Jeff Garzik, a veteran Linux contributor and early open-source developer who contributed to the Bitcoin project from 2010 to 2017, has released a series of new videos detailing his time working with Bitcoin’s anonymous inventor Satoshi Nakamoto.

Joining the project in July 2010, Garzik contributed to early software releases, entering notable pull requests including the first proposal to raise the block size limit, as well as the first proposal to eliminate subsidies for free transactions. Under Satoshi’s time as maintainer, Garzik had pull requests accepted, including for work separating the mining code from the Satoshi client.

Most notably, the new videos find Garzik sharing…

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Recent data highlights a massive $750 million Bitcoin withdrawal from exchanges on September 10, marking the largest single-day outflow since May. According to IntoTheBlock, this move reflects a growing investor confidence, with Bitcoin prices stabilizing around $57,000. Analyst Juan Pellicer suggests this trend points to an anticipated price increase, as assets shift from exchanges to more secure private storage.

The surge primarily involves institutional players, indicated by the substantial $2.95 billion transaction volume noted the previous day. This pattern, combined with increased moves to self-custody due to security concerns, underscores a strategic transition towards cold storage. Historically, such outflows have often preceded notable rises in Bitcoin prices, due to tightened supply and sustained demand.

Pellicer confirms this historical trend, highlighting a clear supply-demand dynamic. As Bitcoin moves off exchanges, reduced supply on trading platforms could naturally lead to price escalations, especially if demand remains constant or rises. This pattern was evident earlier in May when a significant outflow preceded a spike in Bitcoin’s price to $71,000 within a week.

IntoTheBlock

eter Brandt, a seasoned trader with a large following on social media, has shared a promising forecast for Bitcoin’s price trajectory, indicating a potential surge to unprecedented heights. Brandt’s analysis, presented to his 737,800 followers, features a chart that illustrates Bitcoin following a parabolic curve on a weekly basis. This chart formation, known as a cup-and-handle, has been developing since late 2020 and is typically a sign of bullish continuation, suggesting a pause in upward movement before breaking major resistance levels.

According to Brandt’s interpretation, Bitcoin could soon exceed a critical resistance at $73,734, setting the stage for a climb above $150,000 next year, marking a 160% increase from its current price of $57,652. This bullish scenario underscores a significant potential gain for investors if the momentum ignites as predicted.

Despite recent warnings from Brandt about a possible dip below $50,000, the overarching sentiment in his latest analysis leans heavily optimistic. He emphasizes that a substantial rally into new highs is essential for sustaining Bitcoin’s bull market, hinting at a vibrant future for the cryptocurrency if buying pressure intensifies.

Standard Chartered has officially launched its digital asset custody service in the UAE, according to an announcement from the bank. The service has been licensed by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), following a memorandum of understanding signed in May 2023.

“The launch of our digital asset custody offering represents a pivotal moment not just for Standard Chartered, but for the financial services industry,” said Bill Winters, Group Chief Executive of Standard Chartered. “We firmly believe…

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