The storage of crypto assets is a big challenge for most people, including veterans who have been in the game for several years. As it stands, a majority of crypto holders have stored their assets with centralized custodians such as exchanges and yield generation platforms. However, there is a gradual paradigm shift with more investors […]
Kiln, an enterprise-grade staking platform, today announced the completion of a $5 million funding round. The funding round included Third Kind Managing Partner and Andreessen Horowitz board partner Shana Fisher, SV Angel, Blue Yard, Alven, and Kima Ventures. The Kiln team will use the funds to bring on new talent, enhance its technology and build […]
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Liberland is a sovereign nation that has represented a physical presence of Bitcoin adoption and usage since 2015.
The number 13 is steeped in superstition. It isn’t clear why the number has such significance, but even a prominent market timing technical indicator often gives buy or sell signals when an asset reaches a 13-count. Coincidentally, the DXY Dollar Currency Index and Bitcoin are exhibiting opposing 13-counts albeit on different timeframes. In this article, […]
However, speaking at a meeting, the head of the Swiss National Bank (SNB) has said the asset does not currently fit the provisions of a reserve currency.
Senator Kevin Thomas seeks to provide prosecutors with a clear legal framework against crypto crimes that align with the spirit of the blockchain while combatting fraud.
Media Markt, a chain of electronic retailers has decided to launch Bitcoin ATMs in Austria. The German multinational chain of retailers would install these ATMs across the whole nation, users can now withdraw Bitcoin from Kurant vending machines. Media Markt has a huge presence around Europe. The European Union has been quite warm regarding crypto […]
Dr. Ammous, author of “The Bitcoin Standard,” explained how fiat has hidden costs and why Bitcoin represents the next generation of money.
Jury nullification is one tool that may be needed if antagonistic policies get passed which lead to Bitcoin users being labeled as criminals.
Two young men have been charged with conspiracy to commit wire fraud and money laundering after allegedly ripping off Frosties NFT community. They face up to 40 years in prison if found guilty on both counts. The DOJ appears to be getting better at handling crypto crimes. The US Department Of Justice is ramping up […]
A New York man was charged Friday with operating a crypto money laundering scam that he publicly promoted on social media, bragging to clients he could help them stay “totally off the radar.” The individual, a former party organizer, was charged by the Manhattan District Attorney with laundering $2.7 million in bitcoin and cash to […]
Dave, the digital banking software that went public on the Nasdaq two months ago, is stepping up its cryptocurrency ambitions following a new $100 million investment from crypto exchange FTX. Dave Inc. established a strategic agreement with West Realm Shires Services, Inc., the owner and operator of FTX US, on Tuesday to further develop the […]
Liquid-cooled mining machines from Chinese chipmaker Bitmain have been unveiled. The S19 XP HYD is expected to be one of the company’s most energy-efficient models ever. The new mining setup employs liquid cooling. According to reviewers, it is the most power-efficient among all models of mining equipment from this manufacturer. These hydro cooling rigs are exclusively for usage in Bitmain containers. Bitmain Rig Packs A Punch The newly announced mining rig is dubbed “Antminer S19 XP Hyd.” It boasts 255 terahashes per second (TH/s) of processing power and 20.8 joules per terahash (J/T) of power efficiency while operating on 5,304 watts, according to Bitmain’s website. The machine features a liquid cooling system, which involves using a coolant flowing through pipes to dissipate heat from the device. The cooling rigs will launch in the first quarter of 2023 for a little under $20,000 per unit. Related Article | Abra CEO Predicts Ethereum Could Reach $40,000 – But Some Fintech Analysts Don’t Agree Furthermore, the energy efficiency of this new model slightly outperforms Bitmain’s previous best rig – the Antminer S19 XP. Notably, Bitmain has also announced the release of the ANTSPACE HK3, a new bitcoin mining container that can comfortably accommodate 210 mining machines and uses up to 1 megawatt of electricity. Aiming For Sustainable Bitcoin Mining Bitmain has been focusing on long-term bitcoin mining and has recently unveiled measures in this area. Bitmain will create up to 500 MW of clean digital mining infrastructure at Merkle Standard’s hydro-powered facilities in Eastern Washington as part of the joint venture. BTC total market cap at $767.68 billion on the daily chart | Source: TradingView.com Furthermore, the Beijing-based chipmaker has gained a significant stake in one of America’s major crypto-mining facilities via a collaboration with Allrise Capital. The move might help Bitmain’s market expansion in the United States even further. According to mining data, the bitcoin mining metrics have seen some intriguing developments in recent months, as the Bitcoin hashrate grew by more than 15% in a week as processing power steadily increased. Energy Efficient Mining Meanwhile, Block Inc.’s CEO, Jack Dorsey, revealed last October that the firm was exploring developing an open-source bitcoin mining system built on bespoke silicon to decrease entry barriers for both businesses and people. In January, Thomas Templeton, Block’s general manager for hardware, emphasized that the planned approach would improve bitcoin mining efficiency and other benefits. Templeton said: “We’re interested because mining is about more than just producing new bitcoin. We regard it as a long-term need for a decentralized and permissionless future.” In a related event, Hive Blockchain had signed an arrangement with Intel to acquire the latter’s recently introduced energy-efficient blockchain accelerators named Bonanza Mine. Related Article | Ripple Welcomes More Than 4,000 Artists Into Its New NFT Platform Featured image from Bitcoin News, chart from TradingView.com
The statistical analysis of the blockchain analytics company Santiment shows that Ethereum’s price and the S&P500 Index are closely correlated.
Through increasingly unscrupulous monetary policy, U.S. government officials mask the costs of war from the American public. Bitcoin could fix this.