Bitcoiners – DIGIT INFO

US-Based Bitcoin Focused Startup Fedi Raises $17 Million in Series A Funding Round

DIGIT — Sat, 06 May 2023 08:19:55 +0000

Fedi, the U.S.-based fintech which is led by the Nigerian bitcoin advocate Obi Nwosu, said on May 3 that it recently raised $17 million in a Series A funding round. The company said it will use the funds to help it launch what it called the “world’s first federated operating system.” Obi Nwosu said the […]

Go to Source

Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies

DIGIT — Fri, 16 Sep 2022 20:30:55 +0000

Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. That has all changed and most of the miners transitioned or plan on transitioning to other Ethash compatible coins like ethereum classic, ERGO, and the new fork ETHW. Now Ethereum blocks are verified by validators […]

Go to Source

3 questions on financial literacy Bitcoiners flunk: Bank of Canada

DIGIT — Fri, 22 Apr 2022 02:05:48 +0000

“In particular, Canadians who were young, male, employed, had a university degree, high household income and relatively low financial literacy were more likely to own Bitcoin.”

Go to Source

Meaningless and weak: Debunking the ‘Bitcoiners are psychopaths’ study

DIGIT — Wed, 20 Apr 2022 23:04:56 +0000

An expert psychologist has said the way the results were gathered were “pretty much uninformative” and the connection between psychopathy and buying crypto was “very weak”.

Go to Source

Mid-Way Cool Down: Analysts Believe Bitcoin Price Cycle Is Incomplete, Trader Says BTC’s ‘Next Move Should Be Cycle’s Top’

DIGIT — Fri, 07 Jan 2022 15:30:49 +0000

The price of bitcoin is down 16% over the last 30 days and since the crypto asset’s all-time high (ATH) on November 10, 2021, bitcoin has lost more than 38% since it surpassed $69K per unit that day. Meanwhile, crypto advocates are furiously debating whether this is a bitcoin bear market or if the bull […]

Go to Source

’30for30′ Bitcoin Solidarity With El Salvador Trend Tries to Convince People to Buy $30 in BTC Tomorrow

DIGIT — Mon, 06 Sep 2021 17:30:01 +0000

It’s a big day for El Salvador this Tuesday, as the country’s new legal tender law will be enforced. A great number of bitcoin supporters have plans to purchase $30 worth of bitcoin to show support for the upcoming implementation of the bitcoin tender law. The $30 increment was conceived because Salvadoran president Nayib Bukele […]

Go to Source

Does Jack Dorsey Support Voluntaryism? Twitter CEO Shares Murray Rothbard’s Book ‘Anatomy of the State’

DIGIT — Sat, 14 Aug 2021 21:00:37 +0000

Ever since the CEO of Twitter and Square, Jack Dorsey, started appreciating the crypto asset bitcoin, crypto enthusiasts have been following his coattails. However, there are very mixed views about Dorsey because while some people adore him, others are skeptical of his goals as his firm has been accused of mass censorship. Then on August […]

Go to Source

Satoshi’s 21 Million Mystery: One-Millionth of the Bitcoin Supply Cap Is Now Worth $1 Million

DIGIT — Sun, 07 Mar 2021 20:41:28 +0000

On Sunday, March 7, 2021, the price per bitcoin jumped over the $50k handle once again, as the digital asset’s overall market capitalization is around $925 billion. One thing is for certain, there will never be more than 21 million bitcoin and today there’s roughly 18,647,525 bitcoin in circulation. Interestingly, anyone who owns 21 bitcoin […]

Go to Source

Hyperbitcoinization’s Small Minority: Economist Says Bitcoin’s Growing Success Will Lead to Perverse Consequences

DIGIT — Mon, 01 Mar 2021 18:30:45 +0000

Last Sunday, the price of bitcoin touched an all-time price high at $58,354 per unit and surpassed a $1 trillion market capitalization. Bitcoin’s value has dipped since then, but the decentralized crypto asset’s market still captures a large $900 billion valuation. On February 26, the director of the Economic and Social Research Council (ESRC) warned […]

Go to Source

Analyst: 1,500 Bitcoins Lost Every Day, Less Than 14 Million Coins Will Ever Circulate

DIGIT — Sat, 19 Sep 2020 14:04:51 +0000

A cryptocurrency analyst, Timothy Peterson claims that 1,500 bitcoins are lost each day meaning only 14 million BTC will ever circulate. The figure is at odds with the estimate of many organizations including Markets.bitcoin.com which place the figure at 18.5 million coins. Still, Peterson, who is the CAIA Manager at Cane Island Alternative Advisors, argues […]

The post Analyst: 1,500 Bitcoins Lost Every Day, Less Than 14 Million Coins Will Ever Circulate appeared first on Bitcoin News.

Go to Source