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US Supreme Court to Decide Whether Coinbase Can Force Users to Settle Disputes Through Arbitration

November 7, 2023 0

The U.S. Supreme Court has agreed to take up the Coinbase case concerning whether the crypto exchange can force users to settle disputes through private arbitration, rather than in court. The case stems from a dogecoin (DOGE) sweepstakes in which users accused Coinbase of false advertising.

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Bitcoin’s Transaction Backlog Swells With Latest Inscription Wave, Pushing Fees Up 4,000%

November 7, 2023 0

After a quiet period post-September 15, Bitcoin transaction backlogs are surging anew, with a noticeable resurgence of Ordinal inscriptions starting October 24. The number of pending bitcoin transactions in the mempool has surpassed 157,000, prompting a rise in high-priority transaction fees to $3.38. Bitcoin Sees Renewed Congestion, With Transaction Fees Hitting New Highs

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Decade of Resilience — A Look at 10 Pioneer Crypto Companies That Are Still Standing

November 7, 2023 0

Over 15 years have passed since Satoshi Nakamoto launched the crypto revolution with the release of the Bitcoin white paper. On the brink of January 3, 2024, the network celebrates a decade and a half of continuous activity. Though many companies folded in 2023, several of the original players remain in the game. This overview […]

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Cathie Wood Endorses Bitcoin ‘Hands Down’ Over Gold and Cash, Foresees Deflationary Economy

November 7, 2023 0

Cathie Wood, the founder and CEO of Ark Investment Management, has an optimistic outlook on bitcoin’s future and she recently shared her enthusiasm on Bloomberg’s “Merryn Talks Money” podcast. In the conversation, when presented with the choice between gold, cash, or bitcoin as a ten-year investment, Wood confidently declared her preference for bitcoin, saying it […]

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NASA’s Psyche Mission Could Challenge Gold’s Scarcity With $10 Quintillion Asteroid Haul

November 6, 2023 0

Statistical forecasts suggest that the final bitcoin is expected to be mined by the year 2140, over a century from now, with an estimated 1,465,093.73 BTC still awaiting discovery. This finite supply is set to render bitcoin exceedingly rare. Meanwhile, NASA, the independent agency for space research under the U.S. government, has outlined plans to […]

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The Simpsons Satirizes NFT Mania in Latest ‘Treehouse of Horror’ Episode

November 6, 2023 0

On Sunday’s anticipated Halloween special, The Simpsons unveiled its thirty-fourth “Treehouse of Horror” episode, showcasing Bart’s transformation into a non-fungible token (NFT) by Homer. In a twist of events, Marge rescues Bart from the blockchain’s abyss, only for Homer to willingly become an NFT, subsequently. ‘Wild Barts Can’t Be Token’ The latest “Treehouse of Horror

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Bitcoin Technical Analysis: Steady Above $35K as Indicators Signal Growth Potential

November 6, 2023 0

Bitcoin’s stability appears to be holding as the price consolidates around $35,140, showing a modest 24-hour trading range. Despite recent fluctuations, market sentiment remains cautiously optimistic, with key technical indicators providing a mixed but generally favorable perspective. The neutral readings on the RSI and Stochastic oscillators, alongside bullish signals

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Jurat Launches Layer-1 Mined by Attorneys

November 6, 2023 0

PRESS RELEASE. A group of attorneys and blockchain engineers are building a new Bitcoin fork blockchain using an emerging legal enforcement protocol that bridges the blockchain to state and federal courts. Called Jurat, the protocol enables capabilities like freezing disputed coins or recovering stolen coins after a hack, all under the auspices of the justice […]

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Bitcoin Mining Profitability Soars as 2023 Nears End: Daily Earnings Hit New Highs

November 6, 2023 0

As the year 2023 winds down with just 55 days remaining, bitcoin mining has surged in profitability, with a return of $76 in daily earnings for every petahash per second (PH/s) as of November 5. A mining device capable of 200 terahash per second (TH/s) with electricity expenses at $0.07 per kilowatt-hour (kWh) is poised […]

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Hong Kong Regulator Planning to Widen Purview of Virtual Assets Supervision

November 6, 2023 0

The Hong Kong Monetary Authority is reportedly planning to expand the purview of its supervision of virtual assets to include entities that issue stablecoins. The Hong Kong regulator said it also wants to create a framework that governs banks’ provision of virtual asset custody services. Hong Kong’s ‘Very Clear’ Rules The Hong Kong Monetary Authority […]