The massive rally in bitcoin prices has created a lot of buzz around cryptocurrencies lately, but Nigeria is one of the countries where bitcoin has been widely accepted for some time. The West African country has the highest bitcoin trading volume in Africa and recently ranked second globally of any country after the United States. […]
Bitcoin, The Alternative To Pandemonium
Right now, America is heating up. Our mass is collectively shifting and vibrating at a higher and higher rate, as we endure abrasive alterations in our lives. Catalysts in society serve as flames that heat up the environments of people and make changes occur. A lot of this heat is being applied by money right […]
Interview: James O’Beirne On Bitnomial And Bitcoin Dependencies
Listen To This Episode: Apple Spotify Google Libsyn Overcast For this episode of the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with Bitcoin developer and economist James O’Beirne. O’Beirne is a Bitcoin Core developer with very unique experiences across disciplines, being both a Bitcoin Core contributor as well as a learned macroeconomics scholar. He […]
BitMEX Operator Continues Support Of Bitcoin Core Maintainer Fanquake With $100,000 Grant
Today, 100x Group, the operator of cryptocurrency exchange BitMEX, announced its third grant to Bitcoin Core maintainer Michael Ford, aka Fanquake. This latest donation is for $100,000, bringing 100x Group’s total support of Ford to $250,000 over three years. The grant was made in conjunction with an additional $18,500 being given to Ford by Australian […]
Coinbase Files S-1 Registration Ahead Of Going Public
Major cryptocurrency exchange Coinbase filed an S-1 registration today, disclosing pertinent company information to the U.S. Securities and Exchange Commission (SEC) ahead of its planned direct listing public offering. Per the filing, Coinbase’s class A common stock will be listed under the symbol “COIN.” SEC Form S-1 is the initial registration form for new securities […]
The Utter Futility Of A Bitcoin Ban
In recent days and weeks, U.S. Treasury Secretary Janet Yellen has been raising the alarm about what she perceives to be a rising “misuse” of cryptocurrencies, which she argues are used mainly “for illicit financing” by unsavory groups. During her confirmation hearing, Yellen provided some ominous foreshadowing, saying, “I think we really need to examine […]
Bitcoin Has No Real Use For DeFi In Its Current Form
The decentralized finance (DeFi) ecosystem continues to attract billions of dollars from cryptocurrency enthusiasts. Though the term “decentralized finance” could certainly apply directly to Bitcoin in and of itself, the growth of the DeFi industry lately refers to an umbrella of projects, mostly based on Ethereum smart contracts, that support cryptocurrency-based lending, prediction markets or […]
Taproot Activation And LOT=True Vs. LOT=False
Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of “The Van Wirdum Sjorsnado,” hosts Aaron van Wirdum and Sjors Provoost discussed activation of the Taproot soft fork upgrade, and more specifically, the lock-in on timeout (LOT) parameter. The LOT parameter can be set to either “true” (LOT=true) or “false” (LOT=false). LOT=false […]
Why Won’t Bitcoin Die? Because You Need It
“Why won’t bitcoin die?” is a common question I’ve heard asked throughout the years by people sitting on the sidelines watching the bitcoin price hectically rise and fall, time and time again. The mainstream media will tell you that bitcoin is a speculative bubble, your financial advisor will tell you that you’re wasting your time […]
Despite The Bitcoin Price Dip, This Week Was Incredibly Bullish
I know that this advice is easier said than done, but don’t get distracted by the price of bitcoin. We closed last Friday at $56,000 and saw the price reach and all-time high over the weekend, yet the market decided to pull back. This is a feature, not a bug. Remember that bitcoin is a […]