Looking for "Bitcoin"

Showing 11-20 of 228

satoshin • Aug 11, 2023, 12:31 pm EDT

SEC Delays Decision on ARK’s Spot Bitcoin ETF, Solicits Public Feedback

The regulatory landscape surrounding cryptocurrency continues to shift as the U.S. Securities and Exchange Commission (SEC) takes a significant step in evaluating ARK’s Spot Bitcoin ETF. In a move highlighting the careful consideration given to the potential introduction of a Bitcoin exchange-traded fund, the SEC has announced a delay in its decision. A unique opportunity for public engagement accompanies this delay, as the SEC welcomes feedback from individuals and organizations. The decision delay, coupled with the solicitation of public input, underscores the complexity of the regulatory process regarding new investment vehicles centered around cryptocurrencies. As the debate over Bitcoin ETFs gains momentum, the SEC’s move to seek public feedback reflects a commitment to fostering a well-informed and inclusive decision-making process. This development carries far-reaching implications for the cryptocurrency industry, investors, and the broader financial markets. It provides stakeholders an avenue to voice their opinions and signals the SEC’s dedication to understanding the diverse perspectives and potential concerns surrounding a Bitcoin ETF. As the feedback collection period unfolds, the financial world watches closely, recognizing the outcome’s potential to set a precedent for future regulatory decisions within the ever-evolving crypto landscape.

3 minutes

satoshin • Jul 10, 2023, 1:45 pm EDT

Anticipated Spike in Bitcoin Mining Difficulty: Record-Breaking Hike to Wipe Out Recent Drop

In the fast-paced realm of Bitcoin mining, a significant rise is expected in the upcoming difficulty adjustment, which is slated to swing upwards between 4.74% and 7.7%, thereby offsetting the recent 3.26% reduction observed on June 28, 2023, as per data recorded on July 9, 2023.

3 minutes

arusso • Jul 7, 2023, 11:26 am EDT

Mathematicians Bridge a Gap in Number Theory

Two mathematicians have proven an important result connecting elliptic curves to modular forms, extending a breakthrough achieved in the 1990s that led to the solution of Fermat’s Last Theorem. Ana Caraiani of Imperial College London and the University of Bonn, and James Newton of the University of Oxford announced in January that they had shown that elliptic curves are modular for certain imaginary quadratic fields. Their work builds on Andrew Wiles’ 1994 proof that elliptic curves are modular for rational numbers, meaning that for each elliptic curve, there exists a corresponding modular form — an object from analysis, a branch

3 minutes

tinam • May 30, 2023, 1:45 pm EDT

Should I Buy Bitcoin? (Yes, Here’s How)

Find a Byte Federal Bitcoin ATM. You can use the Byte Federal website to find a Bitcoin ATM near you. Have your ID, smartphone, and cash ready. You will need to show your ID to the ATM and pay for your Bitcoin in cash.

3 minutes

tinam • May 28, 2023, 2:51 pm EDT

Bitcoin in El Salvador: A Success or a Failure?

Despite much negative press, data shows that the bet on Bitcoin by El Salvador’s leaders is bearing fruit. Research in May 2023 shows how 1.9% of remittances, or about $96 million, were sent via crypto eight months after the nation adopted Bitcoin as a legal tender. Data shows that while remittance fees to El Salvador were already relatively low (2.85%), Bitcoin’s fees were nearly half as much on average, which meant Salvadorians saved nearly $4 million in remittance fees, according to CoinDesk, by switching to Bitcoin in the eight-month timeframe. Others argue that El Salvador’s Bitcoin pivot is helping bring tourism to the country. Visits were up 81% in May 2023 from 2022, relative to pre-pandemic levels. Research shows that overall GDP could rise by at least 3% if this trend continues. A jump of this magnitude would be transformative, as about 5% of the nation’s GDP comes from tourism. Travel guide leader Lonely Planet has already rated El Salvador as one of its 11 countries to visit in 2023.

4 minutes

tinam • May 26, 2023, 8:06 am EDT

Ron DeSantis: Bitcoin Represents a Threat to the Current Regime

Florida Governor Ron DeSantis, who is running for president in 2024, has said that Bitcoin represents a threat to the current regime. In a recent interview, DeSantis said, “The only reason these people in Washington don’t like Bitcoin is because they don’t control it.” DeSantis’s comments come as the Biden administration has been increasingly critical of Bitcoin. For example, in March, Treasury Secretary Janet Yellen said that Bitcoin is a “highly volatile and risky asset” that could be used for illicit activities. DeSantis, however, argues that Bitcoin is a legitimate form of currency that should be protected. Accordingly, he has said

2 minutes

satoshin • May 25, 2023, 8:52 am EDT

Satoshi Nakamoto: The Untold Story

The identity of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, remains one of the greatest mysteries in cryptocurrency. Nakamoto published the Bitcoin white paper in 2008, and the first Bitcoin block was mined in 2009. Nakamoto continued to work on Bitcoin until 2010 when they abruptly disappeared. Since then, there have been many attempts to unmask Satoshi Nakamoto. Some people have claimed to be Nakamoto, but none of these claims have been verified. There have also been several theories about Nakamoto’s identity, but none of these theories have been proven. So, who is Satoshi Nakamoto? We may never know for sure. But one thing is certain: Nakamoto’s creation of Bitcoin has profoundly impacted the world. Bitcoin is now one of the most popular cryptocurrencies in the world, with a market capitalization of over $1 trillion. In this article, we will take a closer look at the mystery of Satoshi Nakamoto. We will discuss the evidence gathered about Nakamoto’s identity and explore some of the theories that have been put forward.

2 minutes

tinam • May 22, 2023, 12:12 pm EDT

Bitcoin Pizza Day: The Modern-Day Food Order Worth Millions Of Dollars

Today, we celebrate Bitcoin Pizza Day with others worldwide as a testament to the ever-changing, unpredictable nature of the cryptocurrency industry. But it took a food order now worth millions of dollars for the popular cryptocurrency to reach today’s heights. Bitcoin Pizza Day (every May 22nd) is a fun holiday commemorating the first time in recorded history that Bitcoin was used to purchase physical goods. Imagine living in a world where people were turning down 10,000 BTC. That’s what Florida programmer and BTC miner Laszlo Hanyecz ran into back in May 2010 when writing on the Bitcointalk.org forum about his pizza-buying plan. Hanyecz waited for

3 minutes

tinam • May 19, 2023, 1:54 pm EDT

Bitcoin Halving 2024, What Does The Future Hold?

Over the past few months, Bitcoin has experienced a surge in its price, climbing from around $3,000 in February to over $11,000 in June. This has led to renewed optimism among investors looking forward to the upcoming Bitcoin halving, set to take place in May 2020. During the halving, the number of bitcoins rewarded to miners for validating transactions will be cut in half. This bitcoin halving means that the rate at which new bitcoins are created will slow down, which is expected to impact the price of Bitcoin positively. Many analysts have predicted that the halving could trigger another bull run, similar to what happened in 2017 when Bitcoin’s price reached an all-time high of nearly $20,000. Some have even suggested that Bitcoin could reach $100,000 or more after the halving. There are a few reasons why this could happen. First, the reduced supply of new bitcoins may increase demand, causing the price to rise. Second, the halving is expected to make the mining process more difficult, which could lead to higher mining costs and a decrease in supply. However, some factors could dampen the impact of the halving. For instance, some investors may take profits before the halving, causing the price to drop. There’s also the possibility of a bear market, which could push the price down further. Despite these risks, many investors remain optimistic about the future of Bitcoin. Some have even suggested that the current price surge is merely a sign of things to come and that we could see another bull run before the halving takes place in one year.

3 minutes

tinam • May 11, 2023, 3:32 pm EDT

How Bitcoin ATMs Are Making Crypto Payments More Accessible

With the growing popularity of cryptocurrencies, more and more businesses are starting to accept Bitcoin payments. However, buying and selling Bitcoin is still complicated and intimidating for many people. This is where Bitcoin ATMs come in – they offer a convenient and easy way for anyone to buy and sell Bitcoin using cash or credit cards. In this article, we’ll examine how Bitcoin ATMs make crypto payments more accessible to everyone and why they’re becoming an increasingly important part of the cryptocurrency ecosystem. Whether you’re already a Bitcoin enthusiast or just getting started with crypto, read on to learn more about how Bitcoin ATMs can help you buy and sell Bitcoin quickly and easily, no matter where you are.

3 minutes