Corporate Treasuries Bought 5,900 Bitcoin in Three Months
One company accounted for most of it. Glassnode puts the group's average entry at $80,500, about 6% above where bitcoin traded on Friday morning.
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A Paper Bitcoin Prototype Puts 1,000 Satoshis on a Banknote
A prototype circulating under the CryptoAxe name renders bitcoin as a paper banknote with a 1,000-satoshi face value, a printed serial number and portraits of Satoshi Nakamoto and Hal Finney. At Thursday's price that denomination came to about 77 cents.
CZ Says a $1 Million Bitcoin Will Not Take 25 Years to Arrive
Binance founder Changpeng Zhao told Bitcoin Asia in Hong Kong on 27 August that bitcoin will reach $1 million and that it will not take 25 years. He put payments at scale and pension money ahead of price.
Bitwise's Hougan Says Bitcoin Could Reach 25% of Gold's Market by 2035
Bitwise's Matt Hougan says it is reasonable to expect bitcoin to reach a quarter of gold's market by 2035, the base case behind the firm's $1.3 million price target for that year. Bitcoin sits a little over 5% of gold today.
Bitcoin Reserve Bill Clears Committee 28-21 to Lock 324,527 BTC
A bill approved 28-21 would move roughly 324,527 bitcoin already in federal hands into one reserve and bar any sale for at least 20 years. It now goes to the full House.
Two-Thirds of Bitcoin Sits With Individuals at 13.98 Million BTC
A conference pie chart puts 13.98 million BTC, or 66.6% of the 21 million cap, in individual hands. Treasury trackers match its fund and corporate slices almost exactly. Its government figure is the one that will not settle.
Bitcoin Barely Moves as the Fed Raises Rates 25 Basis Points
The federal funds target moved a quarter point on Wednesday, its first increase since July 2023. Three accounts of the same evening give three bitcoin prices.
Revolut Hackers Demand 6,000 Monero for 680 Customer Files
A group calling itself iamnotavillain set a 24-hour clock on data taken through a forged information request. Revolut says nobody has contacted it.
Celsius Estate Sues BitMEX for 6,360 Bitcoin Days Before It Closes
The administrator of Celsius's bankruptcy estate filed in New York on 12 September over March 2020 liquidations, eleven days before BitMEX stops trading.
Bitcoin Transfer Totals Differ Sixfold by Method, a BIS Paper Says
BIS Working Paper 1377 sets three ways of counting bitcoin transfer value against each other. The widest and the narrowest are a factor of six apart.
Post Puts $10,000 From the Covid Crash at $205,000 in Ethereum
A trading account's post ranks six assets by what $10,000 would be worth now if it had been bought in the March 2020 Covid crash. Ethereum leads at $205,000, ahead of altcoins at $195,000 and bitcoin at $130,000. Gold sits last at $28,500.
Willy Woo's Table Puts India First With 68 Million Bitcoin Owners
An on-chain table published on 1 September puts India ahead of every other country on bitcoin ownership, with 68 million holders and 4.6% of the population. The United States is second at about 50 million. By ownership rate India sits twelfth.