Bitcoin price strength intensifies as risk-loving traders bring volume back to the crypto market The beginning of 2023 has provided Bitcoin (BTC) with bullish indicators and the rally to a year-to-date high at $21,647 has crypto traders hopeful that the worst part of the bear market has ended. The surge effect of BTC’s bullish price action is also carrying over to Ether (ETH) and Bitcoin mining stocks. The reduction […]
Dispatch From Guatemala's Bitcoin Lake, A Bitcoin Community Built On Grassroots Adoption This is an opinion editorial by Rikki, author and co-host of the “Bitcoin Italia,” and “Stupefatti” podcasts. He is one half of the Bitcoin Explorers, along with Laura, who chronicle Bitcoin adoption around the world, one country at a time. Laura and I continue our adventures in Central America with the aim of gaining an […]
Bonk token goes bonkers as traders chase after high yields in the Solana ecosystem Bonk, a meme token modeled after Shiba Inu (SHIB) that launched on Dec. 25, 2022, and some traders believe the token’s trading volume is potentially driving Solana (SOL) price up. Over the past 48-hours, SOL price has gained to 34% and Bonk is up 117% in the past 24-hours according to data from CoinMarketCap. While […]
Russian Parliament Postpones Adoption of Crypto Mining Bill Russian lawmakers will consider a draft law on cryptocurrency mining in 2023 despite earlier indications they were going to vote on the proposal in December. The bill is expected to set the rules for the extraction and sale of cryptocurrency in Russia amid sanctions limiting the country’s access to global finances and markets. Russia’s New […]
Recounting Ethiopia’s Bitcoin Developments In 2022 This is an opinion editorial by Kal Kassa, an Ethiopian Bitcoiner. 2022 was an exciting year for the global Bitcoin community, and particularly African Bitcoiners. With a large population that is much younger than many other continents, the 54 countries of Africa are increasingly primed for Bitcoin with a growing arsenal of educators, advocates and […]
HRF Bitcoin Development Fund Awards $325,000 In New Grants The Human Rights Foundation’s Bitcoin Development Fund has announced a new set of grants to go out across the globe to support builders in the industry. According to the announcement sent to Bitcoin Magazine, “Areas of focus include Latin America, Africa, the Middle East, Eastern Europe, and South Asia.” The grants include: $50,000 to Gleb […]
The Africa Bitcoin Conference Showed That Africa Needs Bitcoin, Just As Bitcoin Needs Africa This is an opinion editorial by Josef Tětek, the Trezor brand ambassador for SatoshiLabs. The inaugural Africa Bitcoin Conference (ABC) took place earlier this month in Accra, Ghana. Some events in your life are so impactful that you find it hard to get back to a day-to-day reality after you go through them. My visit […]
Vitalik Buterin reveals 3 ‘huge’ opportunities for crypto in 2023 Ethereum co-founder Vitalik Buterin has shared three “huge" opportunities yet to be realized in crypto, including mass crypto wallet adoption, inflation-resistant stablecoins, and Ethereum-powered website logins. During an interview with Bankless co-owner David Hoffman, Buterin shared his outlook for the crypto industry in 2023, responding to Hoffman’s raised concern that the “adoption wave” for decentralized […]
Nigeria Looking To Legalize Bitcoin Usage: Report A local Nigerian newspaper has reported that Babangida Ibrahim, chairman of the House of Representatives Committee on Capital Market and Institutions of Nigeria, claimed the country will soon pass a law making the usage of bitcoin and cryptocurrencies legal. The bill would amend the 2007 Investments and Securities Act. Back in February of 2021, Nigeria […]
Learning Bitcoin For Newbies In Fifteen Minutes This is an opinion editorial by Mark Maraia, author of “Rainmaking Made Simple” and Holly Young, a builder within the Portuguese Bitcoin community. We’ve all been there. You’re at a social event and a friend, acquaintance or relative comes up to you and says “you were into Bitcoin, right?” You know you only have a […]
Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30% In a recent blog post, cryptocurrency legend and former BitMEX CEO Arthur Hayes mentioned he holds sizable bags of GMX and LOOKS tokens. According to Hayes, his main reasoning for investing in both tokens was their platform revenue and the potential of both assets to outperform standard treasury bills. Let’s take a brief look at […]
When Explaining Bitcoin, Persuasion Works Better Than Force This is an opinion editorial by Brooks Lockett, a freelance writer and Bitcoiner who fell down the rabbit hole in 2018. Have you ever inspired someone to get into Bitcoin? What worked? Have you ever accidentally repelled someone away from Bitcoin? What didn’t work? The frustrating reality that 99 out of 100 people on the […]
How can UK-based businesses accept Bitcoin? Accepting Bitcoin payments is advantageous due to lower fees than credit and debit cards, expansion of customer base and real-time bank balances. However, risks like volatility and cybercrime may undermine these benefits. Cryptocurrency payments help save excessive credit and debit card processing fees as they are decentralized and do not need intermediaries to verify the […]
Maturation Of The Lightning Network: Growing Up By Going Vertical This is an opinion editorial by Roy Sheinfeld, the cofounder and CEO of Breez, a Lightning Network mobile app. A version of this article was originally published on Medium. It’s almost tautologically true that specialization within a social system increases with sophistication. In fact, increasing specialization could be one way to define social sophistication. Example […]
FTX’s Collapse Reveals Deeper Questions About Bitcoin Adoption Versus Speculation This is an opinion editorial by Brooks Lockett, a freelance writer and Bitcoiner who fell down the rabbit hole in 2018. I long for the day when savers outnumber speculators on this planet. And the FTX saga has shown us that we’re nowhere close to that dream. Still, the future remains bright. This article attempts […]
World population reaches 8 billion, but how many are in crypto? The global population figure has just reached a huge milestone, with 8 billion souls now sharing the planet. Meanwhile, crypto adoption continues to grow. According to Worldometer, which draws estimates from a 2022 United Nations report, the global population ticked over 8 billion on Nov. 15, doubling from a population count of 4 billion in […]
Bitcoin Will Empower The Youth Of Nigeria This is an opinion editorial by Ray Youssef, CEO of Paxful and cofounder of the Built With Bitcoin Foundation. My plane wheels touched the tarmac, the excitement took over me — it was my first visit to Nigeria in a year, and it felt good to be back. Anyone who has listened to me over […]
Crypto News Summary: UK Santander to Block Payments to Exchanges, BTC 50K Silk Road Guilty Plea, Ledger Live & Solana Mobile Stack Integration
Union Bank of Philippines Launches Crypto Trading Services – Which Coins Are Included? Source: AdobeStock / Yury Digital asset management technology METACO announced that the Union Bank of the Philippines is now live on its flagship platform Harmonize, to launch a pilot program for crypto custody and trading services for select retail customers. The pilot will include bitcoin (BTC) and ethereum (ETH). According to a press release, UnionBank launching this pilot program is “a major step forward […]
Leading Global Payments Network MoneyGram to Offer Cryptocurrency Services Source: iStock/yevtony Global payments company MoneyGram has announced that US users can now use its platform to buy, sell, and hold some major cryptocurrencies. In a November one press release, the payments giant said that it will offer crypto purchase services via its app to customers in nearly all U.S. states and the District of Columbia. […]
Bitcoin Adoption Happens Fastest In Circular Economies This is an opinion editorial by Kudzai Kutukwa, a passionate financial inclusion advocate who was recognized by Fast Company magazine as one of South Africa’s top-20 young entrepreneurs under 30. There is a battle going on in the world today that is largely hidden from the general public’s view. This is not a battle between […]