first week of Feb. 2023, the United Kingdom Court of Appeal overturned a High Court decision from March 2022 in the case of Craig Wright’s Tulip Trading Limited (TTL) vs. 16 cryptocurrency developers. The case will proceed to trial as Wright, who claims to be Satoshi Nakamoto, stated his team was “delighted” with […]

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BTC Wraps up 13 Consecutive Years of Recorded Market Value, With No Santa Rally in 2022

DIGIT — Sun, 25 Dec 2022 16:30:49 +0000

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 […]

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Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%

DIGIT — Tue, 20 Dec 2022 15:30:30 +0000

The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise to 0.5% from 0.25%. The Japanese central bank was one of the only banks worldwide to hold off on raising benchmark interest rates, as policymakers […]

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Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January

DIGIT — Sat, 01 Oct 2022 14:00:26 +0000

Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion. While the crypto economy is down in value, trade volumes are lower, and the value locked in decentralized finance (defi) has shed billions, treasuries held by decentralized autonomous organizations (DAOs) […]

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Historical Bitcoin Price Trends Are Traditionally Bearish in September, While BTC Market Revivals Follow in October

DIGIT — Sat, 17 Sep 2022 17:30:49 +0000

Half of September has passed and bitcoin traders are curious about where the price is headed next, as September is traditionally a bearish month for crypto prices. Furthermore, October is known to be a bullish month as bitcoin has been profitable in October more than 77% of the time. Data shows the leading crypto asset’s […]

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While Bitcoin’s Hashrate Grew by 22,900% in 6 Years, Discovering Block Rewards Is Far More Difficult

DIGIT — Sat, 10 Sep 2022 15:30:54 +0000

Over the past 12 months, Bitcoin’s hashrate has increased by 85.77%, while 53,547 blocks were mined and 334,668.75 new bitcoin were minted into circulation. More than two dozen bitcoin mining pools have dedicated hashrate toward the Bitcoin blockchain during the last six years, and while the hashrate is 22,900% higher, the number of bitcoins found […]

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Accused Bitfinex Bitcoin Money Launderer Heather ‘Razzlekhan’ Morgan Speaks for the First Time Since Her Arrest

DIGIT — Wed, 24 Aug 2022 21:45:18 +0000

Following the federal judge’s decision to give the accused Bitfinex money launderer Heather Morgan permission to “engage in legitimate employment,” Morgan has broken her silence on social media. Morgan’s Twitter account dubbed “Heather ‘Razzlekhan’ Morgan” is verified on Twitter and her latest tweet insists that she does not endorse any crypto or NFT project bearing […]

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A Second Ethereum PoW Chain Idea Gains Traction, Poloniex to List ‘Potential Forked’ Token Markets

DIGIT — Sat, 06 Aug 2022 15:30:19 +0000

Five days ago, the influential Chinese crypto miner, Chandler Guo, explained that a proof-of-work (PoW) version of Ethereum is “coming soon” as the community prepares for the network’s transition to proof-of-stake (PoS) next month. As usual, the idea of a forked token gets people excited and some individuals get upset, and even though the token […]

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