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Satoshi Loses $20 Billion as Bitcoin Tumbles $BTC The net worth of pseudonymous Bitcoin creator Satoshi Nakamoto has plunged by $20 billion, according to analytics platform Arkham. Despite the drop, he remains richer than Walmart heiress Alice Walton and Bloomberg L.P. co-founder Michael Bloomberg. Earlier this Friday, the price of the leading cryptocurrency careened to an intraday low of $103,856 before paring most of its losses. Satoshi's mysterious fortune Satoshi's Bitcoin riches were uncovered because of blockchain researcher Sergio Demian Lerner, who discovered that a single miner produced roughly 1.1 million BTC during the very first year of the cryptocurrency's existence. The blocks had a unique "nonce" pattern that made it possible to estimate Satoshi's total holdings. Despite ancient whales regularly waking up from hibernation, Satoshi's tokens have remained untouched. However, it is not certain that Satoshi continues to hold the tokens in question, given that some believe that the Bitcoin creator is no longer alive. The private keys that provide access to the vast BTC wealth might be gone forever if that is the case. Richest billionaires Satoshi's net worth briefly climbed above $130 billion at the beginning of the month when Bitcoin rallied to its current all-time high $126,080 The Forbes list of the wealthiest billionaires includes Elon Musk, Larry Ellison, Mark Zuckerberg, Jeff Bezos, and Larry Page, among other big names. Earlier, there was some speculation about whether or not Satoshi could becom the first trillionaire due to rapid Bitcoin price appreciation. That said, Musk is already halfway there, with his net worth recently surpassing $500 billion.
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Bitcoin Tanks and Stocks Stumble as China Accuses US of Spreading 'Misunderstanding and Panic' The leading cryptocurrency’s price fell below $108K on Thursday afternoon as friction between the world’s two largest economies intensified. $BTC Tanks, Stocks Bleed, After China Wags Finger at US Just a day after U.S. Treasury Secretary Scott Bessent declared “This is China versus the world,” in response to Beijing’s expansion of its rare earths export controls, Chinese Ministry of Commerce spokesperson He Yongqian clapped back and accused the U.S. of “deliberately creating unnecessary misunderstanding and panic.” Bitcoin fell below $108K and stocks slid into the red as news of the allegations spread. China already controls 90% of rare earth production, but in a bid to further exert its dominance, the country expanded export controls on rare earths last week. U.S. President Donald Trump was outraged and threatened to slap China with 100% tariffs. Beijing then moved to sanction five U.S. subsidiaries of Hanwha Ocean, a South Korean shipbuilder linked to the U.S. government. But are the Americans also engaging in their own form of chicanery? China thinks so. The U.S. recently invoked Section 301 of the U.S. Trade Act, which permits the government to retaliate against unfair trade practices. Washington tripled service fees on Chinese maritime vessels from $14 per net ton to $46 and proposed tariffs of up to 150% on several maritime items arriving at U.S. ports from China. Beijing countered with a comparable $56 per net ton fee on American ships. And now, after Bessent delivered scathing remarks on China’s tactics yesterday, even going as far as calling one of its trade representatives “slightly unhinged,” Beijing is speaking out and pointing the finger at Washington, accusing the Americans of spreading panic and turmoil in the markets. “The U.S. interpretation seriously distorts and exaggerates China’s measures, deliberately creating unnecessary misunderstanding and panic,” He Yongqian said during a press conference in Beijing.
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When You Buy the Dip… $BTC
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🚀 Countdown Begins! ⏳ $ZBT/USDT trading is about to go LIVE on #Binance! Get ready to trade the next big opportunity before the market moves! 💥 📅 Don’t miss the first candles — early entries often win big! #ZBT #CryptoTrading #BinanceSquare #Bullish #Altcoins
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$YB Should I wait or Sell Now.
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