The Russian government has started selling part of the 1,032 bitcoins seized from former investigator Marat Tambiev, convicted of taking bribes. Russian Authorities Seize Real Estate Belonging to Bribery-Convicted Official The Russian government has reportedly begun selling a portion of over 1,032 bitcoins (BTC) seized from a former investigator, Marat Tambiev, who was convicted of […] Source CryptoX Portal
Tag: Bitcoins
Bitcoin’s outlook faces headwinds amid stronger dollar: Matrixport
Bitcoin may face short-term pressure as tightening global liquidity, following the Trump re-election, suggests a potential pause in price gains, analysts warn. Crypto investors should get ready for a short-term slowdown as global liquidity tightens, Matrixport, Asia’s blockchain analysis hub, wrote in a Jan. 8 research note. According to crypto analyst Markus Thielen, the tightening comes after a stronger U.S. dollar following the Trump re-election, and historically, shifts in global liquidity tend to affect Bitcoin’s (BTC) price about 13 weeks later. As liquidity tightens, Bitcoin could enter a consolidation phase,…
Echoes of Bitcoin’s Genesis: Reflecting on 2024’s Rare 2009 Wallet Movements
2024 was an extraordinary year for bitcoin, marked by an event of historical significance: the movement of five block rewards from 2009, which had remained untouched since they were mined. Last Year’s Genesis Echo On Sept. 20, 2024, between block heights 862,079 and 862,087, five ancient coinbase rewards, collectively worth 250 BTC, were spent. Bitcoin […] Original
Bitcoin’s Early Bargains: How Early Bitcoiners Traded Fortunes for Everyday Luxuries
In an era where bitcoin (BTC) has become synonymous with substantial wealth, tales of its early days evoke both fascination and disbelief. Most are familiar with the now-legendary story of two pizzas purchased for 10,000 BTC—valued today at nearly $1 billion. However, the chronicles of bitcoin’s history are dotted with equally intriguing accounts of individuals […] Original
16 Years Later: How Bitcoin’s Genesis Block Sparked a New Era of Money
Sixteen years ago, the world witnessed the launch of a groundbreaking peer-to-peer electronic cash system, Bitcoin, by its enigmatic creator, Satoshi Nakamoto. This innovation sparked a revolution in how people perceive money, currency, and financial assets. Since the release of the Genesis block, over 877,000 blocks have been mined on the decentralized ledger network, marking […] Original
Mining Milestone: Bitcoin’s Hashrate Soars to Unprecedented Heights in the New Year
On the third day of 2025, Bitcoin’s hash rate soared, registering between 813 and 823 exahash per second (EH/s). This impressive peak is an ideal start to the New Year. Bitcoin Begins 2025 with an Unstoppable Surge The opening days of 2025 have ushered in new heights for Bitcoin’s hashrate. On Jan. 1, the cryptocurrency’s […] Original
Bitcoin’s December Shake-Up: Fewer Transactions, Record-Breaking Value
Excluding Dec. 1, daily transactions on the Bitcoin blockchain experienced a steep decline as the month unfolded. Between Dec. 2 and Dec. 31, a total of 12,105,415 transactions were recorded. Despite the drop, on Dec. 5, the network achieved a record high for the total dollar value of transactions processed in a single day in […] Original
Hyperbitcoinization and Supercycle Hype Heats Up: Is Bitcoin’s Four-Year Cycle Dead?
2024 has been a banner year for bitcoin, and this weekend on Reddit, the crypto community dove into a lively debate about the leading digital currency’s cycles. Bitcoin enthusiasts pondered whether the classic four-year halving cycle could lose its forecasting mojo. From Predictable Pasts to Revolutionary Futures Although bitcoin has ridden through numerous rollercoasters of […] Original
Bitcoin’s Global Price Tug-of-War: US Discounts, South Korea Premiums Soar
On Friday, as the weekend looms, bitcoin (BTC) is holding its ground at $96,751 per coin. Over at Coinbase, a curious twist has appeared over the past 11 days with a negative premium gap of $122, while South Korea is displaying a premium of 3.3% on bitcoin’s price. Bitcoin Price Divide Prior to bitcoin reaching […] Original
Matrixport outlines new risks that could challenge Bitcoin’s rally in 2025
Bitcoin’s next bull run could face headwinds from quantum computing advancements and shifting inflation dynamics, analysts warn. Singapore-based web3 firm Matrixport says there are still many risks that could disrupt Bitcoin’s (BTC) bull market in 2025. In a research note on Dec. 27, the firm pointed to Google’s “Willow” quantum chip with 105 qubits as reigniting discussions about potential threats to Bitcoin’s security. While the technology is still in its early innings, Matrixport noted that the “theoretical risks warrant attention.” Inflation expectations are also rising, partly due to possible tariffs…