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Argentine President Javier Miley's economic program is a typical Ponzi scheme, according to Saifedean Ammous, author of “The Bitcoin Standard.” Anatomy of the Milei Ponzi In my previous piece on Milei[1] 18 days ago, I argued that the Milei administration is…
A dormant Bitcoin wallet that has been inactive for over 11 years has moved 1,000 BTC worth about $116.6 million, Lookonchain analysts report, citing data from the Arkham platform. The wallet with the address “1NzH…DrtpZo” transferred all funds to four new…
Chinese company Next Technology Holding, the largest corporate holder of bitcoin in the Middle Kingdom, announced its intention to sell shares worth up to $500 million to buy additional bitcoins. What's behind the decision The company filed documents with the Securities…
Sub-Saharan Africa saw a significant surge in cryptocurrency activity in March, with monthly transaction volumes on the network reaching $25 billion, largely driven by centralized exchanges in Nigeria. Nigeria is fueling cryptocurrency growth in sub-Saharan Africa Sub-Saharan Africa (SSA) saw a…
Peter Schiff says Bitcoin is losing momentum ahead of Fed rate cut. In his opinion, gold and silver are overtaking the first cryptocurrency. Meanwhile, the crypto community believes that the asset will show greater profits than gold. Noted crypto skeptic and…
If the first cryptocurrency overcomes the key resistance at $117,500, it will open the way to updating historical maximums, said MN Capital founder Michael van de Poppe. #Bitcoin is still nicely consolidating. The crucial resistance remains the same, this is the…
Fidelity analysts predict that by 2032, a significant portion of bitcoins could leave active circulation, which would have a significant impact on the market. According to research from Fidelity, up to 8.3 million bitcoins could become illiquid by 2032. That would…
Billionaire Jack Dorsey today called on the community to help Square merchants switch to bitcoin payments. “Orange checkout button coming soon,” Dorsey wrote on social media, hinting that Square will introduce bitcoin payment options for merchants. The Square co-founder and former…
On September 16, representatives of 18 companies, including cryptocurrency and traditional ones, will meet regarding the BITCOIN Act. In particular, Michael Saylor and Tom Lee will join the discussion on the Bitcoin Strategic Reserve. In addition, the participants in the process…
Bitcoin Core developer Jimmy Song said the Taproot update fell short of expectations because it failed to deliver the privacy and security features promised. He said the update failed to account for a “social attack surface” that allowed non-financial transactions like…
Bitcoin Core has reduced the standard transaction fee by 90%, one of the most significant changes in recent years aimed at reducing the cost of transfers on the Bitcoin network. In the Bitcoin Core 29.1 update, released on September 4, the…
Hyperscale Data plans to invest $100 million in Bitcoin. Part of the funds will be raised through the sale of a data center in Montana. Hyperscale Data is actively expanding its AI campus in Michigan. Hyperscale Data, a company specializing in…