How to Get Paid in Bitcoin

Bitcoin has transformed the financial landscape with its unique approach to sending and receiving value. While it once stood on the fringes of the financial world, Bitcoin has now become a respected and sought-after payment method for many. But, how to get paid in Bitcoin?

As a decentralized digital currency, Bitcoin has no central bank or single administrator overseeing its operation. Instead, transactions are recorded on a public ledger called the blockchain, which is verified by a network of computers globally.

Read More: https://bitcoinversed.com/how-to-get-paid-in-bitcoin/

Bitcoin Halving in 2024 Predicted to Propel Efficient Mining Costs to $30K

As Bitcoin miners brace for the upcoming halving next year, analytics firm Glassnode warns of potentially “severe” economic ramifications should BTC prices persist below the $30,000 mark.

The revelation emerged in the latest edition of Glassnode’s weekly newsletter, where the firm projected fresh hurdles for miners following Bitcoin’s subsequent block subsidy halving.

The Bitcoin mining landscape is witnessing a surge in competition, characterized by an all-time high hash rate. According to Glassnode, such conditions are unprecedented for miners striving to maintain profitability at the prevailing BTC price levels.

Read More

Bloomberg Analyst Predicts Financial Evolution as Bitcoin Challenges Bonds’ Dominance

Bloomberg Intelligence, Jamie Coutts, has offered insightful musings on the relationship of Bonds and Bitcoin in the coming years.

Coutts speculates, quite intriguingly, that bonds may be gently stepping off their pedestal, while Bitcoin confidently steps up, carving its niche as a formidable hedge against debasement.

Could we be witnessing a rejuvenation of traditional portfolio models, with Bitcoin taking the limelight? Read More

How Many Bitcoins Does Satoshi Have?

Bitcoin stands at the forefront of a financial revolution, its foundations rooted in a 2008 whitepaper authored by the enigmatic Satoshi Nakamoto. In the early days, Satoshi not only launched Bitcoin but also mined the initial blocks to help the network gain traction.

Characterized by its decentralized, peer-to-peer architecture, Bitcoin has effectively eliminated the need for intermediaries, thereby pioneering a transformative approach to transactions. However, the aura of mystery enveloping its creator—or possibly creators—adds a compelling layer of intrigue to the narrative. Read more

What is Fedimint?

What is Fediminint? In simple terms, it’s a community-driven technology enabling more private and decentralized use of Bitcoin. It’s like a secure and private wallet, but run by a community, not a big company.

Fedimint originated from the desire to make Bitcoin transactions even more private and controlled by the community. The main goal? To empower user communities, enhance transaction privacy, and give more control to the individual user. It’s all about decentralization and community power!

At its core, Fedimint operates through a federated structure, bringing together different user groups or “federations.” Users deposit Bitcoin, receive eCash Notes, and the guardians of the system ensure the funds are safe. Read More

Human Rights Foundation Funds 15 Global Bitcoin Projects with Over $500,000

In a noteworthy announcement made earlier today, The Human Rights Foundation (HRF) has revealed its latest set of philanthropic initiatives under their Bitcoin Development Fund.

Comprising 15 grants, these initiatives are geared towards fostering global education, strengthening Bitcoin Core development, enhancing lightning-related DLCs, promoting ecash, and extending financial support to developers from authoritarian regimes.

Read More

MicroStrategy Purchases Additional 5,445 BTC for Near on $150 Million

Software development firm MicroStrategy (NASDAQ: MSTR) has disclosed in a recent regulatory filing that it has acquired an additional 5,445 bitcoins (BTC) for approximately $147.3 million in cash.

The acquisition took place over the period of August 1, 2023, and September 24, 2023. The company stated in the filing, “MicroStrategy, together with its subsidiaries, acquired approximately 5,445 bitcoins for approximately $147.3 million in cash, at an average price of approximately $27,053 per bitcoin, inclusive of fees and expenses.”

Read More

What Does Bitcoin Look Like?

What does Bitcoin look like? Firstly, Bitcoin emerged in 2008 as a groundbreaking innovation by the enigmatic Satoshi Nakamoto, who could be an individual or a group of people.

This digital currency was invented to address several fundamental issues inherent in modern financial systems, serving as a decentralized medium of exchange. Its discovery marked the dawn of a new era in finance, introducing a form of money that operates independently of traditional banking and governmental structures.

The question “What does Bitcoin look like?” has been increasingly prevalent the more time goes on, mirroring the explosion of interest and widespread adoption of Bitcoin. Its significance is underscored by its growing role in various transactions, investments, and as a store of value, challenging conventional norms and shaping discussions around currency and value. Read More

Bitcoin Resilient Amid Market Challenges: Maintaining Value Against a Faltering Stock Market

Bitcoin has showcased notable resilience in the face of declining macroeconomic conditions, demonstrating strength relative to the stock market.

Despite the Federal Reserve’s commitment to maintaining elevated interest rates exerting pressure across markets, Bitcoin stands firm, particularly when juxtaposed with the U.S. Dollar Index (DXY) and stock markets. Read More

Grayscale’s Spot Bitcoin ETF Conversion Expected Sooner Rather Than Later

Grayscale’s Bitcoin Trust (GBTC) is standing on the precipice of a pivotal transformation, poised to redefine the dynamics of Bitcoin investment. The buzz surrounding the conversion of GBTC to a Spot Bitcoin ETF is reaching fever pitch, with the financial community keenly awaiting a decision that could potentially usher in a new era for digital assets.

Insiders are speculating that approval from the Securities and Exchange Commission (SEC) might be on the horizon, marking a significant milestone in the journey of Grayscale and Bitcoin market at large. Read More

River Financial: The Bitcoin-Only Option for Long-Term Investors

River Financial is a standout in the Bitcoin market, offering specialized Bitcoin-only services tailored for long term investors. From custom Bitcoin brokerage and secure custody solutions to its innovative mining offerings, River promises a world-class client experience.

Along with the likes of Swan Bitcoin, River Financial has firmly established its unique position within the Bitcoin landscape, recently securing $35m in Series B funding spearheaded by Kingsway Capital and Peter Thiel.

Behind its success stands its founder and CEO, Alex Leishman, a software engineer and Bitcoiner whose expertise aligns with the interests of individuals and institutions looking for a streamlined approach to Bitcoin investing. Read More

Swan Bitcoin: The On-Ramp for Acquiring Bitcoin

As Bitcoin (BTC) continues to gain traction, more platforms step into the limelight to serve the needs of individuals and institutions alike. In this context, Swan Bitcoin stands out as one of the leading Bitcoin-only institutions.

Established as a leading platform, Swan Bitcoin offers a suite of services tailored to simplify and enhance the Bitcoin acquisition and management experience for users in the US. It boasts many features that have made it a preferred choice for many in the Bitcoin community. Read More

Michael Saylor: Wall Street is Coming for Your Bitcoin

As the Bitcoin halving looms closer, MicroStrategy’s CEO Michael Saylor paints a vivid picture of Wall Street’s impending foray into the Bitcoin space. In a recent discussion at Die Bitcoin Konferenz in Innsbruck, Saylor articulated the pivotal events and shifts expected to shape the future of Bitcoin investments, highlighting three primary aspects:

The forthcoming Bitcoin halving, the anticipated introduction of a Bitcoin Spot ETF, and the changes in FASBs’ fair value accounting. Read More

What is Rootstock (RSK)?

What is Rootstock on Bitcoin? Commonly known as RSK, it’s a layer-two protocol on Bitcoin, similar in concept to the Lightning Network. It’s designed to expand the capabilities of Bitcoin beyond its primary use case.

At its core, Bitcoin records and verifies digital transactions. What if, on top of recording these transactions, Bitcoin could also execute actions automatically based on specific pre-defined conditions? That’s the essence of “smart contracts.”

Read More

BitGo and Swan Announce Plans for America’s first Bitcoin-Only Trust Company

Both BitGo and Swan announced today they plan to launch a US-based Bitcoin-only trust company. The collaborative endeavor is awaiting regulatory green light, but once approved it will act as a trust company, handling Bitcoin custody, oversight, and stewardship for its beneficiaries.

No Altcoins Welcome: A Bitcoin Purist’s Dream

Cory Klippsten, the mind steering Swan, provides a perspective we’ve sorely lacked, Read More

Bitcoin’s Bearish Strides Contradicts New Address Activity Boom

It seems like Bitcoin is presenting a paradoxical tale, as its price paints a seemingly bearish picture, whereas a concurrent spike in new address registrations offers a contradictory narrative of enduring appeal and optimism.

What could it mean for the Bitcoin price going forward?

Read More...

Franklin Templeton Joins Spot Bitcoin ETF Race

In a significant move signaling growing institutional interest in Bitcoin, Franklin Templeton, the $1.5 trillion asset manager, has thrown its hat into the Bitcoin spot ETF race, positioning itself alongside industry giants Fidelity and BlackRock.

Franklin Templeton’s entrance into this competitive arena, according to an S-1 filing submitted to the Securities and Exchange Commission (SEC), places it at the forefront of financial institutions seeking to provide the public with easy access to Bitcoin investments. Read More