Another Bitcoin Satoshi move, why?

Other Bitcoins from the crypto era of Satoshi Nakamoto moved today. Who will be behind the transactions?

Today the entire crypto market is shocked that another 50 Bitcoins (BTC) from the era of Satoshi Nakamoto moved according to Blockchain.com.
Bitcoin from the Satoshi Nakamoto Era

Over the past few weeks we’ve seen more and more Bitcoin from the Satoshi era awaken. Specifically, since the beginning of October, there have been two movements: The first was 50 BTC, and the second was 1,000 BTC.

But that’s not all. In May of this May, 50 BTCs were also moved.

Blockchain.com reported that these 50 BTCs were first transferred to the management on November 9th, 2010. This allows us to think that these coins were received as a reward for a miner.

Furthermore, the wallet where the Bitcoins were located had not made any transactions until today.

So, today the BTCs were transferred to three different addresses: two Bech32 (a SegWit format) and one P2SH. The transactions were 30.16, 12.48 and 7.34 BTC.

However, the news itself may not be very relevant but it has been an interesting topic of conversation in the crypto community and a mystery that many want to solve.

50 Bitcoins from the Satoshi Era Just Moved to Bitfinex

What moves active crypto?

eToro has published a report entitled „What Moves Crypto Active Prices“ which discusses what are the main factors that make crypto active move.

In addition to other findings, eToro found that crypto actives tend to increase most during a one week period after any type of announcement.

  • Bitcoin Whales Tend to Accumulate in Early Quarter
  • Grayscale raised $1 billion in investment products
  • Today Grayscale Investments released its quarterly report where it revealed that it has raised $1.05 billion in its investment products.

Among all its products, the Grayscale Bitcoin Trust leads with an inflow of just under $720 million in the last quarter. And, as expected, most of the investment comes from institutional investors.

Grayscale holds 2.4% of the total Bitcoin supply

Bitcoin friendly cities

Recently a report was published by Poker.org analyzing which cities in the United States were Bitcoin friendly.

What do you think are the most crypto-friendly cities? Well, it turns out that Los Angeles tops the list, followed by New York, San Jose, Houston, San Francisco, Boston, Fort Worth, Dallas, Seattle and Washington DC.

Bitcoin has no intrinsic value, says BoE Governor

In a few lines

CipherTrace published a useful guide for authorities who want to recognize when crypts are being used for criminal purposes.
According to ChainInfo, Coinbase has approximately 994,904 Bitcoin in cold storage.
Scam Alert noted that today the „giveaway“ scam claimed another victim after it sent a complete Bitcoin to an address linked to „teslafreegift.com.