Bitcoin

Crypto is winning, and Bitcoin diehards are furious about it

On the last day of the Bitcoin 2022 conference in Miami Beach, comedian Donnell Rawlings starts his routine by noting there are a lot of white people in the audience and then asks if we were involved in storming the Capitol on January 6th, 2021. He’s just warming up. “I’m at a Bitcoin convention, and I don’t even know what the fuck a Bitcoin is,” Rawlings says. “I don’t know nothing about crypto, but I know some of the bangingest parties I’ve been to is some crypto… Source link

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Cashing out Bitcoin to save a dog’s life from cancer is ‘the moon for us’

Cashing out Bitcoin to save a dog’s life from cancer is ‘the moon for us’

How much is a doggo’s life worth? For one Redditor, “dojeckahedron,” saving their pooch from the clutches of cancer is worth their entire Bitcoin (BTC) stack.  In a tearjerker of a Reddit post, the dog owner from the States shared a photo of their pooch, Derby. The message said they cashed in all of their Bitcoin to pay for their “bestie’s radiation treatments.” Derby the dog, source: Bitcoin Reddit Dojeckahedron told Cointelegraph that they are “grateful” that they had… Source link

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Bitcoin set for volatile monthly close after BTC price ‘checks all boxes’ for major move

Bitcoin (BTC) has reentered its most significant lifelong consolidation zone but could still crash to a “macro bottom,” new research warns. In a Twitter thread on April 27, on-chain analytics platform Material Indicators shone a light on the importance of $38,000 for BTC price action. Bitcoin circles all-important point of control After lingering near liquidity at or above $37,700 on intraday timeframes, data from Cointelegraph Markets Pro and TradingView shows, BTC/USD has yet to make a… Source link

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Central African Republic Adopts Bitcoin

The Central African Republic has become the second country in the world to adopt Bitcoin as an official currency. In making BTC legal tender alongside the CFA franc on Wednesday (April 27), one of the poorest countries in the world is following the lead of El Salvador, which adopted the cryptocurrency Sept. 1, 2021. It comes a day after the CAR legalized the use of cryptocurrency. See also: Central African Republic is the Latest Country to Embrace Crypto As the first country in Africa to… Source link

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Bitcoin Payments: The Beginning of Something Extraordinary – CoinDesk

Bitcoin Payments: The Beginning of Something Extraordinary – CoinDesk

Bitcoin is a base settlement layer reset made possible by revolutionary technology, and the Lightning Network enables Bitcoin payments to scale. Simple APIs offered by managed payment providers power Bitcoin payment rails for both new and traditional businesses, processors, exchanges, digital wallets, software providers, platforms, ATMs, point-of-service (POS) devices and more. Source link

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Bitcoin Payments: The Beginning of Something Extraordinary – CoinDesk

Bitcoin Payments: The Beginning of Something Extraordinary – CoinDesk

Bitcoin is a base settlement layer reset made possible by revolutionary technology, and the Lightning Network enables Bitcoin payments to scale. Simple APIs offered by managed payment providers power Bitcoin payment rails for both new and traditional businesses, processors, exchanges, digital wallets, software providers, platforms, ATMs, point-of-service (POS) devices and more. Source link

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Here’s why Bitcoin bears aim to pin BTC under $39K ahead of Friday’s $1.9B options expiry

Up until April 25, Bitcoin (BTC) bulls had been defending the $38,000 level, but bulls were caught off-guard by the recent drop. As Bitcoin plunged from $46,700 to $37,700 between April 5 and 26, most of the bullish bets for the upcoming $1.96 billion monthly options expiry became worthless. Regulatory concerns continue to pose a threat to Bitcoin and on April 26, the New York State Assembly passed a bill banning new proof-of-work (PoW) cryptocurrency carbon-based mining facilities in the… Source link

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First Mover Americas: When $1M Bitcoin? – CoinDesk

First Mover Americas: When $1M Bitcoin? – CoinDesk

The latter, popularly known as quantitive easing, can be inflationary, strengthening the case for investing in bitcoin and gold. According to Hayes, the Fed would be forced to launch yield curve control (YCC), a sort of perpetual QE, which involves targeting a longer-term bond yield by a central bank, then buying or selling as many bonds as necessary to hit that objective. The Bank of Japan has been running the yield curve control program for six years and steps up liquidity-boosting bond… Source link

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