A Bitcoin address that had been dormant since the days of Satoshi Nakamoto was awakened for the first time in 10 years. A Bitcoin wallet containing 687 BTC ($43.9 million) transferred its holdings to two other wallets on May 6.The wallet first transferred 625.43 Bitcoin (BTC) to an address starting with bc1qky and the remaining 61.9 BTC to bc1qdc. Fund movements from very old wallets, especially those from the Satoshi era, often arouse curiosity in the cryptocurrency community.The term “Satoshi Era” is associated with the early days after Bitcoin was created when its anonymous founder, Nakamoto, was active in online…
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Market • May 6, 2024 4:09 AM EDT Posted 1 minute ago In ~ Although the price of Bitcoin has fallen slightly in recent weeks, analysts at Bernstein believe that the leading cryptocurrency is “still a long way off.” They reiterated their prediction that Bitcoin will reach $150,000 this cycle, expected by the end of 2025.“We felt a lot better about that call and BTC +2.31% “Metrics indicate a healthy cycle and that it is still in its early stages,” Gautam Chhugani and Mahika Sapra wrote in a note. “The risk-reward here remains attractive.”Analysts shared the view that the recent…
join us telegram A channel to stay up to date on breaking news coverage Charles Hoskinson’s “Hypothesis” “Would you like to see Bitcoin Cash become a Cardano partnerchain upgraded with useful proof-of-work Leios, NiPoPoW and Ergo technologies?” asked Hoskinson. vote. This potential collaboration could lead to “the fastest and most useful proof-of-work chain ever built,” the Cardano founder added. Many people supported the idea, and as of 2:20 a.m. EST on May 6, it had 13,857 votes. Cardano and Bitcoin Cash integration details unclear Biggest Lab founder and CTO Ben Scherrey shared his support for a possible integration. “I have…
Marathon Digital Holdings, a prominent player in the cryptocurrency mining industry, recently announced an important update regarding its Bitcoin production and mining operations for April 2024. The company’s unaudited report shows several notable developments. One of the key highlights is that Marathon’s average operating hash rate has increased. This grew by 15% month over month, reaching 21.1 exahashes per second (EH/s). This surge in hashrate indicates an increase in the capacity and efficiency of the company’s mining operations. In terms of Bitcoin production, Marathon saw a 21% increase, mining a total of 850 Bitcoins in…
The last six months or so have seen several proposals for improvements to Bitcoin Script: CAT, 64-bit arithmetic, as well as some older ideas (CTV) and far-future ideas (Chialisp and Simplicity). This activity has largely overshadowed some revolutionary changes in our understanding of the existing Bitcoin Script, changes which form the basis of BitVM but which may also form the basis of other, equally-exciting improvements.This article tries to summarize and organize research into Script by other people. I make no claim to originality or authorship of anything described here.Bitcoin ScriptAs many readers are aware, Bitcoin Script is a simple programming…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Explore the accessible and profitable world of cloud mining with Inccrypto, the leading platform that allows users to remotely mine cryptocurrencies without any prior investment. Cloud mining is the process of mining cryptocurrencies using remote data centers, allowing users to rent processing power and mining hardware to mine cryptocurrencies without having to manage the hardware themselves. Mining hardware is owned and operated by cloud mining service providers, and users pay a fee for using the hardware and receive a…
One of the significant issues raised during the Olympic Stress Net release process is the large amount of data that clients need to store. In just over three months of operation, and especially in the last month, the amount of data in each Ethereum client’s blockchain folder has grown to a whopping 10 to 40 GB, depending on which client you are using and whether compression is enabled. . It is important to note that this is actually a stress testing scenario where users are encouraged to dump transactions on the blockchain, paying only free test ether as transaction fees,…
Ethereum price has begun a recovery above the $3,000 area. ETH has now surpassed the 100-hour simple moving average and faces a hurdle. Ethereum found support at $2,820 and began a recovery. The price is trading above $3,100 and the 100-hour simple moving average. The hourly chart of ETH/USD (data feed via Kraken) shows a major bullish trendline with support at $3,110. A break above the $3,165 resistance area could provide bullish momentum. Ethereum price is holding steady Ethereum price remained stable and, like Bitcoin, began a recovery above the $3,000 level. ETH was able to clear the $3,050 and…
Cred’s bankruptcy brings serious doubts to the surfaceThree former executives of now-bankrupt cryptocurrency lender Cred have been indicted on charges of wire fraud and money laundering, the U.S. Attorney’s Office for the Northern District of California announced. The charges come after the company declared bankruptcy in November 2020, sparking widespread concern and investigation.Billing DetailsProsecutors issued a statement on May 3, emphasizing the seriousness of the charges and their commitment to maintaining market integrity. Former CEO Daniel Schatt and CFO Joseph Podulka each face 13 charges, including wire fraud and money laundering. CCO James Alexander was indicted on four counts in…
The analyst, who continues to build a following through timely cryptocurrency calls, says his radar is fixed on three altcoins. pseudonymous trader The Crypto Dog says The 776,300 followers of social media platform “I think it’s NEAR. WIF and PEPE are my golden tickets right now.” Cryptocurrency Analyst On Near (NEAR) Called He unloaded some of his Bitcoin (BTC) and Ethereum holdings to accumulate ETH rivals. “You may have seen me trying NEAR last month. It didn’t resolve the overall market downturn, but it maintained a hunch that better performance would occur when the bottom was reached. I moved chunks…