Bitcoin Address Dormant Since Satoshi Era, Activates After 10 Years
A Bitcoin wallet dormant since the Satoshi era awakens, transferring 687 BTC ($43.9 million) to two different wallets, intriguing the crypto community. A Bitcoin address from the time of Satoshi, which had been sleeping for ten years, has woken up. On May 6, the Bitcoin wallet with 43.9 million bitcoins (687 BTC) moved its assets […]
Stacks Active Accounts Hit High Record Amid Bitcoin DeFi Interest
Stacks, a leading Bitcoin layer-2 network, achieves record active users propelled by increasing interest in Bitcoin-native DeFi, reaching 122,497 active accounts in April. The foremost layer-2 (L2) Bitcoin network Active users on Stacks have attained an all-time high, propelled by an increasing fascination with decentralized finance (DeFi) that is native to Bitcoin. April witnessed a […]
Michael Saylor Bitcoin Move Yields $400M in Profits
MicroStrategy’s Co-founder, Michael Saylor, earned $400 million from planned daily share sales, driven by his strategic Bitcoin accumulation since 2020 amid rising stock prices. Reportedly, approximately $400 million has been earned by Michael Saylor, co-founder of MicroStrategy Inc., through pre-arranged daily sales of the enterprise software company’s shares. This unexpected benefit resulted from a calculated […]
Ripple CTO Challenges Bitcoin Consensus Rules
Ripple’s CTO, David Schwartz, challenges the belief that Bitcoin’s hash power determines control over its name, sparking discussions on authority in defining Bitcoin. Ripple’s Chief Technology Officer, David Schwartz, has highlighted an issue concerning the centralization of Bitcoin (BTC) hash power. Through his intervention, Schwartz challenges the prevailing notion that the authority to control the […]
Hong Kong Bitcoin and Ethereum ETF to Attract $1B in Asset
Bloomberg analysts, Eric Balchunas and Rebecca Sin, predict that Hong Kong Bitcoin and Ethereum ETFs will only attract $1 billion in assets. With analyst Rebecca Sin, Bloomberg analyst Eric Balchunas has revised estimates for the prospective assets under management (AUM) of exchange-traded funds (ETFs) for Bitcoin and Ethereum in Hong Kong. The anticipated AUM for […]