‘I’ve moved on to other things’ — Satoshi Nakamoto’s final email revisited after 13 years
In the last known communication in 2011, Satoshi Nakamoto disclosed they had moved on to other things, handing over Bitcoin to the community.
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Arrington Capital to back Algorand projects with $100M growth fund
“The Arrington Algorand Growth Fund represents yet another key strategic pillar in supporting the momentum of those building on top of what we think is the best technical platform for regulated DeFi and the future of finance,” said Sean Ford, COO of Algorand. 1794 Total views 6 Total shares Support for the Algorand ecosystem appears…

Tom Lee: Bitcoin’s Price Moves in Tandem With S&P 500
Fundstrat Global Advisors co-founder Tom Lee has stated that Bitcoin (BTC) is positively correlated with the S&P 500 market index and is not a hedge against macro turmoil.Lee voiced his opinion during an interview with industry news outlet The Block published on Oct. 1.Bitcoin moves according to macro factorsDuring the interview, Lee admitted that his…

Rising Wedge Breakdown Threatens $7K Bitcoin Price Target
On Wednesday Bitcoin (BTC) price surged higher alongside traditional markets which were likely propelled by the Senate’s approval of the $2 trillion economic stimulus bill aimed at providing relief to businesses and workers impacted by the coronavirus pandemic. The price rejected at $6,959, just a stretch away from $7,000 before pulling back to $6,491. Crypto market…

Bitcoin Price Drop to $8.9K Caused by Whales Selling at Major Exchanges
As the weekly open commenced Bitcoin price dropped below $9,000 in a rapid pullback, liquidating $30 million in longs on BitMEX alone. According to market data, part of the sell off was the movement of crypto whales closing positions which led to panic selling among retail investors.Whales—individual investors that hold an immense amount of Bitcoin—have…

US State of Colorado Passes Crypto Exemptions Bill Into Law
The governor of the State of Colorado, Jared S. Polis has signed the “Colorado Digital Token Act” into law, according to a document published on March 6.The act — which was initially proposed in January and sponsored at the state Senate level by Republican Jack Tate and Democrat Steve Fenberg — provides limited exemptions for…

Chinese Crypto Mine Stop or Stall Operations Due to Coronavirus Outbreak
Due to the Coronavirus outbreak in China, the government has taken a series of measurements to keep the situation under control. Businesses are being affected across the nation. With the existing quarantine control, people are staying right at where they are and not be able to return to their work. A mining farm, in particular, is…

Bitfinex: The Rumors of “Insolvency”, Banking Partners’ Escape, and the Suspension of Fiat Deposits
On October 8, Hong-Kong-based exchange Bitfinex has announced that it is not under the immediate threat of insolvency and the related rumors are unsubstantiated, as well as false. According to the company’s press release, all cryptocurrency and fiat withdrawals are and have been processing as usual without the slightest interference.After some mild clarifications, tension is…

Report: Facebook’s Calibra Digital Wallet Will Not Be Available in Its Largest Markets
Facebook’s Calibra digital wallet will not be available in some of the social network’s largest markets, including India, according to a TechCrunch report on June 19.A spokesperson told the website:“The libra blockchain will be global, but it will be up to custo dial wallet providers to determine where they will and will not operate. Calibra won’t be available in U.S.-sanctioned…