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Bitcoin, the world's first and most widely recognized cryptocurrency, has faced criticism for its energy consumption. The process of mining Bitcoin, which involves solving complex mathematical problems to validate transactions and create new coins, requires significant computational power and electricity. However, many of the claims about Bitcoin'
Education
The Bitcoin genesis block, also known as block 0, is the very first block in the Bitcoin blockchain. It was mined on January 3, 2009, by the pseudonymous creator of Bitcoin, Satoshi Nakamoto. The genesis block is unique and holds a special place in the history of Bitcoin. It marks
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MicroStrategy Incorporated (Nasdaq: MSTR), a company that considers itself the world's first Bitcoin development company, has announced plans to sell $500 million in bonds due 2031. The private offering will be made to qualified institutional buyers under Rule 144A of the Securities Act. The company also expects to
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As concerns over the escalating U.S. national debt continue to grow, two prominent figures in the crypto community, Balaji Srinivasan and Robert Kiyosaki, have taken to X to urge their followers to invest in Bitcoin, gold, and silver as a means of safeguarding their wealth. Srinivasan, an entrepreneur, angel
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As Bitcoin inches closer to its maximum supply of 21 million coins, with only 1.35 million left to be mined, the cryptocurrency community is grappling with the question of whether the upcoming halving event holds the same significance it once did. The current circulating supply of Bitcoin stands at
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Bitcoin's ups and downs have always been a favorite talking point for its haters. Every time the price soars and then dips, they're quick to say "I told you so!" and call Bitcoin nothing more than a crazy gamble that's bound to
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During the months of January and February of 2024, the team has been working hard and had tremendous progress done on the development side. Fully audited dApp is live on the main-net, AMM Swaps are coming to the testnet in a couple of weeks, our Decentralized Oracles have been upgraded
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Speaking at the Conservative Political Action Conference (CPAC) in Maryland this week, El Salvador President Nayib Bukele predicted the collapse of the US dollar. He warned that America's policy of money printing was unsustainable and would inevitably lead to a loss of confidence in the currency. Bukele'
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Bitpacs are bringing functionality similar to decentralized autonomous organizations (DAOs) on platforms like Ethereum to Bitcoin. Bitpacs utilize Bitcoin's inherent capabilities to enable transparent and verifiable community treasuries, fundraising, governance, and more. The key innovation is the use of public multisignature Bitcoin wallets. While multisig wallets usually obscure
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* ZTX Genesis Homes are the flagship NFTs for the ZTX metaverse platform that respective owners can modify accordingly. * Running on the top-tier, Ethereum-based Arbitrum (ARB) network, Genesis Homes sold out on their OpenSea marketplace debut. * Following the ZTX Beta update, the Genesis Homes owner can now unlock more benefits and
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Liquidity is a longstanding pain point for decentralized finance (DeFi). In its early days, the industry struggled to attract the necessary liquidity to make it a viable option for most users. Then Compound introduced liquidity mining, which kicked off the DeFi Summer of 2020. In short order new protocols proliferated
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Over the past 30 days, ETFs have purchased a staggering 272,000 bitcoins. In contrast, only 25,200 bitcoins were mined during the same period. This buying spree from ETFs cannot be sustained forever given bitcoin's limited supply. If this rapid pace of ETF acquisitions continues or increases,
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Bitcoin's price surged over 10% early Tuesday to hit $56,740, its highest level since November 2021. The broader cryptocurrency market also saw gains, with Ethereum up 4.7% and the GMCI 30 index rising 6%. Analysts pointed to record spot bitcoin ETF trading volumes as a key
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Welcome to the first edition of Nakamoto Notes, a series where we dive deep into all things Bitcoin. These articles aim to decode the core technical concepts and internal machinery that power Bitcoin. Bitcoin is a decentralized digital currency that was created in 2008 by an unknown person or group
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The advent of Bitcoin, the world’s first cryptocurrency, has sparked intense debate around money, markets, and the ideals underpinning capitalist economies. In online forums and social media groups, supporters extol Bitcoin’s deflationary attributes as aligning with free market principles, while critics argue its disinflationary monetary policy will inhibit
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The recent surge in Bitcoin's value has propelled it past the $50,000 mark, marking a significant milestone in the realm of cryptocurrency. This abrupt rise in Bitcoin price has left many digital asset holders pondering their next move. The cryptocurrency market, known for its volatility, has witnessed