HBO set to unveil Satoshi Nakamoto's real identity amid the US government's plan to sell $4 billion Bitcoin

Source Fxstreet
  • HBO Documentary announced that it will reveal the identity of Bitcoin's founder, Satoshi Nakamoto. 
  • The controversy around his mysterious identity has led to huge wagers on Polymarket.
  • US receives court permission to sell 69,370 Bitcoin worth $4.33 billion.

HBO is set to release a documentary on Satoshi Nakamoto on Tuesday night, along with his true identity. According to Polymarket data, speculations suggest that Adam Back, CEO of Blockstream, is the favorite to be identified as Satoshi Nakamoto. Meanwhile, the Supreme Court permitted the US government to sell 69,370 BTC valued at $4.33 billion from the Silk Road case.

Satoshi Nakamoto's identity set to be revealed, US government plans to move 69,370 Bitcoin

In its latest documentary, HBO claims to have uncovered one of the biggest mysteries in crypto history: the identity of Bitcoin's founder, Satoshi Nakamoto. 

Satoshi Nakamoto is the name chosen by the pseudonymous character or group of persons who developed Bitcoin.

The crypto community has shown high anticipation toward the documentary release at 9 PM ET, with speculations flying about who HBO will identify as Satoshi. These expectations have led to a hike in Polymarket speculations among bettors, with Adam Back leading the odds. 

Back became the favorite to be revealed as Satoshi after the deceased Len Sassaman's widow said her late husband wasn't Bitcoin's creator.

However, new speculations point to Peter Todd as the real figure behind Bitcoin in the HBO documentary. The new suggestion follows an alleged leaked video of the documentary, which identifies Todd as Satoshi.

Several crypto community members suggest that uncovering Satoshi Nakamoto's identity will shake the crypto industry and the entire financial markets.

CryptoQuant CEO, Ki Young Ju, suggests that revealing the pseudonymous character could be bearish for Bitcoin. He further stated that the HBO documentary is an "insult to Satoshi."

Meanwhile, the US government has received a go-ahead from the Supreme Court to sell 69,370 Bitcoin worth $4.33 billion. A few months ago, the funds were seized from a wallet connected to the Silk Road case.

The government has been engrossed in a legal battle over the funds with Battle Born Investments, which claimed rights to the seized Bitcoin. 

Bitcoin is down 1.7% following the announcement, trading just above $62K. This is likely due to investors expressing fear, uncertainty, and doubt (FUD) following the Supreme Court's government clearance.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
TradingKey Market Review and Outlook | 2025 Crude Oil Prices Collapse, Can Oil Prices Stage a Comeback in 2026?Similar to Bitcoin prices volatility, the crude oil market experienced a 'rollercoaster' performance twice in 2025, surging in January and June, respectively. However, crude oil prices ar
Author  TradingKey
13 hours ago
Similar to Bitcoin prices volatility, the crude oil market experienced a 'rollercoaster' performance twice in 2025, surging in January and June, respectively. However, crude oil prices ar
placeholder
Gold rebounds as safe-haven flows support demandGold price (XAU/USD) edges higher above $4,350 during the Asian trading hours on Tuesday. The precious metal recovers some lost ground after falling 4.5% in the previous session, which was gold's largest single-day loss since October.
Author  FXStreet
20 hours ago
Gold price (XAU/USD) edges higher above $4,350 during the Asian trading hours on Tuesday. The precious metal recovers some lost ground after falling 4.5% in the previous session, which was gold's largest single-day loss since October.
placeholder
Ethereum smart contract deployments reach new 8.7M high in Q4Token Terminal data revealed that smart contracts deployed on the Ethereum network hit an all-time high of 8.7 million in the fourth quarter of 2025.
Author  Cryptopolitan
Yesterday 09: 42
Token Terminal data revealed that smart contracts deployed on the Ethereum network hit an all-time high of 8.7 million in the fourth quarter of 2025.
placeholder
Silver Price Forecasts: XAG/USD drops below $75.00 after Trump - Zelenkyy’s meeting Silver (XAG/USD) has lost more than $10 since hitting a fresh record high near $86.00 on Monday’s early trading. The precious metal has retreated to levels in the $74.00 area at the time of writing, weighed by comments by US President Trump about the chances of a peace deal in Ukraine.
Author  FXStreet
Yesterday 09: 42
Silver (XAG/USD) has lost more than $10 since hitting a fresh record high near $86.00 on Monday’s early trading. The precious metal has retreated to levels in the $74.00 area at the time of writing, weighed by comments by US President Trump about the chances of a peace deal in Ukraine.
placeholder
Two Crypto “Buy” Calls for 2027: Bitcoin Looks Plausible, XRP Looks Like a High-Conviction BetStandard Chartered’s Kendrick-backed 2027 targets paint large upside for Bitcoin and XRP—but Bitcoin’s ETF-led adoption case looks sturdier, while XRP remains a higher-volatility bet dependent on ETF traction and real-world payments scaling.
Author  Mitrade
Yesterday 09: 39
Standard Chartered’s Kendrick-backed 2027 targets paint large upside for Bitcoin and XRP—but Bitcoin’s ETF-led adoption case looks sturdier, while XRP remains a higher-volatility bet dependent on ETF traction and real-world payments scaling.
Related Instrument
goTop
quote