Claim Giveaway Token Proof of Reserve

Satoshi May Active as Soon as Bitcoin Reaches 100K Dollars

Key Takeaways
  • The year 2024 brings anticipation of Satoshi Nakamoto's return, the mysterious creator of Bitcoin who has been inactive since 2011.
  • The SEC approved a spot Bitcoin ETF early in the year. Simultaneously, the Bitcoin Halving Event is underway, fueling investor optimism for a potential value exceeding $100,000 post-halving.
  • Bitcoin kicks off 2024 with a surge past $49,000 and SEC approval for a spot ETF, all eyes are on the concurrent Bitcoin Halving Event.
25-Jan-2024 By: Sudeep Saxena
Satoshi May Active a

Satoshi May Get Active After Bitcoin Halving Event

The year 2024 has begun on a positive note for Bitcoin, the most popular cryptocurrency dominating the market. Bitcoin achieved a significant milestone by surpassing the $49,000 level, marking a successful ascent from its highs over the past two years.

Additionally, in the early stages of this year, the spot Bitcoin ETF received approval from the SEC (Securities and Exchange Commission). Coincidentally, 2024 is also witnessing the Bitcoin Halving Event, an occurrence often associated with notable surges in BTC prices. Investors are optimistic, speculating that Bitcoin's value may exceed $100,000 post-halving.

Coingabbar suggests that significant events may unfold in the cryptocurrency market following the Bitcoin Halving Event. Notably, there are speculations about the potential return of Satoshi Nakamoto, the mysterious creator of Bitcoin, who has been inactive since 2011.

Satoshi Nakamoto was actively involved in the BitcoinTalk forum until 2011, when they announced their departure from working on Bitcoin, expressing intentions to focus on other technologies. However, with Bitcoin hitting the 15-year mark in 2024 and the Halving Event on the horizon, the positive indicators have led investors to hope for Satoshi Nakamoto's return.

Satoshi Nakamoto's Claimed Identity and Controversies

Several individuals have claimed to be Satoshi Nakamoto over the years. In 2008, Nakamoto released the Bitcoin white paper, and the cryptocurrency was launched in 2009. Despite being an enigmatic figure, various people have asserted their identity as Satoshi Nakamoto. Recently, we have also seen an event where a mystery buyer sent 26.91 BTC to Satoshi Nakamoto Address

One such claimant is computer scientist Craig Wright, embroiled in legal battles to prove his assertion. However, conclusive evidence establishing anyone as the true creator of Bitcoin remains elusive.

Some even speculate that the world's wealthiest individual, Elon Musk, might be Satoshi Nakamoto. To date, the true identity of Satoshi Nakamoto remains one of the biggest mysteries in the cryptocurrency world.

Also Read: Bitwise Reveal Wallet Addresses for Holdings in Spot BTC ETF

Related News
Related Blogs