Bitcoin News and Information Today

The Bitcoin Calendar: Days to Remember and Commemorate

May 23, 2023

Bitcoin is the first cryptocurrency ever to be invented and it introduced the blockchain technology. It gave birth to a whole new area and this is the very reason why there are so many events in its past that are considered to be memorable or important.

Bitcoin Pizza Day 2023: What can we learn from this historic moment in Bitcoin’s history?

May 22, 2023

Every year the Bitcoin community is celebrating the fact that somebody bought two pizzas online. This looks a little bit strange at first glance but it is one of the most important moments in Bitcoin’s history. What is Bitcoin Pizza Day all about and why is everybody celebrating it?

Taproot wizards cause a stir at Bitcoin Miami

May 22, 2023

The guys who self-identify as the Taproot Wizards - Eric Wall and Udi Wertheimer - entered the main stage of Bitcoin Miami to loud cheers. After their short and silly wizard dance, the panel discussion started in earnest. But not everyone in the Bitcoin community is a fan of their quirky attitude and projects.

Will nation states engage in hash wars?

May 19, 2023

We wrote about it earlier: Jason Lowery believes Bitcoin could become the world's reserve currency and that countries should engage in a peaceful "arms race" to mine Bitcoin. He believes Bitcoin is a form of digital property that will be defended similar to how navies secure maritime thoroughfare. Not everyone is sold on this concept. Let's discuss a contrarian view.

Stablecoin issuer Tether has bought BTC for its reserves

May 18, 2023

Stablecoin issuer Tether (USDT) in its recent reserves report reveals that the company holds approximately 52 thousand BTC, worth a respectable $1.5 billion. This is only a fraction of its total assets but signals an interesting potential trend of institutions allocating a piece of their capital to Bitcoin.

One million people now hold 1 BTC or more

May 17, 2023

For the first time in the network's history the number of Bitcoin addresses holding more than 1 BTC has crossed 1 million. It shows that Bitcoin keeps getting more decentralized in its holder base, which is a good thing.

First ever BTC transaction not for pizza but... a jpeg?

May 15, 2023

We're not far from Bitcoin Pizza Day, on May 22. The day commemorates the first time BTC was used, in 2010, to buy products in the real world: two pizzas. But from a January 2010 thread on Bitcointalk, it appears that a user wanted to receive 500 BTC in exchange for a picture, predating the legendary pizzas.

Michael Saylor: Ordinals are a catalyst for Bitcoin adoption

May 11, 2023

Michael Saylor is the most reckoned Bitcoin maximalist worldwide. His company, MicroStrategy, is the largest holder of Bitcoin, excluding exchange and investment businesses. Many critics have argued that Saylor is biased because of his massive exposure to BTC. However, even though he is basically all-in on Bitcoin, his opinion still provides food for thought. Recently, Saylor visited a podcast and argued that Ordinals are a catalyst for Bitcoin adoption.

American miner sets up liquid cooled mining backed by Abu Dhabi government

May 11, 2023

Marathon Digital, the American Bitcoin mining powerhouse, has joined forces with Zero Two, a firm from Abu Dhabi. Together they will build the first substantial liquid-cooled Bitcoin mining operation in the Middle East.

Liechtenstein: Prime Minister says Bitcoin soon to be accepted

May 08, 2023

Liechtenstein is very progressive when it comes down to crypto. The small country was very early to introduce regulations for crypto a few years ago. Because of this crypto-friendly approach, many businesses settled in Vaduz and operate from the country’s capital. But the story of Liechtenstein and crypto doesn’t stop there. Recently, the Prime Minister revealed in an interview that his country has plans to adopt Bitcoin for payments.

Bitcoin mining tax in the USA?

May 08, 2023

President Biden's new budget proposal for 2024 introduces a Bitcoin mining tax, which would require bitcoin mining firms to pay 30% extra on top of their electricity bill. If approved, this would come close to banning Bitcoin mining in the country. The Bitcoin community reacts furiously: 'completely disingenuous'.

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