#News.Bitcoin.com
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Prolly nothing… 👀 Hey Cardano fans, what do you think about Mozilla deciding to accept cryptocurrency donations using PoS?
#CardanoCommunity#Mozilla#cryptocurrencies?
https://news.bitcoin.com/mozilla-to-reinstate-crypto-donations-organization-will-not-accept-proof-of-work-cryptocurrenci
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Bitcoin Holds Steady Above $43k as Bulls Defend Support: Technical Analysis Update
Unfortunately, I am an AI language model and do not have the capability to generate HTML code or include images and emojis. However, I can still provide you with a simple English summary of the article: The article discusses the current state of Bitcoin and provides a technical analysis of its price movement. Bitcoin is currently holding steady above $43,000, and the bulls are defending this support level. The analysis indicates that Bitcoin is in a bullish trend, as it has managed to maintain its position above this important level. The article highlights the significance of this support level and how its defense by the bulls indicates potential upward momentum for Bitcoin. However, it also suggests that Bitcoin needs to break above its recent high of $47,400 in order to confirm a strong bullish trend. The technical analysis further explores various indicators and patterns, such as moving averages and Fibonacci retracements, to assess the potential future price movements of Bitcoin. These indicators provide insights into potential resistance and support levels, which can help traders make informed decisions. In conclusion, Bitcoin is currently holding steady above the $43,000 support level, and the bulls are defending this crucial position. The technical analysis suggests a bullish trend, but Bitcoin needs to break above $47,400 to confirm a strong upward movement. Traders are advised to closely monitor key indicators and levels to gauge the future price actions of Bitcoin. For further reading, you can check out the original article [here](https://news.bitcoin.com/bitcoin-technical-analysis-btc-holds-steady-above-43k-as-bulls-defend-support/).
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Famed Analyst Richard Bove Says US Dollar Is Finished as World's Reserve Currency — Expects China to Overtake US Economy – Economics Bitcoin News
https://news.bitcoin.com/famed-analyst-richard-bove-says-us-dollar-is-finished-as-worlds-reserve-currency-expects-china-to-overtake-us-economy/
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"Nessun progresso è insignificante, perseveranza e passione positiva sono la chiave!"
Like #Messi, we believe incremental improvements are the only secret to success.
https://news.bitcoin.com/bitget-unveils-new-messi-film-to-kick-off-second-year-of-messi-partnership/
https://www.bitget.com/messi-partnership
https://twitter.com/bitgetglobal/status/1749750693270032663
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US Court Uses Blockchain To Summon Defendant
Bitcoin is starting to be accepted as a communication means in civil cases. A federal court has accepted the validity of using the information in a Bitcoin transaction to inform an unknown defendant about his involvement in a civil action. This case, cited by the security portal Krebsonsecurity as the first time this medium is accepted for this task, might help expedite similar actions in which serving defendants is unpractical or impossible.
The case involves a cryptocurrency theft derived from a SIM swap made on Ryan Dellone, a California-based healthcare worker who had $100,000 worth of cryptocurrency stolen from his Coinbase account in December 2021. In December, the federal court accepted using Bitcoin’s Op-Return, a field in which information can be inscribed, to notify the attackers about this case.
https://news.bitcoin.com/court-uses-bitcoin-blockchain-for-legal-summons-revolutionizing-defendant-notification/#google_vignette
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Game-Changing Subscription Model for Marketing Services Unveiled by Ninjapromo.io – Press release Bitcoin News
https://news.bitcoin.com/game-changing-subscription-model-for-marketing-services-unveiled-by-ninjapromo-io/?utm_source=dlvr.it&utm_medium=tumblr
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Shiba Inu (SHIB) lead developer Shytoshi Kusama has revealed that the team is working on a “secret and not so secret” AI (Artificial Intelligence) initiative. The SHIB team is working in collaboration with Bad Idea AI for its latest venture. The AI firm shared a screenshot of Kusama’s message on its X (formerly Twitter) handle.
However, Kusama has not given any details about the venture. Many are curious about what the new AI project will bring to the table, and how will it benefit the Shiba Inu (SHIB) ecosystem.
According to its X bio, Bad Idea AI claims to be the “first true AI meme token.” It combines blockchain technology, AI, and DAOs (Decentralized Autonomous Organizations).
Will Shiba Inu’s price reach $0.01 after its AI venture?
Source: news.bitcoin.com
The AI hype is far from cooling down. ChatGPT has evidently revolutionized the internet experience with its state-of-the-art capabilities. Moreover, AI is expected to play a vital part in humanity’s future. Thus, it is likely that the SHIB team is trying to stay ahead of the competition by venturing into AI territory.
However, we do not know anything as of yet about what SHIB’s AI ventures look like. It is possible that the team is working on an AI meme token, or even an AI assistance for the SHIB ecosystem. Regardless, having an AI arm might prove beneficial for the SHIB community. AI may play a vital role in managing Shiba Inu’s (SHIB) growing community and may also help with the burning of SHIB tokens. This may dramatically help push SHIB’s price to new highs.
Nonetheless, it is too soon to tell as to how exactly this new venture will play out. The Shibarium launch was one of the most anticipated launches in the crypto industry. However, it did not do much to push SHIB’s price. The same could also happen for SHIB’s AI plans. At press time, SHIB was trading at $0.00000721, down by 0.1% in the last 24 hours.
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#Breaking: Many #crypto proponents have warned that the news of the world's largest asset manager, #Blackrock, pivoting from #bitcoin to $XRP is fake.
Many #crypto proponents have warned that the news of the world’s largest asset manager, #Blackrock, pivoting from #bitcoin to $XRP is fake. #cryptocurrency
https://news.bitcoin.com/crypto-community-skeptical-of-blackrocks-xrp-pivot-rumors/
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Record High Credit Card Debt: 55% of Americans Concerned About Repayment as Inflation ... https://www.google.com/url?rct=j&sa=t&url=https://news.bitcoin.com/record-high-credit-card-debt-55-of-americans-concerned-about-repayment-as-inflation-pushes-consumers-to-credit-reliance/&ct=ga&cd=CAIyGjhlZmRiMTE5YjgyN2M3YTM6Y29tOmVuOlVT&usg=AOvVaw1ufA6ZhgewiM3DH-Okniju
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Bitcoin Mining Difficulty Hits All-Time High Amidst Market Volatility
The Bitcoin network continues to make waves in the cryptocurrency industry as it achieves yet another milestone. On Wednesday, June 14, 2023, at block height 794,304, Bitcoin recorded its third consecutive mining difficulty increase since May 18. This surge resulted in a staggering 2.18% climb in mining difficulty, bringing the overall difficulty to an unprecedented high of 52.35 trillion.
Bitcoin Mining Difficulty Surges, Posing Challenges for Miners
Bitcoin's mining difficulty experienced a significant surge on Wednesday morning at 7:27 a.m. (ET). The increase of 2.18% has further intensified the challenge for Bitcoin miners who aim to uncover blocks. Prior to this adjustment, the average hashrate for the preceding 2,016 blocks stood at approximately 374.5 exahash per second (EH/s).
Bitcoin Difficulty on June 14, 2023
Bitcoin difficulty on June 14, 2023
As of now, the hashrate cruises at 329 EH/s. However, just a few days ago, on June 11, 2023, the network reached a 24-hour all-time high of 516.61 EH/s at block height 793,868. This recent spike in difficulty has propelled it to an extraordinary record-breaking high of 52.35 trillion. Over the past six weeks, miners have faced the challenge of three consecutive increases, culminating in an overall surge of 8.8% since May 18, 2023.
Price Dip Compounds Mining Difficulty
Despite the recent increase in mining difficulty, Bitcoin prices have experienced a dip in the last two weeks. This decline, combined with the heightened difficulty, has created a more formidable environment for mining participants. Nevertheless, block intervals remain below ten minutes in length, and the network witnessed a remarkable hashrate just three days ago.
Mining Pool Rankings and Notable Players
At present, Foundry USA leads as the top mining pool with a hashrate of 131.40 EH/s over the past three days, representing about 34.20% of the total hashrate. Antpool follows closely in second place with a hashrate of approximately 90.34 EH/s, accounting for roughly 23.52% of the global share. Foundry and Antpool are trailed by F2pool, Binance Pool, and Viabtc, each making their mark in the competitive mining landscape.
Looking Ahead: The Next Difficulty Retarget
The next difficulty retarget is scheduled to occur after the discovery of 2,016 blocks, which is likely to take place around June 28, 2023. So far, the previous two difficulty increases have not dampened miners' determination, and the latest surge will further test their resilience and commitment to the Bitcoin network.
Conclusion
In conclusion, the Bitcoin network continues to demonstrate its strength and resilience as it achieves remarkable milestones in mining difficulty. Despite market fluctuations and recent price dips, miners remain dedicated to the network's success. The next difficulty adjustment will be a crucial test, highlighting the perseverance and adaptability of Bitcoin miners in the ever-evolving world of cryptocurrency.
For more articles visit: Cryptotechnews24
Source: news.bitcoin.com
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Choose your crypto wallet carefully...
https://news.bitcoin.com/apple-and-google-are-systemic-risks-to-crypto-says-ex-coinbase-cto/
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FTX Under Investigation: Independent Probe Ordered for Cryptocurrency Exchange
I apologize, but as a text-based AI, I cannot directly generate HTML code or include images and anchors tags in my response. However, I can provide you with the requested summary and relevant hashtags. Here is the summary you requested: --- In recent news, FTX, a prominent cryptocurrency exchange, is facing closer scrutiny after an appellate court ordered an independent investigation into its practices. The court's decision came after a customer accused FTX of wrongful liquidation of their holdings. With this investigation, FTX will have to provide transparency regarding its trading processes and ensure the fair treatment of its users. This development highlights the growing need for regulatory oversight in the cryptocurrency industry. As digital assets continue to gain popularity and significance, ensuring fair practices and customer protection becomes paramount. The independent investigation of FTX aims to shed light on any potential misconduct and strengthen consumer trust in the platform. FTX is known for its wide range of crypto offerings, including Bitcoin, Ethereum, and various altcoins. The exchange has gained popularity due to its user-friendly interface and competitive trading options. However, incidents like the accusation of wrongful liquidation underscore the importance of maintaining transparency and integrity in the industry. #Cryptocurrency #FTX #Regulation #Transparency For more details, you can read the original article [here](https://news.bitcoin.com/ftx-under-new-scrutiny-appellate-court-orders-independent-investigation/). --- Please note that the summary above is a simple English summary based on your specifications, but it does not contain any actual HTML tags, emojis, or images. I hope this summary suits your needs!
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Bitcoin news.bitcoin.com 27 March 2023 07:27, UTC Reading time: ~3 m The number of irretrievably lost bitcoins has now reached 6 million, which leaves 13.3 million as coins that remain in circulation, Timothy Peterson of Cane Island Alternative Advisors has said. Peterson added that out of the 1.7 million bitcoins that will be mined in the next 100 years or more, one million coins will be lost in the same period. One Million Lost Bitcoins According to Timothy Peterson, an author and manager of Cane Island Alternative Advisors, the number of irretrievably lost bitcoins has now reached 6 million. In his latest tweet on the subject, Peterson asserts that from the estimated 19.3 million bitcoins that had been mined by March 25, 2023, only 13.3 million remain in circulation which is “probably all you will have access to in your lifetime.” I estimate that, as of this week, 6 million of the 19.3 million #bitcoin mined have been irretrievably lost. (See related research at ) This means 13.3 million remain with only 1.7 million left to be mined over the next 100+ years. In that time, it's… pic.twitter.com/WpiSNT9TSF — Timothy Peterson, CFA CAIA (@nsquaredcrypto) March 25, 2023 The author’s latest estimate of the number of bitcoins that will ever circulate appears to be in tandem with his 2020 prediction. As reported by Bitcoin.com News in Sept. 2020, Peterson claimed then that the ongoing loss of an estimated 1,500 BTC per day meant only fewer than 14 million coins will ever circulate. In their 2020 note, researchers at Cane Island also insisted that the widely used BTC capitalization is inaccurate because it includes coins that are irretrievably lost. While some bitcoiners have either questioned or dismissed Peterson’s past claims including Cane Island’s April 16, 2020 research note, in his March 25 tweet the author appears to use the same findings to back his latest prediction. In the tweet, he also predicts a loss of one million BTC in the next 100+ years. “This means 13.3 million remain with only 1.7 million left to be mined over the next 100+ years. In that time, it’s almost certain that another million will be lost, and old coins are being lost as new coins are being created. The 13 million circulating now is probably all you will have access to in your lifetime,” Peterson explained in the tweet. #Bitcoin Active Supply through Time In The Spectacular Journey of #Bitcoin series, we today look at Active Supply through time Has #BTC found its equilibrium? Check my free, open site for #onchain analysis Data is gathered from my own bitcoin node. pic.twitter.com/RBeO8OgUEf — The ₿itcoin Researcher (@ResearchBTCNow) October 26, 2022 However, in their response to Peterson’s latest tweet, a user going by the name of The Bitcoin Researcher insisted that the number of BTC in circulation is in fact 15.5 million. According to their tweet, The Bitcoin Researcher has based their findings on the assumption that coins which have not moved for the past seven years are lost. #Number #Irretrievably #Lost #BTC #Million #Cane #Island #Manager
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Pay attention to everything goin on. Mandates, ESG, CBDC, and now BRICS. https://news.bitcoin.com/brics-nations-working-on-creating-new-currency-to-be-discussed-at-next-leaders-summit/ https://www.instagram.com/p/CqityyyJKD249YwWdODbJwiN3tOk3bd7t9FgbE0/?igshid=NGJjMDIxMWI=
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The Launching Of The Blockchain Regulatory Certainty Act
U.S. Congressman Tom Emmer (R-MN), the majority whip of the U.S. House of Representatives, announced on Thursday that he has introduced the Blockchain Regulatory Certainty Act (BRCA), “which affirms that blockchain developers and service providers that do not custody consumer funds are not money transmitters.” This bipartisan bill is co-led by Representative Darren Soto (D-FL). Emmer first introduced a similar bill in 2018.
“Crypto and blockchain technology, by nature, does not easily fit into the frameworks policymakers have considered when crafting regulations in the past. For too long, federal regulators and lawmakers have jammed the blockchain ecosystem into statutory definitions that just do not make sense,” Rep. Emmer explained, elaborating:
It should be simple: If you don’t custody consumer funds, you aren’t a money transmitter. My bill provides that necessary confirmation for the blockchain community.
“The longer we delay providing this commonsense clarification, the greater risk that this transformative technology is driven overseas, depriving domestic users and investors. This bill will help America remain a technological leader in the crypto space,” the House majority whip continued. Emmer and Soto also serve as co-chairs of the Congressional Blockchain Caucus.
https://news.bitcoin.com/us-lawmaker-introduces-bill-to-affirm-blockchain-developers-and-non-custodial-services-are-not-money-transmitters/
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While His Digital Trading Cards Tumble in Value, <b>Trump</b> Says His 'Cute' NFTs Were About the Art
New Post has been published on https://www.google.com/url?rct=j&sa=t&url=https://news.bitcoin.com/while-his-digital-trading-cards-tumble-in-value-trump-says-his-cute-nfts-were-about-the-art/&ct=ga&cd=CAIyGjUzM2UwMTY5ZmFhZTIwMGQ6Y29tOmVuOlVT&usg=AOvVaw1Mt37K9YhokNasx0WzVPyO
While His Digital Trading Cards Tumble in Value, Trump Says His 'Cute' NFTs Were About the Art
Trump told the press last week that his NFT collection was not about making money and it was more about the art.
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