Largest US Crypto Exchange Coinbase To Integrate The Bitcoin Lightning Network
Lightspark, led by CEO David Marcus, former President of PayPal, has been selected by Coinbase, the largest US cryptocurrency exchange, to integrate the Bitcoin Lightning Network onto its platform. This integration is set to enable Coinbase customers to conduct instant and cost-effective bitcoin transactions. Thrilled to announce that @Coinbase has...
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As Halving Approaches, Miners Turn Record Profits into New Strategies
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. With Bitcoin’s next halving set to take place this month,...
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Genesis Digital Assets Leverages Renewables to Increase Bitcoin Mining Capacity at New Texas Facility
Today, one of the largest bitcoin mining companies in the world in terms of hash rate, Genesis Digital Assets (GDA), announced that it will gain access to 36 MW of power from the Tarbush data center in West Texas, adding 1 EH/s to its total hash rate capacity. GDA,...
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$111 Billion: Bitcoin ETFs See Record Volumes in March
Spot bitcoin exchange-traded funds (ETFs) saw their trading volume surge to a record $111 billion in March, nearly triple the $42 billion traded in February. Approved earlier this year by the SEC, US spot bitcoin ETFs have rapidly gained traction among investors. Their volumes last month exceeded even the...
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US Government Preparing to Sell 30,000 Silk Road Bitcoin, On-Chain Data Shows
Today, the US government sent a transaction that appears to indicate it may be on the verge of liquidating the remaining Bitcoin it confiscated from the online marketplace Silk Road. According to on-chain data, a 0.001 BTC test transaction, part of a larger stash of approximately 30,174 BTC worth...
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1 Billion Bitcoin P2P Traders: NoOnes Sets Sights on Nigeria and Global South
I recently spoke with Ray Youssef, CEO of NoOnes, a peer-to-peer (P2P) bitcoin trading platform with numerous other functionalities, about how NoOnes is empowering its users, what it’s doing in response to the Nigerian government’s crackdown on Binance P2P and why P2P marketplaces play a crucial role in fulfilling...
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Tether Grants BTCPay Server $100,000 To Continue Working On Enabling Anyone To Accept Bitcoin
Today, stablecoin issuer Tether announced a significant award of $100,000 to the BTCPay Server Foundation that underscores Tether’s strong backing for the Free and Open Source Software (FOSS) movement, emphasizing its commitment to advancing digital payment solutions, the company stated. JUST IN: Tether donates $100,000 to BTCPay Server so it...
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BitVM 2: Opening Up The Playing Field
Last October Robin Linus from Zerosync dropped a bit of a bomb in the form of BitVM. One of the longest running criticisms of Bitcoin is that it is not possible to make arbitrary programs to control how money is spent or locked. Bitcoin only has a very limited...
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Arkon Energy Orders 27,700 New-Generation Bitcoin Mining Machines from Bitmain
Arkon Energy US Holdco LLC, a leading player in Bitcoin mining infrastructure, has placed a significant order with Bitmain Development Pte. Ltd. for 27,700 new-generation Bitcoin mining machines, according to a press release sent to Bitcoin Magazine. This purchase includes 14,200 T21 machines and 13,500 S21 machines, with deliveries slated to...
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Bitcoin Miners Monthly Revenue Hit Record $2 Billion
Bitcoin mining businesses generated their highest-ever monthly revenue in March, raking in over $2 billion in block rewards and transaction fees. This shatters the previous record of $1.74 billion set back in May 2021. JUST IN: #Bitcoin Miners hit a record $2 billion in monthly revenue, highest ever. Halving...
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