Ron DeSantis – the republican governor of Florida who recently threw his hat into the 2024 presidential ring – said that the present commander-in-chief Joe Biden has started a crypto war that will end once he, DeSantis, becomes the next leader of the free world. Ron DeSantis Vows to Open the Crypto Door as President During a recent campaign event in New Hampshire, DeSantis pledged his love and loyalty to bitcoin, continuing a string of pro-crypto statements that...
Read More »BitGo Partners with Swan Bitcoin to Float First-Ever Bitcoin-Only Trust Company
The new Bitcoin-only trust company will combine expertise from BitGo and Swan Bitcoin to drive adoption with minimal exposure. California-based crypto custodian BitGo Inc and Bitcoin services firm Swan are working to create a Bitcoin-only trust company. The new firm will offer customers Bitcoin custody without the risk of exposure to the crypto market. According to an official press release, the new firm will be the first Bitcoin-only trust company. It will combine regulatory compliance...
Read More »Mark Yusko: BTC Could Hit $300K by 2028
Mark Yusko – the head executive of Morgan Creek Capital Management, a hedge fund – has stated that bitcoin could reach a price of about $300,000 per unit by the time 2028 rings in. Mark Yusko Has High Hopes for Bitcoin Right now, the gold arena has a market capitalization of about $6 trillion. He believes bitcoin will soon be able to rival the precious metal thanks, in large part, to next year’s scheduled halving. He says BTC is going to experience enough of a...
Read More »Robert Kennedy Jr. Says Bitcoin ISN’T Hurting the Planet
Democratic presidential hopeful Robert Kennedy Jr. has serious issues with the idea that bitcoin is causing harm to the world’s oceans and environment. Robert Kennedy Dismisses Environmental Concerns Regarding BTC Bitcoin – especially bitcoin mining – has been the subject of several environmentalists’ wrath over the past few years. There have been many reports claiming that crypto mining is doing irreparable harm to the planet and the process uses more energy than...
Read More »Bitcoin Miners’ Clean Energy Usage Reportedly Surges Past 50%, Here’s What It Means for BTC Price
If not for anything else, the latest report about clean energy usage could mean a greater move toward the adoption of BTC. A Bloomberg analyst has just reported on the present situation with Bitcoin (BTC) miners as it concerns clean energy usage. In a recent thread on X (formerly Twitter), the analyst, Jamie Coutts said that the percentage of clean energy used for Bitcoin mining has gone past 50%. That is more than 50% of Bitcoin mining now comes from renewable sources. According to...
Read More »Introducing MDAO Maker Launchpad: Your Solution to Profit in a Bear Market
As the global economy is going through a period of total uncertainty amid the crises of the last three years, individuals are increasingly searching for ways to protect their savings. Cryptocurrencies have emerged as a popular solution, offering financial independence and autonomy from government regulations. However, the cryptocurrency market has faced challenges due to global macroeconomic situations and inflation data, resulting in a prolonged period of decline...
Read More »Bitcoin Cash Analysis: Rally Gains Pace Above $210
Bitcoin cash started a strong increase above the $200 and $210 levels against the US Dollar. The price is now trading above the $210 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $190 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $225 and $232 to continue higher in the near term. Bitcoin cash price is climbing above $210 against the US Dollar, like...
Read More »Bulletin hebdomadaire Bitcoin Optech #267
Bulletin d’information hebdomadaire Bitcoin Optech du 6 septembre 2023 traduit par @copinmalin. Cette semaine, la newsletter s’intéresse à une nouvelle technique de compression des transactions Bitcoin et à une proposition de co-signature améliorée pour la confidentialité des transactions. Elle inclut également nos sections régulières annonçant les nouvelles versions de logiciels et les versions...
Read More »New Bitcoin Ordinals Non-Profit is Underway
The team behind Bitcoin Ordinals (a new string of non-fungible tokens or NFTs) said in a recent interview they have created a new non-profit organization designed to support further inscriptions and NFT developments on the bitcoin blockchain. Thus far, the team has created roughly 21 million inscriptions. Bitcoin Ordinals Non-Profit Group is Coming While NFTs may not be anything new at this stage, the idea of NFTs being on the bitcoin blockchain is. Up to this...
Read More »Why Did Bitcoin Drop in Early August? Analysts Weigh In
The digital currency arena gave traders a bit of a scare in early August this year when for the first time in several weeks, the prices of many major assets – bitcoin among them – fell to new lows. BTC, for example, dropped below $29,000 for the first time in a while, sending all investors into a whirlwind of fear and concern. Bitcoin Fell for the First Time in Weeks Ethereum was the other major digital currency to dip alongside bitcoin. The second largest crypto...
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