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Crypto

Bitcoin surge adds $15 billion to Satoshi holdings, dormant 14-year whale stirs

Bitcoin’s sharp rise has added about $15 billion in a short period to the value of bitcoin believed to be held by Satoshi Nakamoto. Bitcoin climbed from a low of $62,679 on Aug. 17 to as high as $81,265 on Aug. 24. Addresses tracked as linked to Satoshi hold 1,096,000 BTC, Arkham Intelligence data show. Separately, long-dormant wallets created around Satoshi’s last community activity have begun moving again, including a 40 BTC transfer after 14.2 years.

Crypto

Bitcoin $300,000 bull case raises need to address quantum risk, Charles Edwards says

A forecast that bitcoin could rise to $300,000 by 2029 is drawing attention to the need for quantum-computing defenses. Bernstein projected bitcoin could reach $150,000 in mid-2027 and $300,000 in 2029, citing a sovereign debt crisis and institutional demand. Capriole Investments founder Charles Edwards said the scenario depends on Bitcoin Core developers adopting quantum-resistant cryptography in time. He said quantum risk is already reflected in prices and could be suppressing bitcoin by about 30 percent.

Crypto

Bitcoin community stirred by puzzle wallet built on Satoshi\'s genesis block data

A puzzle wallet designed to help infer a private key using public data from Bitcoin’s genesis block mined by creator Satoshi Nakamoto has appeared on the Bitcoin blockchain. Galaxy Research analysts spotted related on-chain activity in block 963,629, including a 255-byte text in an OP_RETURN field and a 250-satoshi mining fee. The creator said the entropy is extremely low and also offered paid hints in return for bitcoin transfers.