As Bitcoin has been experiencing accelerated institutional demand in recent months, one primary narrative has often stood out from the rest: a growing number of large investors can be observed comparing Bitcoin to gold and assigning it similar, if not better qualities as a store of value.
The latest to
Bitcoin is highly speculative, "hugely energy-intensive," lacks "value backing," and "may well break down altogether"—this is how Bank for International Settlements General Manager Agustin Carstens summarized his opinion on Bitcoin at a policy seminar by The Hoover Institute on Wednesday.
In his talk
In a testament to his support for Bitcoin, Miami mayor Francis Suarez announced on Wednesday that the Miami municipal webpage now hosts the Bitcoin white paper:
"The City of Miami believes in #Bitcoin and I’m working day and night to turn Miami into a hub for crypto innovation.
In a testament to his support for Bitcoin, Miami mayor Francis Suarez announced on Wednesday that the Miami municipal webpage now hosts the Bitcoin white paper:
"The City of Miami believes in #Bitcoin and I’m working day and night to turn Miami into a hub for crypto innovation.
As Bitcoin has been experiencing accelerated institutional demand in recent months, one primary narrative has often stood out from the rest: a growing number of large investors can be observed comparing Bitcoin to gold and assigning it similar, if not better qualities as a store of value.
The latest to
Bitcoin is highly speculative, "hugely energy-intensive," lacks "value backing," and "may well break down altogether"—this is how Bank for International Settlements General Manager Agustin Carstens summarized his opinion on Bitcoin at a policy seminar by The Hoover Institute on Wednesday.
In his talk
Blockstream is looking to expand its mining operations. As detailed in a press release shared with the BTC Times, the Bitcoin infrastructure company has purchased $25 million worth of WhatsMiner Bitcoin miners from Shenzhen-based manufacturer MicroBT, which the firm plans to deploy across its mining facilities in North America over
Announced on Monday morning, Marathon Patent Group, a Bitcoin mining company based in North America, recently purchased $150 million worth of bitcoin. The purchase allowed the company to acquire 4,812.66 bitcoin, at an average price of $31,167. Bitcoin currently trades at $33,400 as per BTC Times
OKCoin announced on Friday that it will be integrating the Lightning Network to "create the best trading experience for [its] customers." The Lightning Network is Bitcoin's leading scaling solution that allows Bitcoin users to send transactions near-instantly and at negligible cost.
The feature is not live
Bitcoin nears the end of a tumultuous week as it recovers from a sudden dive below $30,000 after an inaccurate interpretation of a routine event snowballed into claims that the entire Bitcoin blockchain had been compromised.
A Storm in a Teacup
The focus was on a chain reorganization, or
The Bitcoin white paper can now be read and downloaded at various new destinations, as dozens of companies and individuals have made the the document available on their websites in the last 24 hours.
In what resembles an act of defiance, bitcoiners responded to a statement issued by Bitcoin.org
