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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…
American writer, TV and radio host Dave Ramsey has criticized cryptocurrencies, calling investments in them stupid and comparing them to throwing money away on gambling. Ramsey said cryptocurrencies are untested investments. The financial expert compared digital assets to commodities, gold, and…
Bitcoin rose above $116,000 after the release of the US Consumer Price Index (CPI), and traders were filled with optimism. BTC/USD 1-day chart. Source: Bitstamp Inflation data strengthens bets on interest rate cuts According to Bitstamp and TradingView, the BTC/USD rate…
Short-term holders are posting losses again for the first time in four months, CryptoQuant said. The SOPR indicator fell below the breakeven line despite the rise in the price of Bitcoin. Analysts note weak activity among retail investors and the absence…
Bitcoin can solve two of Africa's main problems – the devaluation of national currencies and inflation, said the head of Africa Bitcoin Corporation (ABC) Stafford Maisie. According to Maisie, Bitcoin holders in Europe, America and the Middle East mostly view it…
In December 2013, GameKyuubi posted on the Bitcointalk forum with the title “I AM HODLING.” High on whiskey and upset by Bitcoin’s 39% drop in a day, he meant to write “holding,” but made a typo. That accidental mistake turned into…
The era of easy money in corporate reserves is ending, the market is entering a competitive phase. Coinbase points out that the 'September effect' for Bitcoin is illusory. Fed rate cuts to support digital asset growth in final quarter of year…
The world has entered an era where gold and bitcoin are the main assets that help preserve wealth and support the dominance of the US dollar, says Flying Frisby newsletter author and MoneyWeek chief columnist Dominic Frisby. De-dollarization is gaining momentum,…
Prominent angel investor Jason Calacanis recommends that investors avoid shares of MicroStrategy (now Strategy), founded by Michael Saylor. Instead of investing directly in the company, he advises investing directly in Bitcoin. Kalakanis' key arguments: Strategy shares are “complex, multi-layered” and investors…