Satoshi’s $100B+ dormant Bitcoin stash: What happens if it finally moves
Satoshi’s $100-billion Bitcoin hoard remains untouched. In case it enters the market, it might have unexpected outcomes.
Satoshi’s $100-billion Bitcoin hoard remains untouched. In case it enters the market, it might have unexpected outcomes.
The crypto market plunge on Friday was partly due to crypto traders reaching an “all-time impatience” with the market,” says crypto trader Alex Becker.
The US-China talks will “be central” to crypto traders’ market moves in the short-term, sentiment platform Santiment said.
Stop reacting, start predicting: How AI spots whale moves that can make or break the market before anyone else notices.
The last time the Crypto Fear & Greed Index dropped to this level of fear, Bitcoin’s price was trading around $80,000.
An economist said Bitcoin declining more than 5% in October is “exceedingly rare,” and historically, the asset has usually rebounded within the following week.
Bitcoin analyst James Check stated that there is no reason for Bitcoin to retreat to $95,000, adding that if it does, the rally is likely over for some time.
The Irish Communications Interception and Lawful Access Bill is still in development, with drafting yet to occur, but the Global Encryption Coalition wants it scrapped now.
Financial institutions are quickly embracing the debasement trade as the US dollar weakens, which will drive massive gains in Bitcoin and gold, say commentators.
XRP’s value extends far beyond its price, powering fast remittances, loyalty rewards and institutional finance.
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