Advertisement
AD

Main navigation

Satoshi Nakamoto 'Appears' on Times Square in New York City

Advertisement
Thu, 8/02/2024 - 8:50
Satoshi Nakamoto 'Appears' on Times Square in New York City
Cover image via www.freepik.com
Read U.TODAY on
Google News

A new crypto-related message just appeared on digital billboards in Times Square, New York City. The advertisement, funded by an anonymous donor and publicized by Colin Wu, a Chinese reporter and crypto insider, commemorates the 15th anniversary of the Bitcoin genesis block, the very foundation of the cryptocurrency's blockchain.

Advertisement

The message reads: "Satoshi Nakamoto: The Times 03/Jan/2009 Chancellor on brink of second bailout for banks." This excerpt from the headline of The Times newspaper, encoded into the genesis block, mentions the conditions that gave rise to Bitcoin. The ad's presence in one of the world's most iconic locations underscores the sweeping journey Bitcoin has embarked upon since its inception, gaining worldwide recognition and sparking a financial revolution.

Bitcoin's recent price performance amplifies the significance of this advertisement. Breaking through the $45,000 mark, the currency displays remarkable strength amid a backdrop of economic uncertainty. This rally is not just a technical victory but a testament to the enduring vision behind its creation.

Related
Major Bitcoin ETF Effect Revealed on Coinbase, Kraken and Bitstamp

On the technical front, Bitcoin has established firm support at the $42,000 level, a foundation that held strong against recent volatility surges. The resistance, now turned support, signifies bullish sentiment among investors, hinting at a possible continuation of the uptrend. The next major resistance lies near the $47,000 to $50,000 range, a breakthrough of which could signal further growth and a retesting of all-time highs.

If Bitcoin maintains its hold above the $45,000 level and garners support from both retail and institutional investors, we could witness a sustained upward trajectory. Positive market sentiment, fueled by the recognition of Bitcoin ETF's potential and its mainstream adoption, could further catalyze this ascent.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Sui Recognized as 2024 Blockchain Solution of the Year at AIBC Eurasia Awards
ElmonX Unveils ‘The Scream’ NFTs by Edvard Munch For The First Time Ever
World's First Bitcoin Layer 2 Conference to Unite East & West in Hong Kong, April 2024
Is Bitcoin Mining Legal? Regions in the World Where Mining Is Legally Permissible
Zircuit, New ZK-Rollup Focused on Security, Launches Staking Program
AI Analysis Launches The AIA Mastercard – The Future of Crypto-Fiat Transactions
VAP Group hosts the majestic Global Blockchain Show 2024 in Dubai
Digital Transformation Week Is Returning to Santa Clara This Summer
Arab Financial Services (AFS) Enter Strategic Alliance with Xpence to Innovate SME Financial Management in Bahrain
Breaking Records: UXLINK Attracts 978,000 New Web3 Wallet Registration with $78,000,000 Deposit asset from February 01 to February 22, 2024
What To Expect from The Bitcoin Halving in April 2024
Testnet Launch for dWallet Network - Composable Modular Signature Network
ETH Denver Top Builders Base by Supermoon, Cointelegraph, NDC, Horizen, & Conflux
Citrea, Bitcoin’s First ZK Rollup, Announces $2.7M Seed Funding
Chromia’s Flagship Game ‘My Neighbor Alice’ Unveils 2024 Roadmap
First-Ever ICO on Bitcoin Blockchain: $3.1M Raised in Under 6 Days
CoinList to Host the MASA Token Public Sale as it Unleashes the World’s Personal Data Network
Sui Reveals Initial Wave of Speakers, Famed Venue for First Annual Basecamp Event
Vitalik Buterin Comes to Taiwan as Keynote Speaker at ETHTaipei 2024
Elevating Europe’s Crypto Hub: Next Block Expo Returns to Poland
Our social media
There's a lot to see there, too

Popular articles