Bitcoin News / Bitcoin Magazine - 2 months ago
South Asian country Bhutan, a Buddhist kingdom on the Himalayasâ eastern edge, has been revealed as a major Bitcoin holder, owning 13,011 BTC worth around $780.49 million, according to a report by Arkham Intelligence. The public data company identifi...
Bitcoin News / Bitcoin Magazine - 2 months ago
The debt based monetary system has become quite extreme. On one hand, the US crossed the $35 trillion national debt milestone, placing a $104k burden on every US citizen. On the other hand, the Congressional Budget Office (CBO) puts federal expenditu...
Bitcoin News / Bitcoin Magazine - 2 months ago
In the wake of Mi Primer Bitcoinâs three-year anniversary, the El Salvador-based organization announced that it has promoted two of its staff members â Reyna Chicas and Quentin Ehrenmann â to leadership positions.Chicas, a native Salvadoran who has b...
Bitcoin News / Bitcoin Magazine - 2 months ago
The closure of a Bitcoin mining facility in the Norwegian town of Hadsel has led to a 20% increase in electricity bills for residents. The mine was shut down after the municipality declined to renew its permit due to noise complaints.Kryptovault oper...
Bitcoin News / Bitcoin Magazine - 2 months ago
Crypto-natives and fans of Detroit rapper Big Sean flocked to the Lager House, just outside of downtown Detroit, for the third stop of the America Loves Crypto Tour. The event provided both an evening of live entertainment and a call to action to get...
Bitcoin News / Bitcoin Magazine - 2 months ago
Bitcoin has climbed back to $60,000, fueled by anticipation of a Federal Reserve interest rate cut expected next week. Bitcoin's rally comes as markets prepare for the possibility of a 25-50 basis point rate reduction, a move that many believe could...
Bitcoin News / Bitcoin Magazine - 2 months ago
Bitcoin's recent price movements have caused concern among investors about what might come next. However, by looking at key indicators such as the 200-week moving average, Pi Cycle Top Indicator, and the Golden Ratio Multiplier, we can gain insights...
Bitcoin News / Bitcoin Magazine - 2 months ago
MicroStrategy announced it had purchased 18,300 Bitcoin for $1.11 billion, boosting its total holdings to 244,800 BTC acquired for $9.45 billion.BREAKING: MicroStrategy buys an additional 18,300 #Bitcoin for $1.11 billion. pic.twitter.com/qhMg5EOqUF&...
Bitcoin News / Bitcoin Magazine - 2 months ago
HTX, one of the largest Bitcoin and crypto exchanges globally, announced it will be integrating the Bitcoin Lightning Network in partnership with Bitcoin firm IBEX.JUST IN: Bitcoin and crypto exchange HTX to integrate #Bitcoin Lightning into its plat...
Bitcoin News / Bitcoin Magazine - 2 months ago
According to Geoff Kendrick, Head of Crypto Research at Standard Chartered bank, a Donald Trump victory in the 2024 U.S. presidential election could drive Bitcoin to $125,000. However, Kendrick notes that new all-time highs (ATHs) for Bitcoin are lik...
Bitcoin News / Bitcoin Magazine - 2 months ago
Bitcoin mining has seen exponential growth since the first ASIC miner was shipped in 2013, improving hardware efficiency from 1,200 J/TH to just 15 J/TH. While these advancements were driven by better chip technology, we're now reaching the limits of...
Bitcoin News / Bitcoin Magazine - 2 months ago
Bitcoin, the original cryptocurrency, has come a long way from its informal past. From an experimental digital currency that occupied cypherpunk niches on the internet, it has grown to a trillion-dollar market cap asset valued at over $66,900 per coi...
Bitcoin News / Bitcoin Magazine - 2 months ago
The UK Parliament has introduced the Property (Digital Assets etc) Bill today to officially and legally recognize Bitcoin, cryptocurrency, and other digital assets as personal property. With this new legislation, for the first time, British law would...
Bitcoin News / Bitcoin Magazine - 2 months ago
âSomeone needs to be the keeper and reiterator of the vision. There's a ton of work to do. When you have to walk a thousand miles and have only taken the first step, it feels like a long way. It really helps if there is someone saying, âWe are one st...
Bitcoin News / Bitcoin Magazine - 2 months ago
Jeff Garzik, a veteran Linux contributor and early open-source developer who contributed to the Bitcoin project from 2010 to 2017, has released a series of new videos detailing his time working with Bitcoinâs anonymous inventor Satoshi Nakamoto. Join...
Bitcoin News / Bitcoin Magazine - 2 months ago
The Bitcoin mining difficulty reached a new all-time high of 92.67 trillion on September 11. This represents a 3.04% increase over the last 24 hours and continues an upward trajectory in mining competition.JUST IN: #Bitcoin mining difficulty hit a NE...
Bitcoin News / Bitcoin Magazine - 2 months ago
Standard Chartered has officially launched its digital asset custody service in the UAE, according to an announcement from the bank. The service has been licensed by the Dubai Financial Services Authority (DFSA) within the Dubai International Financi...
Bitcoin News / Bitcoin Magazine - 2 months ago
Out of the ashes emerged a snarling rodent dubbed Max Punk.Open conflict, Whales besting Bored-Apes, the social layer manifest.Bitcoin leaders sent to prison, then freed by massive strike waves.HODLâers fighting in the streets, power cuts, three-day...
Bitcoin News / Bitcoin Magazine - 2 months ago
Metaplanet, a publicly listed Japanese company, announced it had purchased 38.6 Bitcoin for 300 million yen (approx. $2.2 million), bringing its total Bitcoin holdings to 398.8 BTC.JUST IN: ???????? Japanese Public company Metaplanet buys another ÂĽ30...
Bitcoin News / Bitcoin Magazine - 2 months ago
This article is featured in Bitcoin Magazine's "The Privacy Issue". Subscribe to receive your copy.With the Fourth Halving in the rearview mirror, it seems a perfect time to provide some on-record analysis of Bitcoin from the perspective of Number an...
Bitcoin News / Bitcoin Magazine - 2 months ago
In todayâs financial world, understanding Bitcoin is no longer optionalâitâs essential. As the sector grows and continues to attract attention from traditional finance, the need for high-quality, data-driven analysis has never been greater. Thatâs wh...
Bitcoin News / Bitcoin Magazine - 2 months ago
Rollups have become the narrative focus of scaling Bitcoin lately, becoming the first thing to truly âsteal the limelightâ from the Lightning Network in terms of wider mindshare. Rollups aim to be an off-chain layer two that is not bound or constrain...
Bitcoin News / Bitcoin Magazine - 2 months ago
The Proof of Workforce Foundation (POWF) and Careers In Government Inc. (CIG) have launched a strategic partnership aimed at integrating Bitcoin into public sector employment practices, according to a press release sent to Bitcoin Magazine. This coll...
Bitcoin News / Bitcoin Magazine - 2 months ago
Monochrome Asset Management announced its Monochrome Bitcoin ETF (IBTC) will implement proof-of-reserves verification through a new partnership with Hoseki. This makes IBTC the first Australian spot Bitcoin ETF to adopt such transparency measures.Lau...
Bitcoin News / Bitcoin Magazine - 2 months ago
Tokyo Electric Power Company (TEPCO), Japan's largest electricity provider, has begun mining Bitcoin through its subsidiary Agile Energy X using excess renewable energy that would otherwise be wasted, as per reports from Asahi.JUST IN: ???????? Japan...
