Hal Finney Runs Bitcoin Software, Launching Digital Currency Era
- Historic Moment: On January 10, 2009, Hal Finney tweeted “Running Bitcoin,” marking the public launch of the Bitcoin network and becoming the first recipient of a Bitcoin transaction, thus initiating the era of digital currency.
- First Transaction: The 10 BTC Finney received that day, worth nothing at the time, now exceeds $900,000, showcasing Bitcoin's immense appreciation potential and reflecting the market's evolution for digital assets.
- Technical Contribution: As a pioneer of the cypherpunk movement, Finney was not only the first user of Bitcoin software but also actively contributed to testing and improving the protocol, underscoring his significance in the early development of cryptocurrency.
- Identity Controversy: In 2024, speculation about Finney being Satoshi Nakamoto resurfaced; despite evidence challenging this theory, his technical background and close interactions with Nakamoto continue to attract attention, highlighting the ongoing mystery surrounding Bitcoin's creator identity.
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Technical Analysis for SATS
Technical Sentiment Analysis for SATS (Ordinals) (SATS) As of , SATS (Ordinals) (SATS) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SATS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SATS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
SATS (Ordinals) (SATS) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000000144 | 0.00000000471 | 0.00000000865 | 0.0000000119 | 0.0000000159 | 0.0000000191 | 0.0000000231 |
| Fibonacci | 0.00000000471 | 0.00000000747 | 0.00000000917 | 0.0000000119 | 0.0000000147 | 0.0000000164 | 0.0000000191 |
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