Bitcoin’s price gained momentum, indicating positive signs for the cryptocurrency. On June 3, Bitcoin witnessed a surge, increasing the odds for a much-anticipated price level of $30,000. This development has sparked excitement among traders and investors who have been eagerly waiting for a potential upswing in Bitcoin’s value. TC Ends Losing Streak After experiencing a four-day losing streak, Bitcoin finally ended on a positive note. On Friday, Bitcoin rose by 1.57% to end the day…
Binance, the world’s largest cryptocurrency exchange, has announced plans to implement the Lightning Network, a second-layer scaling solution for Bitcoin. The Lightning Network allows for faster and cheaper Bitcoin transactions by routing payments off the main Bitcoin blockchain. In a recent AMA, Binance CEO Changpeng Zhao (CZ) said that the exchange is working on implementing the Lightning Network and that it could be rolled out in the near future. CZ said that the Lightning Network…
In a significant move for the Bitcoin Lightning Network, Google Cloud has joined forces with Voltage, a leading provider of Lightning as a Service (LaaS). This collaboration aims to expedite the adoption of the Lightning Network among businesses and make Bitcoin a more accessible payment option for goods and services. Voltage’s Role in Lightning Network Adoption: Voltage has established itself as a trusted LaaS provider, offering a user-friendly platform that simplifies the setup and management…
In a significant development for the blockchain and digital art community, Ordinals Market and Bitcoin Miladys have announced their collaboration to introduce the BRC-721E standard. This new standard enables the seamless migration of Immutable, verifiable ERC-721 Non-Fungible Tokens (NFTs) to the Ordinals platform. With this integration, users can now enjoy enhanced features and increased functionality while maintaining the trust and security of their NFT assets. Ordinals Market and Bitcoin Miladys Collaborate to Establish BRC-721E Standard…
In an exciting move towards sustainable energy and eco-friendly practices, Tether has announced its investment in energy production and the launch of sustainable Bitcoin mining operations in Uruguay. This strategic collaboration with a local licensed company aims to leverage Uruguay’s impressive renewable energy capabilities, with 94% of electricity generation coming from renewable sources such as wind and solar power. Tether’s Sustainable Bitcoin Mining Operations Uruguay, a small South American country known for its commitment to…
The number of Bitcoin Ordinals Inscriptions has surpassed a significant milestone, reaching over 10 million. Bitcoin Ordinals Inscriptions Understanding Bitcoin Ordinals Inscriptions Bitcoin Ordinals Inscriptions are data embedded into a Bitcoin transaction’s witness data. These inscriptions provide additional information or metadata that can be associated with a specific transaction. It allows users to include various types of data, such as smart contract details, token transfers, and other relevant information within the Bitcoin network. This feature…
