Bitcoin Highlights
14-Year-Old Dormant Wallet Transfers 2,000 BTC to Exchanges
A Bitcoin wallet from the Satoshi era, inactive for 14 years, transferred its entire holdings of 2,000 BTC ($178M) to major exchanges within 24 hours:
- 1,038.87 BTC ($92.93M) to Coinbase
- 591.46 BTC ($52M) to BitFlyer
- 369.66 BTC ($33.04M) to Bitstamp
👉 Tracking dormant BTC movements
U.S. Spot Bitcoin ETFs Hold 96% of Satoshi’s BTC
Bloomberg analyst Eric Balchunas reports that U.S. Bitcoin ETFs collectively hold 1.05M BTC, nearing the estimated holdings of Bitcoin’s anonymous creator, Satoshi Nakamoto.
VanEck Predicts $3M BTC by 2050 If Adopted as Reserve Asset
Matthew Sigel, VanEck’s Head of Digital Asset Research, projects $3M per BTC by 2050 if central banks allocate Bitcoin as a reserve asset, citing U.S. debt concerns.
Political Endorsements for Bitcoin
- Senator Cynthia Lummis proposes selling Federal Reserve gold to buy BTC.
- Pennsylvania introduces legislation to add BTC to state reserves.
Ethereum Updates
Beam Chain: Ethereum’s Consensus Layer Upgrade
EF researcher Justin Drake proposed Beam Chain, a 2025 upgrade to Ethereum’s consensus layer, enhancing security and performance without altering the roadmap.
ETH ETFs Break Trading Records
Spot Ethereum ETFs hit $1.63B in weekly trading volume, a 44% surge, marking their highest activity since August.
Key Developments
- Bitwise acquires staking provider Attestant.
- Fireblocks partners with South Korea’s NH Bank for crypto tax pilots.
- Franklin Templeton expands a $410M fund onto Ethereum.
Other Projects
ENS Labs Announces Namechain L2
ENS Labs plans to launch Namechain, an EVM-compatible ZK-rollup L2, by late 2025 to reduce domain operation costs.
Tether’s Hadron Platform
Tether’s new tokenization platform, Hadron, aims to streamline digital asset issuance for institutions and governments.
U.K. Explores Digital Bonds
The British Treasury will pilot DLT-based digital government bonds, aligning with crypto innovation strategies.
FAQ
Q: Why did the dormant wallet move BTC after 14 years?
A: Unknown. Possible reasons include estate planning or strategic selling.
Q: How does Beam Chain improve Ethereum?
A: It optimizes staking and block validation without disrupting existing protocols.
Q: Are Ethereum ETFs a good investment?
A: Trading volume growth signals rising institutional interest, but volatility remains.
Keyword integration: Bitcoin, Ethereum ETF, Tokenization, DLT, Staking, ZK-rollup, Reserve assets.
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