“There are covert operations to prevent governments from adopting bitcoin”: Samson Mow

Mow warns about the pressure that El Salvador is receiving to limit the use of bitcoin. The United States could adopt BTC in its reserves, which would incentivize other countries. The statements of Julie Kozack, representing the International Monetary Fund (IMF), caused controversy in the Bitcoin (BTC) community last week. This was when he suggested … Read more

Bitcoin and cryptocurrencies are the most profitable assets of 2024, but their advantage narrows

During the third quarter, traditional assets performed better than bitcoin. 2024 appears to be developing the same way as 2023, according to NYDIG. Bitcoin (BTC) and other cryptocurrencies have been the performance stars in 2024, but their lead over other assets has diminished considerably in recent months. According to NYDIG, a company specialized in bitcoin … Read more

This is how they solve failed transactions in Bitcoin Lightning

Lightning transactions often fail due to liquidity problems. AMP splits a single payment, which is completed if all parts are successfully submitted. Atomic multiparty payments (AMP) are a technology in increasing use on the Lightning Network (LN), the second most important layer of Bitcoin. These allow a payment to be split across multiple channels, making … Read more

Thank you bitcoin!, says a US mayor who recognizes the advantages of mining

Rockdale Mayor Ward Roddam tells in a letter how bitcoin revitalized his city. “We are on the threshold of a new economic renaissance,” said the mayor. Rockdale, a small town in the U.S. state of Texas, faced a serious economic disaster in 2008. It happened when the Alcoa aluminum plant, which had been the town’s … Read more

3 keys reveal the importance of the Bitcoin Law in Uruguay

The promulgation of Bill 20,345 to regulate the bitcoin (BTC) sector and other cryptocurrencies in Uruguay is one of the most striking news in Latin America that has occurred in recent weeks. The South American country took a step forward in terms of regulation, now being among the pioneers not only in the region but … Read more

Low profitability pushes Bitcoin miners to Artificial Intelligence

An important indicator of BTC profitability is at all-time lows. Meanwhile, hosting for high-performance computing is attractive to miners. Bitcoin mining is going through one of its biggest predicaments in years. This crisis has sparked survival behaviors among miners, who are beginning to diversify the use and purpose of their data and energy centers. This … Read more

Will a future be possible without altcoins?

There is a notion that, among all the cryptocurrencies, one is going to displace all the others. That there is only one cryptocurrency would be counterproductive for the ecosystem. Is the future multi-chain? Yeah. Rather the present is already multi-chain Why would we think that this will cease to be the case in the future? … Read more

“Investors are selling bitcoin to buy gold,” says businessman

Gold is approaching all-time highs, while bitcoin struggles not to collapse. War conflicts increase the state of global tension. This week has been marked by the escalation of the war conflict in the Middle East. The territories of Israel, Lebanon, Iran and other nations in the region were the scene of military ground and air … Read more

an interactive experience to learn about BTC

Teaches topics such as bitcoin scripts, keys, transactions, and wallets. It focuses on learning about bitcoin through application and experience. Bitcoindevs launched its first interactive learning section on bitcoin technology. According to the project, it is a “simple, interactive and fun” pedagogical module focused on learning through application and experience. He Bitcoindevs interactive course It … Read more

‘Debasement trading’ will favor gold and bitcoin: JP Morgan

The war in the Middle East would favor this trend. In a month, there will be elections in the United States. The situation for the markets has changed this week with Iran’s attack on Israel that fueled geopolitical tensions. This is something that can benefit assets like gold and bitcoin (BTC), according to analysts at … Read more