4 Minute Bitcoin Daily News

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Jack Mallers, the chief executive officer of the Bitcoin wallet company, Strike says that Bitcoin will impact the payments industry now that it is combined with one of the biggest internet networks.Sponsored by BitBlockBoom ,he great Bitcoin Conference in Austin, Texas - https://BitBlockBoom.com

US Senator Ted Cruz says that Bitcoin mining provides an opportunity to use energy that would otherwise be wasted and explained how Bitcoin mining could capture unproductive energy in the form of natural gas.He stated that 50% of the natural gas in the US that is flared, is being flared in West Texas and that is an enormous opportunity for Bitcoin because that energy is just being wasted.

Fundstrat Global Advisors’ managing partner Tom Lee believes that Tesla’s abrupt suspension of Bitcoin payments over possible environmental concerns could be a blessing in disguise for Bitcoin.

Members of the Texas House of Representatives passed a proposed piece of legislation which recognizes the use of Bitcoin in commercial transactions.

According to Michael Saylor the Proof of Work architecture is a masterpiece of engineering that provides Seven Layers of Security.

A car and driver branded with the Bitcoin logo will be racing against 32 other cars in this month’s Indianapolis 500.

Facebook CEO Mark Zuckerberg, recently shared a photo of his pet goats named Bitcoin, and Max.

Dan Held, head of growth at the Kraken exchange, says that a devastating bearish correction at the end of the current Bitcoin bull cycle may not be in the cards this time around.

Although the majority of Bitcoin mining is still based in China, there are signs it is beginning to shift elsewhere.

According to a report by CNBC, New Digital Investment Group has inked a partnership with Fidelity National Information Services, to provide a framework for United States banks to offer Bitcoin trading services to their customers.

Bitcoin has gained huge adoption over the past year, with leading companies such as Tesla and TIME magazine now accepting Bitcoin as payment for their goods and services and eBay could soon join the list.

MicroStrategy CEO Michael Saylor believes that Bitcoin ownership among US citizens is about to skyrocket to new heights over the next eight months.

On this episode I am going to try to explain the basics of the Bitcoin ledger system which is known as the Bitcoin blockchain.

In order to understand Bitcoin you must first understand what money is. So what is money? Everyone uses money. Everyone has some money, but what exactly is money?

The governing body of Louisiana has released a statement in which it acknowledged the various accomplishments of Bitcoin, praised Satoshi Nakamoto for the role he played in transforming the economy.

On April 13th, armed men broke into a home in the Western Canadian province of Alberta and stole private keys which is an uncommon practice.

Macro guru Raoul Pal is suggesting that a seven figure price tag on Bitcoin this bull run is not as unrealistic as investors might think.

The popular pseudonymous Bitcoin influencer DocumentingBTC compiled data from Bloomberg and the S&P and it shows 1,500 US banks boast a total market capitalization of $1.9 trillion, while Bitcoin alone is valued at $1.75 trillion.

Riot Blockchain is continuing its Bitcoin mining expansion efforts and eports suggest that the US based miner is set to purchase Whinstone US Inc.

Historically, April has been a strong month for Bitcoin throughout the past 10 years, recording positive gains for5 consecutive years since 2016.

Texas could be Bitcoin territory thanks to Bill 4474 introduced by Tan Parker, a member of the Texas House of Representatives, which  proposes to include the rights of buyers who obtain control of Bitcoin for the purposes of the Uniform Commercial Code.

Barstool Sports founder Dave Portnoy is considering investing in Bitcoin again and is taking to Twitter to share his revised stance on Bitcoin and express grief over selling Bitcoin at $11.000.

Earlier this month, Temasek, Singapore’s $306 billion sovereign wealth fund revealed that they had been investing in Bitcoin since 2018. Likewise, one of New Zealand’s major pension funds disclosed that its traditionally conservative retirement portfolio was now 5% Bitcoin and It’s likely that there are more to follow.

Francis Suarez the Mayor of Miami believes Bitcoin should be mined predominantly in the United States, and specifically in the city of Miami.

ARK chief executive Catherine Wood has predicted that the market cap of Bitcoin will increase tremendously in future, and revealed that the digital asset’s scarcity would be a key driver of its price.

Goldman Sachs, a major investment bank in the US, has recently filed a new prospectus with the Securities and Exchange Commission, or SEC.

Bitcoin rewards app, Lolli, has announced the close of its pre series A fundraising round after raising five million dollars.

After continuing to grow at a parabolic rate, the total number of non zero Bitcoin addresses hit an all time high of 36,896,000 on Friday according to data from on chain analytics site Glassnode.

Americans are receiving $1,400 checks following President Joe Biden signing a $1.9 trillion stimulus package into law. New polling suggests that much of these funds could end up in Bitcoin.

The United States IRS has clarified that Bitcoin investors who only purchased digital assets using fiat and did not sell during twenty twenty do not need to report said activities.

A new theory suggests that crypto expert and cypherpunk Len Sassaman could be the anonymous Bitcoin creator Satoshi Nakamoto

Financial advisor and podcast host Suze Orman is unveiling the reasons she loves Bitcoin in a new Yahoo! Finance interview.

At the moment, gold is trading at one thousand seven hundred nineteen dollars per oz, so thirty three ounces of gold would set you back fifty six thousand seven hundred twenty seven dollars. Bitcoin’s price at the same time, is over fifty seven thousand dollars.

I am working on several new projects and one of the newer projects I have put together is BitBlockBarbeque.

Crypto analyst and economist Alex Krüger says the world’s major central banks will inevitably go on to hold Bitcoin as a reserve asset.

Dan Held is explaining why he believes Bitcoin’s current bull run could be part of a supercycle that takes Bitcoin all the way to one million dollars.

One of the most unique things about the last stimulus check was seeing how many people bought Bitcoin with the exact amount of the stimulus checks.

The incoming Biden administration’s plan to flood the U.S. economy with trillions of dollars could ignite the next leg of the Bitcoin bull market, as more investors seek refuge from a crumbling US dollar.

Microstrategy chief executive Michael Saylor says 250 trillion dollars worth of assets are looking for an ideal store of value and Bitcoin is a prime candidate.

Keiser says he expects Bitcoin to surge nearly 550% from its current price of thirty four thousand dollars before this year expires and stated that he is going with $220,000 per Bitcoin as a 2021 target and that would bring us up to 4 trillion dollar market valuation.

Miami Mayor Francisco Suarez says he is open to exploring whether the city would benefit from allocating a part of its treasury reserves into Bitcoin.

NFL star Russell Okung will get half of his thirteen million dollar contract paid in Bitcoin. With this development, Okung becomes the first NFL star to receive his salary payments in Bitcoin.

Macro investor Raoul Pal says a wave of institutional investors are prepared to buy Bitcoin stating that just about every advisor he talks is set to enter the market.

Prominent Bitcoin analysts and finance veterans are making their Bitcoin price predictions for the new year, and are all over the place when it comes to their 2021 Bitcoin bets. Some believe the asset is on pace to reach the six figure mark, while critics say Bitcoin doesn’t stand a chance against regulatory hurdles.

Last week, Mogo, a Vancouver based FinTech company, announced that it would invest one and a half million dollars in Bitcoin.

Grayscale Investments has built a solid position to become the largest institutional player in the crypto space.This week, it recorded another milestone when its Bitcoin Trust added 12,000 Bitcoin.The company’s total Bitcoin holdings have now grown to $13.7 billion dollars.

MicroStrategy has added to its Bitcoin stash, with a purchase of 29,646 Bitcoin for a total of 650 million dollars, at an average of around $21,925 per Bitcoin

In Kraken’s 2021 Market Outlook Presentation, Pierre Rochard predicts 50% of the top 500 companies in the world will hold Bitcoin in their portfolios by the start of 2022.

Financial commentator Peter Schiff has refuted claims that companies have acquired Bitcoin at the expense of gold