$15M In Bitcoin Awakens From 10-Year Slumber As BTC Hits $116K
Bitcoin is back in the spotlight after reports confirmed that coins untouched since 2012 have been moved for the first time. Related Reading: Institutional Adoption Rises: 21X Brings Chainlink Into Europe’s Tokenized Securities Market The reactivation of an old wallet came at a moment when the market is already buzzing with strong ETF inflows and record levels of stablecoin liquidity. Wallet Reactivates After 13 Years According to Onchain Lens, the address that first received coins on November 26, 2012, moved 132.03 BTC in a single transaction. The transfer was worth about $15 million at....
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A group called Cyberfunks Alliance plans to hold a Bitcoin Awakens festival on November 6 to bridge the gap between bitcoin and the underbanked. Bitcoin Awakens will be held at the organization’s headquarters, Urban Co-Lab in Austin, Texas. The event is designed to help new users get oriented to acquiring and using bitcoin through a fun and interactive game. Cost to participate is $99 benefiting the Central Food Bank of Texas. Teams of three will solve up to 15 challenges throughout the city of Austin to reveal the coordinates of a secret location for a victory party in honor of the....
Star Wars tops entertainment headlines as the perennial favorite gets a thumbs-up from audiences around the world. As a cultural phenomenon with an international audience its record-breaking ticket sales comes at a time of diverging global social mood. Bitcoin’s prospects amid the current mood trend are examined. At the time of writing (Dec 25), Star Wars: The Force Awakens has generated $765mil revenue from worldwide tickets sales after a two-week run in theaters. Although worldwide sales are not setting any record, the movie will release in China during January 2016, and combined with....
Bitcoin is set for a bullish market, Ethereum is here to stay, traditional investment vehicles and cryptocurrencies will marry and Blockchain awareness shall grow globally, according to an expert. The year 2016 saw an influx of Blockchain startups, with Ethereum showing a lot of promise before the DAO breach. As 2017 begins, Bitcoin has broken the $1000 mark and will achieve a new level of market capitalization. Jason Cassidy, a Blockchain expert and president at CryptoConsultant.com, tells Cointelegraph his expectations within the crypto environment over the course of the year. The end of....
Billionaire Shark Tank investor Mark Cuban has shared his idea of what he will do when the price of bitcoin hits $1 million. Cuban says he will run for president but only if some bitcoins are donated to the Treasury so that every citizen receives some satoshis each year he is in office. He will require them to hold onto the coins for 10 years. Mark Cuban Envisions Running for President When Bitcoin Hits $1 Million Shark Tank star Mark Cuban tweeted about bitcoin and the U.S. presidential election Tuesday in reply to a thread started by the Virgin Galactic chairman Chamath Palihapitiya. The....
Bitcoin has woken up from its recent slumber. But a bull revival might need a break above $11,200.