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Sleeping Bitcoin Wallet From 2017 Moves 121.63 BTC Worth $8.25M After 7 Years

On July 28, 2024, bitcoin was trading at $67,872 per coin when a dormant bitcoin address created in 2017 transferred 121.63 BTC, now valued at $8.25 million, after more than…

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

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,…

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

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…

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Addresses That Sat Idle for Years Transferred 1,221 Bitcoins Worth $20M Over the Last 4 Days

During the last seven days, bitcoin’s price has remained above the $16K region following the aftermath of FTX’s collapse. Since then, a number of ‘sleeping bitcoins’ that sat idle for…

Continue ReadingAddresses That Sat Idle for Years Transferred 1,221 Bitcoins Worth $20M Over the Last 4 Days

Thanks to the FTX Collapse, Bitcoin’s Price in November 2022 Looks to Join the 4 Previous Negative Novembers of the Past 11 Years

Since 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…

Continue ReadingThanks to the FTX Collapse, Bitcoin’s Price in November 2022 Looks to Join the 4 Previous Negative Novembers of the Past 11 Years

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

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…

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The PoW Dominance Purge — Only 6 Crypto Assets out of the Top 50 Market Caps Use Proof-of-Work

At the time of writing, only one coin in the top ten crypto assets by market capitalization is a proof-of-work (PoW) token and out of the top 20, there are…

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Top 10 PoW Dominance Evaporates 9 Years Later, Only Two Proof-of-Work Coins Will Remain After The Merge

The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as The Merge is expected to happen 27 days from now.…

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Crypto Market Turning Point — Most Cryptocurrencies Down 57% to Over 80% From Price Highs

Roughly six months ago, bitcoin and a number of digital assets reached all-time highs and the crypto economy crested above $3 trillion in value. Today is a different story as…

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2022 Bitcoin Obituaries List Outpaces First 3 Years, Schiff Says Its ‘Highly Likely Bitcoin Will Crash Below $10K’

While bitcoin’s price has dropped to levels not seen since January 2022, a number of detractors think bitcoin is on its death bed. Data stemming from the Bitcoin Obituaries list…

Continue Reading2022 Bitcoin Obituaries List Outpaces First 3 Years, Schiff Says Its ‘Highly Likely Bitcoin Will Crash Below $10K’