January 16, 2025
Thailand cracks down on Polymarket and looks to approve spot Bitcoin ETFs.
While the government cracks down on Polymarket for alleged illicit gaming operations, Thailand's SEC is examining proposals for stablecoins and spot Bitcoin ETF listings. The Securities and Exchange Commission (SEC) of Thailand is thinking about permitting spot Bitcoin exchange-traded funds (ETFs) to list on regional markets for the first time. SEC Secretary-General Pornanong Budsaratragoon stated on January 14 that the agency is determining whether or not institutional and ordinary investors might trade spot Bitcoin ETFs worth $99,400 locally. According to Bloomberg, Pornanong stated, "Like it or not, we have to move along with more adoption of cryptocurrencies worldwide." "We must...
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November 14, 2024
Exploring Kaspa Mining: Innovative Technology, Challenges, and Opportunities
In recent years, interest in cryptocurrency mining has expanded far beyond Bitcoin and Ethereum, drawing attention to newer blockchains like Kaspa (KAS). Kaspa brings a unique approach to scalability and transaction speed, leveraging its innovative GHOSTDAG protocol. This article explores everything you need to know about Kaspa, including its technology, market challenges, and considerations for those interested in mining KAS with Goldshell miners. What is Kaspa? Kaspa is a decentralized blockchain network that prioritizes scalability and transaction speed using the GHOSTDAG (Greedy Heaviest Observed SubTree Directed Acyclic Graph) protocol. Unlike traditional blockchain structures that rely on a single chain of...
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November 04, 2024
Craig Wright Unveils TerraNode: A Bold Scaling Plan to Transform Bitcoin into a Global Payment System
Craig Wright reveals TerraNode: a bold scaling strategy to turn Bitcoin into a worldwide payment system. Aiming to turn Bitcoin from a speculative asset into a useful, worldwide payment system, Australian computer scientist Craig Wright—who controversially claims to be its inventor—has presented a transforming vision for the currency. Based on a scaling solution known as TerraNode, Wright's approach aims to improve Bitcoin's value as a payment tool available to everyone, particularly in underdeveloped areas. Wright said this measure will solve present constraints on Bitcoin, including high fees and limited transaction capacity, and open the path for Bitcoin to become a...
November 04, 2024
3 Key US Economic Events Set to Drive Bitcoin Sentiment This Week: How Trump’s Election Lead Could Influence Crypto Markets
Bitcoin (BTC) and the larger crypto market confront a defining moment as the U.S. presidential contest and significant economic events play out this week. From jobless claims to the Federal Reserve's interest rate choices, these elements will have major effects on the path of Bitcoin. Some investors are hoping for a positive conclusion for the crypto market since former President Donald Trump is leading narrowly against Kamala Harris in the polls. Here is a detailed analysis of these future economic factors together with their implications for Bitcoin and the whole crypto scene.1. The U.S. Presidential Election 2024: Lead of Trump...
November 04, 2024
Developers Are Leaving the United States and Europe for Asia: A Global Shift in Blockchain Talent
The scene of blockchain development has changed drastically in recent years as developers migrate from established tech centers in the United States and Europe to newly developing powerhouses in Asia. Driven by legislative reforms, financial incentives, and Asia's proactive attitude to embrace new technology, this migration reflects a larger trend in the worldwide distribution of blockchain talent. From 45% in 2015 to 23% in 2024, North America's portion of the crypto developer market has dropped, citing Electric Capital's most recent analysis. By comparison, Asia's market share today leads the world, commanding just under 35%, a significant rise from overtaking Europe...
October 29, 2024
Bitcoin's Corporate Future: Microsoft’s Potential ETF Investment and VanEck’s Bold $3 Million Price Prediction
Microsoft might invest in Bitcoin through spot ETFs.Microsoft investing in Bitcoin is now possible. Microsoft will decide whether to invest in Bitcoin in December, according to a new SEC filing seen by MacroScope. On the surface, the board's advice to shareholders to vote against the investment seems easy. However, its rationale is more complex. Microsoft's board comment that management "carefully considers this topic" hints that the software giant is considering Bitcoin options. Microsoft may be hesitant to retain Bitcoin directly on its balance sheet due to its complexity and hazards. Microsoft may be more cautious than MicroStrategy, which has fully...
October 29, 2024
Tether Denies Allegations of U.S. Government Investigation Amid Ongoing Scrutiny
A WSJ report stating that Tether, one of the top stablecoin issuers in the cryptocurrency industry, is under federal investigation has put the company back in the spotlight. According to last week's story, unnamed sources say Manhattan federal prosecutors are investigating Tether for AML violations and illegal use of its USDT stablecoin. Tether adamantly denies these charges. Tether Denies Allegations Tether quickly denied the WSJ claim, accusing it of dangerous journalism. Tether's spokeswoman said, "WSJ's outrageous assertions are grossly irresponsible when no authorities have confirmed them and no sources are mentioned. Even though Tether denies any such inquiries of the...
October 21, 2024
Solana: A Third-Generation Blockchain in the Spotlight
Few blockchains can match its ultra-fast transaction speeds and scalability, Solana has positioned itself as one of the most fascinating contenders to Ethereum. As the market for distributed apps (dApps) is growing, Solana's concepts have attracted a lot of interest in the crypto industry. Meanwhile, new platforms like Kaspa annd Alephium are also gaining popularity because to their unique features which some believe improve them above Solana. Let us examine this parallel to understand Solana's viewpoint as well as what Kaspa and Alephium provide. Solana: Costly, fast, scalable, ambitious? Solana appeals in managing tens of thousands of transactions per second...
October 21, 2024
Bitcoin Set to Ensure 100% Holder Profitability as Price Eyes $78,000
As Bitcoin's (BTC) recent comeback approaches its former all-time high, investors' hope is being sparked once more. With BTC prices currently close to $70,000, on-chain data indicates that the coin's positive momentum could soon propel it further higher, so perhaps reaching a new objective of $78,000. As the digital asset keeps gaining momentum, this surge has positioned 95% of Bitcoin holders in a profitable situation, a major turning point. Still, what is causing this spike and how sustainable is it? Examining the current rally in Bitcoin: momentum and profitability Bitcoin's price has jumped 10% over the last seven days,...
