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MicroStrategy's Bitcoin Bet About To Surpass USD 1 Billion


MicroStrategy’s CEO Michael Saylor. Source: a screenshot, Youtube/Swan Signal - A Bitcoin Channel US-based business intelligence company MicroStrategy is looking to raise up to USD 460m in order to buy more bitcoin (BTC), which would increase the value of its BTC stash to over USD 1bn (at today's...

Power Substation Burns out as Abkhazia Bitcoin Mining Woes Worsen


Abkhazia’s crypto mining-related mayhem is hitting melting point – literally – with a power substation overheating and finally burning with legit and illegal miners alike refusing to slow down their efforts. As previously reported, anarchic scenes have become commonplace in the de facto South...

‘Silk Road’ Movie Acquired by Lionsgate to Premiere in February


The “Silk Road” movie has been acquired by Lionsgate and will soon be released in the U.S. The movie features Silk Road marketplace founder Ross Ulbricht and events leading to his arrest. Silk Road Movie Coming Soon An upcoming feature film titled “Silk Road” will...

Taproot, One Of Bitcoin's Biggest Upgrades May Be Coming Next Year


Taproot, one of the most anticipated Bitcoin (BTC) upgrades, and its largest alteration since 2017, expected to improve privacy, scalability, flexibility, and speed of the network - may be coming in a matter of months. Pierre Rochard, Bitcoin evangelist and strategist at crypto exchange Kraken...

Joe Biden Admin Will Ultimately Support Crypto - Circle CEO


Joe Biden and Kamala Harris, the vice president-elect. Source: A screenshot, Instagram/joebiden Jeremy Allaire, CEO and Co-Founder of US-based major crypto company Circle, claims that crypto is misunderstood in Washington, D.C., but he offered an optimistic take on how the incoming Joe Biden...

Travala in Crypto Transactions Boost, Bitcoin Outstrips Credit Card Sales


Travel booking website Travala said it is enjoying healthy growth, despite the coronavirus pandemic – and its recent decision to green-light crypto payments appears to be playing a very large part. Per data unveiled in a blog post, the firm said that its revenues grew to some USD 920,000...

Back to Bits – Bitcoin OG Says It’s Time to Say Sayonara to Satoshis


A leading cryptographer, the inventor of hashcash, which is used in the Bitcoin (BTC) mining process, says it is time to call time on satoshis, the units that make up a bitcoin. With BTC prices soaring sky-high in recent weeks, the CEO of the blockchain technology firm Blockstream, Adam Back,...

Market Watch by Fyookball: Price Is in a Tight Channel


BTC is often a good macro indicator for the entire crypto market, so this is a good place to start. Bitcoin (BTC) has recently surpassed its all-time high price just shy of $20,000, so it’s a unique time to zoom out and look at the weekly chart for the past several years. The last several...

Swiss Banks About To Get A New Crypto Gateway For Their Clients


The Swiss Stock Exchange (SIX) and its partners aim to launch a new service that would enable Swiss banks to offer access to digital assets for their customers in the first quarter of 2021. The Institutional Digital Asset Gateway, which is still subject to the appropriate regulatory approvals,...

Venezuela Paying Iranian, Turkish Companies in Bitcoin – Report


With crypto prices still sky-high, it appears that Venezuela’s ruling Nicolás Maduro administration has been looking to make hay while the sun shines – and is already starting to pay companies in Turkey and Iran in bitcoin (BTC), making use of a large state-owned stash of BTC and ethereum (ETH)...

Introducing SINOVATE: The Future of Decentralized Cloud Storage


PRESS RELEASE. Decentralized cloud data storage platform SINOVATE is developing its own in-house blockchain technology known as Deterministic Infinity Nodes (DIN). The potentially groundbreaking new tech works in unison with Incorruptible Data Storage (IDS) to create a new consensus system with...

Bitcoin and Altcoins Still Preparing For Next Break


This past week, there were mostly range moves in bitcoin price below the USD 19,500 resistance. BTC attempted an upside break, but there was no follow-up move above USD 19,650 and USD 19,800. The price is currently (05:00 UTC) consolidating in a contracting range and it seems to be preparing...

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