Lawyer Files FOIA Complaint to Unmask Bitcoin Creator Satoshi Nakamoto
Cryptocurrency attorney James Murphy, also known as MetaLawMan, has taken legal action to compel the U.S. government to disclose information about Satoshi Nakamoto, the elusive creator of Bitcoin. This move reignites the long-standing mystery surrounding Bitcoin’s origins as the crypto industry continues to evolve.
Lawyer James Murphy Demands U.S. Government Reveal Info on Satoshi Nakamoto
The identity of Satoshi Nakamoto, the pseudonymous creator of Bitcoin (BTC), remains one of the greatest mysteries in technology history. Despite endless speculation, no concrete evidence has been presented. As the crypto ecosystem develops, interest in discovering the man or group behind this pseudonym continues to grow. Cryptocurrency attorney James Murphy, aka MetaLawMan, has filed a FOIA complaint against the U.S. government to reveal what it knows about Nakamoto. According to Murphy, a special agent of the DHS, Rana Saoud, allegedly stated in 2019 that they had met Nakamoto in California.
Bitcoin’s Resilience Impresses Wall Street Firm Bernstein
Bernstein, a Wall Street firm, has noted Bitcoin’s resilience during tariff chaos. Despite being down 26% from its record high less than three months ago, Bitcoin has shown more resilience compared to previous crises such as the Covid-19 epidemic and interest rate shocks, which saw drawdowns of 50-70%. The analysts led by Gautam Chhugani suggest that the demand for Bitcoin is coming from more resilient capital and attribute the strengthening of Bitcoin’s digital gold thesis to growing institutional adoption. However, tariffs are bad news for miners, impacting the mining supply chain.
Bitcoin Drops Again: Michael Saylor Might Sell His BTC
Michael Saylor, a prominent bitcoin advocate, has long been a staunch holder of BTC. However, a recent SEC filing reveals that MicroStrategy, the company he leads, might be forced to liquidate part or all of its 582,185 BTC due to a sharp drop in market value, potentially jeopardizing the company’s financial obligations. This turn of events raises questions about the limits of conviction in the face of financial and regulatory realities.
Crypto News: Panic Sets In, But Top Analyst Sees Bright Future
Cryptocurrency markets are experiencing heightened fear due to uncertainty surrounding tariffs and monetary policy. The crypto news cycle remains largely bearish. Despite this, analyst Dan Gambardello notes that Bitcoin is holding relatively strong at around $78,000, comparing it favorably to the COVID-19 market crash when Bitcoin dropped to $4,000. Gambardello draws parallels between the current market conditions and previous major market bottoms.
Bitcoin Price Targets $65k–$68k as Market Seeks Fair Value
Bitcoin (BTC) has recently broken away from a 133-day balance phase, initiating a bearish expansion that suggests the market is now seeking lower value areas. Price is currently trending toward a high-confluence support zone between $65,000 and $68,000. Exploring Bitcoin’s recent price developments through the lens of Auction Market Theory (AMT) offers valuable insight into both immediate and long-term expectations. As price action now trends lower, the search for fair value intensifies, and traders must be aware of the implications for strategy, sentiment, and structure.
