Whales' to Buy 15k BTC in 2 Months

100 largest unknown wallets contain almost 13% of all Bitcoins; during last 2 months they increased balances with 151,405 BTC
27 February 2019   677

Bear market can be not only a source of frustration for investors, but also a good opportunity to replenish their portfolios. According to BitInfoCharts the balance of the largest addresses over the past two months increased by more than 150,000 BTC (about $ 570 million at the current rate), Bitcoin.com reports.

The first five addresses on the list are known and are cold wallet exchanges Bittrex, Bitfinex, Bitstamp, Huobi and Binance. In the period from December 17, 2018 to February 25, 2019, their aggregate balance increased by 2,879 BTC and reached almost 574,000 BTC (about 2.17 billion).

Subsequent addresses in the Top 100 are also partly owned by smaller exchanges, but in most of them their owners are unknown. During this period, their balances increased by 151,405 BTC.

BTC rich list figures according to Bitinfocharts.com
BTC rich list figures according to Bitinfocharts.com

As can be seen from the table, at the moment the 100 most weighty addresses, not counting the five cold wallets of the exchanges mentioned, contain 12.91% of all the bitcoins in circulation.

Third group of wallets (1709 addresses), ranging from 1,000 BTC to 10,000 BTC is also woth attention. During these two months, their aggregate balance sheets fell by 135,449 BTC, which, most likely, went to larger players. Nevertheless, they still control about 25% of all bitcoins in circulation.

Casa to Launch Lightning Node Mobile App Called Sats

Casa to Launch Sats App With Lightning Network Support
04 July 2019   1224

Casa startup, specializing in the creation of secure storage systems for private keys, introduced a mobile bitcoin application Sats App, which makes it easy to manage Lightning-node.

Sats App is positioned as a non-custodial bitcoin wallet "with unique functions." According to Casa CEO Jeremy Welch, the SatsBack reward program will soon be launched, under which users will receive small amounts in BTC. For example, for connecting an application and a Casa Node device to each other, the user will receive 20,000 Satoshi.

Features are focused on increasing adoption of bitcoin and lightning nodes. You will be able to earn bitcoin if you don’t have a Casa node, but you will be able to earn bitcoin faster if you have a node.

Jeremy Welch 

CEO, Casa

He also added that the application, available for iOS and Android, is “secure, private and connects via Tor”.

According to CoinDesk, the startup earlier raised $ 3.5 million from Castle Island Ventures, Boost VC and Compound, and several other investors. Currently, a startup staff of 25 people serves users from 60 countries.