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 likely no…
Category: Crypto Flash News
Revolutionizing Bitcoin Mining: The Power of Three-Phase Systems
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…
UK Parliament Introduces Bill to Recognize Bitcoin and Crypto as Personal Property
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 officially protect digital…
Bitcoin Vaults and the Future of Bitcoin Custody
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 coin…
El Salvador’s Bitcoin Office Celebrates 21 Months of Success, Sets Stage for Renaissance 2.0
“Someone 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…
Early Bitcoin Developer Backs Satoshi Nakamoto Theory
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 Bitcoin’s anonymous inventor Satoshi Nakamoto. Joining the project…
Un Ode de l’Provocateur du Bitcoin
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. HODL’ers fighting in the streets, power cuts, three-day work…
Standard Chartered Bank Launches Bitcoin and Crypto Custody Service in UAE
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 Financial Centre (DIFC), following a…
Australian Bitcoin ETF to Implement Proof of Reserves with Hoseki
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. Launched earlier this year, the Monochrome Bitcoin…
Metaplanet Buys Additional ¥300 Million Worth of Bitcoin
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 ¥300 million worth of…