One year ago today, El Salvador, which is smallest and most densely populated country in Central America, became the first nation to make Bitcoin legal tender. As you may know, on 5 June 2021, Zap Solutions (a Bitcoin payments startup that uses the Lightning Network) Founder and CEO Jack Mallers announced at Miami’s Bitcoin 2021 conference that El Salvador’s government wanted […]

In a recent interview, highly respected equity research analyst and investment strategist Lyn Alden explained why she believes that Bitcoin is the best monetary network. Alden, who provides equity research and investment strategies for clients, made her comments during an interview with Bitcoin advocate Peter McCormack for episode #549 of his “What Bitcoin Did” (WBD) podcast. According to a report by […]

In a recent interview with former Bloomberg Opinion columnist Noah Smith, Vitalik Buterin, Co-Founder of Ethereum Foundation, gave two reasons for his concern about Bitcoin’s security. During this interview, Vitalik had this to say about Bitcoin’s security: “Efficiency and security are not separate problems. The question is always: how much security can you buy for every dollar per year that you […]

Shares of multi-cloud infrastructure automation solutions provider HashiCorp, Inc. (HCP) gapped up more than 15% after reporting better-than-expected quarterly results. The company’s third-quarter as well as full-year outlook came in above analysts’ view. “Global enterprises continue to invest in their cloud programs, which are critical to their long term business goals. Our second quarter of fiscal 2023 results reflect the […]

Mining operators in Texas have slowed their operations, given global power shortages. Symptoms of the glut include selling electrical equipment and a bottleneck to stifle the inflow of new mining companies. Around the world, miners are facing steep challenges, but Bitcoin’s hash rate still stands at a decent 215.85 EH/s. Texas was once seen as Canaan for miners fleeing troubled […]

Washington D.C. Attorney General Karl Racine is suing business intelligence firm MicroStrategy and its founder, Michael Saylor, for evading taxes for the over ten years that he has lived in the district. Michael Saylor Faces Tax Fraud Lawsuit One of bitcoin’s biggest proponents and investors has found himself in legal hot water. Karl Racine, the Attorney General for the District […]

On Tuesday (August 30), U.S. stocks, as well as the two most valuable cryptoassets, fell after comments from the New York Fred President and the governor of the Bank of Estonia suggested that the major central banks are from getting inflation under control. As CNBC reported earlier today, U.S. stocks dropped for a third day in a row, with the […]

On Sunday (August 28), Bitcoiner Spencer Schiff found an interesting way to express his frustration with his father’s hatred of crypto in general and Bitcoin in particular. Bitcoin perma-bear Peter Schiff, who is one of Bitcoin’s harshest critics, is the CEO of Euro Pacific Capital, a full-service, registered broker/dealer specializing in foreign markets and securities. He is also Founder and Chairman of SchiffGold, […]