Tag Archives: AA News

If Dorsey didn’t work on Square and Twitter, he would be doing something on the Bitcoin network, he said during the ongoing BTC conference. Additionally, he said that the primary cryptocurrency is the most important work in his lifetime. Speaking at the 2021 Bitcoin Conference, the CEO of Square and Twitter asserted that BTC “changes everything” for him as the freedom it represents draws him in the most. Moreover, he noted that “I don’t think there’s anything more important...

During the ongoing Bitcoin 2021 conference, Michael Saylor spoke with long-time BTC proponent Max Keiser on why and how he started buying, the asset’s merits, and what cannot happen with it. Saylor, who has purchased tens of thousands of bitcoins for himself and the company he runs – MicroStrategy – in the past year, outlined his primary reason why he started purchasing. He was first offered bitcoin in 2014 when he skipped because he thought investing in stocks of “big tech...

Bitcoin 2021, the biggest BTC-oriented conference so far, is taking place in Miami right now. Opening the event was, somewhat expectedly, the mayor of the city – Francis Suarez. Francis Suarez at Bitcoin 2021. Source: CryptoPotatoMayor Suarez spoke highly of Bitcoin and the entire movement of cryptocurrencies. He even compared them to what Miami is trying to achieve in becoming a technology hub. He said that many believe the current inflow of people to the city is mainly due...

Although the Reserve Bank of India recently issued a new circular clarifying that digital assets are not outlawed in the country, the entity still believes they carry significant risks. As such, the RBI has taken its concerns to the government, asserted the bank’s governor – Shaktikanta Das. The world’s second-most populated nation has always had a complicated relationship with the cryptocurrency space. An RBI directive from 2018, which most people considered as an all-out...

Bitcoin whales seem not to care about Elon Musk’s comments on bitcoin anymore as they have continued accumulating significant portions of the asset. Such wallets have expanded their BTC holdings by roughly $2 billion since the market started dumping. Bitcoin Whales Keep Purchasing Bitcoin whales are typically described as wallets containing between 100 to 10,000 bitcoins. According to data from the analytics company Santiment, such addresses have been unfazed by the latest...

The antivirus company NortonLifeLock announced a new feature on its platform, named Norton Crypto. Its mission will be to enable customers to mine Ethereum in a safe and accessible way. Mining ETH In a recent announcement, the cybersecurity firm notified its nearly 13 million customers about a new service on its platform. Called Norton Crypto, it will provide a “safe and easy way” for consumers to mine one of the largest digital assets by market capitalization – ether (ETH)....

Bitcoin could be heading towards a significant price boost, at least according to several on-chain features. Miners have ceased disposing of their coins, and so have long-term hodlers. At the same time, the Stablecoin Supply Ratio has dropped substantially lately. Miners and Long-Term Holders Refuse to Sell Apart from being the backbone of the Bitcoin network, miners also have a notable role when it comes down to the price of the underlying asset. As previously reported by...

The stimulus bill signed by the US government pushed Miami’s pro bitcoin mayor to purchase portions of the two largest cryptocurrencies by market cap. In a recent interview, Francis Suarez also touched upon the role that Elon Musk plays in the market and said that BTC could serve as a valid hedge only after it stops going up and down by double-digits after interactions by Tesla’s CEO. Miami Mayor Owns BTC and ETH Ever since the start of the year, Francis Suarez, the current...

The Solana Foundation has partnered with the large South Korean blockchain accelerator ROK Capital to launch a $20 million fund. It aims to develop the Solana blockchain ecosystem by enhancing various projects, including those related to DeFi, NFTs, and Web3. Solana and ROK Capital Launch a $20M Fund Founded in 2017, Solana is a web-scale blockchain providing “fast, secure, scalable, and decentralized applications and marketplaces.” By employing the intra-shard parallelism,...

Elon Musk’s debacle with the cryptocurrency community over BTC’s energy consumption levels has turned people against him, revealed a recent report. A company tracking social sentiment has outlined a significant reversal in social media engagements, with the majority taking a negative approach towards Tesla’s CEO. Elon Musk Sentiment Goes Into Negative Territory It’s safe to say that Elon Musk is among the most influential people these days. The billionaire runs some of the...