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+11 +1
Bitcoin Lightning Network is 1,000x cheaper than Visa and MasterCard: Data
Fresh data from Glassnode demonstrates that Bitcoin's tickers Lightning Network is significantly cheaper to use than legacy payment networks. The median fee rate, or the cost of sending value across the Lightning Network, is 0.0029%, 1,000 times cheaper than that of MasterCard of Visa payment processors.
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+1 +1
If you thought things couldn't get stupider, someone just held a CO2 reader up to a PC to prove 'bitcoin mining has zero carbon emissions'
No, it's not April 1, it's just stupid.
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+4 +1
Bitcoin is one year away from a major technical event. History suggests the start of another bull run
is nearly a year away from a key technical event — which might be the catalyst for a prolonged climb in the cryptocurrency’s value. In April or May 2024, bitcoin is expected to undergo its next so-called “halving,” though the exact date is not yet known.
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+21 +3
Crypto Space Hit Back at New York Times for Attack on Bitcoin Mining
The New York Times (NYT) is quickly becoming a villain in the sight of crypto fans due to its latest critique on bitcoin mining. The article, they believe, is biased at best, and malicious at worst. In fact, some are now questioning the popular media’s journalistic integrity.
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+19 +2
MicroStrategy Buys Another 1,045 Bitcoin for $23.9M
The company now holds 140,000 bitcoin worth about $4 billion.
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+2 +1
Bitcoin's best quarter in 2 years beats all major indexes in Q1
The cryptocurrency jumped more than 70% in the first three months of the year.
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+3 +1
Space Force major proposes Bitcoin mining for Pentagon defense strategy
As the popularity and adoption of cryptocurrencies like Bitcoin (BTC) increase, some crypto enthusiasts see their potential utility well beyond mere digital money, an investment asset, or a hedge against inflation, including one major in the United States Space Force, who envisions their role in the national cyber-security defense system.
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+13 +2
U.S. SEC threatens to sue Coinbase over some crypto products
The U.S. Securities and Exchange Commission (SEC) has threatened to sue Coinbase Global Inc over some of the crypto exchange's products, turning up the heat on the largely unregulated sector.
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+25 +6
Peter Schiff Criticizes Bitcoin's 20% Surge, Arguing Gold is Still a Better Inflation Hedge
On March 14, 2023, Euro Pacific Capital CEO Peter Schiff posted a tweet about Bitcoin that sparked a debate within the crypto community. Schiff tweeted that Bitcoin had surged by 20% after a long-awaited change in direction from the Federal Reserve, but he also pointed out that gold had only risen by 2.5%. Schiff went on to suggest that the fact that Bitcoin had experienced a larger increase did not mean that it was a better anti-inflation tool than gold.
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+11 +2
When A One-Armed Bandit Stole My Bitcoin
It was the fall of 2008. The iPhone was new, Flo Rida was a musical icon, and everyone under 25 was on Facebook. I was attending Tufts University as a sophomore studying International Relations. Being a lover of history and politics, my plan was to get my degree and find a job with the U.S. state department.
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+17 +2
Bitcoin Soars to Over $23,000 Amidst President Biden's Reassurance of Safe US Banking System
As the world grapples with the news of the recent bankruptcy of Silicon Valley Bank (SVB) and Signature Bank, the cryptocurrency market has experienced a sudden surge in prices. Despite the collapse of these three major American banks, US President Joe Biden emphasized in a recent speech that the US banking system remains safe and secure.
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+22 +3
U.S. Government's $1B Bitcoin Transfer Spooks Investors; Bitcoin Dips
The price of bitcoin dipped below $22,000 early Wednesday after authorities moved some of the bitcoin to Coinbase-controlled wallets.
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+3 +1
Bitcoin ‘fixes democracy’ and fights corruption: Human Rights Foundation
Bitcoin fixes broken democracies and fights government corruption by limiting its power to control its people, argues Bitcoin advocate and chief strategy officer of the Human Rights Foundation, Alex Gladstein.
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+16 +4
Two Thirds of Millennials View Bitcoin as Safe Haven (Survey)
A study by BanklessTimes revealed that 67% of respondents aged 27-42 consider bitcoin a safe haven. Previous polls have shown that millennials are among the most active demographic groups in the cryptocurrency space and have a friendlier outlook than older generations.
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+21 +5
Bank of America: It only Takes $93 million to Move the Bitcoin Price 1%
A 2021 report from US banking giant Bank of America (BofA) claimed that at a price-tag of $60,000, it only took $93 million in capital to move the Bitcoin price by one percent. Since then, the BTC exchange supply ratio dropped precipitously, per the latest data.
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+4 +1
Former Bank of China Adviser Calls to Lift Bitcoin Ban
Huang Yiping, formerly a member of the People's Bank of China's monetary policy committee, raised the idea that the country should review its ban on trading bitcoin (BTC) and other cryptocurrencies.
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+3 +1
Court of Appeal orders Tulip Bitcoin case to go to full trial
London’s Court of Appeal has sensationally announced that a claim by Tulip Trading Limited against 16 developers who are alleged to be responsible for the Bitcoin network will go to trial. Tulip’s claim alleges the developers owe ‘fiduciary duties’ and ‘duties of care’ to effectively police the Bitcoin network.
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+2 +1
There’s a wild theory that the price of Bitcoin is being propped up—and the academic who proved manipulation in 2017 suspects it may be happening again
Back in 2017, John Griffin, a professor of finance at the University of Texas McCombs School of Business, noticed something strange. Griffin follows a totally different beat from typical business school finance profs who explore, say, how business cycles influence commodity prices or Fed policy sways the term structure of interest rates.
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+4 +1
Self-proclaimed bitcoin inventor's $2.5 bln lawsuit can go to trial
Self-proclaimed bitcoin creator Craig Wright's lawsuit against bitcoin network developers to try to recover billions of dollars can continue to trial, a London court said on Friday. The ruling paves the way for a trial on whether developers owe duties to the owners of digital assets – which a lawyer representing some developers said could pose a fundamental challenge to decentralised finance if Wright won.
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+16 +4
ARK Invest Maintains Prediction That Bitcoin Prices Will hit $1M by 2030
Despite a severe downturn, public blockchains continue to foster multiple revolutions and one of them is bitcoin (BTC), says ARK Invest in its 2023 Big Ideas research report. Bitcoin, in the eyes of ARK, is still predicted to close the decade at $1 million because its fundamentals are sound – despite a turbulent 2022.
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