Category: Timothy Peterson

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Number of Irretrievably Lost BTC Now 6 Million — Cane Island Manager

March 27, 2023

The number of irretrievably lost bitcoins has now reached 6 million, which leaves 13.3 million as coins that remain in circulation, Timothy Peterson of Cane Island Alternative Advisors has said. Peterson added that out of the 1.7 million bitcoins that will be mined in the next 100 years or more, one million coins will be…
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Crypto Analyst Claims Bitcoin’s $20K All-Time High Was Fake

June 12, 2020

A cryptocurrency analyst has suggested that price manipulation was behind Bitcoin’s current (and previous) all-time highs, and that the $20,000 December 2017 price was “fake.” Cane Island Alternative Advisors’ Timothy Peterson has claimed that Bitcoin’s (BTC) near-$20,000 all-time high in December 2017 was “fake.” In a tweet on June 11, Peterson said that it took seven…
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