The decentralized finance (DeFi) landscape continues to evolve, and Bitcoin-centric solutions are gaining momentum. BTCFi is an emerging sector that transforms Bitcoin (BTC) from a passive store of value into an actively utilized asset in DeFi. A new report by Cointelegraph Research and Elastos delves into how Bitcoin’s security helps to create trustless, scalable financial ecosystems. Bitcoin’s expanding role in DeFi DeFi has traditionally been dominated by Ethereum, which accounts for over 50% of the sector’s total $175 billion total value locked (TVL). However, Bitcoin’s strong security and liquidity make…
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Voltage Aims To Bring Bitcoin’s Lightning Network To Every Business In The World
Founder: Graham Krizek Date Founded: October 2020 Location of Headquarters: Wichita, Kansas Number of Employees: 17 Website: https://www.voltage.cloud/ Public or Private? Private In 2012, soon after Graham Krizek discovered Bitcoin and subsequently began contributing to Bitcoin Core and building his own applications on Bitcoin, he noticed an issue that was hindering Bitcoin builders. “The problem that I saw was that everyone was building everything from scratch — over and over and over again,” Krizek told Bitcoin Magazine. “There was no cloud environment where you could just spin up Bitcoin infrastructure…
Read MoreFewer Transfers, Greater Debate: Bitcoin’s Low Transfer Volume Puts Network Incentives in Question
This weekend, proponents of bitcoin and digital asset enthusiasts have fixated on a striking development: the blockchain’s mempool—a holding zone for pending transactions—has nearly evaporated, while daily transfer volumes have plunged to notable lows. Though many proponents cheer this shift as a sign of operational efficiency, dissenters argue it signals troubling stagnation for the protocol’s […] Source link
Read MoreDonald Trump Acknowledges Bitcoin’s Popularity — Says BTC Has Taken on ‘a Life of Its Own’ and ‘I Can Live With It’
U.S. presidential candidate and former President Donald Trump has acknowledged the growing popularity of bitcoin, stating that “a lot of people are doing it” and the crypto has taken on “a life of its own.” Trump further shared: “More and more I’m seeing people wanting to pay bitcoin and you’re seeing something that’s interesting so […] Source link
Read MoreBitcoin’s Martin Luthers: How Ordinal Wizards Challenge The Religion Of Maximalism
This is an opinion editorial by Nathan Cryder, the COO of a renewable energy company and the founder of a bitcoin-focused holding company. It’s unlikely that Bitcoin’s mysterious, pseudonymous creator, Satoshi Nakamoto, knew just how many similarities Bitcoin would one day share with the world’s great religions when they first released their code to the public. That “genesis block” was mined on one of Nakamoto’s computers on January 3, 2009, a day now celebrated annually as one of the many Bitcoin “holidays” to commemorate the heritage of the world’s first…
Read MoreThe Arrival Of BlackRock: Bitcoin’s First Spot ETF
The article below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. The Arrival Of BlackRock As most readers are likely aware, ripples were sent through the bitcoin investment space with the announcement of a spot bitcoin ETF application from BlackRock, the world’s largest asset manager. The move from the $10 trillion asset manager stoked plenty of excitement and concerns alike from…
Read MoreHow Ordinal Inscriptions Will Drive Adoption Of Bitcoin’s Lightning Network
This is an opinion editorial by Jesse Shrader, the co-founder and CEO of Amboss, a Lightning Network explorer and analytics tool. For years, you could basically only do two things on the Bitcoin network: You could save BTC or you could spend it. Then, a late 2021 privacy upgrade had the unintended consequence of allowing data storage on the Bitcoin blockchain, resulting in NFT-like inscriptions and BRC-20 tokens, both applying Ordinal Theory for asset tracking. The popularity of NFT-like Ordinal inscriptions and the experimental BRC-20 token standard has driven up…
Read MoreBitcoin’s ‘Great Accumulation,’ Binance.US resumes withdrawals…
Top Stories This Week ‘The Great Accumulation’ of Bitcoin has begun, says Gemini’s Winklevoss Recently renewed optimism for an approved Bitcoin spot exchange-traded fund (ETF) is igniting “The Great Accumulation Race” for Bitcoin, according to industry pundits. Over the past week, Fidelity, Invesco, WisdomTree and Valkyrie have followed investment giant BlackRock in applying for a Bitcoin spot ETF with the United States Securities Exchange Commission, which some analysts believe is the reason for Bitcoin’s price surge in the past days. Binance.US solves USD withdrawal issues but warns it won’t last…
Read MoreCaitlin Long On Bitcoin’s Banking Future: ‘Policymakers Are Going To Get What They Fear’
If you’ve been in Bitcoin longer than a few minutes, then you’ve heard the phrase “be your own bank.” This, of course, is referring to the fact that Bitcoin is a peer-to-peer network, controlled by its users, not a central banking system. However, there is still space for banking in a Bitcoin world; though a variation from the system with which we are currently familiar. Caitlin Long has tirelessly fought for sound banking practices especially as it relates to the dangers of leverage in bitcoin. Her work has brought positive…
Read MoreFilmmaker Alana Mediavilla On Bitcoin’s Energy Consumption, Education And Closing The Gender Gap
It’s no secret that those who feel threatened by Bitcoin will attack it. Just a month ago, The New York Times published a malicious article on Bitcoin mining’s energy usage. Senator Elizabeth Warren from Massachusetts has repeatedly attacked Bitcoin from a variety of angles, going so far as to launch an “anti-crypto army” targeting Bitcoin as a hazard to consumers, all while misleading the public on the environmental impact of Bitcoin. These verbal assaults are not isolated and the examples above represent only a small piece of the uphill climb…
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