đ ETH Rockets on Record Inflows as House Pushes Crypto Bills & Base Undergoes Major Revamp
Ethereum isn't just climbingâit's moonshotting. Institutional money floods in as Washington scrambles to regulate what it barely understands. Meanwhile, Base's overhaul proves Layer 2 isn't just scaling techâit's scaling ambition.
The Inflow Effect
Whales are gobbling up ETH like it's a post-dip fire sale. The smart money's betting on institutional adoption, and frankly, they've got better timing than your average 'buy high, sell low' retail trader.
DC Plays Catch-Up
Congress is finally drafting crypto legislationâonly about five years late. The bills could legitimize the space or strangle it with red tape. Place your bets now.
Base Levels Up
Coinbase's Layer 2 solution gets a ground-up rebuild. Faster, cheaper, slickerâeverything you'd expect from a team that actually understands crypto (unlike certain lawmakers).
Bottom line? The institutions are here, the regulators are panicking, and the builders are building. Just another day in crypto's relentless march forwardâWall Street suits optional.
Can Satoshi sell?
The exact identity of Satoshi Nakamoto is unknown, despite many attempts over the years to unmask the cryptocurrency creator.Â
An HBO documentary last fall claimed that Bitcoin Core developer Peter Todd was cryptoâs elusive inventor, but this theory was swatted away by viewers and Todd himself. Other early Bitcoiners like Adam Back and the late Hal Finney have been pegged as Satoshi, though both have denied the claims.
Others believe that Tesla CEO Elon Musk couldâve created Bitcoin, that a group rather than an individual is behind the technology, or that it was secretly government-created. Ultimately, no definitive answer has ever been reached.
ďťżâI think Satoshi was one person in terms of the number of entities that controlled his accounts, like the Bitcoin Talk Forum,â Econoalchemist, a pseudonymous Bitcoin miner, told Decrypt. âBut I do believe Satoshi was well-connected among cryptographers, researchers, and cypherpunks, and he Leveraged those relationships to build Bitcoin.â
Wallets believed to be owned by Satoshi have never moved any Bitcoin, per Arkham, which has led many to believe that they may not even be alive anymore. After all, why wouldnât you cash out at least a little bit, given Bitcoinâs immense gains?
But if the inventor isnât dead, then there isnât anything stopping him from selling.
âI do think Satoshi could still be alive, but I don't think he WOULD ever sell his coins,â Econoalchemist explained. âHe built an alternative cash system, and I don't believe he did that for the gains in the failed system Bitcoin was designed to replace.â
On Tuesday, a Bitcoin Improvement Proposal was submitted that seeks to change the blockchainâs software to protect against quantum computers cracking the code. Although the proposal would affect only 25% of all Bitcoinâincluding the BTC tied to Satoshiâits creators argue the unprecedented threat of quantum computing requires unprecedented action.
The proposal comes as experts are becoming more concerned that quantum computing could be used to crack the private keys to highly lucrative wallets within the next decade. If this were to happen, theoretically, not just Satoshiâs BTC but 25% of the total supply, as estimated by Deloitte, could be stolen and flood the market, resulting in a âliquidation event,â experts warned.