Dear Subscriber,
Here are this week's top news impacting bitcoin and cryptocurrencies. | |  |
Three days ago, during our last markets update, bitcoin's price experienced a short-term correction all the way down to the $5,300 territory, on October 25th. Following the dip, the price rebounded the same day back to the $5,700 region and has since then continued sailing towards the $6K mark. Read more...
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Bitcoin's recent spike above $6000 USD has elevated the estimated value of Satoshi Nakamoto's holdings to more than $6 billion USD, qualifying the anonymous creator of bitcoin for Forbes' list of richest individuals. At current bitcoin prices, Satoshi Nakamoto's estimated 1,000,000 bitcoins would place bitcoin's founder at number 237 on Forbes' list. Read more...
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Many bitcoin investors use hardware devices, paper wallets, and multi-signature solutions to keep their wealth safe from online threats such as hackers and malicious viruses. However, there are more extreme cold storage options for those who have lots of bitcoins, like $100,000 worth of BTC or more. One such process, a method called the Glacier Protocol, provides a step-by-step high-security convention for bitcoin cold storage. Read more...
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