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PHAVER-UP: GENESIS is near, are you prepared? 🦄 Whitelist Week 1 celebrates our beginning with @lens/lens: 🌿 Connect a Lens to your Phaver profile 🌿 Connect an NFT to Phaver Cred 🌿 Post to Lens from Phaver by April 9 🦄 Mint on Magic Eden April 10 🆙 Details ⤵️ https://phaver.gitbook.io/phaver-help-center/phaver-up-nfts/what-is-a-phaver-up-nft Stay cautious of scam links or fake collections. Always verify through our official channels.
Bitdeer Utilizes Chip Giant TSMC, Eyeing $ 60M in Bitcoin Mining Equipment Production According to the publicly-listed mining corporation Bitdeer, the company is employing Taiwan Semiconductor Manufacturing Company (TSMC) for its Sealminer A1 mining rigs for the third quarter. Bitdeer also disclosed that it extracted 294 bitcoins in March, marking a 28.4% enhancement over March 2023’s earnings. Ahead of Bitcoin’s Next Halving, Bitdeer Taps TSMC for Proprietary Mining Chips Following the unveiling of its in-house developed application-specific integrated circuit (ASIC), Bitdeer (Nasdaq: BTDR) has rolled out its business update for March 2024. This announcement highlights the collaboration with Taiwan Semiconductor Manufacturing Company (TSMC) on its unique mining processor, the SEAL01. Established in 1987, TSMC stands as the world’s preeminent contract chipmaker, playing a pivotal role in the semiconductor sector. Bitdeer stated that as of March 31, it had “committed orders for wafers” from TSMC, anticipating that the assembly of these rigs would generate $ 60 million from Sealminer A1 mining equipment. “This amount is subject to further adjustments based on the actual manufacturing expenditure,” the company added. Earlier disclosures from the company indicated that the Sealminer’s semiconductor utilizes a 4-nanometer (nm) technology. “We mined 294 bitcoins in total during March, representing an increase of 2.4% from last month,” Linghui Kong, the chief business officer at Bitdeer remarked. “As we previously announced, our self-mining operations at our Gedu [data center] experienced curtailment during the first quarter due to seasonally higher electricity prices. However, we have secured a price of approximately $ 0.0425 per kWh for the Gedu [data center] for the remainder of the year starting on April 1, 2024.” This update emerges amidst a significant escalation in ASIC purchases from bitcoin mining rig manufacturers, including Canaan, Bitmain, and Microbt. Furthermore, advancements continue to progress, with Bitmain recently unveiling a device boasting an efficiency of 15 joules per terahash (J/T). Entities have procured tens of thousands of ASICs in preparation for Bitcoin’s fourth halving event, slated to occur between April 18-20, 2024.
We're excited to announce our $ 1 million angel round, celebrating the momentum behind $BONSAI (@lens/bonsai) and quickly becoming the culture currency of Lens! Creators have earned over $ 3 million $BONSAI ($ 240k USD) to date 💸💸💸 Read the full announcement: https://mirror.xyz/madfiprotocol.eth/LV5EFIJOozxkaZZSz3ZEeq7eAgYfJtQGCQlLtYvguS0
PHAVER-UP: GENESIS is near, are you prepared? 🦄 Whitelist Week 1 celebrates our beginning with @lens/lens: 🌿 Connect a Lens to your Phaver profile 🌿 Connect an NFT to Phaver Cred 🌿 Post to Lens from Phaver by April 9 🦄 Mint on Magic Eden April 10 🆙 Details ⤵️ https://phaver.gitbook.io/phaver-help-center/phaver-up-nfts/what-is-a-phaver-up-nft Stay cautious of scam links or fake collections. Always verify through our official channels.
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London Stock Exchange to launch Bitcoin and Ethereum exchange traded notes (ETN) market.
👀We r just 23 days away from #Bitcoin    halving 🪂Upcoming #Airdrops will be massive 🪂 @wormholecrypto 🪂 @zksync 🪂 @LayerZero_Labs 🪂 @Blast_L2 🪂 @eigenlayer 🪂 @LineaBuild 🪂 @Scroll_ZKP 🫵R u ready for it? 💙Like 🔁RT https://twitter.com/CryptoTeluguO/status/1772077938453655781?t=zhYF18HusVPMRahMuFt_yQ&s=19
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1 cent transactions on zkSync. With EIP4844 now completed, we've turned our undivided attention to decentralization. The network belongs to its community.
$pointless $fries $chaos $bonsai What else are Lens-native tokens?
GM Frens!💜 Join us in Seoul at March 29th for Phaver x Mocaverse x Superwalk 🇰🇷Seoul Extravaganza 🔥 Meet the new K POP team from Moca, Phaver & Superwalk with Yachts, KBBQ and more! Please register here: 👉 https://lu.ma/Seoul-Extravaganza
Time to bring all your questions
Bitcoin down
We reached 5000+ followers 🥳🥳🥳 Collecting is free for every follower to say "thank you" 🤗
JUST IN: 🇸🇻 El Salvador is up $ 74 million (+60%) on their Bitcoin holdings.
Bitcoin's Leap Past $ 65K Ignites Speculation of Qatari Billionaire's Big Buy Post-Atlantis Conference
Satoshi Nakamoto to Martti Malmi: The Correspondence That Shaped Bitcoin's Early Days In a series of insightful emails between Martti Malmi and Satoshi Nakamoto, the foundational discussions shaping the early development of Bitcoin are revealed. These exchanges offer a rare glimpse into the critical thinking and technical challenges overcome in the cryptocurrency’s infancy.
Raging Inferno: Over 3% of All Ether Supply Has Been Burned Since Implementing EIP-1559 Ethereum has shed a significant part of its supply since the London upgrade, applied in August 2021. According to ultrasound.money, a portal that records several statistics associated with the ETH burn, over 4 million ether (3.2%) have been removed from the network since the adoption of EIP-1559, which changed how fees are calculated.
Bitcoin's Fourth Halving, Nigerian Currency Plunges, Canadian Court Rebukes Trudeau, and More — Week in Review Anticipation is high for Bitcoin’s fourth network halving. Meanwhile, the Nigerian currency has hit a new low against the U.S. dollar, while in Canada, the Federal Court declared the freezing of crypto donations during the 2022 “Freedom Convoy” protests unconstitutional. Renowned analyst Richard Bove has predicted the end of the U.S. dollar as the world’s reserve currency, suggesting that China’s economy is set to surpass that of the U.S.
'Wolf Of All Streets' Explains Bitcoin Halving Could Send BTC to $ 240,000 Scott Melker Shares Bitcoin Price Outlook Scott Melker, also known as the “Wolf of All Streets,” provided insights into the anticipated bitcoin halving event slated for April 2024 in an article published by The Street earlier this week. He also explained why the event could propel the bitcoin price to $ 240,000. Melker is a well-known trader, investor, writer, and host of the Wolf of All Streets podcast. In 2020, he won the Binance Influencer of the Year Award for North America. “The bitcoin halving will occur when the number of blocks that are mined reaches 840,000 in April 2024, then the reward per block will decrease from 6.25 to 3.125 bitcoin,” Melker detailed. “This basically means that the new supply being issued is cut in half. It becomes twice as difficult for miners to make money mining bitcoin.” The Wolf Of All Streets noted that in the last halving cycle, “you go from that $ 20,000 high all the way up to the $ 69,000 high, that’s an appreciation of 250.86%,” adding:
Robert Kiyosaki: Bitcoin Protects Against Theft by the Fed, Government, and Wall Street Bankers Robert Kiyosaki Explains Why He Owns Bitcoin The author of Rich Dad Poor Dad, Robert Kiyosaki, has explained why he owns bitcoin. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. Kiyosaki explained in a post on social media platform X Tuesday:
Spot Ethereum ETF approval 'unlikely until late 2025 or early 2026,' says TD Cowen.
🚨Grayscale Sent 6,534 Bitcoins, Totaling $ 274.95 Million, into Coinbase Prime Today.
Nigerian Currency Plunges to New Low Versus the USD, Central Bank Governor Says Naira is ‘Undervalued’ The beleaguered Nigerian currency has plunged to a new low against the U.S. dollar on the official market, briefly falling to NGN1,398 per greenback on Jan. 25. According to a Reuters report, the naira’s new official record low saw it nearly converge with the parallel market exchange rate, which stood at NGN1,400:USD1. This latest depreciation of the naira is a continuation of a descent that seemingly began immediately after Bola Tinubu succeeded Muhammadu Buhari as Nigeria’s president and removed former Central Bank of Nigeria (CBN) Governor Godwin Emefiele. Before that, the Nigerian central bank had kept the naira’s exchange rate versus the dollar fixed at just under NGN500:USD1. Following the appointment of the new CBN leadership, the naira has steadily depreciated against major currencies on both the official and unofficial markets. Many Nigerian economy experts agree that the ongoing slide of the naira is mainly due to shortages of foreign exchange. However, the current CBN governor, Olayemi Cardoso, recently told delegates attending the launch of an economic outlook report that the naira is in fact “undervalued” and efforts are now underway to help it realize its true value.
Crypto, AI and Data Centers Could Double Energy Consumption in 2026 According to a recent report by the International Energy Agency (IEA), an international organization created in 1974 to secure the energy reliance of its members, it is predicted that the energy consumption of traditional data centers, artificial intelligence (AI), and crypto might double by 2026. The IEA stresses that data centers are a critical part of today’s digitalization, supporting all kinds of online operations, with 40% of the electricity demand of these centers coming from computing tasks and another 40% from cooling the devices where this computing takes place. This industry’s demand for these computing tasks was 460 TWh in 2022, 2% of the global energy consumption. This is expected to increase to 620-1,050 TWh in 2026, signifying that it would add the demand of a country like Sweden, at the most conservative prediction, or one like Germany, at the worst estimation, to the global energy consumption.
Bitwise Leads the Way as First US Bitcoin ETF to Publicly Disclose WalBitwise Sets New Standard: Onchain Spot Bitcoin ETF Authentication Bitwise, the cryptocurrency asset management firm known for its recent introduction of the BITB U.S. spot bitcoin ETF, has become the first ETF to authenticate its BTC reserves. This development comes closely on the heels of Arkham Intelligence, an onchain analytics company, disclosing the onchain BTC holdings of several major players including Blackrock, Bitwise, Fidelity, and Franklin Templeton. “Today the Bitwise Bitcoin ETF (BITB) becomes the first U.S. bitcoin ETF to publish the bitcoin addresses of its holdings,” Bitwise wrote on the social media platform X. “Now anyone can verify BITB’s holdings and flows directly on the blockchain. Onchain transparency is core to Bitcoin’s ethos. We’re proud to walk the walk with BITB” The company further added: Publishing onchain addresses is a first step toward increasing public transparency. As infrastructure evolves, we hope to do more, such as working with firms like [Hoseki App] to provide real-time cryptographic attestations. Bitwise has joined the growing trend of centralized exchange (cex) platforms that have enhanced their proof-of-reserve (POR) attestations in the past year. The use of POR systems, which have been in place for years but only minimally, surged following the collapse of FTX, prompting exchanges to be more transparent in providing details about their crypto reserves. As of 4:40 p.m. Eastern Time (ET) on Jan. 24, 2024, Bitwise’s wallet, identified as “1CKVs,” owns 11,858.63 BTC, valued at approximately $ 470.74 million at the prevailing exchange rates. Since its establishment on Jan. 11, 2024, there have been 17 transactions in total within this wallet. Ranking 71st among the top 100 wealthiest bitcoin addresses, the Bitwise wallet has not transferred any satoshis since its creation. It remains to be seen if other spot bitcoin ETFs will adopt a similar approach to address verification. What do you think about Bitwise disclosing its public bitcoin address associated with the BITB ETF? Let us know what you think about this subject in the comments section below. TAGS IN THIS STORY BITB, Bitcoin (BTC), bitcoin etf, Bitwise, Crypto, Cryptocurrency, spot bitcoin ETFs Join our Bitcoin.com community Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 8,000 articles for Bitcoin.com News about the disruptive protocols emerging today. GBTC Sees Over 80,000 Bitcoin Leave in 12 Days While Rival ETFs Amass 118,000 BTC NEWS | 9 hours ago Arkham Reveals Onchain Addresses Linked to 4 Major Bitcoin ETFs, Boosting Market Transparency NEWS | 14 hours ago Image Credits: Shutterstock, Pixabay, Wiki Commons PREVIOUS ARTICLE Okx Exchange Announces Plans to Compensate Users After OKB Token Flash Crash NEXT ARTICLE IRS Revises Digital Asset Question on Tax Forms COMMENT More Popular News Mad Money Host Jim Cramer Doubts Bitcoin Will Find Its Footing as Selloff Continues MARKETS AND PRICES | 1 day ago Bitcoin Plummets Below $ 40K for First Time in 48 Days, Triggering Market-Wide Crypto Slide MARKET UPDATES | 2 days ago Peter Schiff Says All Spot Bitcoin ETFs Are Now in Bear Markets — Warns of Deeper Losses MARKETS AND PRICES | 1 day ago Trezor Issues Security Alert Following Phishing Attack and Data Breach SECURITY | 2 days ago Bitcoin Sinks Below $ 39,000 as Market Pressure Intensifies MARKET UPDATES | 2 days ago Ripple Asks Judge to Deny SEC's New Discovery Requests Concerning XRP LEGAL | 2 days ago Buy crypto Sell crypto I want to buy Bitcoin(BTC) How much? BDT GET QUOTE Automatically According to statistics, the stablecoin crypto asset FDUSD has seen its market capitalization grow by $ 1 billion since the start of the year. Presently, the supply stands at 2.614 billion FDUSD after witnessing a 45.7% supply increase in 30 days. 9 Freshly Launched Spot Bitcoin ETFs Gather Over 81,000 BTC, Valued at $ 3.39 Billion
The 9 New Bitcoin ETFs are buying 12,700 BTC every day. Where Only 783 new Bitcoins were issued yesterday. Boom💥
🇰🇷 South Korea's Office of the President Urges Regulator to Consider Approving Bitcoin ETFs. Bitcoin 💥💥💥
Critical Bug in Ethereum's Nethermind Client Highlights Risks of Low Client Diversity.
BTC price risks $ 40K breakdown as GBTC ETF steps up Bitcoin outflows Bitcoin BTC $ 40,026 kept $ 40,000 retests coming at the Jan. 22 Wall Street open amid ongoing BTC sales from asset manager Grayscale.
Blockchain technology can be used to combat the proliferation of counterfeit documents and products with its decentralized, immutable nature, ensuring secure and verifiable certification processes. KaliCertif, a blockchain-based platform, exemplifies this trend by offering secure and easy-to-verify digital certificates for various documents and products.
US Bitcoin ETFs have now amassed a combined 95,000 Bitcoin worth $ 4 BILLION since launch 🚀
Bloomberg’s legal expert gives Coinbase 70% chance of victory against SEC.
Grayscale's New Study Reveals Emerging Synergy Between AI and Cryptocurrency The integration of artificial intelligence (AI) and cryptocurrency is heralding a new era of technological advancement, as highlighted in a recent Grayscale Investments report by Will Ogden Moore. Grayscale’s latest report says this synergy, marked by the impressive performance of AI-related crypto assets, is expanding the scope of blockchain applications beyond traditional payment systems.
Vitalik Buterin Debates Over Blockchain Scaling Terminology
Whale Watch — $ 2 Billion in Bitcoin Awakens, Shifting From Long-Term Hibernation Arkham Intelligence reports that approximately $ 2 billion worth of bitcoin, stored in five distinct addresses, experienced movement on Jan. 16, 2024, for the first time since their initial deposit in 2019. Each of these addresses obtained their funds from wallets established on Jan. 15, 2019, following a period of inactivity since 2013, when the bitcoins were initially dormant. $ 2 Billion in Dormant Funds Relocated, Originating from 2013 According to a social media update from the blockchain analytics company Arkham Intelligence, there’s been some recent activity involving vintage bitcoins moving within the network on Jan. 16, 2024. “$ 2 billion of dormant bitcoin moved just before U.S. market open today, across several linked addresses,” Arkham detailed. “The [bitcoin] had moved once in 2019, and before that had been dormant since 2013
Ethereum Bounces Back: Surpasses 2-Year Low Against Bitcoin Following Erroneous SEC Announcement On Wednesday, ethereum (ETH) experienced a 4.32% increase in value against the U.S. dollar, contrasting with bitcoin’s (BTC) 3.97% decline in the same 24-hour period. The day before, on Jan. 9, 2024, ETH reached a low of 0.04806 BTC per coin. Currently, as of 9:45 a.m. Eastern Time (ET), ETH stands at 0.05293 per unit, marking a 10.13% rise against bitcoin compared to the low.
Elon Musk Still Owns 'a Bunch of Dogecoin' — Spacex Owns 'a Bunch of Bitcoin' Tesla CEO and Spacex chief Elon Musk has revealed that he still owns “a bunch of dogecoin,” affirming his commitment to keep buying and supporting the meme cryptocurrency. Musk additionally revealed that his company Spacex still owns “a bunch of bitcoin.”
Bitcoin Technical Analysis: BTC's Subdued Start to the Week Amid US Market Closures Monday is anticipated to be a subdued day for trading activities, owing to the observance of Martin Luther King Jr. Day, resulting in the closure of the U.S. bond market, Nasdaq, and the New York Stock Exchange (NYSE). Over the past hour, bitcoin has been observed trading within the range of $ 42,530 and $ 42,765 per unit, marking a slight decrease of 0.3% over the 24-hour timeframe. Bitcoin’s intraday prices have fluctuated, showcasing values from $ 41,746 to $ 43,005.
Greenpeace Blasts Bitcoin EFT Approval, States It Is 'a Loss for the Climate and Society' Greenpeace, an environmental defense organization, has criticized the recent approval of several spot bitcoin exchange-traded fund (ETF) products, stating that it constituted a “watershed moment” in the embrace of the financial services industry on Bitcoin-produced pollution. The organization believes that the endorsement of Blackrock, Fidelity, and other financial companies of a Bitcoin ETF should take them to play an active role in solving its carbon emission problems.
Robert Kiyosaki Raises Alarm on Ballooning National Debt — Urges Investors to Buy Bitcoin Rich Dad Poor Dad author Robert Kiyosaki has expressed concerns about the rapid rise in the U.S. national debt, which ballooned by a trillion dollars over a short period. The famous author then urged investors to buy bitcoin alongside gold and silver. Kiyosaki recently doubled down on his own advice and increased his personal bitcoin holdings. Other critics of the U.S. government’s fiscal policies have also raised the alarm about the increasing national debt, citing its potential to weaken both the U.S. economy and the U.S. dollar.
Binance and Coinbase Hold 11% of Crypto Economy’s Net Value, Leading in BTC and ETH Reserves.binance and coinbase is one of the biggest crypto company.