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.
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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.
Bitcoin Slides From $79,530 as the Clarity Act Misses 60 Senate Votes
Bitcoin fell from an overnight high of $79,530 to about $77,400 on Tuesday, hours before the Senate failed to advance the Digital Asset Market Clarity Act. The procedural vote needed 60. A widely shared post puts the later price far lower.
Bitcoin at $1.6T Is 1% of Global Money, a Conference Slide Says
A pie chart from a Bitcoin conference account splits $157 trillion of global money into eight wedges and gives Bitcoin 1% of it. The dollar wedge matches the Fed's July M2 print exactly. The gold wedge does not match the tracker this desk checked.
Bitcoin Holds Near $78,000 as an AI Warning Hits Chip Stocks
Nasdaq 100 futures fell more than 1.5% after a weekend essay argued for slower AI development. Bitcoin traded around $78,200 and 94 of the CoinDesk 100 rose.
Satsuma Leaves London and Returns £30.7M From Its Bitcoin Sale
The UK-listed treasury firm sold all 669.4867 BTC in July for £31.9 million. A court fixed the payout at £30,718,881 and the London listing was cancelled on Monday.
Bitcoin Suisse Cuts Up to Half Its Swiss Staff and Closes Copenhagen
Up to 60 of about 120 Swiss jobs go as software and back-office work moves to Bratislava and a new hub in Vietnam. Consultation closes on 20 September.
Revolut Handed KYC Files and Bitcoin Histories to a Forged Request
An email from a real government domain asked Revolut for customer data and the bank complied. Passports, selfies and full bitcoin transaction histories went out.
Coinbase's Armstrong Calls the Cycle Bottom With Bitcoin Near $78,000
Brian Armstrong told Bloomberg Television on 10 September that bitcoin's cycle low is already in, with the price near $78,000. A viral Instagram post builds a 2022 parallel on top of the call, and its central figure does not hold up.
Metaplanet Cancels 131 Million Shares From Its Executive Option Pool
The Series 10 pool falls from 319.5 million potential shares to 188.2 million, lifting bitcoin per diluted share about 8.8%. Shareholders had asked for more.
Bitcoin at $1.2M Would Match Dollar M2, a Viral Slide Deck Says
An Instagram deck prices the flippening at $214,000 per BTC for the pound and $2.8 million for the yuan. Checked against July and August M2 data and ECB reference rates, four of its six figures come close. The yen slide is the one that does not reconcile.