British Politician Nigel Farage Says Bitcoin Is the Ultimate Anti-Lockdown Investment

British politician and leader of the Brexit Party, Nigel Farage is lauding bitcoin branding it as the ultimate anti-lockdown investment. The controversial politician’s comments are drawn from one edition of his daily ‘Fortune & Freedom’ newsletter whose mission is to help “get your money and your destiny back in your hands.” Everyone Is Interested The newsletter is published by Southbank Investment Research whose mission is to “publish investment ideas that can change one’s life for the better.” Meanwhile, following the newsletter’s publication, Farage alongside Southbank’s Sam Volkering sat down for…

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Bitcoin’s Rise Causes Shortage of Mining Rigs, Most Units Sold Out, Miners Concerned About Supply

While the bitcoin economy has swelled in value, the overall network hashrate has gradually climbed higher as miners are making a lot of money confirming blocks. However, obtaining bitcoin mining rigs isn’t so easy these days, and regional reports from China indicate a great number of ASIC manufacturers are sold out for months. Moreover, because of the clear shortage, bitcoin mining rigs being sold on secondary markets have seen values increase by 30-40% per machine. Bitcoin Mining Rigs in China Sell Out, Miners Grow Worried About Future Supply Bitcoin mining…

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Volatile Bitcoin Not a True Store of Value Just Yet, Says Fidelity Digital Assets Head

Fidelity Digital Assets president Tom Jessop says that bitcoin is not a true store of value just yet because the digital asset is still too volatile, Reuters reported. However, investors are optimistic bitcoin will attain this status. “We use the word ‘potential store of value’ as bitcoin is still extremely volatile, and by any standard perhaps would not achieve the mantle of a true store of value,” Jessop told Reuters’ Global Investment Outlook Summit 2020 on Thursday. “But aspirationally it is, and that’s one of the reasons why so many…

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Research Suggests Bitcoin Buying Ramps Up When Traditional US Markets Open

While bitcoin and a number of digital assets set new 2020 price highs, a variety of crypto-asset commentators have detailed that since October, there’s been a lot of bitcoin buying action during U.S. market hours. Data shows that between East Asia and North America, the two regions account for close to half of all the bitcoin transfers this year. Recent research also highlights bitcoin buying during U.S. hours suggests that institutional buyers are dipping their feet into the crypto economy. Reuters Reports American Investors Are ‘Gobbling Up’ the Bitcoin Boom…

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Video: Mempools, Child Pays For Parent and Package Relay

Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of The Van Wirdum Sjorsnado, hosts Aaron van Wirdum and Sjors Provoost discussed Bitcoin mempools, Child Pays For Parent (CPFP) and package relay. Package relay is the project that Gloria Zhao will work on as part of her Brink fellowship, which was announced earlier this week, and would make the Lightning Network more robust (among other benefits). Mempools are the collections of unconfirmed transactions stored by nodes, from which they forward transactions to peers. Miners usually select the transactions from…

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Is Spotify Looking to Add Crypto as Payment Method? This Job Offer Suggests It

Music and podcast streaming service Spotify posted a job offer that woke up interest in the crypto community, as it’s related to supporting cryptocurrencies for payments on the music platform, potentially. Spotify Is Treading Crypto Waters With a New Job Listing According to the job listing published on the talent acquisition platform Lever, the company is looking for an “Associate Director, Payments Strategy & Innovation” who is expected to bring in new payment strategies. The description of the job role, based in their London offices, details: This role will report…

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The Battle For P2SH: The Untold Story Of The First Bitcoin War

“Push the date back two months. OP_EVAL just is not ready yet.” It was the verdict Gavin Andresen had worked so long to avoid. With a single rebuke sent from Russell O’Connor’s keyboard, a months-long effort to upgrade Bitcoin — the first in the wake of founder Satoshi Nakamoto’s exit — was abruptly stalled ahead of implementation.  As revealed by O’Connor, the proposed command — heralded by Andresen as the “fastest path” to more secure Bitcoin wallets — could be exploited to create transactions that would send the software into an infinite…

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Unbanked Hong Kong Chief Carrie Lam: “I Have Piles of Cash at Home”

Hong Kong Chief Executive Carrie Lam says she is currently unbanked and keeps piles of cash stashed at her home courtesy of US sanctions. Alongside 14 Chinese and Hong Kong officials, Lam has been slapped with punitive measures that effectively cut her off from the banking system. The US government announced the sanctions in response to the imposition of the national security law on the Hong Kong territory. Cash Salary The US government, through the Office of Foreign Asset Control, can effectively enforce its policy objectives on non-US entities via…

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Argo Reports 23% Monthly Revenue Increase, With 2,369 Bitcoin Mined Since January

Bitcoin miner Argo Blockchain reported Thursday that revenue climbed 23% to £1.48 million ($1.98 million) in November compared to £1.2 million ($1.6 million) the previous month. ● The London Stock Exchange-listed firm mined less bitcoin (BTC) in November (115 BTC) than it did in October (126 BTC) “due to changes in mining difficulty”, but bitcoin’s surging prices helped push revenue higher. ● The price of bitcoin soared more than 50% last month to a new all-time high of $19,864 reached on Nov. 30. ● Altogether, Argo has extracted a total…

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Streamix.io Launches High Yield APY DeFi Farming on ValueDeFi.io

PRESS RELEASE. Streamix.io, a crypto currency DeFi startup and social media platform for streaming and gaming, partnered with ValueDeFi.io, which allowed Streamix to be one of their first cryptocurrency projects to use their FaaS (Farming-as-a-Service) platform and drive more value. See and trade current MIXS spot price 24/7 or learn more: https://bit.ly/39nUUJo “Streamix is one of the first projects to use the FaaS platform and we’re very excited with the interest it has garnered in the crypto community. Our phenomenal growth in DeFi yield farming on ValueDeFi has surpassed our…

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