This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy. “Anarchy is order; government is civil war.” – Bellegarrigue The advent of decentralized money gave rise to an intriguing cognitive bias among early adopters. Bitcoin’s…
Category: Crypto Flash News
The Urgent Need for Bitcoin Tax Reform to Encourage Everyday Use
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…
Bhutan’s Bitcoin Holdings Revealed: Kingdom Owns $780M in BTC from Mining
South Asian country Bhutan, a Buddhist kingdom on the Himalayas’ 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 identified Bhutan’s Bitcoin addresses, marking…
Bitcoin Price Action: What to Expect Next
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 into…
Bitcoin Surges to $60,000 as Markets Brace for Potential Fed Rate Cut
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…
Detroit Aims to Drive Digital Asset Innovation on Day Three of the America Loves Crypto Tour
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…
MicroStrategy Buys Additional $1.11 Billion Worth of Bitcoin
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 Magazine (@BitcoinMagazine) September 13, 2024 The…
Bitcoin and Crypto Exchange HTX To Integrate Lightning Network
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 platform. HTX…
Japan’s Largest Power Company TEPCO is Mining Bitcoin Using Renewables
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’s largest power company…
Bitcoin Mining Difficulty Hits Record 92 Trillion
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…