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MicroStrategy Buys An Additional 16,130 Bitcoin For $593 Million

MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 16,130 BTC at a total cost of $593.3 million, Founder & Chairman Michael Saylor announced today. The purchase came as Bitcoin's...

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Scaramucci: Spot ETF Will Help Wall Street’s Salesforce Drive Billions Into Bitcoin

If there's one thing people are underestimating about a Bitcoin spot ETF approval, it's the reality of Wall Street's marketing engine.At least that was the takeaway from capital allocator Anthony Scaramucci's most recent visit to crypto industry podcast "The Scoop."...

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One in Four Americans Own Bitcoin: Unchained Study

Unchained, a prominent Bitcoin financial services provider, released a new report today showcasing an interesting surge in bitcoin ownership among Americans. According to their findings, a one in four Americans and 55% of surveyed investors, defined by Unchained as those...

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Everyone Needs An Uncle Jim

The recent decision by Wallet of Satoshi to stop serving customers in the United States brings us to a crossroads in the evolution of Lightning’s use as a consumer tool. While it is trusted and custodial, Wallet of Satoshi has...

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Satoshi Orderbook Saturn Raises $500,000 in Pre-Seed Funding Round

Saturn, a non-custodial peer-to-peer orderbook for satoshis, has successfully concluded its pre-seed funding round, securing over $500,000 in investments, according to a press release sent to Bitcoin Magazine.This raise was accomplished under the leadership of venture capital firm Big Brain...

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MuSig2 Is Ready Pending Two New BIPs: Introducing A New Era Of Multisig Privacy

Traditionally, creating an n-of-n multisig using CHECKMULTISIG means you’ll publish a proportional number of signatures and public keys on the blockchain to signers in the transaction. This approach not only reveals the total number of participants in the transaction, but...

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Lightning Is Doomed

Lightning is doomed. High fees from Ordinals have killed all hope of scaling Bitcoin non-custodially, there is no chance at all that people will be able to cost effectively open channels or enforce hung payments on-chain when necessary. It’s all...

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DEMAND Launches World’s First Stratum V2 Bitcoin Mining Pool

Bitcoin mining company DEMAND has announced today the world’s inaugural Stratum V2 mining pool, according to a press release sent to Bitcoin Magazine. This pool, built on the open-source Stratum Reference Implementation (SRI), aims to usher in a new era...

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Bitcoin: The Future Of Money Or The Esperanto Of Money?

Some fifty-odd years ago, I purchased a small pamphlet that promised to teach me the rudiments of “the international language” – Esperanto. The shirt-pocket sized booklet contained a half-dozen pages of grammar and a vocabulary of a few hundred words....

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Bitcoin: The World’s First Decentralized Organization

Comparisons between the market capitalization of Bitcoin and publicly traded companies used to make me wince in frustration. Trying to contrast the world’s first successful digitally native currency to a single industry is narrow minded, let alone a single company....

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