Since July 29th, Grayscale and MicroStrategy have purchased 14,422 BTC and 21,454 BTC respectively, totaling more than $410 million USD in value at the time of writing. During the same period, Bitcoin miners mined 12,594 BTC. In other words: two institutions bought three times as much bitcoin
On August 4th, word began to spread online of a massive explosion in Beirut. By Lebanese government estimates, a reported $10-15 billion USD worth of damage was incurred due to the blast.
The Bitcoin community is banding together in the wake of the mysterious explosion, responding by donating satoshis to
MicroStrategy, a business services company based in Virginia, made history this week when it became the first public company to ostensibly purchase bitcoin as an investment. As the BTC Times reported, the company scooped up 21,454 bitcoin with $250 million USD from their balance sheet.
The move was hailed
MicroStrategy, a business services company based in Virginia, made history this week when it became the first public company to ostensibly purchase bitcoin as an investment. As the BTC Times reported, the company scooped up 21,454 bitcoin with $250 million USD from their balance sheet.
The move was hailed
Since July 29th, Grayscale and MicroStrategy have purchased 14,422 BTC and 21,454 BTC respectively, totaling more than $410 million USD in value at the time of writing. During the same period, Bitcoin miners mined 12,594 BTC. In other words: two institutions bought three times as much bitcoin
On August 4th, word began to spread online of a massive explosion in Beirut. By Lebanese government estimates, a reported $10-15 billion USD worth of damage was incurred due to the blast.
The Bitcoin community is banding together in the wake of the mysterious explosion, responding by donating satoshis to
Multiple news outlets have recently run reports comparing the Lightning Network’s liquidity to that of Wrapped Bitcoin (WBTC), an ERC20 token representing bitcoin issued on the Ethereum blockchain.
The amount of liquidity within WBTC has surged in recent times, seemingly outpacing that of the Lightning Network.
This trend has
Industry executives are buoyant towards the unexpected purchase of nearly $250 million USD worth of Bitcoin by MicroStrategy. It became the first publicly listed company in the U.S. to purchase bitcoin.
Bitcoin, unlike many other cryptocurrencies, has a fixed supply of 21 million. Its finite supply and resulting scarcity
The “Great Recession” in 2008 highlighted the dangers of a highly centralized financial system, igniting a global push towards decentralization that resulted in the creation of Bitcoin – a decentralized digital currency.
Some critics, however, point to the concentration of hashpower amongst a select few mining pools as well as the
August 8th, 2020, Dublin - Independent media firm the BTC Times today announced the launch of its comprehensive news platform, a brand-new destination for quality reporting on the news and developments surrounding Bitcoin.
Readers will be able to explore daily news, interviews, analyses, and opinion pieces by subject matter experts
Nick Chong is a writer and analyst who has been following Bitcoin since 2013. When he is not writing, he works on HTC's Bitcoin phone, EXODUS.
One of the biggest undercurrents to Bitcoin's success today is demographics. The study of human beings may seem to have
