1.71 Million BTC From 2009-2012 Block Rewards Still Dormant, Worth Over $100B

This 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 … Read more

Robert Kiyosaki Predicts Bitcoin Could Hit $500K by 2025, $1M by 2030

Rich Dad Poor Dad author Robert Kiyosaki has shared his expectation that the price of bitcoin could skyrocket to $500,000 by next year and $1 million by 2030. He referenced Jim Rickards’ upcoming book, which warns about the risks AI poses to the global financial system, potentially increasing economic instability. Robert Kiyosaki’s Bold Bitcoin Prediction … Read more

The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue Struggles 

Metrics reveal that although BTC prices climbed 6.97% in September, Bitcoin’s hashprice—the anticipated daily revenue from 1 petahash per second (PH/s)—remains ultra-low. This suggests that miners are still dealing with extremely thin profits. With just nine days left in the month, miners have already earned a hair over 62% of what they brought in during … Read more

Spot Bitcoin and Ether ETFs Record Second Day of Inflows, Leading to Gains

The spot bitcoin and ether exchange-traded funds (ETFs) experienced a second consecutive day of inflows, as both categories of funds posted gains. On Friday, spot bitcoin ETFs drew in $92 million, while spot ether ETFs collected $2.87 million. Spot Bitcoin ETFs Add $92M as Ether ETFs Navigate Mixed Market Publicly listed, physically settled bitcoin and … Read more

QCP Capital: Crypto Rally Extends, Supported by ETF Inflows

Bitcoin (BTC) and ether (ETH) surged for a third consecutive day, supported by strong inflows into spot exchange-traded funds (ETFs), according to a weekend analysis by QCP Capital. The firm reported that bitcoin retested the $64,000 mark, while ether reclaimed $2,500 during the rally. ‘Uptober’ Gets a Head Start in Mid-September QCP Capital‘s weekend analysis … Read more

NFT Sales Climb 7.33%, Mythos, Blast, and Solana Lead the Charge

Non-fungible tokens (NFTs) had quite the boost this week, with sales climbing by 7.33% compared to the previous one, totaling $77.13 million. The number of NFT sellers skyrocketed by 95.68%, while buyers surged 137.48%, giving the market a noticeable lift. NFT Gains: Digital Collectible Buyers Increase by 137% as Sales Hit $77.13M After several weeks … Read more

A Detailed Analysis of Ancient 2009 Bitcoin Wallet Spending Since 2015

On Friday, Sept. 20, 2024, blockchain detectives were left stunned when five dormant bitcoin wallets from 2009 suddenly became active. In a fascinating twist, exactly nine years earlier on Sept. 20, 2015, a single block reward from 2009 was spent, with the owner transferring block height 2,800 along with several other block rewards. Since then, … Read more

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