Category Archives: News

Revolutionary Immigration Reform in El Salvador is Bitcoin-Friendly The Central American nation of El Salvador has recently made significant changes to its immigration policy, unlocking a speedy pathway for foreign donors contributing to the country’s socio-economic development programs to gain citizenship. Noteworthy, however, is the mode of contribution that El Salvador is welcoming- Bitcoin. ButContinue reading “El Salvador’s Law Accelerates Citizenship with Bitcoin Donations, Claims Report”

The Canadian-based Hive Digital Technologies Upscales Bitcoin Mining Capacity with Additional Bitmain Units In a bold move to ramp up its Bitcoin mining potential, Hive Digital Technologies, featured on the Nasdaq as HIVE, has recently revealed the incoming delivery of over 7,000 ASIC Bitcoin mining units from industry giant Bitmain. With deliveries scheduled to occurContinue reading “Hive Boosts Bitcoin Mining Capabilities with Addition of 7,000 Bitmain S21 Units”

Bitcoin vs Ethereum: Year 2023 in Review Throughout the last year, it has been observed that the premier digital currency, bitcoin, has fundamentally outperformed ethereum in numerous crucial aspects. Ethereum’s value has experienced a significant reduction of 27.65% in comparison to the price of bitcoin, going from 0.073 ether to the present level of 0.052Continue reading “Bitcoin Outperforms Ethereum in 2023: Leads in Market Cap, NFT Sales, and Revenue from Fees”

The digital currency market stormed ahead in 2023, swelling from a humble $827 billion at the close of 2022 to an overwhelming $1.736 trillion by year’s end. The explosion of the crypto economy witnessed several cryptocurrencies bolstering sizable growth, both in the top-tier and lower-ranking digital assets. 2023: A Roller Coaster Year in the CryptocurrencyContinue reading “Crypto Economy Skyrockets with $909 Billion Surge This Year – INJ and KAS Pioneering the 2023’s Massive Growth”

Unsuccessful Attempt by GHO Stablecoin to Attain Dollar Parity Attracts Negative Comments, Bluechip Marks It with a D- The GHO stablecoin, covered by this blog just a few weeks ago for its significant achievement of reaching a valuation of $0.98, unfortunately failed to sustain its level of success and fell to $0.975 per coin onContinue reading “Bluechip Awards D Grade to GHO Stablecoin Amid Failing Dollar Peg Enforcement and Rising Criticism”

Bitmap Theory and Its Rapid Advancement Witness the explosive growth of Bitmap Theory, an initiative launched just a few seasons ago, it aims to fuse a digital world, popularly known as metaverse, into the Bitcoin blockchain. Leveraging Ordinal inscription technology, Bitmap facilitates people to secure ownership over sectors of the Bitcoin blockchain. Currently, Bitmap celebratesContinue reading “Unstoppable Growth of Bitmap Theory: Lead Innovator in Bitcoin Metaverse Achieves $235 Million Valuation”

The Unforgettable Triumph of the Grimace Community: A Multimillion-Dollar Defeat for MEXC Just before bidding adieu to the year, Grimace’s developer initiated a remarkable event, presenting the followers with millions worth of gifts, entirely funded by MEXC Exchange. This came as a result of MEXC, a renowned platform, moving against the Grimace user-base and bypassingContinue reading “Successful Grimace Community: MEXC’s Surrender Worth Millions of Dollars”

Bitcoin-based NFTs Display Upward Trend: A Week with $425M in Sales There are significant movements in the non-fungible token (NFT) marketplace revolving around tokens minted on the Bitcoin blockchain. In the past seven days, Bitcoin NFTs have generated a remarkable $425.63 million in sales. With this, NFT collections tied to Bitcoin have been dominating theContinue reading “Bitcoin NFT Sales Soar to $425M This Week: Hot Collections Ensure Solid Base Prices”

Unprecedented Growth Takes Bitcoin Blockchain Beyond Half-Terabyte Mark The remarkable resilience of Bitcoin continues to make headlines as its network sets new records. One of the most notable achievements of the year has been the expansion of the Bitcoin blockchain which now stands at more than half a terabyte (500 GB+) in size. This growthContinue reading “Expanding Bitcoin Blockchain Exceeds Half-Terabyte as Transactions Skyrocket and Block Capacity Boosts”