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FBI Breaks Silence About Bitcoin Creator Satoshi Nakamoto

Dave Troy, a prominent journalist, made a Freedom of Information Act (FOIA) request to the FBI seeking information on Satoshi Nakamoto, Bitcoin’s anonymous creator. The FBI responded, stating that Satoshi could be “one or more third-party individuals,” and it cannot confirm or deny the existence of records about them. According to Troy, this response is typical for requests concerning non-U.S. persons. He plans to appeal, aiming not to identify Nakamoto but to gain any information the FBI may have.

XRP Sees $12 Billion Surge: What’s Happening?

Recently, XRP experienced a significant increase in trading volume, growing by $12 billion. This rise suggests heightened market activity and could influence price movements. It indicates renewed interest in XRP, possibly due to changing institutional sentiment or large transactions. Despite the volume surge, XRP’s market cap dominance remains low at around 1.4%, hinting at a potential market shift as new participants enter.

Arthur Hayes Predicts Epic Altcoin Season, But Only After This

Arthur Hayes, cofounder of BitMex, shared his insights in an essay titled “Water, Water, Everywhere.” He anticipates a significant transformation in the crypto market, linking a decrease in funds in the reverse repurchase agreement (RRP) market to a potential rise in Bitcoin prices. Hayes believes Bitcoin could reach $100,000 soon and $1,000,000 in the future. He predicts a full altcoin season will occur only when Bitcoin and Ethereum exceed $70,000 and $4,000, respectively.

This article was originally published on U.Today