900 BTC worth $69.8M moves from unknown wallet to Bitfinex
A wallet of unknown origin transferred 900 BTC — approximately $69.8 million at current prices — directly to Bitfinex…
Bitcoin (BTC) is the first decentralized cryptocurrency, introduced in 2009 by an individual or group operating under the pseudonym Satoshi Nakamoto. It runs on its own blockchain, the Bitcoin network, secured through a Proof of Work consensus mechanism in which miners use computing power to validate transactions and produce new blocks roughly every ten minutes. The protocol defines a hard cap of 21 million coins, and the block reward given to miners is automatically halved approximately every four years, embedding a predictable, disinflationary issuance schedule into the network. This scarcity, combined with permissionless access and resistance to censorship, has led many to characterize Bitcoin as a form of digital gold or a store of value distinct from traditional fiat currencies. Beyond peer-to-peer transfers, the Bitcoin ecosystem has expanded to include Ordinals, a method of inscribing data onto individual satoshis that enables NFT-like assets directly on the base layer, and BRC-20, an experimental fungible token standard built on those inscriptions. Emerging Bitcoin Finance (BTCFi) initiatives extend these capabilities further, allowing BTC to be used in staking, lending, and cross-chain security applications, positioning Bitcoin as a foundation for a broader decentralized financial ecosystem.
A wallet of unknown origin transferred 900 BTC — approximately $69.8 million at current prices — directly to Bitfinex…
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A 1 BTC bounty was the prize for breaking 15-bit ECC — but the math extrapolates to roughly 500,000 qubits for 256-bit, with an estimated 6.9 million BTC sitting in address types that would need a…
Withdrawn from Bitfinex at $19,329, the 300 $BTC re-entry books a $17.6M paper gain — and deposits that size to a major exchange usually mean an intent to sell.
Nine consecutive sessions of net inflows and total assets back at $101B put the ETF complex back at the center of Bitcoin's test of the $80,000 region — but cost-basis data shows many recent buyers…
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
Bitcoin (BTC) launched on 2009-01-03.
Bitcoin (BTC) is categorised as: Smart Contract Platform, Layer 1 (L1), FTX Holdings.
The official Bitcoin site is http://www.bitcoin.org.
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