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Acquisition adds to NYDIG’s Bitcoin offerings for businesses and consumers NYDIG, a leading bitcoin company, announced today that it has acquired Bottlepay, the maker of a global, real-time bitcoin payments application. Financial terms were not disclosed. NYDIG previously invested in Bottlepay during the company’s seed funding round. Established in 2019, Bottlepay set out to solve what founder Pete Cheyne called “the greatest unsolved problem in finance.” By leveraging Bitcoin’s Lightning Network, Bottlepay has broken down barriers to...

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This year has been crucial for the future of the cryptocurrency and blockchain markets. Overall, the approach of financial institutions, businesses and even certain governments has significantly changed in recent years, as commercial payments are slowly warming up to the prospects of Bitcoin. One of the major reasons for this is that a Bitcoin payment is faster, cheaper, safer and less volatile than the local currencies in many countries. In addition, some of the problems...

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ASICWay ( www.ASICWAY.com ), an experienced manufacturer of crypto mining hardware, is now a favorite name amongst individuals interested in profitable crypto mining from the comforts of their home. The company’s recently launched products AW 1, AW 2 and AW Pro have initiated a new age in cryptocurrency mining, offering low heat and noise mining hardware that can be placed within limited spaces at home. Users can start earning profits immediately as the pre-configured mining rigs just...

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The price of Bitcoin was once again above the USD 50,000 mark after Bank of America Corp. strategists announced support for crypto as a new asset class. As reported by Bloomberg, with its latest rally, Bitcoin has broken through two key resistance levels and is now trading at the higher end of its two-month-long consolidation range, according to a report from Arcane Research. The coin hovered around USD 45,000 for a while before finally breaking out. That means the USD...

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Crypto payments to move mainstream as major retailers and SMBs alike can now accept crypto and get settlement in traditional currency BitPay, the world’s largest provider of bitcoin and cryptocurrency payment services, and Verifone, a global FinTech leader and payment solution provider to the world’s largest retail brands, today announce the extension of BitPay’s blockchain payment technology to enable consumer cryptocurrency payments on Verifone’s in-store and eCommerce Cloud Services platforms in the United States. The new...

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The Chinese government’s crackdown on cryptocurrencies is once again in the news. According to CNN, Chinese government agencies including the country’s securities regulator and the People’s Bank of China (PBOC) said in a statement on Friday that all cryptocurrency-related business activities are illegal and promised to punish illicit activities involving digital currencies. The first stages of the crackdown have already caused many crypto miners to leave China and set up operations elsewhere. In fact, Texas seems to be one of such desired...

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Cryptocurrency mining produced increasing revenue over the last several years, leading to 63 million U.S. dollars on a single day in 2021. Bitcoin mining is an investment, weighing the cost of energy and hardware against the expected returns. Mining pools, or groups of miners, tend to be located in regions where electricity is inexpensive. These miners also follow different virtual currencies, mining the cryptocurrency that they expect will have the highest return.  Cryptocurrencies are virtual commodities designed...

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BTC has rightly criticised for its inability to scale, its high transaction fees and its bad environmental record. All those issues are currently solved by Bitcoin SV. BSV Blockchain is the world’s largest public blockchain by all major utility metrics; data storage and daily transaction volume, scaling ability and average block size. Scaling (transactions per second): BTC: about 12 BSV Over 50,000 Transaction fees: BTC about $12 BSV 1/100th of a cent Environmental blockchain League table: Don’t...

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