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Bitfarms (BITF), a Bitcoin mining company, has successfully secured two power purchase agreements in Paraguay, allowing it to add up to 150 megawatts (MW) of hydropower capacity. The firm announced on Wednesday that one agreement, for up to 50 MW, is located in Villarrica, near Bitfarms' existing operations. The
At an event organized by the Heal-the-Divide PAC, Democratic Presidential Candidate, Robert F. Kennedy Jr., shared his Bitcoin-oriented policies that he would implement as president, including a plan to gradually back the U.S. dollar with Bitcoin and remove capital gains taxes from Bitcoin earnings. Kennedy's proposal includes
In a potentially far-reaching move, Coin Center's case challenging Congress's expansion of Section 6050I of the tax code was dismissed yesterday. This event is a wake-up call for all Americans - not just for Bitcoiners - as it lays the groundwork for expansive surveillance, no Central
News • Bitcoin • Jul 21, 2023In a potentially far-reaching move, Coin Center's case challenging Congress's expansion of Section 6050I of the tax code was dismissed yesterday. This event is a wake-up call for all Americans - not just for Bitcoiners - as it lays the groundwork for expansive surveillance, no Central
News • Bitcoin • Jul 21, 2023Bitfarms (BITF), a Bitcoin mining company, has successfully secured two power purchase agreements in Paraguay, allowing it to add up to 150 megawatts (MW) of hydropower capacity. The firm announced on Wednesday that one agreement, for up to 50 MW, is located in Villarrica, near Bitfarms' existing operations. The
News • Bitcoin • Jul 19, 2023At an event organized by the Heal-the-Divide PAC, Democratic Presidential Candidate, Robert F. Kennedy Jr., shared his Bitcoin-oriented policies that he would implement as president, including a plan to gradually back the U.S. dollar with Bitcoin and remove capital gains taxes from Bitcoin earnings. Kennedy's proposal includes
News • Bitcoin • Jul 18, 2023Binance, one of the largest Bitcoin and cryptocurrency exchanges in the world, has recently integrated the Lightning Network for faster and more streamlined Bitcoin transactions. As of today, the platform allows its users to deposit and withdraw Bitcoin via the Lightning Network. https://twitter.com/binance/status/1680777249090576385 Through the
News • Bitcoin • Jul 17, 2023The much-anticipated launch of the first European spot Bitcoin ETF has been delayed significantly, but may potentially be approved in the near future. Meanwhile, the United States is also displaying an increase in interest for a similar financial product, initiated by BlackRock's submission for an American spot Bitcoin
News • Bitcoin • Jul 14, 2023Coinfinity, a renowned Bitcoin broker based in Austria, has recently integrated the Lightning Network in order to execute Bitcoin transactions more cost-effectively and with faster transaction processing times. Coinfinity's Chief Growth Officer Thomas Burgstaller stated that "being this early to market is an important innovation step for
News • Bitcoin • Jul 11, 2023Bitcoin mining services provider Luxor Technologies’ Derivatives Desk now includes derivatives contracts that last six months along with daily settlement rates, giving market players longer-term contracts and quicker access to liquidity. This move is designed to increase hedging efficiency and decrease capital cost in the Bitcoin mining derivatives sector. Luxor&
News • Bitcoin • Jul 10, 2023Brazilian Bitcoin startup Bipa has successfully concluded its seed funding round, accruing R$8 million, or around $1.4 million. New Form Capital and Hivemind Ventures are part of this funding round and will support Bipa's mission to simplify Bitcoin transactions for Brazilians and expand its customer base.
News • Bitcoin • Jul 07, 2023