Facebook X (Twitter) LinkedIn Telegram
    • About
    • Advertise
    • Submit Press Release
    • Contact
    Facebook X (Twitter) LinkedIn Telegram
    BlockonomiBlockonomi
    • Prices
      • All Coins
      • Bitcoin Price
      • Ethereum Price
      • Ripple Price
      • EOS Price
      • Litecoin Price
      • Monero Price
      • Binance Coin Price
      • Bitcoin Cash Price
      • Chainlink Price
      • Cardano Price
      • Stellar Price
      • Tron Price
    • Sections
      • All
      • Analysis
      • Bitcoin
      • Ethereum
      • Education
      • Trading
      • Buying
      • DeFi
      • NFTs
      • Metaverse
      • Exchanges
      • Brokers
      • Guides
      • Gaming
      • Privacy
      • Business
      • Finance
      • Fintech
      • Regulation
      • Security
    • Claim Free Crypto!
    • Gamble With Crypto!
    • Easily Buy Crypto!
    Home / About / Advertise / Submit Press Release
    BlockonomiBlockonomi
    News

    Bitcoin SV Gains 100% As Craig Wright Says He Has “Tulip Trust” Access

    Does Craig Wright have access to one million BTC (valued near $10 billion) ?
    Nick ChongBy Nick ChongJanuary 15, 2020No Comments4 Mins Read
    Telegram Twitter LinkedIn WhatsApp Facebook Email
    Bitcoin SV
    Share
    Facebook Twitter LinkedIn Email Telegram WhatsApp

    In 2008, Satoshi Nakamoto published the Bitcoin whitepaper to a cryptography mailing list at metzdowd.com. While this whitepaper and the subsequent original software that the coder released has developed into a multi-billion-dollar industry, with an array of cryptocurrencies and companies surrounding Bitcoin, nobody really knows who Nakamoto is.

    Nakamoto claims to be Japanese and around middle age, though it is known that this is a pseudonym and seemingly a guise to disguise their true identity.  One of the known facts about Nakamoto, though, is that they own a large sum of Bitcoin, having started mining the cryptocurrency in its early days to test out their creation.

    Thus, when individuals say that they are Nakamoto or have some affiliation with the creation of Bitcoin, the first many in the cryptocurrency community ask is if they can send transactions or sign messages from addresses linked to some of the blockchain’s earliest adopters.

    A claimant to the Satoshi Nakamoto name recently claimed in court that he has access to the Satoshi stash, purported by analysts to consist of over one million BTC (valued near $10 billion).

    Craig Wright Claims to Have Access to Satoshi’s Bitcoin

    Table of Contents

    • Craig Wright Claims to Have Access to Satoshi’s Bitcoin
    • BSV’s Rally Part Of Wider Crypto Surge

    Craig Wright, an Aussie programmer, has long claimed to be Satoshi Nakamoto, creator of Bitcoin. His claims to this title stretch back years, especially in one BBC interview, during which he tried to convince the world that he’s the one who created the first cryptocurrency.

    This claim has understandably put him in precarious situations. One of these being a legal case between himself and his now-deceased business partner’s brother, Ira Kleiman. Kleiman is suing Wright, claiming he stole Bitcoin and manipulated documents to steal from the estate of the brother.

    A key part of this case has been Wright’s Bitcoin holdings, especially in regards to what coins he owns and if he can access said coins.  If Wright really is Satoshi, a large sum of coins should be owned. But for the longest time, this was up for debate, with the individual not providing much evidence that he owns billions worth of BTC, except claiming there is a so-called “Tulip Trust.”

    But today, according to a new document filed to the case, Dr. Wright has notified “the Court that a third party has provided the necessary information and key slice to unlock the encrypted file, and Dr. Wright has produced a list of his bitcoin holdings, as ordered by the Magistrate Judge, to plaintiffs today.” 

    A separate document suggests that the list of Bitcoin holdings includes a list of 16,404 addresses, which presumably would hold thousands of coins.

    “The document produced by Craig is simply a list of 16,404 addresses.”
    ???????????? pic.twitter.com/NxPGowBuko

    — Steven (@Dogetoshi) January 15, 2020

    Due to this latest development, Bitcoin Satoshi Vision, a hardfork of the BTC chain through the BCH chain led by Wright and his team, was reported by data aggregators like CoinMarketCap to have gained a maximum of 150% on Tuesday, shocking investors.

    BSV’s Rally Part Of Wider Crypto Surge

    Bitcoin Satoshi Vision’s rally comes as the entire cryptocurrency market has seen stellar gains.

    As of the time of writing this article, Bitcoin — BTC, not BSV or BCH — is trading 8% higher on the day, finding itself changing hands for $8,880. Ethereum, Litecoin, EOS, Tron, and NEO have registered even crazier gains, rallying by around 15% a pop.

    Analysts say that this is a precursor to a return to a bullish phase.

    Mohit Sorout, a partner at Bitazu Capital, noted that with BTC’s latest spike higher, it has broken above two key downtrend resistances that have constrained price action for the past seven months.

    A wild new trend emerging on $BTC

    7k longs cozy. pic.twitter.com/TVoJB3yWVJ

    — Mohit Sorout ???? (@singhsoro) January 14, 2020

    Not to mention, the one-day Relative Strength Index (RSI) and On-Balance Volume (OBV) indicators have broken past similar downtrends, suggesting more upside is imminent, even if there is a price pullback.

    Advertise Here
    Nick Chong
    • Website
    • X (Twitter)
    • LinkedIn

    I am a writer who has been following the cryptocurrency space since 2013. My insights and interviews have been featured in leading publications in the industry such as LongHash, NewsBTC, and Decrypt. When I am not writing, I work as a team member of the EXODUS division of HTC, a Taiwanese electronics company. I own a small amount of Bitcoin. Contact NickC@blockonomi.com

    Related Posts

    Algorand’s Python Integration Set to Transform Blockchain App Development Forever

    December 8, 2023

    EOS Network – An Enterprise-Grade Blockchain Operating System

    November 29, 2023

    Former OneCoin Compliance Chief Pleads Guilty to Fraud and Money Laundering

    November 10, 2023

    Comments are closed.

    Coinbase Earn
    Advertise Here
    Gambling
    • mBit Casino
      VisitReview
    • BC Game
      VisitReview
    • Duelbits
      VisitReview
    • BitcoinCasino
      VisitReview
    • FortuneJack
      VisitReview
    • 1xBit
      VisitReview
    Exchanges
    • KuCoin
      VisitReview
    • Coinbase
      VisitReview
    • Binance
      VisitReview
    • PrimeXBT
      VisitReview
    Koinly
    Advertise Here
    Trading Bots
    • 3Commas
      VisitReview
    • Cryptohopper
      VisitReview
    • CoinRule
      VisitReview
    3commas Trading Bot
    Advertise Here
    All content on Blockonomi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate.
    Blockonomi™ Copyright © 2017 - 2023 Kooc Media Ltd. All rights reserved. Registered Company No.05695741
    Network: Moneycheck - Finance News / Beanstalk - NFT & Metaverse News
    • About
    • Contact
    • Deals
    • Advertise
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.