Satoshi Nakamoto’s Bitcoin holdings dropped nearly $5 billion in a single day, cutting the estimated value of the stash to roughly $118 billion. According to tracking data that ties thousands of early Bitcoin addresses to the name Satoshi, the decline mirrors a wider pullback in crypto markets this week and reflects the sharp swings in…
View More Bitcoin Drop Shaves $5 Billion From Satoshi Nakamoto’s Untouched FortuneTag: Satoshi Nakamoto
Bitcoin’s Creator Just Took A $20 Billion Hit — If He’s Still Watching
Satoshi Nakamoto’s Bitcoin stash lost more than $20 billion as markets pulled back this month, erasing a chunk of paper wealth tied to the anonymous founder’s early coins. The drop came after Bitcoin skimmed record highs and then tumbled in a fast, wide sell-off that hit many traders and funds. Satoshi’s Holdings And Recent Value…
View More Bitcoin’s Creator Just Took A $20 Billion Hit — If He’s Still WatchingAnalyst Reveals Why XRP Has Not Followed Bitcoin’s Trajectory In 7 Years, And Why Everything Is About To Change
XRP’s price history and trajectory have always caused debates among cryptocurrency enthusiasts, especially when compared to Bitcoin’s growth. Bitcoin has soared more than sixfold in the past seven years, but XRP is still trading around $3.02, roughly the same level it was trading at in early 2018. This comparison recently resurfaced one that is finally…
View More Analyst Reveals Why XRP Has Not Followed Bitcoin’s Trajectory In 7 Years, And Why Everything Is About To ChangeBitcoin’s Win Repeats Initial Warning By Satoshi Nakamoto
Fifteen years ago today, Satoshi Nakamoto typed out a short, almost casual statement on a Bitcoin forum that would end up sounding prophetic: “The utility of the exchange made possible by Bitcoin will far exceed the cost of electricity used. Therefore, not having Bitcoin would be net waste.” It traded for a mere $0.07 at…
View More Bitcoin’s Win Repeats Initial Warning By Satoshi Nakamoto