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While BTC’s Price Slid Lower, a Miner Spent an 11-Year-Old Block Reward from 2010 Worth $1.8M

While BTC’s Price Slid Lower, a Miner Spent an 11-Year-Old Block Reward from 2010 Worth .8MFollowing the large string of block rewards from 2010 spent in November 2021, no block rewards from that year were discovered in December and throughout the next month up until January 21. On Friday, an 11-year-old block reward originally mined on November 22, 2010, was transferred for the first time since being idle for more […]

FASB Fair Value Standard for Crypto Goes Live

Spending a String of 20,000 BTC — 2 Bitcoin Whale Transactions Move Over $1.2 Billion

Spending a String of 20,000 BTC — 2 Bitcoin Whale Transactions Move Over .2 BillionOn November 1, at block height 707,639, a blockchain parser caught two bitcoin whale transfers that moved approximately 19,876 bitcoin worth $1.2 billion in the mix of 2,819 transactions. Interestingly, the owner used a similar splitting mechanism the old school mining whale blockchain parsers caught, spending strings of 20 block rewards throughout 2020 and 2021. […]

FASB Fair Value Standard for Crypto Goes Live