When the halving occurs this weekend, it will be the most expensive ever. Bitcoin’s price has sextupled since the last halving and is up nearly 100X since the prior halving in 2016. The mining reward is widely anticipated to spike to all-time highs courtesy of the on-chain Runes launch as well as a new ‘Epic Sat’ worth at least seven figures USD....
Roger Stone, a former Donald Trump campaign adviser and self-described ‘Trump Loyalist’ who was previously convicted of felony counts of witness tampering, obstructing an official proceeding, and making false statements to Congress, has now endorsed the $TRUMP memecoin. In a tweet announcing the partnership, Stone claimed that the coin...
Blockchains nearly always rely on testnets, kept separate from the ‘mainnet,’ to ensure changes to client software can be introduced safely. Bitcoin has a testnet and this testnet has its own currency, tBTC Of course, tBTC and the entire Bitcoin testnet are supposed to be worthless. However, crypto’s embracing of degeneracy has transformed...
After releasing a letter-of-intent to ‘acquire’ 24,800 bitcoins, penny stock Nilam Resources saw the price of its shares rocket and its market cap tap nearly half a billion dollars before collapsing to almost zero once the former CEO and president (who also worked as an SEC compliance consultant) called the company a “classic pump and dump.” ...
A major crypto conference in Dubai has been thrown into chaos after devastating storms saw an estimated two years’ worth of rainfall hit the city in just 24 hours. For the past two days, TOKEN2049 attendees have flooded social media with alarming images and videos of waterlogged venues and submerged streets. But alongside these updates...
Michael Saylor has been dumping his personal exposure to bitcoin while at the same time endorsing taking on debt — even suggesting people mortgage their homes — to buy more. The MicroStrategy founder also taught classes to executives on how to leverage corporate assets and equities to buy the crypto. This month alone, Saylor has sold...
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