Category Crypto

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Resisting the EIA: One Possible Playbook

The Biden Administration has intensified oversight on the U.S. bitcoin mining sector through an Energy Information Agency (EIA) emergency survey, portraying electricity usage by miners as a significant threat to national grid stability. This move, which demands detailed disclosures from…

Bitcoin Hits $50,000 For The First Time Since 2021

Bitcoin has surged past the $50,000 mark today, according to CoinMarketCap data, reaching this milestone for the first time since December 2021.  CoinMarketCap The breakthrough marks a significant recovery for Bitcoin, which faced massive volatility and fluctuations over the last couple years,…

Navigating The Now: Events Leading Up To The Bitcoin ETFs

Over the past months, Bitcoin ETFs dominated the cryptocurrency, finance, and investing discourse. A flurry of attention-focused articles on the latest wave of spot Bitcoin ETF applications captured the collective interest. Stakeholders speculated on their implications. Following heightened anticipation at…

Bitcoin Developer Mailing List Migrates To Google Groups

Today, moderators of the mailing list for Bitcoin developers, Ruben Somsen, Bryan Bishop, and Warren Togami, announced the migration of the mailing list to Google Groups. “The bitcoin-dev mailing list has migrated from Sourceforge.net where it was originally hosted, to Linux Foundation, to…

The No-coiner Texts Arrive: A Bull Market Beckons

The subtle shift in social media conversations. The mentions in the mainstream media: “Bitcoin will now be available for Wall Street investors!”. All the text messages arriving with questions about bitcoin from your no-coiner friends. Bitcoiners know that this is…

The EIA Emergency Information Collection Is Alarming

In mid-January, a massive winter storm swept across the United States, dropping temperatures in Central Texas into the low 20s and causing Texans to huddle indoors with their heaters running full blast. The Texas power grid creaks and groans when…

Bitcoin ETF: A Decade Of Struggle For Legitimacy

The crypto revolution was finally taken to new heights when the SEC approved 11 Bitcoin spot ETFs in January 2024. Global investors flooded in like never seen before, adding almost $5 billion of inflows on the first day of trading.…

Rubin’s Reubens And The Push For CTV

You may have noticed a new trend on bitcoin twitter lately, people changing their profile pictures to some form of a Reuben sandwich. I am going to explain what this means, why you should care and why you should consider…

MicroStrategy Buys 850 More Bitcoin for $37 Million

MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 850 BTC at a total cost of $37.2 million, Founder & Chairman Michael Saylor announced today. “We acquired 31,755 additional bitcoins…

Bitcoin Mining And ERCOT – The Data Tells The Story

Several headlines recently described a 25% drop in bitcoin network difficulty during Winter Storm Finn in January. Most attributed this drop to curtailment activity in Texas. While Texas does represent 17% of the global bitcoin hashrate, ERCOT data shows that…