Dormant Bitcoin Wallets Moved $257M in Vintage BTC in September

October 1, 2024 Bitcoin.com

Bitcoin

With September now behind us, some surprisingly old bitcoins moved last month—250 BTC from January and February 2009 were spent for the first time in nearly 16 years. Over the course of the month, a total of 4,066.81 BTC from dormant bitcoin addresses, created between 2009 and 2017, were transferred. At current exchange rates, these […]

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Bitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending Slowed

September 2, 2024 Bitcoin.com

Bitcoin

Bitcoin faced a challenging August, with its price dipping by 8.6%. Data shows that although 84 previously inactive bitcoin wallets became active last month, the total amount of vintage BTC spent was lower in August than in July. Specifically, dormant wallets spent around 2,291 BTC from addresses that hadn’t been touched between 2011 and 2017. […]

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Institutional Liquidity Providers and OTC Desks Absorbed 88% of Germany’s Bitcoin Sales

July 14, 2024 Bitcoin.com

Arkham Intelligence

Institutional liquidity providers, market makers, and over-the-counter (OTC) trading desks, regardless of the term you choose, have taken in most of Germany’s bitcoin since sales began in June 2024. Data reveals that only a small amount of BTC was moved to centralized crypto exchanges like Coinbase, Kraken, and Bitstamp. Institutional Players Absorb Bulk of Germany’s […]

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Dormant 2013 Bitcoin Wallet Springs to Life, Moving Millions Amid Bearish Market

July 9, 2024 Bitcoin.com

2013 bitcoin

On July 9, 2024, a dormant bitcoin wallet transferred 149 BTC at block height 851,440 while bitcoin (BTC) was trading just below $58,000. The wallet, created on Nov. 20, 2013, had remained inactive for over ten years and seven months. At that time, bitcoin was valued at $644 per coin, making the entire cache worth […]

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Market Jitters: Germany Offloads 3,820 BTC in a Week, Impacting Crypto Sentiment

July 2, 2024 Bitcoin.com

Bitcoin

Over the past seven days, data reveals that the German government has transferred 3,820 BTC to cryptocurrency exchanges, with around 2,165.49 BTC moved in the last eight hours. German Government’s Bitcoin Transfers Cause Stir A week ago, Bitcoin.com News reported that the German government’s wallet, containing bitcoins seized from a piracy website, held 47,179 BTC […]

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US Government Transfers $243 Million in Seized Bitcoin to Coinbase

June 26, 2024 Bitcoin.com

US Government Transfers 3 Million in Seized Bitcoin to Coinbase

Bitcoin seizure

On June 26, 2024, the U.S. government transferred 3,940 bitcoins, valued at $243 million, originating from a darknet market dealer. This batch of BTC was directed to an exchange address tagged as Coinbase. U.S. Law Enforcement Moves 3,940 Bitcoin The U.S. government executed this transfer of 3,940 BTC valued at $243 million. This action by […]

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From $3 Billion to $2.83 Billion: German Government Transfers Another Cache of Bitcoin

June 25, 2024 Bitcoin.com

Bitcoin

According to data from Arkham Intelligence, since Jun. 23, 2024, the German government has moved 820 BTC, valued at slightly above $50 million. A substantial portion of these funds was directed to the centralized cryptocurrency exchanges Kraken and Coinbase. Bitcoin Wallet Linked to German Police Stirs Concerns A bitcoin wallet, reportedly linked to the German […]

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StarkWare launches $1M research fund for ZK Bitcoin scaling

June 4, 2024 Coin Telegraph

StarkWare launches M research fund for ZK Bitcoin scaling

$1 million fund

StarkWare’s fund seeks to promote research into OP_CAT and demonstrate its potential to unlock and benefit Bitcoin and the blockchain community in general.

StarkWare has announced ambitious plans to bring mass use to Bitcoin using zero-knowledge (ZK) technology backed by a $1 million research fund.

The initiative seeks to scale Bitcoin and Ethereum simultaneously using ZK technology — specifically, Scalable Transparent Argument of Knowledge (STARK) cryptography.

StarkWare’s announcement aims to further Satoshi Nakamoto’s vision by enabling everyday micropayments and creating a scalable solution to support global Bitcoin (BTC) transactions.

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Paypal Promotes Low-Carbon Bitcoin Mining With New Research Paper

April 23, 2024 Bitcoin.com

Bitcoin mining

Paypal, in collaboration with Energy Web and DMG Blockchain Solutions Inc., has introduced an approach to promote environmentally sustainable practices in bitcoin mining. This research-backed initiative encourages miners to utilize low-carbon energy sources by offering financial incentives. Paypal Blockchain Research Team Advocates for Low-Carbon Mining With Financial Incentives The rise of the Bitcoin network has […]

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Bitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days

February 23, 2024 Bitcoin.com

Bitcoin (BTC)

Data indicates that we’re 96% through the journey to the next Bitcoin halving event, with under two months remaining until the reward for mining a block is reduced from 6.25 to 3.125 bitcoins. Although it’s still premature to pinpoint the precise date—given the average ten-minute interval between blocks—the event is anticipated to take place in […]

BTC transactions