Tag: Bitcoin

Proof of Work vs. Proof of Stake: What’s Better?

The blockchain world revolves around consensus mechanisms that validate transactions. Bitcoin and Algorand process transactions differently through their unique validation systems. These systems determine how quickly transactions complete and the environmental impact of cryptocurrencies. Consider sending crypto to a friend. Your transaction must be validated before reaching its destination. However, not all blockchains handle this process the same way. Bitcoin…

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Can Bitcoin survive without the internet? Everything You Should Know

Imagine a world without the internet: no emails, no apps, no digital payments. For Bitcoin, this scenario poses a critical question. Could the cryptocurrency endure if the web vanished? Experts suggest its survival hinges on decentralised networks and creative workarounds. Would Bitcoin Survive an Apocalypse? Bitcoin’s network thrives on 16,000+ global nodes, acting as digital ledgers. If a solar flare…

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Bitcoin Braces For 70% Drop As April Tariff Deadline Looms

Crypto markets are bracing for potential chaos as Bitcoin faces a 70% chance of another price drop, fuelled by fears of U.S. trade policy shifts. Analysts warn April’s tariff deadlines could trigger fresh volatility, echoing March’s correction. Investors now watch Washington closely, fearing a repeat of last month’s sell-off. Why Tariffs Could Trigger Bitcoin’s Next Price Plunge The looming threat…

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GameStop Bets Big on Bitcoin with $1.3 Billion Debt Move

In a bold financial pivot, GameStop has announced plans to raise $1.3 billion through convertible debt, aiming to funnel proceeds into Bitcoin purchases. The video game retailer, once synonymous with meme stock mania, revealed its Bitcoin treasury strategy just 24 hours before launching this debt offering. Shares swung wildly post-announcement, while Bitcoin prices rebounded from earlier losses. Why convertible debt?…

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Gamestop Set To Invest In Bitcoin, Following In Michael Saylor’s Strategy

GameStop stunned investors Tuesday by announcing plans to add bitcoin to its balance sheet. The video game retailer revealed its board unanimously approved the shift, signalling a dramatic pivot under CEO Ryan Cohen. Shares surged 6% post-announcement, while bitcoin edged up 0.2% to $88,500. The decision follows weeks of speculation after Cohen hinted at crypto ambitions, including a cryptic social…

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Pakistan Explores Using Excess Energy for Bitcoin Mining: Here’s What You Need to Know.

Pakistan’s newly formed Crypto Council has sparked intrigue with a proposal that could reshape its economic future. Behind closed doors, policymakers and tech leaders debated an unexpected solution to two pressing challenges: energy waste and financial innovation. Harnessing Surplus Power Pakistan’s electricity grid frequently produces excess energy, much of which goes unused due to ageing infrastructure or low demand. Bilal…

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Michael Saylor’s Strategy Raises $711M to Buy More Bitcoin after STRF perpetual Offering

In a bold financial move, tech giant Strategy (MSTR) has ignited speculation with a massive $711 million capital raise. While details remain under wraps, insiders hint the move ties directly to its aggressive cryptocurrency strategy. The announcement comes as Bitcoin hovers near $84,000, with their massive Bitcoin holdings set to reach 500K. Why Strategy Doubled Down on Bitcoin The company’s…

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Bitcoin Remains Flat Despite Record $108 Trillion Liquidity; What’s Going On?

The global financial landscape faces a curious paradox. The world money supply has swelled to $108.2 trillion, yet Bitcoin remains stubbornly range-bound around $82,300, down nearly 25% from January peaks. This disconnect between liquidity and cryptocurrency performance has investors wondering why Bitcoin isn’t soaring. Market Turbulence and Fed Uncertainty Financial markets have entered heightened volatility even after Federal Reserve decisions.…

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Crypto Comeback? Bitcoin Eyes $90K Surge as Fed Signals Ease Inflation Fears

The cryptocurrency market is in anticipation as Bitcoin nears the edge of a potential rebound. Analysts hint at a potential price move toward $90,000. It is expected that this move will be fuelled by shifting economic winds and pivotal Federal Reserve decisions. With inflation anxieties cooling, investors await clarity and opportunity amid a volatile landscape. Fed’s Policy Bitcoin’s recent slump,…

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Bitcoin Whale Risks $368M on 40x Short Bet Ahead of Fed Rate Meeting

As Bitcoin wobbles near critical levels, a crypto whale’s audacious bet fuels speculation and volatility in the lead-up to pivotal macroeconomic events. Who Are the Key Players?   A mysterious Bitcoin whale has seized attention by opening a $368 million leveraged short position, betting heavily on BTC’s decline. Using 40x leverage, the investor borrowed funds to amplify potential gains or losses…

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Michael Saylor’s Strategy Resumes Bitcoin Buying with $21B Stock Offering

Michael Saylor’s Strategy (NASDAQ: MSTR) reignited its Bitcoin acquisition strategy Monday, launching a $21 billion at-the-market (ATM) preferred stock offering. The Series A shares (STRK) will fund additional Bitcoin purchases, potentially pushing its holdings beyond 500,000 BTC. The announcement follows a two-week pause in buying, signaling renewed confidence despite market turbulence. The move positions Strategy to further dominate as Bitcoin’s…

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Bitcoin Plunges Below $80000 as Crypto Market Face Relentless Sell-Off

Bitcoin crumbled below $80,000 on Monday, sinking to $77,396, its lowest price since November 2023. The drop followed a 3.8% 24-hour decline, erasing gains from a brief rally to $84,000 earlier in the day. Ethereum briefly dipped under $1,800, down more than 10%, as panic spread across crypto markets. Analysts linked the plunge to fading investor confidence amid macroeconomic uncertainty…

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