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Ordinal Inscriptions Fuel Accelerated Blockchain Growth

The Bitcoin blockchain is inching closer to half a terabyte, with only 40.49 gigabytes left to go. Thanks to the recent trend of ordinal inscriptions, the blockchain is expected to reach this milestone even faster. On February 12, 2023, the average block size peaked at 2.52 megabytes. However, it has since dropped to an average...
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El Salvador President Bitcoin

El Salvador To Buy Bitcoin Every Day

For a long time now, El Salvador have made the news in the crypto world for their commitment to incorporating Bitcoin into the legal tender of the country, and to that effect were buying up the tokens until a financial setback caused them to stop.  However, renewed focus on the project has led the government...
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Sam Bankman-Fried FTX crash

FTX Crash Leaves Crypto in Uncertain State 

The crypto market has always been a volatile place by nature, but there are certain events which push it across the boundary from being inherently unstable to very unstable, and recent events have created that shift once again. The recent failed acquisition of the FTX exchange has triggered a collapse of the platform entirely, with...
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Elon Musk holding Twitter logo by Bitcoin Bible

Bitcoin Enthusiasts Cheer On Elon’s Twitter Experiment!

It’s been a tough year for crypto-enthusiasts, who saw their net worth plummet during the spring and summer sell off. But Elon Musk’s takeover of Twitter has them smiling once again. In a recent tweet, Mr Musk said he didn’t buy the firm “to make more money. I did it to try to help humanity,...
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Kim Kardashian fined By SEC For Promoting Crypto On Instagram

Kim Kardashian Fined $1M By SEC For Touting Crypto On Instagram

Kim Kardashian has paid US regulators more than $1m to settle charges for failing to disclose that she was paid to promote a crypto asset in a post on her Instagram page. The reality TV star, social media influencer and entrepreneur, who is estimated to be worth $1.8bn (£1.6bn), has agreed to pay the Securities and Exchange...
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Bitcoin Bible META NFTs

Meta Allows Posting of Crypto Art (NFTs) On Instagram & Facebook

Thanks to Meta, users may now share their Ethereum and Polygon NFTs on Facebook and Instagram. The Flow and Solana blockchains’ digital collectibles, or NFTs, will also soon be able to be posted by users, according to an update from Mark Zuckerberg’s firm that was made public last week. Users of the IT behemoth may...
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Bitcoin Mining in Georgia

CleanSpark Acquires $33 Million Mining Facility in Georgia

A recent purchase by the crypto mining firm CleanSpark has seen a facility in Sandersville, Georgia be purchased for $33 million. The facility in question, formerly owned by Masson, is part of a deal that is expected to increase the hashrate of CleanSpark by some 1.4 exahashes per second (EH/s) in the coming months, driving...
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El Salvador Flag with Bitcoin

El Salvador Delays Bitcoin Bonds Until 2022 End

Almost one year ago, the country of El Salvador made Bitcoin a legal currency which could be used in everyday transactions in public settings. In doing so, El Salvador became the first country in the world to make cryptocurrency a legal tender. As part of this plan, they’ve been stockpiling Bitcoins for the last year....
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Man praying to Jesus and Bitcoin

Crypto Summary – September Looking Hopeful?

The crypto market has been in a state of volatility for quite some time now. On the 26th of August, Jerome Powell of the US Federal Reserve gave a speech at the Jackson Hole event, and it hit crypto hard. The total market cap on cryptocurrencies dropped below the $1 trillion mark for the first...
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people climbing a mountain holding Bitcoin and helping people up

Bitcoin Value Sinks as 71k Traders Liquidate

Following an address given by the United States federal chair, the value of Bitcoin has temporarily fallen. At the time of writing, the current price of Bitcoin is $20,193.85, and there are approximately $39 billion worth of trades that take place every day. However, it has seen a 4.6% drop when compared to the previous...
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