Author: Kryptonews
The Bitcoin halving is a pre-programmed event that occurs approximately every four years, or after every 210,000 blocks are mined. Its primary function is to control the supply of new Bitcoin entering the market. This mechanism is core to Bitcoin’s scarcity model, differentiating it from traditional fiat currencies which can be printed at will by central banks. The halving reduces the reward miners receive for verifying transactions, effectively making Bitcoin harder to obtain. Understanding the Mechanism The current block reward started at 50 Bitcoins per block in 2009. The first halving in 2012 reduced this to 25 BTC, the second…
Today, the Executive Chairman and CEO of Strategy Michael Saylor commented on the company’s aggressive Bitcoin-based strategy in a recent interview at Bloomberg, emphasizing that Bitcoin is not going to zero, it is going to $1 million. “I think we’re in a digital gold rush and you’ve got ten years to acquire all your bitcoin before there’s no bitcoin left for you,” Saylor said. “The competition is a virtuous competition.” Saylor also said that Bitcoin is not going to have bear markets anymore and the price is going to $1 million per coin. “Winter is not coming back,” commented Sayor.…
Crypto adoption is accelerating under the Trump administration. The United States has emerged as a central force in shaping the crypto market, both from the standpoint of regulation and macroeconomics. The crypto market has begun moving along with US stock markets, reflecting growing institutional participation and sensitivity to macroeconomic conditions. In its latest report, HTX Ventures reviews the implementation of President Donald Trump’s crypto policies, current US dollar liquidity and its effect on the crypto markets.Find out more about the Trump-era policy executions and the crypto market growth catalysts, download the full report hereHow regulation is reshaping crypto market cyclesLegalization…
The Bitcoin blockchain, a revolutionary technology that ushered in the era of decentralized digital currency, is lauded for its security. However, like any complex system, it’s not impervious to vulnerabilities. Understanding these potential weaknesses is crucial for ensuring the longevity and stability of the Bitcoin network. This analysis explores common security vulnerabilities, their potential impact, and ongoing efforts to mitigate them.## Understanding the Foundation: Cryptography and ConsensusBitcoin’s security fundamentally relies on strong cryptography and a robust consensus mechanism. The cryptographic hashing algorithm SHA-256 is used for securing transactions and blocks, while Elliptic Curve Digital Signature Algorithm (ECDSA) authenticates transactions. The…
The Role of Government in Identity Verification: Balancing Security and Privacy Identity verification is a critical function of modern governance, playing a vital role in ensuring national security, preventing fraud, and delivering public services efficiently. Governments worldwide are increasingly relying on digital identity systems to verify citizens’ identities accurately and securely. However, the implementation of such systems raises important questions about privacy, data protection, and equitable access. Digital Identity Systems in Governance Digital identity systems are becoming the backbone of many government services, from welfare benefits and tax administration to border control and healthcare. These systems often combine biometric and…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3283.15, up 0.4% (+13.33) since 4 p.m. ET on Tuesday.Eight of 20 assets are trading higher.Leaders: AAVE (+2.8%) and BCH (+1.9%).Laggards: POL (-2.1%) and DOT (-1.1%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
Bitcoin and AI data center operator IREN plans to raise $450 million through a private sale of convertible senior notes, the company said in a press release.The notes, due in 2029, will be offered to qualified institutional buyers and could expand by another $50 million if initial purchasers take up an optional allotment.The unsecured notes will pay semiannual interest and can be converted into IREN’s ordinary shares under certain conditions. The company has the option to redeem the notes starting in mid-2028 if its stock trades at 30% above the conversion price for a set period.IREN said it intends to…
Connecticut lawmakers unanimously passed a bill prohibiting state and local government divisions from accepting cryptocurrency payments and holding crypto assets.The House Bill 7082, titled “An Act Concerning Various Revisions to the Money Transmission Statutes, State Payments and Investments in Virtual Currency […],” received bipartisan support and was signed into law on Tuesday.The bill document stipulates that “neither the state nor any political subdivision of the state” shall accept payments in cryptocurrency or purchase crypto assets.An excerpt from Connecticut’s House Bill 7082. Source: LegiScanThe legislation also prohibits the state of Connecticut from establishing a crypto asset reserve, making it one of…
The Dawn of Disruptive Innovation The modern era is defined by relentless technological progress, reshaping industries and redefining consumer expectations. At the heart of this transformation lies innovation, the driving force that propels businesses forward in an increasingly competitive landscape. Companies that fail to adapt risk obsolescence, while those embracing new ideas thrive. The future belongs to pioneers who marry creativity with pragmatism, fostering breakthroughs that redefine entire sectors. Artificial intelligence (AI), blockchain, and the Internet of Things (IoT) are just a few disruptors rewriting the playbook for global industries. The AI Revolution: From Automation to Augmentation AI is no…
Key takeaways:SOL futures open interest is up 12%, signaling strong institutional interest.Spot Solana ETF approval odds jump to 91% on Polymarket.A SOL price bull flag is in play on the weekly chart, targeting $335.Solana (SOL) price is up 4.3% over the last 24 hours to trade at $165 on Wednesday. This is still 43% below its all-time high of $294, reached on Jan. 19. However, several fundamental, onchain and technical metrics suggest that SOL could continue its ascent toward new all-time highs above $330.Solana open interest nears all-time highsSOL’s Wednesday price increase was accompanied by an uptick in leveraged positions,…
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