Tag: Bitcoin

Lightning Labs announced Tuesday that it is building infrastructure that would allow users to send money worldwide at a low cost and almost instantaneously through the Bitcoin network. Taro protocol, which will enable stablecoin transactions, is based on Bitcoin’s Taproot upgrade launched in November 2021. According to Decrypt, the company raised $70 million in a…

How effective is Bitcoin as a hedge against inflation? Dilip Kumar Patairya on Cointelegraph studied what inflation is and how useful Bitcoin and the other means are to deflate it. Why do you need a hedge against inflation? How effective is Bitcoin as a hedge against inflation? Let us first understand what inflation is and…

The 19th millionth Bitcoin (BTC) was mined on Friday, a landmark occasion for the world’s first and biggest cryptocurrency. Yet 2 million Bitcoin to be mined until about the year 2140. Meanwhile, Bitcoin network difficulty reached a new all-time high. The Bitcoin (BTC) network reached a milestone on Friday, April 1, 2022, after records show…

Larry Fink, the chief executive of BlackRock, the world’s largest asset manager with around $10 trillion in assets under management, has said his company is “studying” digital currencies due to growing client demand. Meantime, Bitcoin and other cryptocurrencies continued to rise, while bank analysts suggest the Russian war in Ukraine could create a new world…

Luna has purchased more than 11,700 Bitcoin, worth about $520 million, to build a reserve for its stablecoin UST. But what does that mean exactly? — analyses Namcios on Bitcoin Magazine. Luna Foundation Guard (LFG) has bought over 11,700 BTC worth roughly $520 million so far this week to build a Bitcoin reserve to support…

Bitcoin avoids another “Bart” style price spike this weekend, but what’s the mood like on the market going forward? Here are five potential Bitcoin price topics to consider, writes William Suberg on Cointelegraph. Bitcoin (BTC) starts a new week on a tentatively stronger footing as macro cues curiously stabilize. After a calmer weekend than most…