Did Bitcoin's Creator Just Move 50 BTC? First Time Since 2009

Written by:
Aaron Goldstein
Published on:
May/21/2020

Rumors that Satoshi Nakamoto, Bitcoin's creator, had moved 50 BTC remain unsupported, claims Zack Voell of CoinDesk.

“Whale Alert,” a popular Twitter bot account that tracks on-chain transactions for multiple blockchains, tweeted that 40 BTC were transferred from a “possible Satoshi owned wallet.” The price dipped as the tweet quickly went viral.  

Commenting on the market’s reaction, Hunter Merghart, head of U.S. operations at Bitstamp, said sellers on the exchange “got good fast liquidity and buyers were there to fill it. Everything worked as designed.”  

See also: Price Drops 7% in an Hour After Bitcoin Sees a Ghost 

That the coins were old (mined in 2009) and inactive (not moved until Wednesday) is the only link possibly connecting them to Nakamoto. 

- Aaron Goldstein, Gambling911.com

Business/Financial News

Pay Per Heads Let You Move Your Own Betting Lines

“Full-service” is often times an overused term in business. While it is easy to find companies that make a habit of over-promising and under-delivering on the goods or services they sell, it is the rare company that does the exact opposite.

Bitcoin Surges Above $106,000 on Strategic Reserve Hopes

Bitcoin surged to a record high above $106,000 in early Asian trade on Monday, boosted by comments from President-elect Donald Trump that suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve.

Syndicate

Subscribe to Syndicate
More