Bitcoin

A collection of 218 posts

Bitcoin

Michael Saylor Proposes Game-Changing Digital Assets Strategy for U.S. Economic Leadership

Michael Saylor, a well-known advocate for Bitcoin published a comprehensive framework designed to integrate digital assets into the fabric of U.S. financial markets. This document, titled "Digital Assets Framework, Principles, and Opportunity for the United States," is not just a policy proposal; it's a vision

El Salvador

El Salvador Doubles Down on Bitcoin Amidst IMF Deal

El Salvador has taken a bold step forward in its embrace of Bitcoin, accelerating its Bitcoin acquisitions just a day after striking a deal with the International Monetary Fund (IMF). This move not only underscores the nation's commitment to Bitcoin but also navigates the tricky waters of international

Bitcoin

BlackRock's Bitcoin Video Sparks Controversy Saying 21 Million Fixed Supply May Be Changed

BlackRock's recent Bitcoin explainer video has thrown a wrench into the gears of the Bitcoin community. The investment giant, now a significant player in the Bitcoin landscape through its management of over 524,000 Bitcoins worth $53 billion via its ETF, has inadvertently stirred up a hornet'

Bitcoin

Two Key Factors Why Bitcoin’s Price Crashed Today

The crypto market had a dramatic plunge this week, with Bitcoin going from an all time high of $108K a few days ago, dipping down to $95K today. The reverberations of this sharp price drop were felt across the board, with Ethereum also falling sharply to $3,600, alongside other

Bitcoin

El Salvador To Shutdown Chivo Wallet, Adjusts Bitcoin Strategy in IMF Agreement

El Salvador's bold venture into the world of Bitcoin has hit a significant roadblock with the recent $1.4 billion loan agreement from the International Monetary Fund (IMF). This deal, while a financial lifeline, comes with strings attached that could alter the trajectory of the country's

Craig Wright

Craig Wright's Contempt of Court Leads to One Year Suspended Prison Sentence, $180K in Fines

In an unprecedented turn of events, Craig Wright, the infamous figure who once claimed to be the elusive Satoshi Nakamoto, creator of Bitcoin, has been handed a 12-month prison sentence, suspended for two years, for contempt of court. He has also been ordered to pay £144,000 ($180,000 USD)

Hack

Ilya Lichtenstein's Jailhouse Confession With Promises of Redemption

In a striking turn of events, Ilya Lichtenstein, the man convicted for the notorious 2016 Bitfinex hack, has released a video confession from prison, admitting his guilt and outlining a path towards redemption. This confession, made public this morning December 19, not only sheds light on the mechanics of one

Roger Ver

Roger Ver Appears on the Alex Jones Show to Discuss His Battle Against Political Persecution

In a recent segment aired today December 14, the Alex Jones Show delved deep into the contentious legal battles surrounding Roger Ver, an early Bitcoin advocate known as "Bitcoin Jesus." Alongside Ver's advocate, Tracy Thurman, and cryptocurrency expert Aaron Day, the discussion painted a vivid picture

Bitcoin

Ohio Lawmaker Proposes State Bitcoin Reserves for Financial Future

Ohio's legislative landscape is poised for a digital transformation as Derek Merrin, the Leader of the Ohio House Republicans, introduces the Bitcoin House Bill 703. This groundbreaking bill aims to establish an "Ohio Bitcoin Reserve" within the state treasury, marking a significant step towards integrating Bitcoin

Sui

Bitcoin Restaking Comes to Sui Blockchain with SatLayer Integration

In an innovative move, SatLayer has now integrated its Bitcoin restaking platform with Sui, a high-speed layer-1 blockchain. This integration marks a significant step forward in the utilization of Bitcoin's vast market presence to bolster the security and functionality of decentralized applications (dApps) within the Sui ecosystem. Sui,

Quantum Computing

New Research Report Reveals Quantum Threats to Bitcoin's Security Future

In the dynamic world of crypto, Bitcoin is grappling with a significant challenge posed by the advent of quantum computing. These machines, with their capability to solve intricate mathematical problems far quicker than traditional computers, could potentially decrypt the public-key cryptosystems like the Elliptic Curve Digital Signature Algorithm (ECDSA) that

Crypto

Exodus Crypto Wallet Company Gains Ground with NYSE American Listing Approval

Exodus Movement, the brains behind the popular Exodus crypto wallet, has secured approval to list its shares on the NYSE American. This pivotal moment is set to commence on December 18, with the company holding a substantial reserve of 1,900 BTC. This approval marks a notable turnaround from the

Bitcoin

Bitcoin Policy Institute Drafts Executive Order for Strategic Bitcoin Reserve

In what could be a monumental shift in U.S. economic strategy, the Bitcoin Policy Institute has drafted an Executive Order aimed at creating a Strategic Bitcoin Reserve under President Trump's administration. This move, if enacted, would not only acknowledge Bitcoin as a legitimate financial asset but also

Crypto

Crypto-Skeptic SEC Commissioner Crenshaw's Renomination Cancelled by Senate

The U.S. Senate has decided against renominating Caroline Crenshaw, a Democrat known for her skepticism towards cryptocurrency, to her role as a Securities and Exchange Commission (SEC) Commissioner, according to Eleanor Terrett at Fox Business. The cancellation of her renomination hearing by the Senate Banking Committee marks a significant

Bitcoin

EU Parliament Member Advocates for Bitcoin Reserves Over Digital Euro

In a recent speech that has sparked significant conversation, French Parliament Member Sarah Knafo has called for a bold new direction in European financial policy. Urging her fellow legislators to embrace the future of finance, she advocated for the establishment of national strategic Bitcoin reserves while firmly opposing the European

Satoshi Nakamoto

Satoshi Nakamoto Surpasses Bill Gates and Michael Bloomberg as 15th Richest Person Worldwide

The mysterious creator of Bitcoin, known only by the pseudonym Satoshi Nakamoto, has now eclipsed some of the world's most renowned billionaires, according to the latest Forbes list. If included, Nakamoto would rank as the 15th richest individual globally, surpassing tech mogul Bill Gates and media magnate Michael

Crypto

Buy These Three Cryptos Before The Santa Claus Rally

As we approach the end of the year, the crypto market often witnesses what's known as the Santa Claus rally, where prices of digital assets can surge to new heights. With Bitcoin already setting records, the anticipation for other cryptocurrencies to follow suit is palpable. Here's

Bitcoin

Santa's Crypto Gift List: Bitcoin, Ethereum, and Cardano

In a world where digital currencies have become as intriguing as the latest tech gadgets, we decided to ask an interesting hypothetical question to Bitcoin GPT, which is an AI with a deep understanding of cryptocurrencies. What if Santa Claus had a crypto wallet instead of a sack of toys?

Bitcoin

New Open-Source Malware Puts Bitcoin and Crypto Wallets at Risk

A new danger has surfaced that targets Bitcoin and crypto wallets. The MacOS Stealer Trojan, once a premium piece of malware sold for 1 BTC, has now been unleashed into the wild as open-source software. This shift dramatically increases its accessibility to cybercriminals, intensifying the threat level for MacOS users

Bitcoin

El Salvador President Nayib Bukele Shows Off His Bitcoin Wallet, Has Over $630 Million

El Salvador's President Nayib Bukele has once again caught the world's attention by showcasing the fruits of his nation's Bitcoin investment strategy. Bukele recently took to X (formerly known as Twitter) to share a screenshot of El Salvador's Bitcoin wallet, revealing a

Bitcoin Mining

Iran Suspects Bitcoin Mining For Persistent Power Outages

In recent weeks, Iran has been grappling with rolling power blackouts, disrupting life across the capital Tehran and numerous outlying provinces. Amid this chaos, Iran suspects a significant culprit: the energy-intensive practice of Bitcoin mining. Iran, long burdened by international sanctions due to its nuclear ambitions, faces a complex energy

Ethereum

Brazilian Investors Shift Focus from Bitcoin to Ethereum and Solana

In Brazil, the cryptocurrency market is witnessing a shift, with investors showing increasing interest in different cryptocurrencies including stablecoins, somewhat eclipsing the traditional dominance of Bitcoin. This trend is evident in the latest data released by the Federal Revenue Service based in Brasília, highlighting a dynamic evolution in the crypto

Bitcoin

OG Developer Amir Taaki Unleashes Scathing Critique on Bitcoin Leadership and Governance

Amir Taaki, once a prominent figure in the Bitcoin development community, has recently taken to X to voice his frustration and disillusionment with Bitcoin's current leadership, branding it as fundamentally "corrupt and broken." His critique comes at a time when the cryptocurrency world is witnessing a

Solana

Dan Morehead on CNBC's Fast Money Discusses Bitcoin Surge and Pantera's Big Bets on Solana and Toncoin

In a recent interview on CNBC's Fast Money, Dan Morehead of Pantera Capital shared insights that shed light on the investment strategies that have positioned Pantera at the forefront of the cryptocurrency boom. Morehead, known for his deep understanding of the market, discussed the remarkable performance of Bitcoin

Bitcoin

Trump Confirms Bitcoin Reserve Strategy, Could Propel Crypto to New Heights

In a surprising twist that has sent shockwaves through the financial world, former President Donald Trump has not only embraced the cryptocurrency space but has promised a strategic move that could redefine America's economic landscape. His recent comments on CNBC have sparked a frenzy among investors and traders,