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Busting Crypto Myths: “Bitcoin is Destroying the Environment”

Bitcoin’s appetite for energy needs little discussion. For years it’s been a top-of-mind topic for regulators, a major concern among critics, and a frequently...

Nearly All Cryptocurrencies To Be Regulated As Securities, Says CEO of NYSE’s Parent Company

The head of NYSE parent company Intercontinental Exchange Inc (ICE) reportedly says that the collapse of the FTX exchange will likely have an enduring...

Michael Saylor on Why Altcoins (Especially Ethereum) Are ‘Unregistered Securities’ and Should Be Shut Down by U.S. SEC

The latest comments about altcoins from Michael Saylor, Co-Founder and Executive Chairman at business intelligence software company MicroStrategy Inc. (Nasdaq: MSTR), makes U.S. SEC Chair...

VC Firm Partner: “’Crypto’ Industry Will Be Purged by a Successful Bitcoin Industry”

On Sunday (27 November 2022), Marty Bent, who is the Founder of media company TFTC as well as a partner in Bitcoin-focused venture capital...

Michael Saylor: ‘Bitcoin Must Be Understood As Something Outside This Crypto Industry’

On Tuesday (22 November 2022), Michael Saylor, Co-Founder and Executive Chairman at business intelligence software company MicroStrategy Inc. (Nasdaq: MSTR), made comments that suggested he...

Bitcoin steadies as gold hits $2K, US dollar strongest since May 2020

Surging commodities and a strong dollar add to stock traders' woes, with Goldman Sachs' former CEO wondering why crypto assets are not "having a moment."

Bitcoin network’s carbon emission jumped 17% after China ban: Report

The research report blamed the increase of Bitcoin’s carbon footprint on the China mining ban and claimed Chinese miners were more renewable-energy-focused.

Wars Create Inflation Making Bitcoin Compelling, Says MicroStrategy CEO

Michael Saylor Facebook

Bitcoin titan Michael Saylor has pointed out that wars create inflation, cripples commerce which makes the leading cryptocurrency Bitcoin (BTC) compelling. Wars Make Bitcoin Compelling: Michael Saylor The CEO of Microstrategy, Michael Saylor, has pointed out that wars create inflation and cripple commerce. This in turn makes Bitcoin (BTC) compelling as it serves as an alternative to hedge against inflation, according to him. Wars create inflation, cripple commerce, and make #bitcoin compelling. pic.twitter.com/YksI21FcXS — Michael Saylor⚡️ (@saylor) February 24, 2022 One of the common investments behind Bitcoin (BTC) is that it’s a great hedge against inflation. For instance, the number of Bitcoin (BTC) is limited to 21 million, while the number of U.S. dollars typically increases over time. With everything else being equal, if the supply of the U.S. dollar increases, the value of Bitcoin in dollars should also increase. This essentially means that the limited supply of Bitcoin is a good hedge against the increased supply of the U.S. dollar. Over $5M in BTC Raised to Support Ukrainian Army One of the largest non-governmental organizations (NGOs) providing support to Ukraine’s military, Come Back Alive, has received over $5 million in bitcoin donations after Russia launched a full-scale attack against Ukraine. At the time of writing, the wallet address has over 133 BTC. Founded in 2014, the Kyiv-based group provides support to Ukrainian soldiers, including a range of military equipment, training services, and medical supplies. At the same time, the country’s Ministry of Defence has also set up a designated bank account to accept donations for Ukrainian armies in fiat currencies.

The post Wars Create Inflation Making Bitcoin Compelling, Says MicroStrategy CEO appeared first on Cryptoknowmics-Crypto News and Media Platform.

Bitcoin’s Exchange Supply Hits Three-Year Low, BTC Crowd Sentiment Turns Positive

Earlier this week, the world’s largest cryptocurrency Bitcoin (BTC) made a brief move above $45,000. However, ever since the Federal Reserve announced the inflation numbers on Thursday, it has been moving sideways. Bitcoin has corrected over 7% from its weekly highs and is currently trading at $42,268 with a market cap of $801 billion. However,

The post Bitcoin’s Exchange Supply Hits Three-Year Low, BTC Crowd Sentiment Turns Positive appeared first on CoinGape.

At Scott’s Mining Conference, We Felt The Energy Of Bitcoin Mining

At Scott’s Mining Conference this week, attendees toured a bitcoin mining facility, heard from Michael Saylor and channeled the industry’s energy.

Fast Food Giant McDonald’s Crypto Tweet Attracts Widespread Market Attention

Fast Food Giant McDonald's Crypto Tweet Attracts Widespread Market Attention

Several noted that the Bitcoin chart resembled the company’s golden arch emblem. On February 5, Bitcoin hit a two-week high

The post has appeared first on thenewscrypto.com

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