Month: January 2022

YouTube has just banned the official channel of Bitcoin Magazine during a live stream about Cash App integrating the Lightning Network, bitcoin mining in Kazakhstan, and other Bitcoin-related news. The platform justified the move saying that “content that encourages illegal activities or encourages users to violate YouTube’s guidelines is not allowed on YouTube,” adding that exceptions might be made if a video portrays the information as educational content instead of inciting others to imitate them. Google’s video platform re-instituted Bitcoin Read more …

On January 10, 2022, the Associated Press (AP), the American non-profit news cooperative founded in 1846, has announced the news agency is launching a non-fungible token (NFT) marketplace. The AP NFT market was built by the distributed ledger technology provider Xooa and on top of the Polygon blockchain network. AP Announces NFT Marketplace Launch The 175-year-old news cooperative the Associated Press revealed that the organization is launching an NFT marketplace using the Polygon blockchain network. According to the AP announcement, Read more …

Lightning payments platform Strike has made some of its services available to Argentinians on Tuesday in an effort to “give hope” to a population that suffers from hyperinflation, according to an announcement Twitter thread from its founder Jack Mallers. “Today, we launch a superior financial experience to a country that faces hyperinflation, predatory payment networks, and unusable cross-border transfers,” Mallers tweeted on Tuesday. “Today, we use the world’s open monetary network, Bitcoin, to give hope to the people of Argentina.” Read more …

A solo miner won a 6.25 BTC reward on Tuesday, worth about $265,600 at the time of writing, after being able to add a new valid block to the Bitcoin network with a hashrate capacity of just about 120 TH/s in the mining pool Solo CK. “Congratulations to a bitcoin miner with only 126TH who solved a solo block on http://solo.ckpool.org,” Solo CK administrator, Dr. Con Kolivas, tweeted. The miner, which according to Solo CK pool stats is an individual Read more …

Authorities in Iran are preparing to allow the employment of cryptocurrencies for international settlements. According to local media, central bank and government officials have given the green light to adopt a mechanism using digital coins in the field of foreign trade. Businesses in Iran to Be Able to Pay Foreign Partners With Crypto Iranian companies will be allowed to use cryptocurrencies in settlements with partners in other countries, local media reported. An agreement to that end has been reached by Read more …

Fidelity Investments Canada, the country’s first regulated institutional bitcoin custodian, has added a bitcoin allocation to two of its All-in-One exchange-traded funds, a set of low-risk ETFs that seek to provide investors with exposure to different assets, regions, market capitalizations, and investment styles. The addition will change the funds’ risk ratings to “medium.” Fidelity said in a Tuesday press release that the decision to add bitcoin exposure to the All-in-One funds “was made for its diversification benefits with the potential Read more …

As crypto-assets grew immensely in value last year, the growth of the stablecoin economy swelled as well and today, there’s $170.24 billion worth of stablecoins in circulation. Data indicates that over the last 12 months, a slew of stablecoin valuations grew exponentially. 12-Month Stats Show Stablecoin Market Valuations Saw Massive Growth Last year, numerous crypto assets touched all-time high (ATH) prices as current data highlights the crypto economy’s significant growth in 2021. Moreover, fiat-pegged tokens, commonly referred to as stablecoins, Read more …

Watch This Episode On YouTube Listen To This Episode: In a perfect universe, energy could be stored with zero degradation over time, creating a perfect battery. While the laws of thermodynamics deny this possibility, Bitcoin is the best representation of an entropy-resistant monetary system that humans have ever seen. Few explain this as well as Mark Goodwin can, and he did so in our most recent episode of “Meet The Plebs,” the first on Bitcoin Magazine Live. Check out our Read more …

Luxor Technology Corporation has launched an ASIC trading desk to bridge the gap between interested buyers and sellers in the secondary market of bitcoin mining rigs. The bitcoin mining services provider said it would purchase and sell the application-specific integrated circuits for BTC mining on behalf of its team, miners, and investors to offer rigs at fair market prices. “Our goal is to simplify the procurement process so our miners can spend more time building hashrate and less time worrying Read more …

This article first appeared in Bitcoin Magazine‘s El Salvador print edition. To get this piece of Bitcoin history sent directly to you, subscribe now. There’s nothing inherent about Bitcoin that necessitates in-person gatherings. In fact, much of the success of the open-source software project can be attributed to the fact that it’s natively digital, decentralized and accessible by anyone, anywhere in the world with a network connection. Had Satoshi ever revealed their true identity and transcended online message boards to Read more …

Digital currencies had a phenomenal year, and a great deal of the crypto assets in existence reached all-time high (ATH) prices against the world’s fiat currencies. However, the same digital currencies that tapped ATHs last year are currently down a great deal in value, as numerous cryptocurrencies have lost 30% or more since 2021’s price highs. Crypto Values Are Lower Than Last Year’s Price Highs 2021 was a good year for crypto assets as numerous blockchain networks swelled in fiat Read more …

press release PRESS RELEASE. Tortola, BVI, 10 Jan 2022: Anyone who has been paying attention to the world of NFTs (non-fungible tokens) will know that people love investing in cartoon-themed initiatives. Whether it be the immensely popular canine-oriented cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB), or perhaps even well-known NFT collections like The Bored Ape Yacht Club (TBAYC), the fact remains that as far as investing is concerned nowadays, toons continue to play an important role. With that being Read more …