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Speedy Citizenship in El Salvador by Bitcoin Donations – An Innovative Approach In a bold and innovative move, El Salvador has passed a new immigration law granting speedy citizenship to overseas inhabitants who contribute to the nation’s social and economic developmental projects through bitcoin donations. Despite this intriguing news, the exact figure in Bitcoin thatContinue reading “El Salvador’s Law Proposes Expedited Citizenship for Bitcoin Donors, According to Report”

Bitcoin Mining Operator Stronghold Bags $15 Million in Equity Amid Challenges in Hashrate Curtailment Top player in the Bitcoin mining industry, Stronghold Digital Mining, recently made the news as it disclosed an equity raise worth $15 million. This transaction was conducted with an institutional investor, highlighting the serious interest in crypto ventures even amidst theContinue reading “Bitcoin Miner Stronghold Bags $15 Million in Equity Amid Hashrate Hurdles”

The Supremacy of Bitcoin Over Ethereum in 2023: Leading in Market Cap, NFT Sales and Fee Production The world of cryptocurrency has seen bitcoin marking a significant lead against Ethereum in several crucial aspects during the last year. From the start of the year onwards, the value of Ethereum, represented by Ether, has decreased byContinue reading “Bitcoin Outperforms Ethereum in 2023: The Leader in Market Cap, NFT Sales, and Fee Generation”

Major Deregulation Steps Undertaken by Argentina’s President, Javier Milei The head of state of Argentina, Javier Milei, has introduced a sweeping emergency executive order that annuls a slew of existing laws to prepare the nation for impending modernization and privatization endeavors. This comprehensive executive order is inclusive of 366 sections and it impacts significant aspectsContinue reading “Argentina’s President, Javier Milei, Implements Significant Deregulation Steps Through Executive Order”

The Rocky Road of GHO Stablecoin The journey of GHO, the stablecoin launched by Avara, previously called Aave, has been undoubtedly turbulent. GHO promised to maintain a $1.00 equivalence, but that has proven to be a formidable task. Despite starting at $0.98 per coin and then experiencing a slight dip to $0.975 three weeks ago,Continue reading “Bluechip Awards D Grade As GHO Stablecoin Struggles to Maintain Dollar Peg Amid Public Disapproval”

Phantom Wallet Widens its Cryptocurrency Support The Web3 focused wallet, initially designed for Solana, Phantom, is expanding its peripheries. The wallet previously added support for Ethereum and Polygon and has now announced the integration of Bitcoin, plus BRC20 tokens, and Ordinal inscriptions. Users of the Phantom Wallet can now manage their distinct Bitcoin focus collectibles,Continue reading “Demand Skyrockets as Phantom Widens Web3 Wallet to Include Bitcoin, Ordinals, and BRC20 Tokens”

Triumph of Grimace Community: MEXC’s Multimillion Dollar Loss Emerging as a star in the cryptocurrency realm in the spring of 2023, Grimace quickly grabbed attention for its rapid growth and philanthropic initiatives. Early investors reaped considerable benefits while contributing substantially to various charities. It was during these prime times that notable events like poker, chess,Continue reading “MEXC’s Multimillion-Dollar Surrender: A Major Win for the Grimace Community”

The Pinnacle of Bitcoin’s Hashrate : A Historic 527 EH/s Lifetime High In an unprecedented achievement, recent data unveils that the seven-day capacity of Bitcoin’s hashrate has reached an all-time high. On 20th December 2023, the seven-day simple moving average (SMA) of Bitcoin’s hashrate climbed to an astounding 527 exahash per second (EH/s), breaking theContinue reading “Bitcoin’s Hashrate Reaches Unprecedented 527 EH/s, Breaks All-Time Records”

Significant Expansion of Bitcoin Blockchain: Milestone Surpassed at 500 GB Despite Bitcoin not outperforming its historical price peak this year, it has broken numerous records in terms of technical aspects. One of such breakthroughs is reaching a new milestone as the distributed ledger reached half a terabyte, pushing past 500 gigabytes to house the blockchain’sContinue reading “Bitcoin Blockchain Crosses Half-Terabyte Milestone With Rising Transactions and Enhanced Block Capacity”