Bitcoin miner to go public on Nasdaq after $4B SPAC merger
The newly merged corporation will retain its ticker symbol BSGA on the Nasdaq stock exchange. Jihan Wu will continue to lead the combined organization.
The newly merged corporation will retain its ticker symbol BSGA on the Nasdaq stock exchange. Jihan Wu will continue to lead the combined organization.
About a month ago Turkeys president has declared a "War on Crypto" following young turkish people using Crypto to escape the extreme inflation. You may ask how this war on crypto is going? Turkeys currency has just hit an inflation of 20%, with no end in sight. Following his statement, even more turkish people are…
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TLDR: New generative art nft platform (currently on rinkeby testnet). Links: Site: https://anaai.art App: https://app.anaai.art Twitter: https://twitter.com/anaai_art Discord: https://discord.gg/untVhFr9 demo Hello guys, in the past few months we have been developing a generative art platform on the blockchain. We plan to use different generative and AI models to allow users to create their own art.…
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Mike Novogratz said the partnership was part of a move to “bring readers, creators, and the curious into the metaverse.”
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When I was new to crypto I was deciding which exchange to use and had decided on crypto.com. At the time crypto.com and their CRO coin had a bit of a bad reputation but I did my own research and determined that the things people were concerned about were growing pains and that an exchange…
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I am new to investing in cryptocurrency and I have been searching the internet for advice. I don’t really have people I know that are into this thing so I don’t really have anyone to ask about it. Facebook is hopeless. There’s no real advice or anything. Sometimes I feel like I might get scammed…
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The Bank of Russia views CBDC as a responsible alternative to Bitcoin and wants to take fees from CBDC transactions.
Bitcoin lightning network has now hit a record high. With the recent bull rally and adoption taking place in the year, the need for the lightning network has grown. This has led to massive growth for the network. Liquidity in the lightning network has hit multiple all-time highs this year and this is just another addition to that list. Facilitating fast, efficient, and cheap transactions have been the driving force behind the success of the network. The all-time highs being hit this year show that adoption is growing and it represents a crucial lift-off point for the digital asset going forward. Bitcoin Lightning Network Beats New Record The recently reached all-time high of the bitcoin lightning network shows just how much it has grown since its inception. It also shows that the network is becoming increasingly important due to the amount of liquidity that is now present in it. With the record 3,225 BTC now in the network, it is more or less the evidence of adoption in the past few months. Related Reading | VanEck Bitcoin Futures ETF Gets SEC Greenlight After Spot Rejection One of these main drivers has been the adoption of bitcoin as legal tender in El Salvador. The country uses the bitcoin lightning network to settle transactions being made in BTC and as such has added enormous liquidity for the network. The chart shows just how much growth has been experienced by the network since the official adoption of bitcoin in the country, and this is just one country. Lightning network adoption surges after El Salvador adoption | Source: Arcane Research The lightning network is expected to grow even more in the coming months. This is because there has been an increase in service providers opting to use the lightning network to settle transactions. Although it looks like it might be at an inflection point on the chart, these newcomers will push it to newer highs. Factors Driving Adoption A number of factors have been behind the popularity of the bitcoin lightning network in recent times. Most notable of these have been the El Salvador adoption of the digital asset as a legal tender in the country. However, others like Twitter and Bitcoin Suisse are also bringing attention to the lightning network. BTC price falls to $59K | Source: BTCUSD on TradingView.com Twitter had announced not too long ago that it was rolling out the tipping feature called the “Tip Jar” which would allow followers to tip their favorite content creator with crypto right on the app. This feature utilized the lightning network to enable the bitcoin transactions to be fast and cheap and has brought more attention to the network. Related Reading | There Are More People Using Bitcoin Wallets Than Bank Accounts, Says El Salvador President In addition, Bitcoin Suisse, the largest Swiss bitcoin broker, is furthering the adoption of the lightning network with its recent announcement. Bitcoin Suisse has said that it will make the lightning network technology available for use for its crypto payments system. Bitfinex, one of the leading crypto exchanges, also enabled lightning deposits and withdrawals for its users. Featured image from Securities.io, chart from TradingView.com
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