Analysis
NewsPrice and market
Binance Reopens Bitcoin Withdrawals From a New Wallet That Paid Out 8,801 BTC in 15 Blocks
Bitcoin was the first network back after the $6.3 billion hack, and the payouts are coming from a freshly generated address Binance has added to its proof of reserves. Through block 974,102 it sent 8,800.8 BTC to outside addresses. The hacked hot wallet has paid nothing, and the 18,270.2 stolen BTC have not moved.
Fiction series
The Parable of Your First Sat
A fiction built on real market data
A fiction series for people new to Bitcoin: Jake, 42, with a mortgage and a daughter, discovers bitcoin at the 2021 peak and gets nearly everything wrong. Real prices and dates, a new episode every Sunday.
Latest episode: S1 · Episode 7 · Continue
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Four pieces to understand what we measure and how.
Cycle and valuation
The Bitcoin Cycle Score Built on a Verifiable Node, Not Borrowed APIs
Privacy and self-custody
Managing Your Bitcoin in Practice: Custody, Inheritance and Taxes in Spain
Privacy and self-custody
How to Tell If Your Bitcoin Wallet Is Traceable
On-chain case work and in-depth technical tests are collected in research.
Cycle and valuation 27
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The Score's Liquidity Input Is One Weekly Fed Number: What the H.4.1 Total Assets Line Captures and What It Leaves Out
Our global-liquidity input is the Fed's total assets, read weekly from the H.4.1 release since 2015. Exact source, why it's Fed-only, and three divergences from Bitcoin.
Supply and holders 13
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Michael Saylor, Son of an Air Force Sergeant: "After 100 Years, They Could Have Paid for One Week or Two Weeks of MIT"
Before Strategy and bitcoin, Michael Saylor was a sergeant's son in an Air Force base duplex in Ohio. His family, his Fairborn friends, MIT, the day he lost $6.1 billion, and what his mother told him the night before.
Network and mining 16
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News
Calacanis Calls Bitcoin a 'Dead Network' as Miners Deliver a Second 5% Difficulty Rise
Jason Calacanis told his followers to dump bitcoin, predicted $57,000 and said it will never set another record. Three bitcoiners answered with $1 million bet offers. What our node shows about hashrate, difficulty, dormant coins and fees.
Price and market 20
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News
After the Freezes, Binance Still Has a $3.3 Billion Hole to Fill
Issuers have locked about $3 billion of the record Binance hack, mostly stablecoins. The rest, including 18,270 BTC parked in 19 wallets and hundreds of thousands of ETH, sits beyond anyone's freeze. Here is what Binance has promised to cover, what analysts say it can afford and what to watch before withdrawals reopen.
Privacy and self-custody 30
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News
Coinbase Says a Breach at Analytics Vendor Amplitude Exposed Some Customers' Contact Data
Coinbase denies it was breached and says customer funds are safe, but confirms an incident at its analytics vendor Amplitude reached contact data for "a small subset" of customers. The 70,000-plus figure circulating on X has not been confirmed by the company. The immediate risk is phishing.
