ADODA

Came across this weird meme PIPIDRIPDRIP in the crypto community on X (formerly Twitter) — didn’t get it at first, but it’s starting to pop up more and more. Might be something to keep an eye on

https://x.com/pipidripdrip?s=21
@pipidripdrip ( X )

#crypto #meme板块关注热点 #memecoin🚀🚀🚀 #Memecoins🤑🤑

Ripple insisted on adding $SOL to make the inclusion of $XRP “look more legitimate.”
Donald Trump will reveal new details about the composition of the reserve.
Former Morgan Stanley executive Michael Grimes is reportedly set to lead the National Wealth Fund.

Ripple Pushes for SOL in the U.S. Crypto Reserve
Executives from Ripple Labs have proposed to U.S. President Donald Trump that SOL be included in the Strategic Blockchain Reserve (SBR), which was announced on March 2. This move is aimed at making the addition of XRP appear more legitimate, according to sources cited by Unchained. Ripple CEO Brad Garlinghouse emphasized the importance of collaboration within the crypto industry. According to him, the Trump administration’s approach reflects a move towards a world with diverse blockchain solutions, “free from excessive maximalism.”

At the time of writing, XRP is trading at $2.54, up 2.9% in the past 24 hours (CoinGecko data).

Crypto Summit
The first-ever crypto summit will take place at the White House on March 7. The forum is expected to reveal new details about the reserve’s composition, which is likely to include ADA alongside XRP and SOL. U.S. Secretary of Commerce Howard Lutnick hinted that Bitcoin will receive a “special status” under Trump’s plans, while the general stance toward other cryptocurrencies will be “positive.” On the Polymarket prediction platform, the probability of XRP being included in the reserve is 29%, similar to SOL (28%). In comparison, the likelihood of Bitcoin being included is 65%, while Ethereum stands at 42%.
“We Will Win”
Cardano founder Charles Hoskinson stated in a livestream that he was unaware of Trump’s intention to include ADA in the crypto reserve.

A Dream for $BTC Maximalists?
Bitwise Chief Investment Officer Matt Hougan noted that market participants reacted skeptically to the inclusion of altcoins in the crypto reserve. According to him, adding small-cap assets to the SBR has “unnecessarily complicated the situation.” “When the dust settles, I suspect that the final reserve will consist almost entirely of Bitcoin, and it will be larger than people expect,” Hougan stated. The price of Bitcoin surged following the news of its inclusion in the SBR, but later dropped below $83,000 before rebounding to $91,384 on March 6.

The Collapse of Decentralization?
Solana co-founder Anatoly Yakovenko argues that the crypto reserve should not be created at all. According to him, if the government controls the SBR, it will “lead to the collapse of decentralization.”

“Either states manage their own reserves as a hedge against Federal Reserve mistakes, or the SBR should be based on objectively measurable requirements. […] If there’s a goal that needs to be achieved, the Solana ecosystem will handle it,” Yakovenko said.

At the time of writing, SOL is trading at $148.95, up 3.3% in the past 24 hours.
Trump’s Wealth Fund and Political Backlash
According to Reuters, former Morgan Stanley executive Michael Grimes is set to lead the proposed National Wealth Fund, which will be financed through revenues from foreign tariffs. Discussions are still ongoing, and a final decision has yet to be made. Meanwhile, on March 3, Euro Pacific Capital President and Bitcoin critic Peter Schiff urged Congress to investigate Trump’s actions, calling them the “biggest crypto scam in history.”

#BTC #xrp #solana #crypto

The U.S. president provided the first details about what a crypto reserve may look like. U.S. President Donald Trump named XRP, Solana (SOL) and Cardano (ADA) as three assets to be included in a U.S. strategic crypto reserve on Sunday, providing the first details about what such a reserve may look like. Notably, Trump did not mention Bitcoin (BTC) or Ethereum (ETH) — the two largest cryptocurrencies by market capitalization — in his statement, but he did not say the reserve would exclude these assets either. Trump made the announcement on Truth Social, his social media platform."A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA," Trump stated. "I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!" Following Trump's announcement, XRP, SOL, and ADA experienced significant price surges. Trump has been discussing the idea since his 2024 presidential campaign. Soon after taking office in January, Trump signed an executive order directing a working group to evaluate the formation of a strategic crypto reserve, but the order did not explicitly mandate that the U.S. establish one outright. Sen. Cynthia Lummis previously introduced a bill to create a strategic bitcoin reserve for the U.S. She first advocated for one at July's Bitcoin Nashville conference, where then-candidate Trump also spoke. The bill proposed by Lummis would have authorized the U.S. Treasury to acquire one million bitcoins over five years, equating to approximately 5% of the total Bitcoin supply. A number of U.S. state legislatures have already introduced bills to create their own strategic crypto reserves, though most of these efforts have failed to get off the ground.

#xrp $SOL #BTC #ADA #TRUMP

Eric Trump, the son of the current U.S. President Donald Trump, has urged investors to buy Bitcoin during the market downturn. In a post on X, he replaced the letter “B” in the word “Buy” with the $BTC ticker.

“Volatility is a gift for those who believe,” responded Michael Saylor, founder of Strategy (formerly MicroStrategy).
Some users hinted that, amid the prolonged market correction, they simply no longer had the funds to increase their positions.

Over the past 24 hours, Bitcoin has dropped by 7.5%. The asset is trading around $86,900, according to CoinGecko. The dominance index of digital gold in the cryptocurrency market has reached 60%. The last time such a high value was observed was in March 2021. Notably, on February 4, Eric Trump recommended buying $ETH following a major correction. At the time of writing, the Trump family’s company, World Liberty Financial (WLFI), holds $71.40 million in cryptocurrency.

#BTC #crypto #TRUMP #MicroStrategy

The digital currency market has witnessed fear, uncertainty and doubt (FUD). This was followed the Bybit hack, which caused volatility in the cryptocurrency space. This has affected crypto investment in the last few days, with $XRP outshining other assets.
XRP leads altcoin surge amid Bitcoin outflows
In an update by CoinShares, digital asset investment products recorded a net outflow of $508 million. This represents the money that left the crypto sector from institutional investors. Surprisingly, Bitcoin was the major contributor to the net outflow. On the contrary, XRP led with $38.3 million in inflows, suggesting investors are shifting their focus to altcoins with a specific interest in the coin. Analysts consider XRP’s strong inflows to indicate growing confidence in its future, possibly due to its almost-over legal battle with the United States Securities and Exchange Commission (SEC). Several asset managers have recently filed for XRP exchange-traded funds (ETF). In a significant development, Brazil has approved the first XRP ETF, which also signals positive sentiment for the coin’s ecosystem. Besides XRP, other altcoins that performed well were $SOL with a $8.9 million inflow, $ETH with $3.7 million and Sui (SUI) with $11.47 million. This move to altcoins signals a shift in investment patterns among investors.
Regional trends highlight European optimism
Bitcoin (BTC) contributed the highest outflow as the leading digital asset, which recorded $571 million, and shows that investors pulled back significantly. The funds pulled out of Bitcoin appear to have been invested into the altcoins.

Regarding regional trends, the U.S. also had the highest outflow, with a massive $60 million. This development aligns with broader economic uncertainties in the financial sector. However, crypto investment products from Germany and Switzerland had inflows of $30.5 million and $15.8 million, respectively. Analysts say this inflow pattern shows that European investors have more optimism toward crypto than American investors. Meanwhile, in terms of market performance, XRP is currently trading at $2.47, down by 3.38%, while BTC is down by 0.24% at $95,663.24.

#BTC #xrp #ETH #solana

Crypto investigator ZachXBT has reported suspicious outflows exceeding $1.46 billion from Bybit accounts. Shortly after, Bybit CEO Ben Zhou confirmed the exchange had been hacked. According to Zhou, only one wallet was affected, while all other funds remain secure, and withdrawals continue to function normally.

The breach occurred during a transfer of ETH from a cold multi-signature wallet to a hot wallet. Hackers altered the transaction signing interface, making it appear legitimate to all participants. However, the underlying smart contract logic was modified, giving the attackers control over the ETH wallet and allowing them to withdraw funds to an unidentified address.

Bybit is now investigating the incident alongside cybersecurity experts and industry partners, assuring users that their funds are safe.

How the Hack Unfolded
According to ZachXBT, the stolen mETH and stETH tokens have already been partially swapped for ETH via decentralized exchanges. The attackers then distributed 10,000 ETH across 36 wallets. ZachXBT urged crypto platforms to blacklist the suspicious addresses. 0xngmi, founder of DeFi Llama, noted that the methods used in this attack are similar to those in the July 2024 WazirX hack, where Indian exchange WazirX lost around $235 million due to transaction data manipulation.

The Bigger Picture
According to Chainalysis, total crypto-related fraud in 2024 reached at least $9.9 billion, highlighting ongoing security challenges in the industry.

#Bybit #ETH #Hack #crypto

American rapper Kanye West (Ye) is set to launch the YZY token, which will serve as a payment method for his Yeezy brand’s online store, according to CoinDesk sources. Reports indicate that 70% of the total token supply will remain with Ye, while 10% will be allocated for liquidity and 20% for investors.
Initially scheduled for launch on February 20, the release was pushed to February 21, according to a team member who wished to remain anonymous. Sources also revealed that the project was inspired by the TRUMP memecoin, recently launched by U.S. President Donald Trump. One of the key motivations behind YZY is to allow West to bypass platforms like Shopify, which cut ties with him following his controversial statements.

Concerns Over Token Structure
Crypto assets linked to celebrities and politicians often see a brief price surge before losing most of their value, leaving investors at a loss. The centralized distribution of YZY raises concerns about potential price volatility and a sudden crash. According to the project’s press release, Ye’s 70% allocation is structured through a multi-step vesting schedule, with a portion of the tokens locked for up to 12 months. Critics argue that such insider-heavy allocations primarily benefit founders rather than retail investors.

Avoiding the LIBRA Controversy
The launch of YZY has reportedly been delayed multiple times to avoid associations with the controversial LIBRA memecoin, which was indirectly linked to Argentine President Javier Milei. LIBRA, launched on Solana on February 14, triggered significant losses for investors. Data from Lookonchain showed that some traders suffered major losses twice, while analytics firm Nansen reported total losses of $251 million.

#CryptoNews #memecoin #CryptoInvesting #crypto #KANYEWEST

Microsoft has announced its first quantum chip, Majorana 1, built using a new topological conductor designed to stabilize Majorana particles. This breakthrough aims to create more robust and scalable quantum systems.The chip features 8 topological qubits. Microsoft expects its quantum solutions to become available via Azure by 2030. Executive Vice President Jason Zander stated: “We are talking about years, not decades.”

#Microsoft #QuantumComputing #tech #INNOVATION #Future

The U.S. Securities and Exchange Commission (SEC) could soon pause its appeal in the Ripple case. This prediction was made by John Reed Stark, a former director of the SEC’s Internet Enforcement Office. In a post on X, Stark suggested that the regulator might suspend all crypto-related appeals, including Ripple’s, or even withdraw them entirely. According to Stark, this shift is part of a broader change in SEC’s approach. The agency has already requested a two-month pause in its case against Binance and has softened its stance in the Coinbase lawsuit. The change in tone follows the appointment of Mark Uyeda as acting SEC chairman on January 20.

XRP ETF Gets Green Light in Brazil
While regulatory battles continue in the U.S., Brazil has taken a landmark step. The country’s securities regulator, CVM, has approved the world’s first spot XRP ETF. The fund, named HASHDEX NASDAQ XRP FUNDO DE ÍNDICE, has been registered and is preparing for its debut on the B3 stock exchange. Hashdex will manage the fund, with Genial Investimentos serving as its administrator. This move marks a major milestone for XRP’s institutional adoption globally, especially as investors in the U.S. await a potential XRP ETF approval.

Strategy Hits Pause on Bitcoin Buying
Adding to the week’s market shifts, Strategy (formerly MicroStrategy) made headlines after its chairman, Michael Saylor, revealed the company did not purchase any Bitcoin last week. On February 10, Strategy acquired 7,633 BTC, bringing its total holdings to 478,740 BTC at an average price of $65,033. However, the company has now paused further accumulation. Strategy’s stock has dropped over 13% in the past month, while Bitcoin’s price has stabilized around $96,000.

What Does It Mean for the Market?
The combination of SEC’s changing stance, Brazil’s approval of the first XRP ETF, and Strategy’s cautious approach to Bitcoin paints a mixed picture. XRP is gaining traction globally, but major institutional players are showing signs of hesitation as they await clearer market signals.

#XRP #Ripple #etf #SEC #MicroStrategy

Donald Trump shared a CoinDesk article on Truth Social about Ripple’s growing U.S. deals following his election victory. The post sparked excitement in the $XRP community, garnering 6.3K likes and over 260 comments, with many users declaring “XRP to the moon!” and suggesting it could become a U.S. reserve cryptocurrency.

Despite the buzz, XRP’s price held steady at $2.53. However, 24-hour trading volume jumped 26% to $5.5 billion, according to CoinMarketCap. Trump’s post came as Elon Musk’s Department of Government Efficiency (DOGE) increased pressure on the SEC, potentially influencing Ripple’s ongoing legal battle over alleged unregistered securities sales. There’s also growing anticipation of an XRP ETF approval. Last week, the SEC acknowledged a filing from the New York Stock Exchange and Grayscale, fueling optimism in the market.

#xrp #TRUMP #Ripple #DOGE #etf

The prediction platform Polymarket has opened bets on a potential audit of the US gold reserve by the Department of Government Efficiency (DOGE), led by Elon Musk. On February 16, Senator Rand Paul called on the billionaire to conduct an inspection of the precious metal storage at Fort Knox—the first audit since 1974. Musk supported the idea.

“This gold is the property of the American people. I really hope it’s still there!” wrote the head of DOGE.
As a result, two markets emerged on Polymarket: one for betting on whether the audit will take place by May 2025, and another forecasting its results. Users were skeptical about the likelihood of an independent audit. At the time of writing, the probability of it being conducted by the end of April was estimated at 40%.

As for the possibility that Fort Knox does not hold the declared 4600 tons of bullion, traders assigned a probability of only 21%.
Amid growing doubts about the integrity of the US gold reserve, Senator Cynthia Lummis once again called for the creation of a strategic bitcoin reserve. She emphasized that its status could be verified by anyone using a simple computer.

Agne Linge, Head of Development at WeFi, suggested to The Block that blockchain technology could be used to ensure the transparency of the gold reserve’s status. She referenced Musk’s expressed support for using the technology for financial oversight. Analysts at Bitfinex questioned whether President Donald Trump would agree to a public audit of the reserves, despite circulating conspiracy theories about their actual size.
“However, if evidence were obtained, it would have a significant impact on the dollar and negatively affect the economy as a whole,” they acknowledged.
Linge added that a potential shortfall would drive up gold prices, though temporarily. The price of the precious metal has hit an all-time high, exceeding $2,900 per ounce.

Goldman Sachs raised its annual price target for gold to $3,100. Analysts cited strong demand from central banks, according to Reuters. Increasing political uncertainty, including concerns over Trump’s tariff policies, could push the price to $3,300, experts suggested. Recall that, according to US Federal Reserve Chairman Jerome Powell, bitcoin is a competitor not to the dollar, but to gold.

#GOLD #Polymarket #DOGE #ElonMusk

When the $LIBRA token skyrocketed following an endorsement from Argentina’s President Javier Milei — only to crash just as quickly — it seemed like another classic pump-and-dump scheme. But blockchain data revealed something far more intriguing. The trail led to another token — $MELANIA, linked to former U.S. First Lady Melania Trump.
Blockchain Doesn’t Lie: What the Transfers Revealed
Investigators traced a key wallet, 0xcEA, which profited from trading $MELANIA. That same wallet transferred funds to DEfcyK, the address identified as the launch point for $LIBRA.
The connection suggested that both politically charged meme coins — one tied to Trump’s circle, the other boosted by Milei — could have been coordinated by the same group.
Why This Matters
$MELANIA was launched in 2024 during Donald Trump’s election comeback.
$LIBRA gained traction after Milei’s public remarks supporting it.
Blockchain evidence links the funding behind both tokens.
Melania Trump’s Role
Melania Trump had already established her presence in the crypto space with NFT projects and public endorsements. The $MELANIA token leveraged her brand and political influence, attracting both supporters and speculators.
What’s Next?
The blockchain findings have triggered calls for further investigation. In Argentina, Milei is under growing scrutiny from political opponents accusing him of market manipulation.
This case underscores a growing trend: political figures and their inner circles increasingly intersect with cryptocurrency markets — and everyday investors are often left footing the bill.
Key Blockchain Data:
Wallet 0xcEA: Gained profits from $MELANIA.
Wallet DEfcyK: Identified as the launch source of $LIBRA.
Transfers between these wallets confirmed on-chain.

#libra #Melania #TRUMP #Milei #blockchain

The recent wave of $XRP ETF applications has sparked fresh interest in the asset, but their significance may go beyond simply launching a new investment product. These filings could represent an attempt to secure commodity status for XRP — a move that could have implications for both Ripple’s legal battle with the SEC and the broader market.
Potential Regulatory Shift
If $XRP is recognized as a commodity, regulatory oversight would likely shift from the SEC to the CFTC. Market participants often view the CFTC’s approach as more transparent and predictable.
For Ripple, this change could reduce regulatory pressure and clarify XRP’s legal standing in the US.
However, the CFTC’s oversight is not necessarily lenient — new requirements could emerge.

Institutional Access and Market Growth
Commodity classification could also facilitate the development of derivatives markets — futures, options, and ETFs, similar to Bitcoin’s trajectory.
This could improve liquidity and lower barriers for institutional investors.
Yet, expanding derivatives exposure could increase volatility in the short term.

Market Perception
A shift to commodity status may also influence investor perception. XRP’s association with legal uncertainty could gradually be replaced by a more utilitarian view — as a regulated asset for cross-border payments.
Still, achieving this status is not guaranteed, and the outcome of Ripple’s case with the SEC remains a key variable.

Looking Ahead
While commodity recognition could open new opportunities for XRP, the regulatory landscape remains complex.
For now, both legal and market uncertainties will likely continue to shape XRP’s future.

#xrp #Ripple #crypto #etf #CryptoMarket

#Bitcoin continues to test traders’ patience, trading within a tight range with little price movement. For several weeks, BTC/USD has remained stuck in its three-month range, showing no clear signs of either a breakout or a breakdown. Despite hitting an all-time high in January, the cryptocurrency has failed to hold above the critical psychological level of $100,000, fueling growing concerns among investors.

Market participants are closely watching the $90,000 support level. Some analysts believe that if this level is breached, $BTC could drop to around $88,000, triggering a wave of long position liquidations. Crypto trader CrypNuevo notes that a retest of the lower range near $91,000 would significantly increase the chances of a decline toward $88,000. He points out that many long positions have stop-loss orders below that level, which could lead to a sharp downward move. However, he also suggests that a swift rebound could occur if buyers step in aggressively.

Using liquidation data from Hyblock Capital, CrypNuevo highlights two key zones that could act as price magnets in the near term. He argues that since current price action is near the lower boundary of the range, it may present a buying opportunity for long positions. Additionally, he identified $99,200 as a level where a large number of liquidations are likely to occur. However, before that happens, he cautions that $BTC could first dip toward $93,300, where another cluster of liquidations is concentrated.

Short Squeeze on the Horizon?
Prominent liquidation-focused analyst TheKingfisher believes that a short squeeze is the most probable outcome in the coming days, especially if #BTC trades below $96,000 at the start of the new trading week. His view is echoed by Mikybull Crypto, who relies on alternative liquidation data from CoinGlass. He notes that the current price consolidation is accompanied by liquidity building above the current range, making a sudden upward breakout increasingly likely.

Key Resistance at $102,500
Trader CJ identifies the $102,500 zone as the next significant resistance level. He argues that if Bitcoin can break through this level, there’s potential for further upside toward $105,000, as liquidity and buyer interest are clustered in that range. CJ sees the $102,500 – $105,000 range as a critical area that could determine Bitcoin’s next major move. A clean breakout could open the door to $125,000, though he doesn’t rule out a scenario where BTC first dips to $80,000 before starting a new uptrend.
Macro Factors to Watch
The upcoming week will also bring important macroeconomic developments. U.S. markets will have a shortened trading week due to Presidents’ Day on February 17. Key events include the release of unemployment claims data and the Federal Reserve’s January meeting minutes. Traders are keeping a close eye on the Fed’s policy stance, as recent inflation data has been stronger than anticipated. This has led investors to scale back expectations for interest rate cuts in 2024. According to CME Group, the probability of even a 0.25% rate cut at the March Fed meeting currently stands at just 2.5%.

Minutes from the latest Fed meeting are likely to confirm the central bank’s commitment to curbing inflation. Additionally, several senior Fed officials are scheduled to speak this week, which could add volatility to the market. The Kobeissi Letter, a leading market commentary service, points out that U.S. stock indices remain near all-time highs, despite rising unemployment and signs of slowing economic growth. In particular, jobless claims in Washington state have surged by 55% over the past six weeks, surpassing levels seen during the 2008 financial crisis. However, this development has not yet had a noticeable impact on the cryptocurrency market.

Bearish Signals Emerging?
Some analysts are warning that Bitcoin could be entering a “bearish phase.”
A key indicator, the Inter-Exchange Flow Pulse (IFP), which tracks BTC flows between spot and derivatives exchanges, suggests that bearish sentiment may be growing. J.A. Maartunn, an analyst at CryptoQuant, explains that large #BTC inflows to derivatives exchanges typically signal a rise in long interest. Conversely, when BTC moves from derivatives platforms to spot exchanges, it can indicate bearish sentiment. Historically, Bitcoin’s price peaks have coincided with sharp increases in the IFP. However, this spike has been absent in the current cycle, suggesting that whale demand may be weakening.

Positive Signals Still Present
Despite these concerns, other CryptoQuant data suggests that the broader outlook remains positive. Darkfost, another analyst, points out that demand for BTC remains strong, even as the price consolidates between $90,000 – $105,000. He highlights the ratio of BTC inflows and outflows on exchanges, particularly its 30-day moving average, which continues to signal buying demand. This pattern, he notes, has historically marked the start of bull runs. Darkfost adds that exchange outflows could indicate accumulation, though he acknowledges that some of these movements may reflect internal transfers by centralized exchanges and institutional players.

Long-Term Holders Show “Euphoria”
Analysts are also watching the Net Unrealized Profit/Loss (NUPL) metric for long-term BTC holders. This indicator measures unrealized profits and losses among investors holding BTC for over six months.

Over the past month, NUPL has remained in the “euphoria zone,” a level that has historically preceded local price tops. In previous market cycles, this phase has lasted between 228 and 450 days. The indicator remains in a critical range, suggesting that BTC could stay overbought for several months before any meaningful correction occurs.

What’s Next for Bitcoin?
The coming days could prove decisive for BTC. If a short squeeze scenario plays out, the price could briefly drop toward $88,000 – $80,000 before reversing. However, the possibility of a breakout toward $125,000 remains firmly on the table, should Bitcoin reclaim and hold key resistance levels.

#BTC #Bitcoin #crypto #trading #CryptoAnalysis

Co-founder of Twitter (now X) and Square (Block), Jack Dorsey, is allegedly the creator of Bitcoin under the pseudonym Satoshi Nakamoto. This theory was put forward by deBanked’s editor-in-chief, Sean Murray.

The expert compiled an extensive list of facts, dates, and coincidences that, in his view, support this claim.

According to Murray, Dorsey was interested in cypherpunk culture during his college years. He wore an RSA t-shirt by Hashcash creator Adam Back, received cryptographic newsletters, and his university course had a focus on cryptography.

In 2003, Dorsey published an autobiography in which he described hacking and working on cryptography at 4 a.m. Notably, all original Bitcoin code documents bear timestamps around the same hour.

Around that time, Dorsey also wrote about giving up his dependence on the US dollar and creating a barter network.

From September 2007 to January 2009, Dorsey’s Twitter profile stated that he was a sailor. Interestingly, the original Bitcoin code includes an old saying:
“Never go to sea with two chronometers — take one or three.”

On January 10, 2009, Satoshi accidentally logged into an IRC chat using a real IP address, revealing his location in California. At that time, Dorsey was also in California.

Murray highlighted several other notable coincidences:
• The first Bitcoin transaction took place on Dorsey’s mother’s birthday.
• Satoshi joined the Bitcoin forum on Dorsey’s own birthday.
• The last block mined by Bitcoin’s creator fell on Dorsey’s father’s birthday.

However, BitMEX Research analysts disagreed with this claim. They argue that determining the exact date when Satoshi stopped mining is difficult because the “Patoshi pattern” has degraded over time.

Satoshi used brute-forced Bitcoin addresses, some beginning with the letters NS, while one contained jD2m in the middle. Murray believes this is a reference to Dorsey’s San Francisco address: Jack Dorsey, 2 Mint Plaza.

Murray also pointed out that when Satoshi told his collaborator Martti Malmi that he was genuinely busy with work, Dorsey was deeply involved in launching his startup Square.

In December 2010, Satoshi advised on the Bitcoin forum not to donate cryptocurrency to Wikileaks. On December 14, Twitter received a subpoena demanding the release of all information about the non-profit organization. The day before, Satoshi disappeared from the chat.

In March 2011, Dorsey became Twitter’s Executive Chairman while remaining CEO of Square. He often admitted being very busy with both companies. Around a month later, Satoshi sent his final message, noted Murray.

In 2014, Satoshi’s email was hacked, and the attacker threatened to reveal his ties to St. Louis, Missouri. Notably, Dorsey is originally from St. Louis.

In 2020, journalist Lex Fridman asked Dorsey directly on his podcast if he was Satoshi. Dorsey replied that he would not admit it even if he were. Murray believes this contrasts with figures like Nick Szabo, Adam Back, and Hal Finney, who all directly denied such claims.

In July 2024, Dorsey posted on the decentralized platform Nostr:
“I often imagine Satoshi sitting somewhere, laughing at all of this.”

Later, he also thanked the late Hal Finney for his contributions.

“The belief that Satoshi never wanted to be found is something others have made up about him. Satoshi chose pseudonymity, not anonymity,” Murray noted, referring to Dorsey’s comments on Fridman’s podcast.

Earlier, an HBO documentary, Money Electric: The Bitcoin Mystery, named Canadian programmer Peter Todd as the creator of Bitcoin. Todd denied the claim and later went into hiding due to safety concerns.

#satoshiNakamato #bitcoin