Ethscriptions Launch as Alternative to Bitcoin Ordinals
Ethscriptions are an innovation analogous to Bitcoin-derived Ordinal inscriptions but leveraging the power of the Ethereum blockchain
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BlackRock Applies for Spot Bitcoin ETF
The largest investment company globally is eyeing the first crypto spot ETF in the United States
BTC Gets Its Own Benchmark Interest Rate Index
Benchmark LINER (Lightning Network Rate) is an innovative index designed to measure bitcoin (BTC) returns on the Lightning Network and showcase its potential for low-risk enterprise yield
El Salvador to Use Volcano Energy for $1B Bitcoin Mining Park
The small country of El Salvador is home to 30 volcanoes, 20 of which are potentially active. This “volcano energy” will not go to waste, being harnessed for an ambitious $1B Bitcoin mining project
Neutronpay and Bitnob to Improve Cross-Border Payments Between Asia and Africa
The partnership aims to use the potential of both companies for creating new routes and payment options for bilateral cross-border trade between Vietnam and Africa using the Lightning Network
Bitdeer and Bhutan Investment Arm Launch Sustainable Digital Asset Mining
The upcoming carbon-free digital asset mining operations in Bhutan complement Bitdeer’s international expansion, with existing data centers in Northern Europe and North America
Utilization Of Bitcoin In The International Exchange
Bitcoin cryptocurrency has received a lot of appreciation from all the sectors which have accepted it as a potent form of money. There are a lot of industries and departments that have met the Bitcoin cryptocurrency and have made an investment in the system so that they can become part of the structure and can […]
Crypto stats as of Thursday, 20 April, 2023
The state of top crypto coins, as of today — Thursday, 20 April, 2023. Bitcoin (BTC) At the time of writing, the value of 1 Bitcoin is $29,099.65. Within the past 24 hours, over 345,134 BTC has been sent in various transactions, equivalent to $9,870,829,671. While the average transaction value is 1.19 BTC ($33,941), the […]
PostFinance Bank to Offer Crypto Services
Swiss government-owned bank PostFinance is partnering with Sygnum Bank to enable its 2.5 million customers to buy, store and sell bitcoin and ether
Biden Budget Proposes Crypto Mining Tax
A budget proposal by U.S. President Joe Biden aims to “reduce mining activity” with a 30% tax on electricity costs linked to the cryptocurrency mining process
Bybit Rolls Out Crypto-To-Fiat Debit Card
Crypto exchange Bybit has launched the first phase of the rollout of Mastercard crypto-to-fiat debit card, which supports a number of blue-chip cryptocurrencies
Block’s TBD Division Launches C= to Improve Bitcoin Lightning Network
The new venture c= founded by Block’s (formerly, Square) TBD division aims to expand the reach of the Bitcoin Lightning Network through added liquidity and routing services
Silvergate on the Brink of Bankruptcy, Wiping $22 Billion From Bitcoin Market Cap
The crypto-focused bank Silvergate warned it would miss the annual financial report deadline and raised questions about its ability to survive. A wave of uncertainty caused about 5% Bitcoin decline
Hundreds of Bitcoin ATMs Go Off the Grid in 60 Days
In January 2023, the global Bitcoin ATM network declined by 289 machines, with the number of crypto ATMs further cut down in February by 123 machines
Hong Kong Welcomes Crypto Trading With New Policies
Hong Kong proposes milder crypto regulations that would let retail investors trade certain “large-cap tokens” on licensed exchanges, emerging as one of the new hubs for the virtual asset industry
Crypto Outflows Surge Amid SEC Crackdown
Institutional investors are massively withdrawing crypto funds as the SEC targets more and more aspects of the crypto industry in the US, making it harder for crypto trading platforms to provide custody, minting and staking services
Bitcoin is a pioneer cryptocurrency, created in 2009 by an anonymous person or group of people known as Satoshi Nakamoto. This digital currency allows people to send and receive money over a decentralized blockchain network without using a bank or third-party intermediaries.
Often labelled as "digital gold," Bitcoin allows secure, transparent, and borderless transactions powered by blockchain technology — a public ledger that records all transactions. The cryptocurrency has a limited supply of 21 million coins, making it resistant to inflation, and is created by a process called 'mining' – adding new transaction blocks by using powerful computers to solve complex mathematical problems.
