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Bitcoin

A collection of 306 posts

Bitcoin Miner BitFuFu Acquires 51MW Oklahoma Data Center to Expand Mining Operations

Bitcoin Miner BitFuFu Acquires 51MW Oklahoma Data Center to Expand Mining Operations

Today, mining company BitFuFu announced its acquisition of a 51-megawatt operational data center in Oklahoma, a strategic step that’s set to supercharge its U.S. Bitcoin mining footprint and redefine efficiency in the crypto mining industry. The acquisition highlights the company’s savvy approach to expanding its global reach.

How Microsoft’s New State of Matter in Quantum Computing Could Challenge Bitcoin’s Security

How Microsoft’s New State of Matter in Quantum Computing Could Challenge Bitcoin’s Security

Microsoft’s recent unveiling of a groundbreaking state of matter has sent ripples through the tech world, and its potential to disrupt Bitcoin’s security framework through quantum computing. This isn’t just another incremental step in technology; it’s a leap into territory that could reshape how we view

Coinbase Urges Congress to Revamp Crypto Laws with Six Key Priorities

Coinbase Urges Congress to Revamp Crypto Laws with Six Key Priorities

Coinbase, a major player in the crypto exchange space, is calling on Congress to step up and tackle the messy state of crypto regulation in the United States. The company has laid out six critical priorities aimed at straightening out the legal tangle, safeguarding consumers, and keeping blockchain innovation from

After Prison Release, Ross Ulbricht Champions Roger Ver’s Freedom

After Prison Release, Ross Ulbricht Champions Roger Ver’s Freedom

In a striking show of solidarity within the crypto community, Ross Ulbricht, the founder of the Silk Road marketplace, has taken to rally support for Roger Ver, an early Bitcoin investor facing serious legal challenges with the IRS. Ulbricht’s message highlights Ver’s past support during Ulbricht’s own

Why Startups Are Embracing Bitcoin on Their Balance Sheets

Why Startups Are Embracing Bitcoin on Their Balance Sheets

A growing wave of startups are turning to Bitcoin as a clever addition to their financial strategies, and it’s not just about the money. Venture capital firm Epoch dropped a new report on the Bitcoin ecosystem, shining a light on how this trend is picking up steam. Startups aren’

Trump Speech Says He Signed Executive Orders to End Biden’s War on Bitcoin and Crypto

Trump Speech Says He Signed Executive Orders to End Biden’s War on Bitcoin and Crypto

In a electrifying speech at the FILL Priority event hosted by the America First Policy Institute, President Donald Trump made a fiery declaration: he’s signed executive orders to dismantle what he calls “Joe Biden’s war on Bitcoin and crypto.” Speaking before a packed audience and a backdrop adorned

Bitcoin Lightning Network Security Flaw Threatens User Funds

Bitcoin Lightning Network Security Flaw Threatens User Funds

In what can only be described as a distressing day for Lightning Network users, a critical vulnerability has been unearthed that could lead to the remote theft of Bitcoin. Bitcoin developer, known by the pseudonym "Calle," issued an urgent alert to all node operators using software versions prior

Bitcoin Mining Boosts US Economy by $4 Billion, Creates 31,000 Jobs

Bitcoin Mining Boosts US Economy by $4 Billion, Creates 31,000 Jobs

Bitcoin mining, often criticized for its environmental footprint, is now making headlines for its significant economic contributions to the United States. A comprehensive analysis by the Perryman Group, commissioned by key crypto advocacy groups like the Digital Chamber of Commerce and the Texas Blockchain Council, highlights the industry's

Bitcoin Plummets to $93K Amid Crypto Market Downturn

Bitcoin Plummets to $93K Amid Crypto Market Downturn

The crypto market took a significant hit on Tuesday, with Bitcoin leading the charge downwards, dipping below $95,000 to reach its lowest point since early February. Currently priced at $93,442, Bitcoin's decline of nearly 2% daily and over 2% weekly might not seem drastic, but it

AI Integration at Coinbase Fast-Tracks Crypto Software Development

Artificial Intelligence

AI Integration at Coinbase Fast-Tracks Crypto Software Development

Coinbase is pushing the boundaries of AI application within its operations, extending beyond traditional uses like fraud prevention and customer support to innovate in software development. Brian Armstrong, CEO of Coinbase, recently shared that the company is now leveraging artificial intelligence to automate the generation of pull requests (PRs) for

Tech Giant Google Targets Bitcoin Wallet Enhancements with Account Integration

Tech Giant Google Targets Bitcoin Wallet Enhancements with Account Integration

Google has set its sights set on Bitcoin. The company is diving headfirst into the crypto ecosystem, aiming to simplify access for everyday Web2 users who might feel intimidated by the complexities of crypto. This isn’t just a casual dip into cryptocurrencies — Google wants to reshape how people interact

Senator Cynthia Lummis Proposes Bitcoin as Solution to Audit Challenges of US Gold Reserves

Senator Cynthia Lummis Proposes Bitcoin as Solution to Audit Challenges of US Gold Reserves

Senator Cynthia Lummis has proposed a revolutionary approach to addressing the long-standing issue of transparency in U.S. gold financial reserves by suggesting the addition of Bitcoin. This proposal comes in the wake of growing concerns over the lack of recent audits on the U.S. gold reserves held at

Hardcore Bitcoiner “Plan B” Shifts from BTC Maxi to ETF Advocate, Community Stunned

Hardcore Bitcoiner “Plan B” Shifts from BTC Maxi to ETF Advocate, Community Stunned

In a surprising move that has stirred the Bitcoin community, “Plan B”, the analyst known for his Bitcoin Stock-to-Flow model, has revealed he transferred his Bitcoin into a Bitcoin exchange traded fund (ETF). This pivot is not just a personal financial decision but marks a significant shift in perspective for

President Bukele and Michael Saylor Discuss Plans for El Salvador's Bitcoin Strategy

President Bukele and Michael Saylor Discuss Plans for El Salvador's Bitcoin Strategy

In an important meeting between two great minds, Michael Saylor, the visionary behind Strategy (formerly MicroStrategy), sat down with El Salvador's President Nayib Bukele to discuss the next steps in the nation's Bitcoin adoption strategy. This dialogue underscores El Salvador's continued commitment to integrating

Pantera Capital Founder Dan Morehead Investigated for Alleged $850M Crypto Tax Fraud

Pantera Capital Founder Dan Morehead Investigated for Alleged $850M Crypto Tax Fraud

Dan Morehead, the visionary behind Pantera Capital, finds himself in hot water as the U.S. Senate Finance Committee (SFC) probes into whether he evaded federal taxes on his crypto profits. Morehead, who relocated to Puerto Rico, a known tax haven, in 2021, is now under scrutiny for potentially treating

Trump Media Says Its Board Has Authorized Buying Crypto Assets

Trump Media Says Its Board Has Authorized Buying Crypto Assets

BREAKING: Trump Media and Technology Group board has authorized the purchase of crypto assets according to a newly released SEC filing. This decision marks a significant pivot for the company, which is predominantly known for its social media platform, Truth Social. The foray into the crypto space by Trump Media

The State of Michigan Proposes Legislation for Strategic Crypto Reserve Bill

Strategic Bitcoin Reserve

The State of Michigan Proposes Legislation for Strategic Crypto Reserve Bill

Michigan has joined the ranks of US states considering the strategic investment in cryptocurrencies, marking a significant step towards integrating digital assets into state financial strategies. This legislative proposal, introduced by Representatives Bryan Posthumus and Ron Robinson, seeks to amend the Management and Budget Act to establish a strategic cryptocurrency

US Bitcoin Miners Grapple with Delays Amidst Heightened Trade Tensions with China

US Bitcoin Miners Grapple with Delays Amidst Heightened Trade Tensions with China

Mining for digital gold in the United States has hit a snag, with Bitcoin miners now facing extended delays in receiving mining machines from Bitmain, China's leading supplier of Bitcoin mining rigs. This disruption is primarily due to the escalating tariff war between the U.S. and China,

GameStop Considers Investing in Bitcoin and Other Cryptocurrencies

GameStop Considers Investing in Bitcoin and Other Cryptocurrencies

BREAKING: In a surprising move that has captured the attention of investors, GameStop, the well-known video game retailer, is reportedly considering an investment in Bitcoin and other cryptocurrencies. According to sources cited by CNBC, the company is in the preliminary stages of exploring how this investment could align with its

Roger Ver Discusses Extradition Battle and Seeks Donald Trump's Help in CoinDesk Interview

Roger Ver Discusses Extradition Battle and Seeks Donald Trump's Help in CoinDesk Interview

Roger Ver, early Bitcoin pioneer, also known in crypto as "Bitcoin Jesus," gave an update in an interview with CoinDesk today. Currently residing in Spain, Ver faces extradition to the United States on alleged charges of tax evasion. His plea comes in the wake of his final appeal

Bitcoin and Crypto Prices Drop Amidst US Tariffs and Fed Policy

Bitcoin and Crypto Prices Drop Amidst US Tariffs and Fed Policy

The price of Bitcoin has been on a rollercoaster, with a significant dip to ~$94,000 early this morning before a slight recovery. The global crypto market cap has taken a hit, dropping by 3.5% to $3.28 trillion within the last 24 hours. This volatility isn't

Donald Trump’s World Liberty Financial Unveils Macro Strategy, Crypto Token Reserve Fund

World Liberty Fi

Donald Trump’s World Liberty Financial Unveils Macro Strategy, Crypto Token Reserve Fund

Donald Trump and Trump family’s World Liberty Financial (WLFI) has introduced “Macro Strategy”, an initiative designed to bolster the stability and growth of the crypto market. Clearly the name is an ode to Michael Saylor’s MicroStrategy. This strategic shift marks a pivotal moment in WLFI's journey,

Swan Bitcoin Battles Over Customer Funds Stuck in Prime Trust Bankruptcy Saga

Swan Bitcoin Battles Over Customer Funds Stuck in Prime Trust Bankruptcy Saga

In a dramatic turn of events, Bitcoin focused exchange “Swan Bitcoin”, has found itself entangled in the legal web spun by the bankruptcy of digital asset custodian Prime Trust. This development comes as a shock to many, especially since Swan had previously denied any impact from Prime Trust's

Proton Mail Launches Open-Source Bitcoin Wallet For 100 Million Users

Proton Mail Launches Open-Source Bitcoin Wallet For 100 Million Users

Proton Mail, the well known secure email service provider, has taken a significant step into the world of crypto by releasing an open-source Bitcoin wallet. This move is aimed at providing their extensive user base, numbering over 100 million, with a safer way to manage their Bitcoin. Proton Mail'

Britain's Public News Set to Release Satoshi Nakamoto Documentary on Bitcoin's Origins

Satoshi Nakamoto

Britain's Public News Set to Release Satoshi Nakamoto Documentary on Bitcoin's Origins

Britain's Channel 4, a public-service broadcaster known for its innovative programming, has commissioned a digital documentary series from Keo Films titled "Seeking Satoshi: The Mystery Bitcoin Creator," where journalist and podcaster Gabriel Gatehouse takes on the intriguing task of unearthing the identity of Satoshi Nakamoto, the