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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 crypto community has been enthralled in recent days by recent developments regarding Ethereum’s total supply – which remains a mystery despite attempts from Ethereum developers and community members to clarify the confusion. Pseudonymous researcher “Datavetaren” is now noting that a flaw within the default network structure of Ethereum could
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
News - Bitcoin - Aug 12, 2020Multiple 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
News - Bitcoin - Aug 12, 2020Industry 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
News - Bitcoin - Aug 11, 2020The crypto community has been enthralled in recent days by recent developments regarding Ethereum’s total supply – which remains a mystery despite attempts from Ethereum developers and community members to clarify the confusion. Pseudonymous researcher “Datavetaren” is now noting that a flaw within the default network structure of Ethereum could
News - Altcoins - Aug 11, 2020August 7th saw the beginning of what was set to become a week-long debate between the Bitcoin and Ethereum communities about Ethereum’s total supply and monetary policy. What Happened? Popular Bitcoin personality Michael Goldstein and Bitcoin researcher Pierre Rochard started questioning whether it was possible to independently verify the
News - Altcoins - Aug 11, 2020In December, Ripple announced it had completed a $200 million Series C funding round. Garnering support from investors such as SBI Holdings and Tetragon, the financial technology firm purportedly secured funding at a valuation of $10 billion. A source now tells the BTC Times that two investors in Ripple are
News - Altcoins - Aug 10, 2020The “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
News - Bitcoin - Aug 10, 2020All across the globe, central bank money printers are spewing out cash at an unprecedented rate, highlighting society’s dire need for so-called “hard assets” like Bitcoin and gold. Fear of imminent inflation resulting from this flurry of fiat printing is driving investor demand for scarce assets through the roof
News - Bitcoin - Aug 06, 2020