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Showing posts from April, 2024

MicroStrategy Bought 122 Bitcoin In April, Now Holds 214,400 BTC

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MicroStrategy now holds 214,400 bitcoins at an average purchase price of $35,180 per BTC. bit.ly/3f7o14k http://dlvr.it/T6CBDw

Paypal's Green Mining Initiative Makes Zero Sense

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A look at Paypal's recent proposal to implement Bitcoin wallets that pay mining fees using a scheme ensuring that only authorized miners powered by renewable energy can collect the user's transaction fee. bit.ly/3f7o14k http://dlvr.it/T6C9wJ

In a Sea of Mining Giants, One Solo Miner Strikes Digital Gold by Finding Bitcoin Block 841,286 #Bitcoin https://ift.tt/AWJP9D7

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While bitcoin mining has become increasingly difficult and block rewards have dropped from 6.25 bitcoins to 3.125 bitcoins, a solo miner discovered block 841,286. Bitcoin’s Harsh Mining Climate Yields Treasure for One Solo Entity Mining bitcoin (BTC) has become significantly challenging, with the network’s difficulty reaching an all-time high of 88.10 trillion. This complexity, coupled […] from Bitcoin News https://ift.tt/FuNUEqb via IFTTT

CasinoBello.com – Revolutionizing Online Gaming With Crypto Innovations #Bitcoin https://ift.tt/AWJP9D7

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PRESS RELEASE. Casinobello.com, a Curacao-licensed online casino, is thrilled to gain the biggest popularity in its history and become one of the leading destinations for crypto-savvy iGaming users. With a strong presence in Germany, Austria, Switzerland, Italy, New Zealand, Canada, and Australia, Casinobello is pioneering the integration of cryptocurrency into the online gaming world to […] from Bitcoin News https://ift.tt/dPIjAgB via IFTTT

Microstrategy Boosts Bitcoin Holdings to 214,400 BTC With Latest Purchase #Bitcoin https://ift.tt/AWJP9D7

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Microstrategy, the Nasdaq-listed software intelligence firm and “the world’s first bitcoin development company,” has disclosed that it now holds 214,400 bitcoins after the latest purchase. “We acquired 25,250 additional bitcoins since the end of the fourth quarter, our 14th consecutive quarter of adding more bitcoin to our balance sheet,” said the company’s chief financial officer. […] from Bitcoin News https://ift.tt/qGuUOyY via IFTTT

SEC Launched Formal Investigation Into Ethereum’s Security Status Over a Year Ago, New Court Filing Shows #Bitcoin https://ift.tt/AWJP9D7

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A new court filing claims that the U.S. Securities and Exchange Commission (SEC), led by Chair Gary Gensler, initiated a formal investigation into ethereum’s potential classification as a security more than a year ago. SEC Enforcement Division Director Gurbir Grewal approved a formal investigative order in March last year to scrutinize potential securities transactions involving […] from Bitcoin News https://ift.tt/pYj8ZuG via IFTTT

Mysterious 2010 Bitcoin Whale Launches Bitcoin-Only Market-Making Certificate

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Navigating New Frontiers: How the Bitcoin Volatility Premium AMC Is Redefining Investment Strategies bit.ly/3f7o14k http://dlvr.it/T69frH

First Bitcoin ETF to launch in Australia in 2024: Bloomberg

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Australia moves to approve its first spot bitcoin ETFs this year, joining the US and Hong Kong in offering regulated Bitcoin funds. Approval could unlock billions in institutional investment. bit.ly/3f7o14k http://dlvr.it/T69F0L

Former Openbazaar Dev Chris Pacia Blasts Lightning Network: Experts Knew It Would Work ‘Like Dog Sh*t’ #Bitcoin https://ift.tt/AWJP9D7

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Chris Pacia, the former lead developer of the now-defunct decentralized marketplace Openbazaar, has criticized the process that led to the proposal of Bitcoin’s lightning network (LN) as a scaling solution. Pacia stated that technical experts lied to the mainstream audience in the blocksize war’s framework, knowing that LN would work “like dog sh*t.” Former Openbazaar […] from Bitcoin News https://ift.tt/24Nm5kd via IFTTT

Former President Donald Trump’s Advisers Explore Penalties for Nations Ditching US Dollar #Bitcoin https://ift.tt/rxwNvoT

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Former U.S. President Donald Trump’s economic advisers are reportedly devising strategies to deter nations from reducing their reliance on the U.S. dollar. Proposed deterrents include export controls, currency manipulation charges, and tariffs. Trump remains committed to preserving the U.S. dollar’s dominance as the global reserve currency. Nonetheless, a growing number of countries, particularly BRICS members, […] from Bitcoin News https://ift.tt/VQ4N70O via IFTTT

Analyst Eyes $300K Bitcoin Price as BTC Approaches ‘Most Aggressive Part of the Bull Cycle’ #Bitcoin https://ift.tt/rxwNvoT

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A technical analyst has highlighted that bitcoin is approaching “the point where historically the most aggressive part of the bull cycle begins,” forecasting a potential rise to $300,000 for the cryptocurrency. “Unrealistic or not, that gives us a $300,000 projection and is undeniably technical as those are the exact high-to-low measurements at the time it […] from Bitcoin News https://ift.tt/1CFmEfR via IFTTT

Solana Advances Congestion-Alleviating Central Scheduler Feature to Testnet #Bitcoin https://ift.tt/rxwNvoT

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Anza, a dev collective behind Solana, recommended the adoption of Agave v1.18.12 into the blockchain’s devnet and testnet. This new version of the mentioned client ships with a central scheduler that aims to reduce congestion by increasing fee collection and reducing conflicting transactions. Anza is calling for increased testing on this functionality. Anza Calls for […] from Bitcoin News https://ift.tt/iUIGJPs via IFTTT

DOJ Counters Motion to Dismiss Charges Against Tornado Cash Developer #Bitcoin https://ift.tt/2MURhws

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In a notable development, the U.S. Department of Justice (DOJ) has countered a motion to dismiss the criminal charges against Roman Semenov, a developer of the cryptocurrency mixing service Tornado Cash, highlighting the alleged strength of its case in a recent court submission. Prosecutors Assert Strong Evidence Is Coming in Tornado Cash Laundering Case The […] from Bitcoin News https://ift.tt/bCHWV38 via IFTTT

Scammers Trick Crypto Users With Faked USDT Balances, Slowmist Reports #Bitcoin https://ift.tt/2MURhws

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Slowmist, teaming up with Imtoken, has exposed a new cryptocurrency scam exploiting offline transactions and using USDT, where scammers manipulate Ethereum RPC to falsify USDT balances in the victim’s wallet. The con artists coax victims into changing their Ethereum RPC URL to one they control, making it appear as though USDT funds were deposited, only […] from Bitcoin News https://ift.tt/DZqUl7B via IFTTT

Zksnacks Bars US Users from Wasabi Wallet in Wake of Samourai Indictment #Bitcoin https://ift.tt/2MURhws

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In a decisive move, Zksnacks announced on Saturday that it will block all U.S. residents and citizens from accessing its bitcoin mixer, Wasabi Wallet. This policy change comes as U.S. authorities intensify their crackdown on unregulated crypto activities, spotlighting the recent indictment of Samourai Wallet founders. Wasabi Wallet Withdraws from U.S. Market to Avoid Regulatory […] from Bitcoin News https://ift.tt/gDvcsVU via IFTTT

Crypto Community Loses OXT Analysis Tool Amid Legal Troubles for Samourai Wallet #Bitcoin https://ift.tt/2MURhws

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After the Samourai Wallet indictment, the cryptocurrency community discovered that the Bitcoin blockchain analysis platform OXT is no longer operational, as it was acquired by the Samourai team in December 2017. On April 25, Laurentmt, a co-founder of OXT and bitcoin advocate, revealed the closure on the social media site X with the statement, “RIP […] from Bitcoin News https://ift.tt/UFJ6wVQ via IFTTT

'Asia's MicroStrategy' Metaplanet Buys ¥1 Billion Worth Bitcoin as Pledged

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Japanese public company Metaplanet has announced the purchase of ¥1 billion ($6.25 million) worth of Bitcoin, adopting Bitcoin as a treasury reserve asset. bit.ly/3f7o14k http://dlvr.it/T64pdQ

Bank of Russia and Rosfinmonitoring Reveal Fiat-to-Crypto Tracking System Pilot #Bitcoin https://ift.tt/otbfadL

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The Bank of Russia and Rosfinmonitoring revealed the existence of a ‘know your crypto customer’ system pilot, that aims to link the fiat operations of crypto users with their blockchain actions. The pilot, which has been ongoing since 2023, involves five banks in Russia and is expected to run until April, but can be extended. […] from Bitcoin News https://ift.tt/x1qFlc5 via IFTTT

Contrary to Crypto Influencer Hype, Data Reveals ‘It is Not Altcoin Season’ #Bitcoin https://ift.tt/otbfadL

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Over the past 90 days, while bitcoin has shown steady performance, 19 other cryptocurrencies have outpaced the leading digital asset in terms of price growth. However, the Altcoin Season Index, which measures the performance of these cryptocurrencies against bitcoin, has dropped from 59 to 39 since early April, signaling that an altcoin season is unlikely […] from Bitcoin News https://ift.tt/f5ujc17 via IFTTT

Deutsche Bundesbank President on Digital Euro: ‘The Eurosystem Has No Interest in Monitoring People’s Payment Patterns’ #Bitcoin https://ift.tt/otbfadL

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Joachim Nagel, President of the Deutsche Bundesbank, praised the privacy traits a hypothetical upcoming digital euro would possess. During a speech, Nagel specified that the Eurosystem would have “no interest” in monitoring the payments and expenses of digital euro users and would not be able to identify them based on their payments. Deutsche Bundesbank President […] from Bitcoin News https://ift.tt/fNtR6CT via IFTTT

A Further Crackdown On Bitcoin Mixing Services Will Hurt Human Rights Activists

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The charges brought against Samourai Wallet’s founders could be part of an international effort to limit Bitcoin privacy-preserving technologies, which would hurt those who need these technologies the most. bit.ly/3f7o14k http://dlvr.it/T62KFj

One of Only Four Bitcoin "Epic Sats" Just Auctioned Off For Over $2.1 Million

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ViaBTC sold the fourth ever “epic sat” for over $2.1 million less than a week after mining it during the Bitcoin halving. bit.ly/3f7o14k http://dlvr.it/T62Jvy

Samourai Did Nothing Wrong, Self Custodial Tools Are Not Money Transmitters

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A reaction to the indictment charges against the Samourai developers yesterday, and the patently absurd distortions of reality, prior regulatory clarification, and the functionality of the software to categorize them as a money transmission business. bit.ly/3f7o14k http://dlvr.it/T62Jbk

Pension Consultants are Buying US Spot Bitcoin ETFs: 13F SEC Fillings

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Recent 13F SEC filings reveal major pension consultant is buying spot Bitcoin ETFs. bit.ly/3f7o14k http://dlvr.it/T62JCz

Morgan Stanley Moving to Start Bitcoin ETF Sales: Reports

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Major bank Morgan Stanley may soon allow its 15,000 brokers to recommend Bitcoin ETFs to clients. The move could boost inflows and send a legitimizing signal to other financial institutions. bit.ly/3f7o14k http://dlvr.it/T62HqN

‘No ETF Has Ever Done Anything Close’ — Analyst Highlights Record GBTC Outflows, Surpassing All ETFs #Bitcoin https://ift.tt/4nGUJjB

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While Blackrock’s spot bitcoin exchange-traded fund (ETF), IBIT, experienced a continuous influx for 71 days before halting this week, Grayscale’s Bitcoin Trust (GBTC) holds the record with 72 consecutive days of outflows, surpassing all other ETFs on record. “No ETF has ever done anything close to that,” observed Eric Balchunas, Bloomberg’s senior ETF analyst, on […] from Bitcoin News https://ift.tt/cf1dLRP via IFTTT

Blackrock’s Bitcoin ETF Wallets Hold Over $20,000 in Runes Tokens, Arkham Data Shows   #Bitcoin https://ift.tt/4nGUJjB

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Amid the excitement of Bitcoin’s new Runes protocol, Blackrock’s exchange-traded fund (ETF) wallets now contain over $20,000 worth of RSIC•GENESIS•RUNE tokens. Blackrock’s IBIT Benefits From Airdropped Runes Tokens On Thursday, Arkham, an onchain intelligence firm, revealed on social media platform X that two of Blackrock‘s IBIT bitcoin addresses possess tokens based on the Runes protocol. […] from Bitcoin News https://ift.tt/TPrmDJ7 via IFTTT

‘Privacy Is Not a Crime’ — Samourai Indictment Provokes Strong Reactions From Crypto Advocates #Bitcoin https://ift.tt/4nGUJjB

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On Wednesday, the U.S. Department of Justice from the Southern District of New York brought charges against the creators of Samourai Wallet for running an unlicensed money transmission service and for engaging in money laundering activities. This development has left the cryptocurrency community in dismay, with many expressing their displeasure over the aggressive measures employed […] from Bitcoin News https://ift.tt/HxmDAMu via IFTTT

Open Source Justice Manifesto

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The Open Source Justice Foundation is a non-profit charity focused on open source protocols that can alleviate the need for a traditional justice system. Learn more about OSJF's work at opensourcejustice.org. bit.ly/3f7o14k http://dlvr.it/T5zk8h

The Patriot Act 2.0

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A quick breakdown of the recent renewal of FISA 702, and the implications it has on the civil rights of American citizens. bit.ly/3f7o14k http://dlvr.it/T5zjwW

Bitcoin Lightning App Strike Expands to Europe with Global Transfers

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Bitcoin payments app Strike announces its launch in Europe, bringing bitcoin buying, selling, and transfers to millions. bit.ly/3f7o14k http://dlvr.it/T5zjdQ

Block Enables Millions of Square Sellers to Convert Sales to Bitcoin With Cash App

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Funds from daily sales can now be used to purchase bitcoin automatically at the end of each day. bit.ly/3f7o14k http://dlvr.it/T5zjGz

Unchained Is Helping Users Secure 90,000 BTC And Counting in Self Custody

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Joe Kelly, CEO and co-founder of Bitcoin financial services platform Unchained, is determined to give users a true Bitcoin experience, while still meeting them where they’re at. bit.ly/3f7o14k http://dlvr.it/T5zhs5

Tesla Maintains Bitcoin Holdings — Balance Sheet Shows $184 Million in Digital Assets #Bitcoin https://ift.tt/5gbV1r9

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Elon Musk’s electric car company, Tesla, has maintained its bitcoin holdings. The company’s Q1 balance sheet shows net digital assets of $184 million. According to crypto analytics firm Arkham, Tesla continues to hold onto its 11,509 bitcoins, which have a market value of over $745 million. Tesla Holding Onto Its Bitcoin Elon Musk’s electric car […] from Bitcoin News https://ift.tt/tdofRxp via IFTTT

Stacks Launches Nakamoto Upgrade to Enhance Bitcoin L2 Functionality #Bitcoin https://ift.tt/5gbV1r9

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Stacks has initiated the rollout of its Nakamoto upgrade introducing improvements to its Bitcoin layer two (L2) solution. The upgrade aims to bolster transaction speed and security, potentially revitalizing interest in Bitcoin’s extended capabilities. Stacks Initiates Nakamoto Upgrade, Targets Enhanced Bitcoin Scalability Stacks, an L2 protocol addressing Bitcoin’s scalability challenges and expanding its blockchain functionalities, […] from Bitcoin News https://ift.tt/g4SqprJ via IFTTT

US Authorities Charge Founders of Bitcoin Mixer Samourai Wallet for Laundering Over $100 Million #Bitcoin https://ift.tt/5gbV1r9

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The U.S. Department of Justice has indicted the founders of Samourai Wallet, Keonne Rodriguez, and William Lonergan Hill, on charges of operating an unlicensed money-transmitting business and laundering over $100 million through illicit transactions. DOJ Indicts Samourai Wallet Founders for Allegedly Operating $100 Million Crypto Laundering Ring According to the indictment unsealed by the Southern […] from Bitcoin News https://ift.tt/u0X7ZwL via IFTTT

Nigerian Central Bank Disavows Letter Directing Banks to Sever Ties With Crypto Exchanges #Bitcoin https://ift.tt/5gbV1r9

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The Central Bank of Nigeria (CBN) has disavowed a letter that allegedly instructed financial institutions to sever ties with four global cryptocurrency exchanges. The central bank stated that the letter did not originate from its office and recommended that individuals interested in “authentic updates” refer to its official website. Fake Content The Central Bank of […] from Bitcoin News https://ift.tt/LrRobhq via IFTTT

Bitcoin Decentralization and Where to Find It

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A walk through the nuance of what "decentralization" means in the context of Bitcoin, and how to conceptualize the different aspects of it. bit.ly/3f7o14k http://dlvr.it/T5x2pg

Jack Dorsey And Block Are Developing A Full Bitcoin Mining System

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Block says it aims to unlock innovation and support the development of new mining system form factors and use cases. bit.ly/3f7o14k http://dlvr.it/T5x2b9

How To Keep Your Bitcoin Safe When You Have to Flee Your home

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Sometimes things get politically or economically so unstable that you have no option but to flee your home. Bitcoin offers an immensely powerful tool to safely bring your wealth with you. bit.ly/3f7o14k http://dlvr.it/T5x2GV

Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig #Bitcoin https://ift.tt/9z3aA4B

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On Tuesday, Jack Dorsey, the founder of Block, took to X to announce that the company is “building a mining rig.” Dorsey also shared a blog post authored by Block’s lead for mining hardware products, Naoise Irwin. The post revealed enhancements in the chip design, upgrading from the initially planned 5-nanometer (nm) process to an […] from Bitcoin News https://ift.tt/RQ41iLp via IFTTT

SEC Lawyers Resign After Judge Sanctions the Regulator for ‘Gross Abuse of Power’ #Bitcoin https://ift.tt/9z3aA4B

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Two lead attorneys for the U.S. Securities and Exchange Commission (SEC) in the case against crypto firm Debt Box have reportedly resigned. This followed a federal judge sanctioning the SEC for its “gross abuse of power” after the agency made “materially false and misleading representations” in its lawsuit against the cryptocurrency firm. Lead Attorneys in […] from Bitcoin News https://ift.tt/0Sg6Ccv via IFTTT

Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions #Bitcoin https://ift.tt/9z3aA4B

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PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started receiving payments in USDT last year and will accelerate its adoption. Tether, nonetheless, stated it will uphold OFAC […] from Bitcoin News https://ift.tt/A8L6MD7 via IFTTT

Controversy Swirls Around Bitcoin’s BIP-420: Push Behind Opcode ‘Isn’t in Good Faith,’ Says Developer #Bitcoin https://ift.tt/9z3aA4B

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On Monday evening, Taproot Wizards co-founder Udi Wertheimer unveiled a Bitcoin Improvement Proposal (BIP) that reintroduces the OP_CAT opcode to Bitcoin. This opcode could facilitate more streamlined and efficient decentralized file hosting systems, payment channels, and sophisticated Bitcoin smart contracts by minimizing reliance on intricate cryptographic techniques. However, Bitcoin developer Luke Dashjr has labeled the […] from Bitcoin News https://ift.tt/RybPOz3 via IFTTT

Reynolds Foundation Donates $1 Million To Fund Bitcoin And Open-source Projects

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100% of the funds will go towards funding "projects and contributors working on freedom tech." bit.ly/3f7o14k http://dlvr.it/T5ss2B

US Presidential Candidate RFK Jr Unveils Plan to Put Entire US Budget on Blockchain #Bitcoin https://ift.tt/BaAxUJq

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U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has unveiled his plan to put the entire U.S. budget on a blockchain. “Every American can look at every budget item in the entire budget, anytime they want, 24 hours a day,” he explained, adding that if somebody is spending $16,000 for a toilet seat, everybody […] from Bitcoin News https://ift.tt/fQvpiZ5 via IFTTT

Bitwise: Bitcoin Will Have ‘a Great Next 12 Months’ #Bitcoin https://ift.tt/BaAxUJq

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Bitwise Asset Management expects bitcoin to have a great next 12 months. A Bitwise researcher has explained that the cryptocurrency will likely continue to test its “higher highs” this year and next. He considers regulatory risk to be the primary concern for bitcoin. ‘I Think We’re Just Getting Started’ Bitwise Asset Management has reaffirmed its […] from Bitcoin News https://ift.tt/GtrmdAg via IFTTT

Bitcoin is Borderless: How Decentralization and Permissionlessness Grant Autonomy Across Political Jursidictions

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Bitcoin exists outside the control of central authorities and in doing so, allows individuals to control and safeguard their wealth regardless of the political and social climate they find themselves in. The seventh installment of “10 Steps to Self-Sovereignty” powered by Ledger. bit.ly/3f7o14k http://dlvr.it/T5sbwq

Democracy Fails Without Cryptocurrency #Bitcoin https://ift.tt/BaAxUJq

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Amidst a decline in traditional democratic structures and financial systems, cryptocurrencies emerge as a revitalizing force, offering a new form of accountability and transparency that could potentially restore public institutions. Cryptocurrency Might Be the Last Hope for a Crumbling Democratic System It’s become clear that democracy is in trouble, especially after the scale of disasters […] from Bitcoin News https://ift.tt/sCU62Wc via IFTTT

Crypto Assets Record 7-Day Upticks: NEAR Rises 33%, BONK Up by 32% #Bitcoin https://ift.tt/BaAxUJq

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According to the most recent figures, the value of the cryptocurrency market has reached $2.43 trillion after a 2.62% increase in the last 24 hours. Bitcoin and ether have risen by 4% and 3.5%, respectively. NEAR experienced a significant uptick of 33% this past week, while BONK escalated by 32.7%. Digital Currency Market Grows: 17 […] from Bitcoin News https://ift.tt/wg9n7TE via IFTTT