The cryptocurrency market is always buzzing with opportunities. Memecoins take the limelight and the potential for skyrocketing growth with the prediction of 90X by this weekend. Pepe and Shiba Inu may have made some headlines in the past and given short-term profits to investors, but their momentum seems to be slowing down these days. This … Read more
According to Whale Alert, the average profit per BTC is at an all-time high of $67,088, at the time of writing. “The Potential Profit per Token graph shows the potential profit that holders could make per token if they sold at a specific time,” Whale Alert’s website explains. Whale Alert has further calculations on this … Read more
On Wednesday, December 19, 2024, Foundation announced the release of its newest device, the Passport Prime. Introducing Passport Prime – Your Personal Security Platform! We’re thrilled to present Passport Prime, the world’s first personal security platform designed to secure your Bitcoin and your entire digital life. Think: A Swiss Army Knife for your online security. … Read more
As a condition of a new IMF loan package, President Bukele of El Salvador has had to concede three aspects of the Bitcoin Law passed in 2021: A legal tender mandate requiring businesses to accept Bitcoin Shutting down Chivo, the state run wallet and on/off ramp service No longer accepting tax payments in bitcoin Ultimately … Read more
Vancouver’s Mayor, Ken Sim, is a genuine Bitcoin enthusiast who’s doing his part to get Vancouver’s city council as well as its citizens to see what he sees when it comes to Bitcoin. And his efforts are starting to bear fruit. On December 11, 2024, the Vancouver City Council greenlit a motion Mayor Sim prepared … Read more
If you’ve been watching bitcoin, you probably noticed the pullback yesterday. It dropped from $108,000 to $99,000 after the FOMC meeting, where the Fed cut rates, and Jerome Powell, the Fed Chair, when asked about the Strategic Bitcoin Reserve, said: “We’re not allowed to own bitcoin and not looking for a law change.”. The market, as … Read more
Follow Aaron on Nostr or X. The IMF yesterday announced they have reached a $1.4 billion loan deal with El Salvador. In return, the Central American country that in 2021 made bitcoin legal tender had to remove some of its pro-Bitcoin policies. I spent about three months in El Salvador around the time the Bitcoin … Read more
Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, in a press release sent to Bitcoin Magazine. 700,000,000 satoshis (7 BTC) currently worth $706,000 at the time of writing, is being granted across 20 different projects around the world focusing on technical education for people living under authoritarian regimes, … Read more
One counter-argument against pushing for greater scalability with Bitcoin is that “most people won’t self-custody anyway, so why bother?” This is a wildly assumptive, arrogant, and outright fallacious argument. It is the same type of logical fallacy that human beings can’t help but make. The current state of the present is an indicator of what … Read more
In the world of Bitcoin investing, understanding market cycles is key to identifying buying opportunities and spotting potential price peaks. One indicator that has stood the test of time in this regard is the Puell Multiple. Originally created by David Puell, this metric examines Bitcoin’s valuation through the lens of miner revenue, offering insights into … Read more