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Bitcoin Reaches New All-Time High Thanks to BlackRock
According to BILD, Bitcoin and Ethereum are experiencing a significant surge, with Bitcoin approaching its all-time high and Ethereum trading above 3,700 euros. The main driver behind this rally is the approval of several spot ETFs on Bitcoin by the US Securities and Exchange Commission, which has injected billions of capital into the market.
Experts highlight that this influx of institutional money is a key factor for the current price development. The article also notes that exclusive tips for entry and risks for investors are available for BILDplus subscribers.
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| Cryptocurrency | Current Price |
|---|---|
| Bitcoin | Near all-time high |
| Ethereum | Over 3,700 euros |
Summary: The approval of spot Bitcoin ETFs in the US, particularly those by BlackRock, has led to a new all-time high for Bitcoin and a strong rally for Ethereum, with billions flowing into the crypto market (Source: BILD).
Bitcoin Heist Unveiled: Now Worth 14.5 Billion US Dollars
Heise online reports on a massive Bitcoin theft that has only recently come to light. Cybercriminals stole 127,426 Bitcoins from the Chinese mining pool LuBian, which is now valued at 14.5 billion US dollars. The theft occurred almost five years ago, but was only recently revealed by the blockchain analysis portal Arkham Intelligence.
LuBian, once responsible for up to six percent of the global hashrate, ceased operations in spring 2021. The attack on December 28, 2020, resulted in the loss of 90 percent of LuBian's Bitcoin assets. On December 29, another 154 Bitcoins were stolen, worth 4.18 million US dollars at the time. LuBian attempted to contact the thieves through 1,516 microtransactions with OP_RETURN notes, but these efforts were unsuccessful. The mining pool later moved 11,886 Bitcoins to a recovery wallet, now worth about 1.3 billion US dollars.
| Event | Amount | Current Value (USD) |
|---|---|---|
| Stolen Bitcoins | 127,426 BTC | 14.5 billion |
| Recovery Wallet | 11,886 BTC | 1.3 billion |
Summary: The largest known Bitcoin theft, involving 127,426 BTC, was only discovered years later and is now valued at 14.5 billion US dollars. Weak encryption was identified as the cause, and the case highlights the complexity of tracking crypto crimes (Source: heise online).
Where Will Bitcoin Stand in 20 Years? Study Reveals Surprising Scenarios
The Berliner Morgenpost discusses a study by asset manager Wisdomtree, which models three scenarios for Bitcoin and gold prices in 2030 and 2050. The scenarios are based on different macroeconomic conditions: deflationary, baseline, and inflationary environments.
- Deflationary Scenario: By 2030, Bitcoin is projected at 120,000 US dollars, with gold at 3,000 US dollars per ounce. By 2050, Bitcoin could reach 213,000 US dollars and gold 4,700 US dollars per ounce.
- Baseline Scenario: Bitcoin could rise to 250,000 US dollars by 2030 and over 650,000 US dollars by 2050. Gold is expected to reach 4,000 US dollars per ounce in 2030 and over 9,000 US dollars by 2050.
- Inflationary Scenario: Bitcoin could exceed 500,000 US dollars by 2030 and approach two million US dollars by 2050. Gold could rise to over 5,500 US dollars per ounce in 2030 and 19,000 US dollars by 2050.
| Scenario | Bitcoin 2030 | Bitcoin 2050 | Gold 2030 | Gold 2050 |
|---|---|---|---|---|
| Deflationary | 120,000 USD | 213,000 USD | 3,000 USD/oz | 4,700 USD/oz |
| Baseline | 250,000 USD | 650,000+ USD | 4,000 USD/oz | 9,000+ USD/oz |
| Inflationary | 500,000+ USD | ~2,000,000 USD | 5,500+ USD/oz | 19,000 USD/oz |
Summary: Depending on the macroeconomic scenario, Bitcoin could reach between 120,000 and two million US dollars by 2050, while gold could rise to between 4,700 and 19,000 US dollars per ounce. These are model-based estimates and not guarantees (Source: Berliner Morgenpost).
Bitcoin Lost: James Howells and the Search for 1 Billion US Dollars in a Landfill
Wallstreet Online reports on James Howells, who lost a hard drive containing 8,000 Bitcoins—now worth nearly 1 billion US dollars—on a landfill almost ten years ago. Howells is now attempting to tokenize his lost Bitcoin stash by creating a new blockchain called Ceiniog Coin, set to launch at the end of 2025. Each of the 800 billion Ceiniog Coins will represent one Satoshi, the smallest unit of Bitcoin.
Despite repeated rejections from the city of Newport, including a formal offer of 25 million US dollars and a previous offer of 70 million US dollars in 2021, Howells has not been allowed to search the landfill. The landfill is scheduled for permanent closure during the 2025–2026 fiscal year. Howells stated, "You can block gates. You can fill courts. But you can't stop the blockchain. Crypto has already won. Ceiniog is coming – and your world is falling apart."
"You can block gates. You can fill courts. But you can't stop the blockchain. Crypto has already won. Ceiniog is coming – and your world is falling apart." – James Howells
Summary: James Howells, unable to recover his lost 8,000 Bitcoins, plans to tokenize them on a new blockchain, Ceiniog Coin, despite ongoing resistance from local authorities (Source: Wallstreet Online).
Bitcoin: Trap or Freedom for the Global South?
Telepolis analyzes the impact of Bitcoin in the Global South, highlighting both opportunities and limitations. Bitcoin is not considered real money, as it cannot be interest-bearing and is not backed by assets. Its value is determined by the energy required for its creation and the promise of a limited supply of 20,999,999.97690000 Bitcoins.
Remittances are a significant use case: In 2023, 857 billion US dollars were sent globally as remittances, with India receiving 120 billion US dollars. Traditional financial service providers charge an average fee of 6.4 percent. For example, Pakistan loses 1.8 billion US dollars annually to transfer fees. El Salvador aimed to save 400 million US dollars by using Bitcoin for remittances, but only one percent of remittances are processed this way, and Bitcoin usage in the country dropped from 25 percent in 2021 to eight percent in 2024. In Nigeria, over five percent of remittances are in crypto, and families hold Bitcoin as a store of value due to the weak Naira.
Bitcoin is also used to circumvent sanctions, as seen in Iran and Venezuela, where less than two percent of sanctioned oil exports are settled in Bitcoin, but the trend is rising. Afghanistan uses Bitcoin for humanitarian aid, bypassing frozen bank accounts. In Argentina, where inflation exceeds 100 percent per year, 21 percent of the population used cryptocurrencies in 2021 to protect their wealth.
| Country | Remittances (2023) | Crypto Share |
|---|---|---|
| India | 120 billion USD | n/a |
| Pakistan | n/a | n/a |
| El Salvador | n/a | 1% (2024) |
| Nigeria | n/a | 5%+ |
| Argentina | n/a | 21% (2021) |
Summary: Bitcoin offers both opportunities and risks for the Global South, especially for remittances and as a hedge against inflation, but adoption rates and practical benefits vary widely by country (Source: Telepolis).
Sources:
- Bitcoin erreicht neuen Höchststand dank BlackRock
- Bitcoin-Coup nach Jahren enthüllt: Heute 14,5 Milliarden US-Dollar wert
- Wo steht Bitcoin in 20 Jahren? Studie enthüllt überraschendes Szenario
- 11 populäre Bitcoin-Kritiken – und was wirklich dran ist
- Bitcoin verloren: James Howells: Auf der Suche nach 1.000.000.000 US-Dollar auf der Mülldeponie - 09.08.2025
- Bitcoin: Falle statt Freiheit für den Globalen Süden?
