MLM Network Zone

Bitwise Asset Management believes that “bitcoin is in a raging bull market” in the long term. Its chief executive anticipates the upcoming bitcoin halving to be “the most impactful we’ve seen.” The firm’s chief investment officer explained that global wealth managers allocating just 1% of their portfolios to bitcoin would mean about $1 trillion of […] from Bitcoin News https://ift.tt/bRzQD9N via IFTTT

Rich Dad Poor Dad author Robert Kiyosaki has urged investors to ditch the U.S. dollar and buy bitcoin alongside gold and silver. He warned that “baby boomers’ retirements are going broke as paper assets crash.” The famous author stressed: “I do not trust anything that can be printed.” Robert Kiyosaki’s Latest Warnings and Advice The […] from Bitcoin News https://ift.tt/30K9X7v via IFTTT

Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has significantly increased its bitcoin holdings, which have now surpassed 252,011 BTC, representing an approximate notional value of $18 billion. This substantial increase reflects a stronger-than-anticipated influx of retail investor demand, exceeding even the CEO’s initial expectations. Blackrock CEO Larry Fink: ‘I’m Pleasantly Surprised’ […] from Bitcoin News https://ift.tt/1qVCsBr via IFTTT

In a recent analysis, economist Peter Schiff draws stark comparisons between the current U.S. economic optimism and the prelude to the 2008 financial crisis. Schiff, leveraging his expertise, warns of impending financial turmoil, emphasizing the critical role of money supply in understanding economic health. Peter Schiff Warns: U.S. Economy on the Brink, Echoes of 2008 […] from Bitcoin News https://ift.tt/TxsDhBu via IFTTT

Prominent Bitcoin mining hardware manufacturer announces the Antminer S21 Pro, a new iteration of its most efficient mining device. bit.ly/3f7o14k http://dlvr.it/T4qPHs

Binance's withdrawal from Nigeria leaves room for African built companies to serve the African market. bit.ly/3f7o14k http://dlvr.it/T4qP2r

Galaxy Digital CEO Mike Novogratz has proposed several measures to prevent a U.S. debt spiral. The executive explained that the U.S. debt crisis makes it “so easy to convince people to buy bitcoin and other hard assets.” He emphasized that implementing these measures could give the U.S. a chance to avoid a “debt death spiral.” […] from Bitcoin News https://ift.tt/VN9nARi via IFTTT

Michael Patryn, co-founder of the now-defunct Quadrigacx cryptocurrency exchange, has been compelled by Canadian officers to explain the origin of his wealth. Patryn must explain how he acquired a stash of 45 gold bars, more than $180,000 in cash, and a jewelry set with a diamond-studded Rolex watch. Quadrigacx Cofounder Must Explain 45 Gold Bar […] from Bitcoin News https://ift.tt/9hN1syS via IFTTT

In a recent deep dive into Ethereum’s future scalability and infrastructure, Ethereum co-founder Vitalik Buterin discusses the latest introduction of blobs and their significant role in the evolution of layer two (L2) rollups. This pivotal development marks a transition towards more efficient internal scaling and parallelization within Ethereum’s ecosystem, according to Buterin. Scaling Ethereum: Buterin […] from Bitcoin News https://ift.tt/UipHFSM via IFTTT

On Friday, the producer of bitcoin-specific application-specific integrated circuit (ASIC) mining equipment, Bitmain, unveiled the latest Antminer S21 Pro model during the World Digital Mining Summit (WDMS). This new device features a hashrate of approximately 234 terahash per second (TH/s) and boasts a much lower energy efficiency of 15 joules per terahash (J/T). New Antminer […] from Bitcoin News https://ift.tt/CErOSmb via IFTTT

Metalpha is a financial services company safeguarding investors through bull and bear markets with effective customized hedging solutions. bit.ly/3f7o14k http://dlvr.it/T4p6FH

When the money is broken, everything around it starts breaking too. bit.ly/3f7o14k http://dlvr.it/T4n2Ly

The CEO of Blackrock, the world’s largest asset manager, Larry Fink, says he is “very bullish on the long-term viability of Bitcoin.” Noting that he is “pleasantly surprised” by the demand for Blackrock’s spot bitcoin exchange-traded fund (ETF), he emphasized that the Ishares Bitcoin Trust (IBIT) is “the fastest growing ETF in the history of […] from Bitcoin News https://ift.tt/43WVqbY via IFTTT

PRESS RELEASE. In an exhilarating development for the decentralized finance (DeFi) community, LendFi announces the launch of its innovative app, now available for download on both the iOS Store and Google PlayStore. This groundbreaking app introduces a suite of utility features designed to enhance user experience and financial empowerment. Among these are staking, peer-to-peer (P2P) […] from Bitcoin News https://ift.tt/UEbmNov via IFTTT

U.S. Senate candidate John Deaton has called for the resignation of U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. “Under Gensler, the SEC has forgotten, or intentionally abandoned, its primary mission in protecting innocent investors,” he stressed. Deaton Calls for Gensler’s Resignation John Deaton, a U.S. Senate candidate running against incumbent U.S. Senator Elizabeth […] from Bitcoin News https://ift.tt/aDusUb1 via IFTTT

Following the debut of the Dencun upgrade and Ethereum blobs, enthusiasts have devised methods to embed data akin to how Ordinal inscriptions operate. Since this development, inscription-based activities now account for over 40% of blob transactions, leading to a significant increase in network activity. This uptick has resulted in a congestion of blob transactions, pushing […] from Bitcoin News https://ift.tt/7N15POj via IFTTT

BlackRock's Bitcoin ETF is the fastest growing ETF in history, Fink stated. bit.ly/3f7o14k http://dlvr.it/T4kKqL

As the halving approaches, BTC is being bought off the market at record pace. bit.ly/3f7o14k http://dlvr.it/T4kKXb

The current state of Central Bank Digital Currency Projects globally summarized by Efrat Enigson, independent journalist and host of the "You're The Voice" podcast. bit.ly/3f7o14k http://dlvr.it/T4kKBB

The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities. The enforcement action, launched in the U.S. District Court for the Southern District of New York, accuses Kucoin of multiple regulatory breaches involving these digital assets. Kucoin’s Legal Battles Shine a Bright […] from Bitcoin News https://ift.tt/fUhVHeI via IFTTT

Many of Goldman Sachs’ largest clients are ramping up their activity in the crypto space following spot bitcoin exchange-traded fund (ETF) approvals and BTC price recovery. “The recent ETF approval has triggered a resurgence of interest and activities from our clients,” said Goldman Sachs’ Asia Pacific head of digital assets. Goldman Sachs’ Clients Getting Active […] from Bitcoin News https://ift.tt/3IQov5G via IFTTT

Hashdex Bitcoin ETF, one of the 11 spot bitcoin exchange-traded funds (ETFs) approved by the U.S. Securities and Exchange Commission (SEC) in early January, has launched. The fund converted from Hashdex Bitcoin Futures ETF and is trading on the NYSE Arca exchange. US Now Has 11 Spot Bitcoin ETFs Hashdex Asset Management has completed converting […] from Bitcoin News https://ift.tt/w1RfOqp via IFTTT

On Monday, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced their first positive inflows, breaking a streak of five consecutive days of outflows totaling $887.6 million. The momentum continued into Tuesday, with the ETFs amassing $418 million in inflows, building on the $15.4 million gained the previous day. Bitcoin ETFs’ Fortunes Flip The week prior […] from Bitcoin News https://ift.tt/MVvySbp via IFTTT

Neutronpay will use the capital to help deliver instant and low-cost payment solutions across the region. bit.ly/3f7o14k http://dlvr.it/T4gcMg

Argentina’s plummeting economy has seen citizens turn to Bitcoin as a store of value. The legislature passes friendly laws as the pro-Bitcoin president has his hands full with the crisis. bit.ly/3f7o14k http://dlvr.it/T4gc69

Super Testnet demonstrates how his new invention works. bit.ly/3f7o14k http://dlvr.it/T4gbmT

While Bitcoin is chiefly a system for transferring digital value, it is inherently and always will be so much more than just that. bit.ly/3f7o14k http://dlvr.it/T4gbMl

The layer two (L2) project Stacks has officially released its public Nakamoto Testnet, offering a refined testing ground for developers and signers ahead of the mainnet launch. Stacks Introduces Nakamoto Testnet for Comprehensive Pre-Mainnet Testing In a significant step forward for the Stacks ecosystem, the Nakamoto Testnet has been introduced, providing a formal and public […] from Bitcoin News https://ift.tt/McCQBZz via IFTTT

Following the Department of Justice’s (DOJ) legal action against Kucoin and its founders, analysts from Nansen specializing in real-time onchain data revealed that Kucoin experienced a withdrawal of $99 million in Ethereum-based assets and $109 million in outflows from various EVM-compatible chains. Ethereum and EVM Chains See $200 Million Outflow From Kucoin On a Tuesday, […] from Bitcoin News https://ift.tt/1wgfQ58 via IFTTT

PRESS RELEASE. London, United Kingdom, March 26, 2024 – TradingView has become an official partner for HackaTRON Season 6, hosted by TRON DAO, BitTorrent Chain, HTX DAO, and JustLend DAO. This year’s competition is illuminated by the expertise of Maksim Shymanovich and Alexey Telnov from TradingView, set to judge the projects competing for a prize […] from Bitcoin News https://ift.tt/kxnToDm via IFTTT

Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge Partnership to Launch eBTC Badgerdao, a decentralized autonomous organization (DAO) committed to integrating bitcoin (BTC) into defi, has announced the launch […] from Bitcoin News https://ift.tt/a7ZTufX via IFTTT

El Salvador's pioneering embrace of Bitcoin as legal tender has paid off, with the country now holding over $400 million worth of Bitcoin. bit.ly/3f7o14k http://dlvr.it/T4f0D0

PRESS RELEASE. Zug, Switzerland, 25th March 2024 – GAIMIN, the world’s leader in delivering GPU-based decentralised data processing services through gaimin.cloud, today announces its GMRX utility token will be listed on cryptocurrency exchanges. GMRX is a utility token designed to support GAIMIN’s ecosystem, rewarding users for allowing their PC-based GPUs to participate in gaimin.cloud, processing […] from Bitcoin News https://ift.tt/FY9CmQR via IFTTT

Telegram, the messaging powerhouse, has been banned in Spain on a case investigating the hosting of unauthorized content owned by media companies in Spain. The Audiencia Nacional (National Court), one of the highest courts in Spain, has authorized this ban until Telegram cooperates by sending the required info to the court. Audiencia Nacional Bans Telegram […] from Bitcoin News https://ift.tt/7nsJBAM via IFTTT

This week, blockchain observers noticed that the “37X” wallet, once holding the title of the fifth-largest bitcoin wallet, was activated for the first time since 2019. This significant move involved the transfer of 94,504.03 bitcoin into three distinct addresses. One of these recipient wallets has now risen to become the sixth-largest bitcoin holder, showcasing a […] from Bitcoin News https://ift.tt/8dsjNbW via IFTTT

Nigerian Bitcoiners continue pushing to expand the ecosystem in the midst of a crackdown on P2P trading platforms in the country. bit.ly/3f7o14k http://dlvr.it/T4c7bM

Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions, offering $0.33 for every dollar of claim. Presently, the valuation of these claims has significantly appreciated, with buyers now prepared to offer $0.93 on the dollar for each claim. FTX Bankruptcy Claims Now Worth […] from Bitcoin News https://ift.tt/lhbNVke via IFTTT

Issuers proposing to establish a Bitcoin ETN on the Main Market in May will need to submit applications to the Exchange by April 15. bit.ly/3f7o14k http://dlvr.it/T4bpcb

Some thoughts on the difficulty of governments enforcing taxation in a world where Bitcoin is widely used in commerce. bit.ly/3f7o14k http://dlvr.it/T4bPWp

Erroneous early reporting and discussions on X about the European Union’s approach to cryptocurrency anonymity have been clarified by industry expert Patrick Hansen, stating that the EU’s Anti Money Laundering Regulation (AMLR) targets broader anti-money laundering (AML) and counter-terrorism financing (CFT) efforts across various sectors, including crypto, without singling out cryptocurrencies for special regulation. Contrary […] from Bitcoin News https://ift.tt/DhujnS2 via IFTTT

A recent report from Jan Nieuwenhuijs, an expert in the Chinese gold market, has found that the actual gold reserves held by the People’s Bank of China might comprise over 5,300 tonnes, dwarfing official numbers. Nieuwenhuijs explains China might be a driving force behind increasing gold prices, as the country moves to hoarding gold to […] from Bitcoin News https://ift.tt/Acf7xY0 via IFTTT

According to February 2024’s latest inflation data, Turkey faces an inflation rate exceeding 67%, amid ongoing currency devaluation and a declining lira against the U.S. dollar. Recent findings suggest that in an effort to safeguard their wealth, Turks are increasingly turning to gold, with smuggling hitting unprecedented levels. Additionally, there is a growing interest among […] from Bitcoin News https://ift.tt/EdF47zv via IFTTT

In recent weeks, Bitcoin.com News has chronicled the significant number of dormant bitcoin addresses that have sprung to life in March after years, if not a decade, of inactivity. Similarly, we’ve observed a resurgence of activity from older ethereum addresses. This Saturday highlighted a noteworthy event: an individual who took part in the Ethereum initial […] from Bitcoin News https://ift.tt/0J5RwPb via IFTTT

U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) says cryptocurrency is the “best hedge against inflation.” He stressed that crypto “takes control away from the government and from the monopolistic banking system which uses money printing to shift wealth upward to the oligarchy of billionaires while impoverishing regular Americans.” RFK Jr. Says ‘Crypto Equals […] from Bitcoin News https://ift.tt/x7im1ZJ via IFTTT

The U.S. government has attempted to persuade Kenyan officials to lift the suspension of Worldcoin’s operations in the country, but these overtures have been rejected, the Kenyan Interior cabinet secretary has said. The Kenyan government is also considering restricting officials’ use of the social media platform Tiktok. No Review of the Suspension Decision The Kenyan […] from Bitcoin News https://ift.tt/o2Bv1eK via IFTTT

John J. Ray III, the chief executive officer of FTX Trading Ltd., has issued a strong rebuttal against former CEO Sam Bankman-Fried’s assertions regarding the company’s financial state and the impact on its creditors. FTX Chief Restructuring Officer and CEO Debunks Bankman-Fried’s FTX Solvency Claims John J. Ray III outlined the extensive efforts made to […] from Bitcoin News https://ift.tt/yManLpO via IFTTT

Based on a recent analysis, numerous outdated bitcoin mining devices likely powered up in response to the latest uptick in bitcoin’s value. However, with the anticipated block reward halving, it’s projected that around 100 exahash per second (EH/s) of computing power might be disconnected after the event. Bitcoin Miners Enjoy Revenue Boost, Yet Face Potential […] from Bitcoin News https://ift.tt/dls3eLq via IFTTT

The Los Angeles Police Department (LAPD) has apprehended three individuals following the theft of bitcoin mining equipment valued at $6.9 million. The Commercial Crimes Division’s Cargo Theft Unit announced the retrieval of all stolen items. California Authorities Arrest Trio for Stealing Bitcoin Mining Hardware On March 19, 2024, the LAPD, along with detectives from the […] from Bitcoin News https://ift.tt/XiJOhGR via IFTTT

At a recent gathering at the Columbia Law School Conference, Gary Gensler, the chair of the U.S. Securities and Exchange Commission, addressed the assembly on the topic of the digital currency landscape. His discourse highlighted the “benefits of mandatory disclosure,” with Gensler humorously alleging that certain “participants in crypto securities markets that seek to avoid […] from Bitcoin News https://ift.tt/rJTnQvY via IFTTT

PRESS RELEASE. [Singapore, Mar 22, 2024] Yala, a project that enables the seamless transfer of Bitcoin liquidity through a meta yield stablecoin, is thrilled to announce a comprehensive brand upgrade. This reflects our commitment to making Bitcoin liquidity universally accessible across blockchain ecosystems, enhancing DeFi liquidity efficiency. The upgrade includes a refreshed branding message, a […] from Bitcoin News https://ift.tt/jeXMitx via IFTTT