Bitcoin briefly surged to a nine-month high late on Tuesday, as prices moved above the $26,000 mark. Although prices have since declined, overall sentiment remains bullish following the latest U.S. inflation report. Consumer prices fell to 6% last month, with ethereum climbing above $1,700 as a result. Bitcoin Bitcoin (BTC)Continue Reading
A recent study that examined the interest of several countries in bitcoin and crypto ranked El Salvador as second for having the most interest in the issue. While the U.S. was still ranked first, El Salvador’s high rank comes amidst criticism President Nayib Bukele has drawn from Salvadorans for hisContinue Reading
Serhiy Tron, a former boxer, a persistent entrepreneur and the publisher of Bitcoin Magazine Ukraine, fights for stability in an unstable world. A version of this article was originally printed in the first issue of Bitcoin Magazine in Ukrainian, which can be purchased here. When Serhiy Tron was born inContinue Reading
Bitcoin Country seeks to generate world-class Bitcoin and Lightning engineers through a new program utilizing the university system. El Salvador’s Bitcoin Office has announced a new six month educational program entitled “CUBO+” that aims to produce elite-level Bitcoin and Lighting developers through the Salvadoran university system. According to the Office,Continue Reading
We may be heading into another financial crisis, government bailouts for reckless banks included. Bitcoin exists to fix this. This is an opinion editorial by Julian Liniger, the co-founder and CEO of Relai, a bitcoin-only investment app. ‘On The Brink Of Second Bailout For Banks’ At its core, Bitcoin isContinue Reading
Bitcoin mining company Luxor Technologies has launched an Antminer-compatible firmware designed to maximize miner efficiency. Luxor Technologies, a Bitcoin mining software and services company, has released LuxOS, the first third-party Antminer-compatible firmware fully designed and engineered in the United States. The press release sent to Bitcoin Magazine describes firmware asContinue Reading
What is the “top” for an immutable money that becomes the standard for humanity? Why it’s time to get off zero. This is an opinion editorial by Luke Broyles, a Bitcoin content creator. How much bitcoin does it take to get rich and fund your lifestyle? How little bitcoin doesContinue Reading
Billionaire Jeffrey Gundlach, aka the “Bond King,” expects the Federal Reserve to raise interest rates at its March meeting next week, which “would be the last increase,” he said. In addition, Gundlach cautioned: “The inflationary policy is back in play with the Federal Reserve.” Doubleline CEO Jeffrey Gundlach on FedContinue Reading
After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s Investors Service has downgraded the rating of the U.S. banking system from “stable” to “negative.” As one of the “Big Three” credit rating firms,Continue Reading
The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally, anonymous sources say the U.S.Continue Reading
