Billionaire investor Tim Draper has denied recent rumors about transferring his Bitcoin. Previously, blockchain analytics platform Lookonchain cited Arkham data saying that a wallet "possibly associated with Draper" transferred 1,000 Bitcoin (worth about $62 million) to Coinbase Prime. Draper responded that he has not moved any Bitcoin and reiterated his expectation that Bitcoin will reach a price target of $250k within a year. Draper is known for purchasing about 30k Silk Road-related Bitcoin in a 2014 U.S. Marshals Service auction. (Cointelegraph)

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