Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions â Bitcoin News
[ad_1] The Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the recent trend of Ordinal inscriptions, itâs likely to get there faster. The average block size reached a high of 2.52 megabytes (MB) on Feb. 12, 2023, but block sizes have subsided and dropped to an […]
Btcpay Introduces New Coinjoin Plugin for Enhanced Bitcoin Privacy for Merchants â Privacy Bitcoin News
[ad_1] On Monday, Wasabi Wallet and the open-source bitcoin payment processor Btcpay announced a new plugin for the Btcpay server. The plugin implements Wasabiâs Wabisabi coinjoin coordination protocol, allowing merchants to benefit from privacy enhancement. By activating the newly launched plugin, all the funds that merchants receive and send will be coinjoined, or mixed together […]
Trezor Takes Control of Chip Production for Enhanced Security and Faster Production Time â Bitcoin News
[ad_1] Trezor, the manufacturer of crypto hardware wallets, has announced that it will take control of its wallet chip production process by producing its own silicon chips. The company states that the newly designed âchip wrapperâ will enhance device security and considerably shorten lead times for mass production. Trezor âUnpacks Processâ and Produces Its Own […]
Mawson Infrastructure Group Launches Bitcoin Mining Operation in Pennsylvania, Exits Australia â Mining Bitcoin News
[ad_1] The bitcoin mining operation, Mawson Infrastructure Group, Inc., announced that the firm has broken ground at a new site in Sharon, Pennsylvania. Reports detail that Mawson has delivered six modular production units capable of housing 3,528 application-specific integrated circuit (ASIC) bitcoin miners, or approximately 12 megawatts (MW) of capacity. The new Mawson site is […]
Rap Star Drake Loses $400,000 Bitcoin Bet on Jake Paul in Split-Decision Loss to Tommy Fury â Bitcoin News
[ad_1] The Canadian rapper and singer Drake lost $400,000 in bitcoin after betting that the YouTuber-turned-boxer Jake Paul would beat Tommy Fury by knockout. Drake could have potentially raked in a $1.44 million bitcoin payout, but Fury won the fight in a split-decision victory. Drake Loses $400K Bitcoin Bet on Jake Paulâs Bout On Feb. […]
Market Strategist Michael Wilkerson Believes US Inflation Could Rise to 12% by Year-End Despite Predictions of Decrease â Bitcoin News
[ad_1] While several market strategists and analysts expect U.S. inflation to drop considerably in 2023 compared with last year, Michael Wilkerson, founder of Stormwall Advisors, thinks the inflation rate could climb as high as 12% by the end of this year. The countryâs inflation rate has cooled down over the past seven months, but Wilkerson […]
5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022’s Crypto Winter â Market Updates Bitcoin News
[ad_1] 2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not only removed billions of dollars in value from the crypto economy, but also eroded trust. The following is a look […]
BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance â Altcoins Bitcoin News
[ad_1] After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been removed from circulation to date. The Paxos-managed stablecoin has also fallen out of the top ten crypto assets by market capitalization, slipping below dogecoinâs valuation with a market cap of around $11.12 billion, compared to the […]
Commodity Strategist Mike McGlone Predicts a Recession as Top Catalyst for Gold’s Rise Above $2,000 â Markets and Prices Bitcoin News
[ad_1] This week, Bloomberg Intelligence Senior Macro Strategist Mike McGlone shared his March outlook and noted that the âtop catalystâ that could push gold above the $2,000-per-ounce range is a recession. McGlone further explained in an update about bitcoin and the Nasdaq that a key ingredient to force the U.S. Federal Reserve to pivot its […]
Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base â Bitcoin News
[ad_1] The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2 chain will progressively decentralize over time. Coinbase L2 Scaling Platform Aims to Help Scale the Crypto […]