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Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

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Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

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By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

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ADVERTISEMENT
\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\"\"
Source: statista.com<\/a><\/figcaption><\/figure>\n","post_title":"19th Million Bitcoin Has Been Mined","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"19th-million-bitcoin-has-been-mined","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/","post_modified":"2023-04-30 21:37:29","post_modified_gmt":"2023-04-30 11:37:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4215","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Number of Bitcoins in circulation worldwide from October 2009 to March 24, 2022
<\/h2>\n\n\n\n
\"\"
Source: statista.com<\/a><\/figcaption><\/figure>\n","post_title":"19th Million Bitcoin Has Been Mined","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"19th-million-bitcoin-has-been-mined","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/","post_modified":"2023-04-30 21:37:29","post_modified_gmt":"2023-04-30 11:37:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4215","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

This number of 19 million BTC being mined, shows the scarcity of the cryptocurrency. It highlights that it will get harder and harder to purchase coins as time goes on as adoption<\/a> rates rise and coins being mined into circulation shrink.<\/p>\n\n\n\n

Number of Bitcoins in circulation worldwide from October 2009 to March 24, 2022
<\/h2>\n\n\n\n
\"\"
Source: statista.com<\/a><\/figcaption><\/figure>\n","post_title":"19th Million Bitcoin Has Been Mined","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"19th-million-bitcoin-has-been-mined","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/","post_modified":"2023-04-30 21:37:29","post_modified_gmt":"2023-04-30 11:37:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4215","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Currently, each block that is mined rewards 6.25 BTC, the next halving where this number is cut in half is scheduled for 2024.<\/p>\n\n\n\n

This number of 19 million BTC being mined, shows the scarcity of the cryptocurrency. It highlights that it will get harder and harder to purchase coins as time goes on as adoption<\/a> rates rise and coins being mined into circulation shrink.<\/p>\n\n\n\n

Number of Bitcoins in circulation worldwide from October 2009 to March 24, 2022
<\/h2>\n\n\n\n
\"\"
Source: statista.com<\/a><\/figcaption><\/figure>\n","post_title":"19th Million Bitcoin Has Been Mined","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"19th-million-bitcoin-has-been-mined","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/","post_modified":"2023-04-30 21:37:29","post_modified_gmt":"2023-04-30 11:37:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4215","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/APompliano\/status\/1509930836417826817?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1509930836417826817%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fjust-2-million-bitcoin-left-bitcoin-hits-the-19-million-milestone\n<\/div><\/figure>\n\n\n\n

Currently, each block that is mined rewards 6.25 BTC, the next halving where this number is cut in half is scheduled for 2024.<\/p>\n\n\n\n

This number of 19 million BTC being mined, shows the scarcity of the cryptocurrency. It highlights that it will get harder and harder to purchase coins as time goes on as adoption<\/a> rates rise and coins being mined into circulation shrink.<\/p>\n\n\n\n

Number of Bitcoins in circulation worldwide from October 2009 to March 24, 2022
<\/h2>\n\n\n\n
\"\"
Source: statista.com<\/a><\/figcaption><\/figure>\n","post_title":"19th Million Bitcoin Has Been Mined","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"19th-million-bitcoin-has-been-mined","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/","post_modified":"2023-04-30 21:37:29","post_modified_gmt":"2023-04-30 11:37:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4215","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The 2 millionth block (Block 730002<\/a>) was mined<\/a> by SBI Crypto. The rewards earned by SBI Crypto were 6.32 BTC, equalling roughly $293,000.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/APompliano\/status\/1509930836417826817?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1509930836417826817%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fjust-2-million-bitcoin-left-bitcoin-hits-the-19-million-milestone\n<\/div><\/figure>\n\n\n\n

Currently, each block that is mined rewards 6.25 BTC, the next halving where this number is cut in half is scheduled for 2024.<\/p>\n\n\n\n

This number of 19 million BTC being mined, shows the scarcity of the cryptocurrency. It highlights that it will get harder and harder to purchase coins as time goes on as adoption<\/a> rates rise and coins being mined into circulation shrink.<\/p>\n\n\n\n

Number of Bitcoins in circulation worldwide from October 2009 to March 24, 2022
<\/h2>\n\n\n\n
\"\"
Source: statista.com<\/a><\/figcaption><\/figure>\n","post_title":"19th Million Bitcoin Has Been Mined","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"19th-million-bitcoin-has-been-mined","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/","post_modified":"2023-04-30 21:37:29","post_modified_gmt":"2023-04-30 11:37:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4215","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

There is 19 million Bitcoin in circulation, with only 2 million Bitcoin yet to be mined until around the year 2140.\u00a0<\/p>\n\n\n\n

The 2 millionth block (Block 730002<\/a>) was mined<\/a> by SBI Crypto. The rewards earned by SBI Crypto were 6.32 BTC, equalling roughly $293,000.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/APompliano\/status\/1509930836417826817?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1509930836417826817%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fjust-2-million-bitcoin-left-bitcoin-hits-the-19-million-milestone\n<\/div><\/figure>\n\n\n\n

Currently, each block that is mined rewards 6.25 BTC, the next halving where this number is cut in half is scheduled for 2024.<\/p>\n\n\n\n

This number of 19 million BTC being mined, shows the scarcity of the cryptocurrency. It highlights that it will get harder and harder to purchase coins as time goes on as adoption<\/a> rates rise and coins being mined into circulation shrink.<\/p>\n\n\n\n

Number of Bitcoins in circulation worldwide from October 2009 to March 24, 2022
<\/h2>\n\n\n\n
\"\"
Source: statista.com<\/a><\/figcaption><\/figure>\n","post_title":"19th Million Bitcoin Has Been Mined","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"19th-million-bitcoin-has-been-mined","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/","post_modified":"2023-04-30 21:37:29","post_modified_gmt":"2023-04-30 11:37:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4215","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The 19th Million Bitcoin ($BTC<\/a>) has been mined.<\/p>\n\n\n\n

There is 19 million Bitcoin in circulation, with only 2 million Bitcoin yet to be mined until around the year 2140.\u00a0<\/p>\n\n\n\n

The 2 millionth block (Block 730002<\/a>) was mined<\/a> by SBI Crypto. The rewards earned by SBI Crypto were 6.32 BTC, equalling roughly $293,000.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/APompliano\/status\/1509930836417826817?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1509930836417826817%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fjust-2-million-bitcoin-left-bitcoin-hits-the-19-million-milestone\n<\/div><\/figure>\n\n\n\n

Currently, each block that is mined rewards 6.25 BTC, the next halving where this number is cut in half is scheduled for 2024.<\/p>\n\n\n\n

This number of 19 million BTC being mined, shows the scarcity of the cryptocurrency. It highlights that it will get harder and harder to purchase coins as time goes on as adoption<\/a> rates rise and coins being mined into circulation shrink.<\/p>\n\n\n\n

Number of Bitcoins in circulation worldwide from October 2009 to March 24, 2022
<\/h2>\n\n\n\n
\"\"
Source: statista.com<\/a><\/figcaption><\/figure>\n","post_title":"19th Million Bitcoin Has Been Mined","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"19th-million-bitcoin-has-been-mined","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/","post_modified":"2023-04-30 21:37:29","post_modified_gmt":"2023-04-30 11:37:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4215","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

LFG is well on its way to the goal of $10 billion worth of BTC in its reserves. Is this a goal achievable this year, or for the coming years?<\/p>\n","post_title":"Luna Foundation Treasury Has Stockpiled Almost 40,000 BTC","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"luna-foundation-treasury-has-stockpiled-almost-40000-btc","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:18","post_modified_gmt":"2023-04-30 11:37:18","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4298","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4215,"post_author":"1","post_date":"2022-04-03 21:54:05","post_date_gmt":"2022-04-03 11:54:05","post_content":"\n

The 19th Million Bitcoin ($BTC<\/a>) has been mined.<\/p>\n\n\n\n

There is 19 million Bitcoin in circulation, with only 2 million Bitcoin yet to be mined until around the year 2140.\u00a0<\/p>\n\n\n\n

The 2 millionth block (Block 730002<\/a>) was mined<\/a> by SBI Crypto. The rewards earned by SBI Crypto were 6.32 BTC, equalling roughly $293,000.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/APompliano\/status\/1509930836417826817?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1509930836417826817%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fjust-2-million-bitcoin-left-bitcoin-hits-the-19-million-milestone\n<\/div><\/figure>\n\n\n\n

Currently, each block that is mined rewards 6.25 BTC, the next halving where this number is cut in half is scheduled for 2024.<\/p>\n\n\n\n

This number of 19 million BTC being mined, shows the scarcity of the cryptocurrency. It highlights that it will get harder and harder to purchase coins as time goes on as adoption<\/a> rates rise and coins being mined into circulation shrink.<\/p>\n\n\n\n

Number of Bitcoins in circulation worldwide from October 2009 to March 24, 2022
<\/h2>\n\n\n\n
\"\"
Source: statista.com<\/a><\/figcaption><\/figure>\n","post_title":"19th Million Bitcoin Has Been Mined","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"19th-million-bitcoin-has-been-mined","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/","post_modified":"2023-04-30 21:37:29","post_modified_gmt":"2023-04-30 11:37:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4215","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n
\nhttps:\/\/twitter.com\/stablekwon\/status\/1503296630396645376\n<\/div><\/figure>\n\n\n\n

LFG is well on its way to the goal of $10 billion worth of BTC in its reserves. Is this a goal achievable this year, or for the coming years?<\/p>\n","post_title":"Luna Foundation Treasury Has Stockpiled Almost 40,000 BTC","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"luna-foundation-treasury-has-stockpiled-almost-40000-btc","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:18","post_modified_gmt":"2023-04-30 11:37:18","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4298","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4215,"post_author":"1","post_date":"2022-04-03 21:54:05","post_date_gmt":"2022-04-03 11:54:05","post_content":"\n

The 19th Million Bitcoin ($BTC<\/a>) has been mined.<\/p>\n\n\n\n

There is 19 million Bitcoin in circulation, with only 2 million Bitcoin yet to be mined until around the year 2140.\u00a0<\/p>\n\n\n\n

The 2 millionth block (Block 730002<\/a>) was mined<\/a> by SBI Crypto. The rewards earned by SBI Crypto were 6.32 BTC, equalling roughly $293,000.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/APompliano\/status\/1509930836417826817?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1509930836417826817%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fjust-2-million-bitcoin-left-bitcoin-hits-the-19-million-milestone\n<\/div><\/figure>\n\n\n\n

Currently, each block that is mined rewards 6.25 BTC, the next halving where this number is cut in half is scheduled for 2024.<\/p>\n\n\n\n

This number of 19 million BTC being mined, shows the scarcity of the cryptocurrency. It highlights that it will get harder and harder to purchase coins as time goes on as adoption<\/a> rates rise and coins being mined into circulation shrink.<\/p>\n\n\n\n

Number of Bitcoins in circulation worldwide from October 2009 to March 24, 2022
<\/h2>\n\n\n\n
\"\"
Source: statista.com<\/a><\/figcaption><\/figure>\n","post_title":"19th Million Bitcoin Has Been Mined","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"19th-million-bitcoin-has-been-mined","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/","post_modified":"2023-04-30 21:37:29","post_modified_gmt":"2023-04-30 11:37:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4215","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

Do Kwon, founder, and CEO of Terraform Labs, stated that the LFG plans to acquire over $10 billion in BTC. In hopes to \u201copen a new monetary era of the bitcoin standard.\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/stablekwon\/status\/1503296630396645376\n<\/div><\/figure>\n\n\n\n

LFG is well on its way to the goal of $10 billion worth of BTC in its reserves. Is this a goal achievable this year, or for the coming years?<\/p>\n","post_title":"Luna Foundation Treasury Has Stockpiled Almost 40,000 BTC","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"luna-foundation-treasury-has-stockpiled-almost-40000-btc","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:18","post_modified_gmt":"2023-04-30 11:37:18","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4298","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4215,"post_author":"1","post_date":"2022-04-03 21:54:05","post_date_gmt":"2022-04-03 11:54:05","post_content":"\n

The 19th Million Bitcoin ($BTC<\/a>) has been mined.<\/p>\n\n\n\n

There is 19 million Bitcoin in circulation, with only 2 million Bitcoin yet to be mined until around the year 2140.\u00a0<\/p>\n\n\n\n

The 2 millionth block (Block 730002<\/a>) was mined<\/a> by SBI Crypto. The rewards earned by SBI Crypto were 6.32 BTC, equalling roughly $293,000.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/APompliano\/status\/1509930836417826817?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1509930836417826817%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fjust-2-million-bitcoin-left-bitcoin-hits-the-19-million-milestone\n<\/div><\/figure>\n\n\n\n

Currently, each block that is mined rewards 6.25 BTC, the next halving where this number is cut in half is scheduled for 2024.<\/p>\n\n\n\n

This number of 19 million BTC being mined, shows the scarcity of the cryptocurrency. It highlights that it will get harder and harder to purchase coins as time goes on as adoption<\/a> rates rise and coins being mined into circulation shrink.<\/p>\n\n\n\n

Number of Bitcoins in circulation worldwide from October 2009 to March 24, 2022
<\/h2>\n\n\n\n
\"\"
Source: statista.com<\/a><\/figcaption><\/figure>\n","post_title":"19th Million Bitcoin Has Been Mined","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"19th-million-bitcoin-has-been-mined","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/","post_modified":"2023-04-30 21:37:29","post_modified_gmt":"2023-04-30 11:37:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4215","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

On April 8th it purchased $200 million in $AVAX<\/a>.<\/p>\n\n\n\n

Do Kwon, founder, and CEO of Terraform Labs, stated that the LFG plans to acquire over $10 billion in BTC. In hopes to \u201copen a new monetary era of the bitcoin standard.\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/stablekwon\/status\/1503296630396645376\n<\/div><\/figure>\n\n\n\n

LFG is well on its way to the goal of $10 billion worth of BTC in its reserves. Is this a goal achievable this year, or for the coming years?<\/p>\n","post_title":"Luna Foundation Treasury Has Stockpiled Almost 40,000 BTC","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"luna-foundation-treasury-has-stockpiled-almost-40000-btc","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:18","post_modified_gmt":"2023-04-30 11:37:18","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4298","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4215,"post_author":"1","post_date":"2022-04-03 21:54:05","post_date_gmt":"2022-04-03 11:54:05","post_content":"\n

The 19th Million Bitcoin ($BTC<\/a>) has been mined.<\/p>\n\n\n\n

There is 19 million Bitcoin in circulation, with only 2 million Bitcoin yet to be mined until around the year 2140.\u00a0<\/p>\n\n\n\n

The 2 millionth block (Block 730002<\/a>) was mined<\/a> by SBI Crypto. The rewards earned by SBI Crypto were 6.32 BTC, equalling roughly $293,000.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/APompliano\/status\/1509930836417826817?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1509930836417826817%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fjust-2-million-bitcoin-left-bitcoin-hits-the-19-million-milestone\n<\/div><\/figure>\n\n\n\n

Currently, each block that is mined rewards 6.25 BTC, the next halving where this number is cut in half is scheduled for 2024.<\/p>\n\n\n\n

This number of 19 million BTC being mined, shows the scarcity of the cryptocurrency. It highlights that it will get harder and harder to purchase coins as time goes on as adoption<\/a> rates rise and coins being mined into circulation shrink.<\/p>\n\n\n\n

Number of Bitcoins in circulation worldwide from October 2009 to March 24, 2022
<\/h2>\n\n\n\n
\"\"
Source: statista.com<\/a><\/figcaption><\/figure>\n","post_title":"19th Million Bitcoin Has Been Mined","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"19th-million-bitcoin-has-been-mined","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/","post_modified":"2023-04-30 21:37:29","post_modified_gmt":"2023-04-30 11:37:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4215","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

On April 6th it purchased $230 million of $BTC<\/a>.<\/p>\n\n\n\n

On April 8th it purchased $200 million in $AVAX<\/a>.<\/p>\n\n\n\n

Do Kwon, founder, and CEO of Terraform Labs, stated that the LFG plans to acquire over $10 billion in BTC. In hopes to \u201copen a new monetary era of the bitcoin standard.\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/stablekwon\/status\/1503296630396645376\n<\/div><\/figure>\n\n\n\n

LFG is well on its way to the goal of $10 billion worth of BTC in its reserves. Is this a goal achievable this year, or for the coming years?<\/p>\n","post_title":"Luna Foundation Treasury Has Stockpiled Almost 40,000 BTC","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"luna-foundation-treasury-has-stockpiled-almost-40000-btc","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:18","post_modified_gmt":"2023-04-30 11:37:18","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4298","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4215,"post_author":"1","post_date":"2022-04-03 21:54:05","post_date_gmt":"2022-04-03 11:54:05","post_content":"\n

The 19th Million Bitcoin ($BTC<\/a>) has been mined.<\/p>\n\n\n\n

There is 19 million Bitcoin in circulation, with only 2 million Bitcoin yet to be mined until around the year 2140.\u00a0<\/p>\n\n\n\n

The 2 millionth block (Block 730002<\/a>) was mined<\/a> by SBI Crypto. The rewards earned by SBI Crypto were 6.32 BTC, equalling roughly $293,000.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/APompliano\/status\/1509930836417826817?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1509930836417826817%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fjust-2-million-bitcoin-left-bitcoin-hits-the-19-million-milestone\n<\/div><\/figure>\n\n\n\n

Currently, each block that is mined rewards 6.25 BTC, the next halving where this number is cut in half is scheduled for 2024.<\/p>\n\n\n\n

This number of 19 million BTC being mined, shows the scarcity of the cryptocurrency. It highlights that it will get harder and harder to purchase coins as time goes on as adoption<\/a> rates rise and coins being mined into circulation shrink.<\/p>\n\n\n\n

Number of Bitcoins in circulation worldwide from October 2009 to March 24, 2022
<\/h2>\n\n\n\n
\"\"
Source: statista.com<\/a><\/figcaption><\/figure>\n","post_title":"19th Million Bitcoin Has Been Mined","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"19th-million-bitcoin-has-been-mined","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/","post_modified":"2023-04-30 21:37:29","post_modified_gmt":"2023-04-30 11:37:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4215","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The LFG wallet<\/a> holds 39,897.98 bitcoins. This stockpile is worth around $1.67 billion. The LFG has added over $400 million in assets to its treasury over the past week.<\/p>\n\n\n\n

On April 6th it purchased $230 million of $BTC<\/a>.<\/p>\n\n\n\n

On April 8th it purchased $200 million in $AVAX<\/a>.<\/p>\n\n\n\n

Do Kwon, founder, and CEO of Terraform Labs, stated that the LFG plans to acquire over $10 billion in BTC. In hopes to \u201copen a new monetary era of the bitcoin standard.\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/stablekwon\/status\/1503296630396645376\n<\/div><\/figure>\n\n\n\n

LFG is well on its way to the goal of $10 billion worth of BTC in its reserves. Is this a goal achievable this year, or for the coming years?<\/p>\n","post_title":"Luna Foundation Treasury Has Stockpiled Almost 40,000 BTC","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"luna-foundation-treasury-has-stockpiled-almost-40000-btc","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:18","post_modified_gmt":"2023-04-30 11:37:18","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4298","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4215,"post_author":"1","post_date":"2022-04-03 21:54:05","post_date_gmt":"2022-04-03 11:54:05","post_content":"\n

The 19th Million Bitcoin ($BTC<\/a>) has been mined.<\/p>\n\n\n\n

There is 19 million Bitcoin in circulation, with only 2 million Bitcoin yet to be mined until around the year 2140.\u00a0<\/p>\n\n\n\n

The 2 millionth block (Block 730002<\/a>) was mined<\/a> by SBI Crypto. The rewards earned by SBI Crypto were 6.32 BTC, equalling roughly $293,000.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/APompliano\/status\/1509930836417826817?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1509930836417826817%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fjust-2-million-bitcoin-left-bitcoin-hits-the-19-million-milestone\n<\/div><\/figure>\n\n\n\n

Currently, each block that is mined rewards 6.25 BTC, the next halving where this number is cut in half is scheduled for 2024.<\/p>\n\n\n\n

This number of 19 million BTC being mined, shows the scarcity of the cryptocurrency. It highlights that it will get harder and harder to purchase coins as time goes on as adoption<\/a> rates rise and coins being mined into circulation shrink.<\/p>\n\n\n\n

Number of Bitcoins in circulation worldwide from October 2009 to March 24, 2022
<\/h2>\n\n\n\n
\"\"
Source: statista.com<\/a><\/figcaption><\/figure>\n","post_title":"19th Million Bitcoin Has Been Mined","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"19th-million-bitcoin-has-been-mined","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/","post_modified":"2023-04-30 21:37:29","post_modified_gmt":"2023-04-30 11:37:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4215","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

The Luna Foundation Guard (LFG)<\/a>, the treasury backing the TerraUSD ($UST<\/a>) stablecoin<\/a>, holds almost 40,000 Bitcoins.<\/p>\n\n\n\n

The LFG wallet<\/a> holds 39,897.98 bitcoins. This stockpile is worth around $1.67 billion. The LFG has added over $400 million in assets to its treasury over the past week.<\/p>\n\n\n\n

On April 6th it purchased $230 million of $BTC<\/a>.<\/p>\n\n\n\n

On April 8th it purchased $200 million in $AVAX<\/a>.<\/p>\n\n\n\n

Do Kwon, founder, and CEO of Terraform Labs, stated that the LFG plans to acquire over $10 billion in BTC. In hopes to \u201copen a new monetary era of the bitcoin standard.\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/stablekwon\/status\/1503296630396645376\n<\/div><\/figure>\n\n\n\n

LFG is well on its way to the goal of $10 billion worth of BTC in its reserves. Is this a goal achievable this year, or for the coming years?<\/p>\n","post_title":"Luna Foundation Treasury Has Stockpiled Almost 40,000 BTC","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"luna-foundation-treasury-has-stockpiled-almost-40000-btc","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:18","post_modified_gmt":"2023-04-30 11:37:18","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4298","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4215,"post_author":"1","post_date":"2022-04-03 21:54:05","post_date_gmt":"2022-04-03 11:54:05","post_content":"\n

The 19th Million Bitcoin ($BTC<\/a>) has been mined.<\/p>\n\n\n\n

There is 19 million Bitcoin in circulation, with only 2 million Bitcoin yet to be mined until around the year 2140.\u00a0<\/p>\n\n\n\n

The 2 millionth block (Block 730002<\/a>) was mined<\/a> by SBI Crypto. The rewards earned by SBI Crypto were 6.32 BTC, equalling roughly $293,000.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/APompliano\/status\/1509930836417826817?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1509930836417826817%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fjust-2-million-bitcoin-left-bitcoin-hits-the-19-million-milestone\n<\/div><\/figure>\n\n\n\n

Currently, each block that is mined rewards 6.25 BTC, the next halving where this number is cut in half is scheduled for 2024.<\/p>\n\n\n\n

This number of 19 million BTC being mined, shows the scarcity of the cryptocurrency. It highlights that it will get harder and harder to purchase coins as time goes on as adoption<\/a> rates rise and coins being mined into circulation shrink.<\/p>\n\n\n\n

Number of Bitcoins in circulation worldwide from October 2009 to March 24, 2022
<\/h2>\n\n\n\n
\"\"
Source: statista.com<\/a><\/figcaption><\/figure>\n","post_title":"19th Million Bitcoin Has Been Mined","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"19th-million-bitcoin-has-been-mined","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/","post_modified":"2023-04-30 21:37:29","post_modified_gmt":"2023-04-30 11:37:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4215","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

1 … 18 19 20 21 22

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

Twitter Instagram Youtube LinkedIn Facebook RSS
ADVERTISEMENT
\n

<\/p>\n","post_title":"Australia To Launch Its First Bitcoin ETF","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"australia-to-launch-its-first-bitcoin-etf","to_ping":"","pinged":"","post_modified":"2023-04-11 00:21:16","post_modified_gmt":"2023-04-10 14:21:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4446","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4298,"post_author":"1","post_date":"2022-04-11 20:05:09","post_date_gmt":"2022-04-11 10:05:09","post_content":"\n

The Luna Foundation Guard (LFG)<\/a>, the treasury backing the TerraUSD ($UST<\/a>) stablecoin<\/a>, holds almost 40,000 Bitcoins.<\/p>\n\n\n\n

The LFG wallet<\/a> holds 39,897.98 bitcoins. This stockpile is worth around $1.67 billion. The LFG has added over $400 million in assets to its treasury over the past week.<\/p>\n\n\n\n

On April 6th it purchased $230 million of $BTC<\/a>.<\/p>\n\n\n\n

On April 8th it purchased $200 million in $AVAX<\/a>.<\/p>\n\n\n\n

Do Kwon, founder, and CEO of Terraform Labs, stated that the LFG plans to acquire over $10 billion in BTC. In hopes to \u201copen a new monetary era of the bitcoin standard.\u201d<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/stablekwon\/status\/1503296630396645376\n<\/div><\/figure>\n\n\n\n

LFG is well on its way to the goal of $10 billion worth of BTC in its reserves. Is this a goal achievable this year, or for the coming years?<\/p>\n","post_title":"Luna Foundation Treasury Has Stockpiled Almost 40,000 BTC","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"luna-foundation-treasury-has-stockpiled-almost-40000-btc","to_ping":"","pinged":"","post_modified":"2023-04-30 21:37:18","post_modified_gmt":"2023-04-30 11:37:18","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4298","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4215,"post_author":"1","post_date":"2022-04-03 21:54:05","post_date_gmt":"2022-04-03 11:54:05","post_content":"\n

The 19th Million Bitcoin ($BTC<\/a>) has been mined.<\/p>\n\n\n\n

There is 19 million Bitcoin in circulation, with only 2 million Bitcoin yet to be mined until around the year 2140.\u00a0<\/p>\n\n\n\n

The 2 millionth block (Block 730002<\/a>) was mined<\/a> by SBI Crypto. The rewards earned by SBI Crypto were 6.32 BTC, equalling roughly $293,000.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/APompliano\/status\/1509930836417826817?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1509930836417826817%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fjust-2-million-bitcoin-left-bitcoin-hits-the-19-million-milestone\n<\/div><\/figure>\n\n\n\n

Currently, each block that is mined rewards 6.25 BTC, the next halving where this number is cut in half is scheduled for 2024.<\/p>\n\n\n\n

This number of 19 million BTC being mined, shows the scarcity of the cryptocurrency. It highlights that it will get harder and harder to purchase coins as time goes on as adoption<\/a> rates rise and coins being mined into circulation shrink.<\/p>\n\n\n\n

Number of Bitcoins in circulation worldwide from October 2009 to March 24, 2022
<\/h2>\n\n\n\n
\"\"
Source: statista.com<\/a><\/figcaption><\/figure>\n","post_title":"19th Million Bitcoin Has Been Mined","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"19th-million-bitcoin-has-been-mined","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/cryptocurrency-mining\/","post_modified":"2023-04-30 21:37:29","post_modified_gmt":"2023-04-30 11:37:29","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4215","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4127,"post_author":"1","post_date":"2022-03-28 11:32:56","post_date_gmt":"2022-03-28 00:32:56","post_content":"\n

Bitcoin has pumped<\/a> to a high of $46,826. This is the coin's highest price since January 1st of this year when it reached $47,686.<\/p>\n\n\n\n

\"\"
Bitcoin Price Data (28th March) - Source: CoinMarketCap<\/a><\/figcaption><\/figure>\n\n\n\n

The breakout of Bitcoin can be linked to the socio-economics currently taking place in the world. With the war against Ukraine, crypto has become an outlet for war-torn victims who cannot safely use their fiat currencies.<\/p>\n\n\n\n

Ukraine has been able to utilize the decentralized nature of cryptocurrencies to gain support<\/a> for their country, compared to sites like GoFundMe where many pages have been blocked for violating their strict policies.<\/p>\n\n\n\n

Despite Bitcoin being down over 30% from all-time highs, the coin has traded relatively stable in 2022 according to its historical price data. The relationship between Bitcoin and the S&P500 has hit a 17 month high<\/a>, dictating the stability it has seen in comparison to other 'stable' investments.<\/p>\n","post_title":"Bitcoin Reaches $46,000 For First Time Since January","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"bitcoin-reaches-46000-for-first-time-since-january","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/ukraine-dao-launches-1-1-nft-to-raise-funds-to-help-war-torn-ukrainians\/","post_modified":"2023-04-11 12:50:26","post_modified_gmt":"2023-04-11 02:50:26","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4127","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4045,"post_author":"1","post_date":"2022-03-22 14:37:01","post_date_gmt":"2022-03-22 03:37:01","post_content":"\n

It has been 6 months since Bitcoin was recognized as legal tender<\/a> in El Salvador, the first country to legalize Bitcoin. Despite this, a large majority of companies in the country don\u2019t bother with crypto transactions. <\/p>\n\n\n\n

A mere 14% of businesses have transacted with Bitcoin as per an online survey<\/a> from the Chamber of Commerce and Industry of El Salvador, carried out from January 15th to February 9th of 2022. <\/p>\n\n\n\n

Out of 337 companies apart of the survey, 91% believe the adoption of Bitcoin had little impact on their sales, being \"indifferent for their business\". With only a very small 3.6% of companies affirming that Bitcoin has contributed to increasing their sales. Although 84% of the participants in the survey were micro, small, or medium-sized businesses. This may have made it a harder task to confirm whether or not Bitcoin was having an effect on sales or not.<\/p>\n\n\n\n

\"Bitcoin
Bitcoin Price Data<\/a> (March 16th to March 22nd) - CoinMarketCap<\/figcaption><\/figure>\n","post_title":"El Salvador Businesses Barely Impacted By Bitcoins Legality","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"el-salvador-businesses-barely-impacted-by-bitcoins-legality","to_ping":"","pinged":"","post_modified":"2023-04-11 12:51:16","post_modified_gmt":"2023-04-11 02:51:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4045","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4043,"post_author":"1","post_date":"2022-03-22 12:22:01","post_date_gmt":"2022-03-22 01:22:01","post_content":"\n

Deputy Minister of Communications and Multimedia Zahidi Zainul believes that Malaysia should accept Bitcoin and cryptocurrencies as a legal tender. <\/p>\n\n\n\n

Zainul put forward a proposal to accept Bitcoin as legal tender in the Malaysia Parliament on Monday. \"We hope the government can allow this,\" said Zaihidi \"We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them.\u201d <\/p>\n\n\n\n

Currently, Malaysia ranks 23rd on Chainalysis' 2021 Global Crypto Adoption Index<\/a>. This shows the country is comfortable with cryptocurrency transactions and could react well to the legalization of them.<\/p>\n\n\n\n

The way to legalize Bitcoin as legal tender was paved by El Salvador, who officially adopted Bitcoin<\/a> as legal tender in September of 2021. Although the adoption of Bitcoin in El Salvador according to business owners hasn't had much of an impact<\/a>. Currently, a mere 14% of businesses have transacted with Bitcoin.<\/p>\n\n\n\n

According to a Bloomberg report<\/a>, Malaysia's central bank hasn't announced any plans to adopt Bitcoin as a legal tender yet. Despite this in September 2021, Malaysia joined a trial for Project Dunbar<\/a>, with the Bank for International Settlements. In January the central bank\u00a0announced<\/a>\u00a0they were working on a proof of concept for a Central Bank Digital Currency (CBDC)<\/a>. <\/p>\n\n\n\n

Project Dunbar is testing the uses cases of CBDCs. Along with Malaysia, Australia, Singapore, and South Africa have also joined the project.<\/p>\n","post_title":"Malaysia Should Make Bitcoin Legal Tender Proposes Deputy Minister","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"malaysia-should-make-bitcoin-legal-tender-proposes-deputy-minister","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/crypto-essentials-central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/el-salvador-businesses-barely-impacted-by-bitcoins-legality\/","post_modified":"2023-04-11 12:51:39","post_modified_gmt":"2023-04-11 02:51:39","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4043","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":3836,"post_author":"1","post_date":"2022-03-08 19:11:16","post_date_gmt":"2022-03-08 08:11:16","post_content":"\n

A Bitcoin<\/a> wallet that has been non-active for over 8 years has been activated, according to Whale Alert<\/a>.<\/p>\n\n\n\n

Since it was last active in 2013, the Bitcoins were worth around US$355,000. <\/p>\n\n\n\n

Whereas now they are worth<\/a> around US$15,600,000. This means the holder made around a 4000% gain, not bad.<\/p>\n\n\n\n

\nhttps:\/\/twitter.com\/whale_alert\/status\/1500691936025493509?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1500691936025493509%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fd-33908213211268268891.ampproject.net%2F2202230359001%2Fframe.html\n<\/div><\/figure>\n\n\n\n

The transaction<\/a> shows that the Bitcoins were split amongst various wallets. This may mean that a total dump isn't in the eyes of the wallet's owner, not right now at least. <\/p>\n\n\n\n

Why Now?<\/h2>\n\n\n\n

The activation of the wallet is due to the times of turmoil within Europe following Russia's invasion<\/a> of Ukraine. Despite this fact, markets have actually recovered<\/a> to highs greater than prior to the invasion. Uncertainty of what is to come may have had an influence on the decision though.<\/p>\n\n\n\n

Alternatively, the Bitcoin whale may have finally been able to unlock it after many years. Many wallets dating back to 2011 have been activated recently, this comes with the question, are they linked with Satoshi Nakamoto?<\/p>\n\n\n\n

This begs the question, how many dormant wallets holding a huge amount of Bitcoin are out there, waiting to be activated.<\/p>\n\n\n\n

\n\n\n\n

Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling or holding of cryptocurrencies and digital assets.\u00a0<\/p>\n","post_title":"Whale Alert: Ancient Bitcoin Wallet Containing 407 $BTC Was Just Activated","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"whale-alert-ancient-bitcoin-wallet-containing-407-btc-was-just-activated","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/crypto-markets-collapse-in-reaction-to-russias-war-on-ukraine\/","post_modified":"2023-04-30 21:38:13","post_modified_gmt":"2023-04-30 11:38:13","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=3836","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

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