HBO is releasing a documentary that claims to unveil the identity of Satoshi Nakamoto, Bitcoin's mysterious creator. This has caused concern regarding potential market manipulation. Expert OxNobler suggests that HBO's parent company, Warner Bros, may influence Bitcoin's price, particularly with the release date coinciding with significant financial events.
Recent theories about Nakamoto's identity include Len Sassaman, linked through his contributions and relationships within the cryptocurrency community. Some evidence has also challenged the belief that Hal Finney was Nakamoto.
The documentary's release could affect the market amid events such as the US Federal Reserve's rate cut and changes to China's cryptocurrency regulations. OxNobler notes institutional investors like BlackRock and Warner Bros could drive market changes.
Two potential scenarios in the documentary are suggested: a moderate presentation of candidates for Nakamoto, or explicitly naming the individual, possibly deceased, removing Bitcoin from circulation and affecting prices positively.
Bitcoin's current price has stabilized at $62,350 after experiencing volatility. The impact of the documentary remains to be seen.
