MicroStrategy pivots to Bitcoin development, flaunts $3.5 billion in unrealized profit MicroStrategy changes its focus to developing Bitcoin technologies and boasts about having $3.5 billion in unrealized profits.

MicroStrategy is rebranding into a Bitcoin development company to reflect the success it enjoys with the flagship digital asset. In a Feb. 12 CNBC interview, Michael Saylor, the company’s executive chairman, said: “MicroStrategy is now a Bitcoin development company, in the same way you would see a real estate or petroleum developer.” This move marks a
The post MicroStrategy pivots to Bitcoin development, flaunts $3.5 billion in unrealized profit appeared first on CryptoSlate.

Leia mais

Bitcoin miners to get instant non-custodial rewards via Lightning Network Bitcoin miners will now receive their rewards immediately and without the need for a custodian through the Lightning Network.

Enterprise Bitcoin mining pool company Titan Mining has announced Titan Lightning, intending to transform how Bitcoin miners receive rewards by empowering miners with near-instant access to their earnings. Using the Lightning Network, Titan Lightning facilitates direct on-chain disbursement of rewards to miners’ non-custodial wallets after every new block discovery on the Bitcoin network. This departs significantly
The post Bitcoin miners to get instant non-custodial rewards via Lightning Network appeared first on CryptoSlate.

Leia mais

Short term holders in profit sent record Bitcoin to exchanges on road to $50k Investors who have held Bitcoin for a short period of time and are currently making a profit are sending a significant amount of the cryptocurrency to exchanges, as the price of Bitcoin reaches a record high on its way to $50,000.

Quick Take On Feb. 12, Bitcoin’s value ascended above $50,000 for the first time since Dec. 2021, marking a nearly 20% increase over the past month. This surge was accompanied by robust inflows from the spot Bitcoin ETF, indicating a heightened investor interest. Notably, this rally has been reflected in significant profit transfers to exchanges,
The post Short term holders in profit sent record Bitcoin to exchanges on road to $50k appeared first on CryptoSlate.

Leia mais

A legal expert suggests that the Ripple vs SEC lawsuit could potentially end in a settlement. Ripple Vs SEC Lawsuit May Result In Settlement, Says Legal Expert

In a closely watched legal battle that carries significant consequences for the crypto market, the lawsuit between Ripple and the US Securities and Exchange Commission (SEC) could be resolved through a settlement.  Intriguingly, the outcome of the case may be influenced by the potential change in the US presidency, which could lead to a shift

Leia mais

Can you provide information about the Ethereum (ETH) Burn Address? What is the Ethereum (ETH) Burn Address?

Since it arrived in 2015, Ethereum has become one of the most popular digital assets and blockchains available.…

Leia mais

Will Shiba Inu be a lasting cryptocurrency in 2050 or just a temporary trend? Shiba Inu in 2050: Cryptocurrency of the Future or Passing Fad?

In August 2020, Shiba Inu burst onto the cryptocurrency scene as a playful alternative to Dogecoin (DOGE), featuring…

Leia mais