Speed, the company behind the Speed Wallet, has launched USDT-L, the first iteration of Tether, the largest stablecoin on the crypto market, on top of Bitcoin’s Lightning Network (LN). The wrapped token, which takes advantage of the “taproot assets” protocol recently rolled out by Lightning Labs… » …Read More
Sony Block Solutions Labs, an initiative by Sony Group, recently introduced Soneium, an Ethereum layer two (L2) blockchain. Designed to seamlessly connect Web3 and Web2, Soneium promises enhanced scalability, efficiency, and a developer-friendly environment. The project’s goal is to make blockchain technology more accessible by integrating it into mainstream applications… » …Read More
Marathon Digital Holdings announced a $250 million private offering of convertible notes to expand its bitcoin holdings. The Bitcoin mining firm aims to mimic MicroStrategy’s corporate bitcoin accumulation strategy… » …Read More
Bitcoin faced a challenging August, with its price dipping by 8.6%. Data shows that although 84 previously inactive bitcoin wallets became active last month, the total amount of vintage BTC spent was lower in August than in July. Specifically, dormant wallets spent around 2,291 BTC from addresses that hadn’t been touched between 2011 and 2017……
Japan’s largest power company TEPCO has begun mining Bitcoin through its subsidiary using excess renewable energy, showing how Bitcoin can incentivize green energy growth… » …Read More
NFT sales experienced a dip this week, dropping 8.78% compared to the previous seven days. Total sales amounted to $77.46 million, with a sharp decrease in both buyers (down 64.47%) and sellers (down 66.40%). Bitcoin NFTs Surge 29.36% as Overall NFT Sales Dropped Over the past week… » …Read More
Ethereum (ETH) remains a leading cryptocurrency in the DeFi space, holding the second-largest market capitalization after Bitcoin. However, recent price fluctuations have made it unstable, influenced by U.S. election trends, economic indicators, and global geopolitical situations. As a result, investors are increasingly compelled to diversify their portfolios in response to this market environment… » …Read More
What We’re Reading: Bitcoin: A Global Liquidity Barometer I have been intrigued by the significant increase in global liquidity during 2024, driven by extensive money printing and debt expansion, and how it impacts Bitcoin’s price. Bitcoin is an expression against the government’s monetary expansionist policies, so its price follows global liquidity… » …Read More
MicroStrategy purchased an additional $489 million of Bitcoin, swelling its corporate Bitcoin treasury to over 252,000 BTC worth nearly $10 billion. The company’s Bitcoin strategy aims to boost returns and hedge against inflation… » …Read More
Kamala Harris has done nothing to confirm she will support or protect the industry so far, while her political opponent is going above and beyond for it… » …Read More