Author name: Peter

Bitstream White Paper Proposes Bitcoin Payments to Disrupt File Storage Economy

Introduction Robin Linus, the creator of BitVM, a computing construct built on the Bitcoin blockchain, has recently released a white paper titled "Bitstream." This paper presents a system that aims to revolutionize the economic structure of file storage by introducing a usage-based model that rewards server contributions with bitcoin payments. Overhauling Data Hosting with Bitstream […]

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Bitcoin Technical Analysis: BTC Navigates Tides of Low Volume and Market Swells

Bitcoin Price and Trading Volume Bitcoin's trading value on Sunday morning Eastern Time (ET) is slightly above $37,000 per unit, reaching a peak of $37,294 for the day. However, there has been a slight dip in BTC trading volume over the weekend compared to the previous weekday. The total trading volume in the crypto economy

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Bitcoin: Is it a ‘Stink Ball’ or ‘Exponential Gold’? Contrasting Views from Munger and Fidelity Director – Weekly Review

Charlie Munger Compares Bitcoin to a 'Stink Ball' Among Traditional Currencies Charlie Munger, the vice chairman of Berkshire Hathaway and Warren Buffett's right-hand man, has expressed his concerns about the rising price of bitcoin. According to Munger, the cryptocurrency is like a "stink ball" when compared to traditional currencies. He believes that by introducing an

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JPMorgan: US Crypto Regulations Unlikely to Ease Despite SEC Legal Defeats

JPMorgan's Analysis on the Unlikelihood of US Crypto Regulation Easing JPMorgan, a prominent global investment bank, has issued a warning to investors, stating that the regulations surrounding cryptocurrencies in the United States are unlikely to ease. This caution comes despite recent court defeats suffered by the Securities and Exchange Commission (SEC) in cases involving crypto

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Bithumb Considering Public Listing on Kosdaq in 2025: Insider Reports

Bithumb's Potential IPO Strategy to Surpass Upbit's Market Supremacy Bithumb, a prominent cryptocurrency exchange in South Korea, is reportedly considering a public listing on Kosdaq in 2025, according to local reports. Insider information suggests that the exchange is also contemplating a future transition to the Korea Exchange (KOSPI) platform. As per South Korean news outlet

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Moody’s Downgrades US Credit Rating to ‘Negative’ on Fiscal Deficits and Debt Concerns

Moody’s Revises US Credit Outlook to 'Negative' The credit agency Moody’s has downgraded the United States credit outlook from 'stable' to 'negative'. This decision comes as a result of concerns over persistent large fiscal deficits and diminishing debt affordability. Moody's revision follows a previous downgrade by Fitch and reflects ongoing apprehension among investors regarding federal

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Solana’s Rally Surges 184% in 30 Days as $19M in SOL Shorts Liquidate in 24 Hours

Solana (SOL) has been the talk of the crypto community this weekend, as its value against the U.S. dollar has experienced a remarkable surge. Within the past 24 hours, SOL has gained 11%, and over the course of the week, it has seen an impressive 45.2% increase, propelling it to become the sixth largest asset

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Rich Dad Poor Dad Author Robert Kiyosaki Reveals Why He Keeps Buying Bitcoin

Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, has opened up about his continued investments in gold, silver, and bitcoin. He emphasized that these three investment types offer lifelong financial security and freedom, attributing his decision to the desire for more war and poverty by world leaders. Kiyosaki has recently made

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