Category: Cryptocurrency

The Future Of Bitcoin Upgrades: Off-Chain Contract Execution

Taproot is currently the most likely next upgrade for Bitcoin. It is one of a few upgrades that are currently being worked on that users and developers would hope to eventually see activated on the network. All of these upgrades share a general theme that will likely be the theme of many future upgrades as…

January 12, 2021
Stacks 2.0 Advances Bitcoin Into the Age of DeFi and Creates a New Way to Earn BTC

Stacks 2.0 is set to revolutionize the internet itself by empowering a decentralized and user-owned ecosystem built on top of the most secure blockchain in the world. This will be achieved by bringing apps and smart contracts anchored to bitcoin. The innovation will also create a brand new way for users to earn BTC, without…

January 12, 2021
How Monetary Policy And Dollar Devaluation Are Driving Institutional Interest In Bitcoin

In the second half of 2020, institutional investors increasingly started to show an interest in bitcoin. More and more investors have announced that they have allocated part of their cash reserves or a share of their fund toward bitcoin. The most prominent one certainly has been Michael Saylor with his company MicroStrategy holding 70,470 bitcoin…

January 11, 2021
Blockstream Adds Six Members To Liquid Federation

Today, Blockstream has announced the addition of six members to Liquid, its federated Bitcoin sidechain. These members include Bitcoin wallet app Coinos, institutional digital asset custody provider Komainu, privacy infrastructure developer Nym Technologies, Liquid swap infrastructure provider SideSwap, Bitcoin-native financial services provider Vulpem Ventures and fintech-focused broker-dealer Watchdog Capital. “With these new additions, there are…

January 11, 2021
Crypto Markets Suffer Heavy Losses, Bitcoin Price Sinks More Than 25% in 24 Hours

Cryptocurrency markets have suffered significant losses during the last 24 hours, as the entire crypto market cap has dropped below a trillion to $823 billion losing roughly 9.9% in value. Since the bitcoin price height on Sunday, January 10, bitcoin’s price plummeted over 25%, seeing the largest price dive of the year. Digital currency markets…

January 11, 2021
2020: Year 11 Of “The Transformation”

2020 was unforgettable, especially for Bitcoin. To help memorialize this year for our readers, we asked our network of contributors to reflect on Bitcoin’s price action, technological development, community growth and more in 2020, and to reflect on what all of this might mean for 2021. These writers responded with a collection of thoughtful and…

January 11, 2021
The CFTC Asks Court to Issue Fines in Excess of $100M Against Mastermind of a Fraudulent Crypto Scheme

The Commodity Futures Trading Commission (CFTC) has filed a motion with the New York Southern District Court that seeks heavy penalties against Michael Ackerman, the mastermind of a fraudulent cryptocurrency scheme. According to the motion, the U.S. agency wants the court to order Ackerman to pay $27 million in restitution plus a civil penalty of…

January 10, 2021
Crypto Advocates Think Joe Biden’s $3 Trillion Stimulus Plan Will Bolster Bitcoin

According to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden administration have made crypto proponents believe that bitcoin will prosper greatly. Biden Proposes to Finance Covid-19 Relief and Infrastructure With $3 Trillion Ever since the…

January 10, 2021
While Bitcoin’s Price Dips in Value, Crypto Assets Like Ethereum and Bitcoin Cash Shine

The price of bitcoin has dropped on Sunday losing more than 6% during the last 24 hours, but a myriad of other coins have seen significant gains in contrast. Cryptocurrencies like bitcoin cash, ethereum, and monero have all jumped in value while bitcoin has seen a decent drop. Bitcoin (BTC) dropped to a low of…

January 10, 2021
Sleeping Bitcoins Worth $40 Million Move- Mystery Miner Spends Another 1,000 BTC From 2010 Block Rewards

On January 10, another strange string of 20 bitcoin block rewards from 2010 was spent after sitting idle for over ten years. The spending of 1,000 decade-old bitcoins worth over $39 million today, follows the recent string of 1,000 units transferred on the 12th anniversary of Bitcoin’s genesis block launch. Seven days ago an old-school…

January 10, 2021