Thursday, April 25, 2024
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First Mover: Bitcoin Rattled By Transfer of Satoshi Coins That Might Not Be Satoshi’s

Even idle speculation that mysterious bitcoin founder Satoshi Nakamoto might be moving around a small batch of the cryptocurrency appeared sufficient to spook the market on Wednesday.  Bitcoin slid 2.3% on the day, retreating after a four-day rally and pushing the price down to about $9,500.You're reading First Mover, CryptoX's daily markets newsletter. Assembled

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Craig Wright Denies Transferring ‘Satoshi’ Coins, Leaving Him in Legal Catch-22

Bitcoin’s SV’s billionaire benefactor Calvin Ayre revealed Satoshi claimant Craig Wright has denied moving 50 BTC from a long-dormant address thought by some to belong to the Bitcoin founder. On Wednesday, an unknown party moved 50 BTC ⁠— roughly $486,000 worth — from an address containing coins mined barely one month

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Investor Sues Bitstamp and Gatehub Over Millions in Missing Coins

Canadian cryptocurrency investor, Salim Satir, has filed a lawsuit against cryptocurrency exchanges, Gatehub and Bitstamp, with the High Court of Justice of England and Wales over $4.9 in purported losses.The plaintiff claims that the losses resulted from misleading statements on Gatehub’s website purporting to detail its Bitcoin (BTC) to Ripple

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Top 10 Coins More Correlated Than Ever, but Decoupling From Gold

Black Thursday has triggered two new trends in Bitcoin’s relationship with other cryptocurrencies and gold.Historically, cryptocurrencies have been highly correlated with one another, especially the top ones. The correlation between cryptocurrencies and gold has been traditionally weak.Source: KaikoTwo new trends emergeSince Black Thursday, two new trends have emerged: the

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