The Bitcoin Difficulty has recently experienced its third consecutive rise, as indicated by on-chain data. This metric, which measures the level of complexity for Bitcoin miners, automatically adjusts every few weeks without human intervention. The latest adjustment resulted in a significant increase of over 6%, marking the largest jump out of the last three adjustments. The uptrend in Difficulty can be attributed to the escalating Hashrate, reflecting the growing computing power dedicated to th

Bernie Moreno, a pro-crypto Republican, has secured the Ohio Senate seat, defeating incumbent Democrat Sherrod Brown. The victory was confirmed by the Associated Press on Nov. 6. Moreno's win not only brings another pro-crypto voice to the Senate but also removes a prominent crypto-opposing figure who chaired the Senate Banking Committee. Despite being a political newcomer, Moreno received endorsements from various Republican figures, including Donald Trump. The Senate race between Brown and Mor

A decision by a US regulator to prevent an Amazon AI data center from accessing power from a nearby Pennsylvania plant could heighten the competition for power, affecting Bitcoin miners. The Federal Energy Regulatory Commission rejected a request for Talen Energy's Susquehanna nuclear plant to supply electricity to Amazon's data center. This ruling poses a challenge to the quick power supply route needed by data centers as AI advances rapidly. AI facilities are aggressively seeking power in prim

Donald Trump is predicted to win the presidential election on Nov. 5, with various sources confirming his victory after securing key swing states. The New York Times projects Trump to receive 306 electoral college votes, indicating a high chance of success. Trump's promises to the crypto community include firing SEC Chair Gensler, promoting Bitcoin mining in the US, and creating a strategic Bitcoin reserve. He also pledged to prevent the creation of a central bank digital currency. Despite high

United States citizens are casting their final votes in the 2024 election cycle to determine the future lawmakers in the House of Representatives, Senate, and presidency. The outcome, whether controlled by Democrats or Republicans, will significantly influence cryptocurrency and blockchain policies for years to come. Despite the slim Republican majority in the House in 2023, key bills like FIT21 and CBDC Anti-Surveillance State Act were passed. The upcoming elections will shape the leadership of

Australian entrepreneur Craig Wright aims to revolutionize Bitcoin by creating a global payment system using TerraNode. This system would enable BTC to be used in daily transactions, making it more appealing to investors and consumers. Wright's vision is to build an infrastructure that can handle any level of demand preemptively. He believes that TerraNode will allow Bitcoin to scale infinitely without constraints, providing growth that is accessible and affordable. Despite legal issues regardin

The inaugural Bitcoin-focused conference in Maribor, known as the 'Bitcoin Conference on the Sunny Side of the Alps', will feature top Bitcoin speakers and pioneers. NiceHash, a leading Bitcoin hashrate marketplace, is organizing this event in Slovenia, the birthplace of its co-founders Marko Kobal and Matjaž Škorjanc. The conference aims to educate and promote Bitcoin adoption in Europe, particularly in Slovenia, a country known for its Bitcoin-friendly environment. With over 1000 businesses ac

Semler Scientific announced plans to keep acquiring Bitcoin after adding $2.6 million worth of the cryptocurrency in the third quarter. The company's CEO, Doug Murphy-Chutorian, emphasized their focus on Bitcoin acquisition while supporting healthcare business growth. As of November 4, Semler held 1,058 BTC, purchased for $71 million. They bought 141 BTC for $8.4 million in Q3 and added 40 BTC for $2.6 million post-Q3. Despite a small gain, their Bitcoin holdings are now valued at nearly $72 mil

Microsoft faces potential legal action from shareholders if it decides against investing in Bitcoin and the price rises. The National Center for Public Policy Research is pushing for a vote in December to assess Bitcoin investment. The center warns that if Microsoft rejects the proposal and Bitcoin's value increases, shareholders may have grounds to sue. Despite Microsoft's board advising against the assessment, the dialogue with shareholders is seen as valuable. The research center points to Mi

Internet Computer's Chain Fusion protocol, known for its cross-chain messaging capabilities, has experienced a significant surge in usage, with a 1,230% year-over-year increase. This growth is primarily driven by Bitcoin-native applications such as Rainbow Protocol, Tap Protocol, and Bitfinity leveraging Internet Computer for deploying smart contracts on the Bitcoin network directly. Chain Fusion eliminates the need for trusted bridges, enabling seamless interaction between ICP and the Bitcoin n

EigenLayer, the largest restaking platform for Ethereum, is introducing new restaking choices, including wrapped Bitcoin (BTC) yield and payouts from node operator P2P.org. ARPA Network, a protocol operating on EigenLayer, will now reward uniBTC depositors, a restaked BTC wrapper, creating new liquidity pathways for BTC holders. Additionally, P2P.org, EigenLayer's primary professional validator, distributed $2.2 million in Ether (ETH) rewards to restakers. EigenLayer secures over $10 billion of

Pakistan is moving towards legalizing cryptocurrency through significant policy changes. The government plans to amend the State Bank of Pakistan (SBP) Act to grant the SBP authority to issue digital currency, regulate financial assets in both physical and digital forms, and oversee their custody. This shift reflects Pakistan's recognition of the importance of integrating digital currencies into the national financial system. The proposed amendments also empower the SBP to engage in central bank

Hong Kong-based OSL Group has made a significant move into the Japanese cryptocurrency market by purchasing an 81.38 percent stake in CoinBest, a crypto exchange regulated by Japan’s Financial Services Agency (FSA). The acquisition, to be carried out by OSL Group's Japanese subsidiary, marks a crucial step for the company as it aims to enhance its presence in the Asia Pacific region. With Japan expected to have 22 million active crypto accounts by 2023, OSL Group views this acquisition as a stra

SafePal has introduced a crypto wallet accessible via Telegram with integrated Visa card support, aiming to simplify cryptocurrency transactions and broaden its utility. The wallet seamlessly integrates into Telegram, allowing users to manage and transact cryptocurrencies directly within the app. Visa card support enables users to spend their crypto holdings on everyday purchases, bridging the gap between digital assets and traditional finance. SafePal's partnership with Telegram embeds wallet f

A recent study suggests that banning Bitcoin mining in countries with high renewable energy usage, like Canada, could lead to an increase in global carbon emissions. The research argues that such bans may push mining operations to countries reliant on fossil fuels, such as Kazakhstan and Russia. While banning mining in some regions could reduce emissions, it may have adverse effects in others. For instance, a ban in Kazakhstan could potentially decrease emissions by 7.6%. The study proposes alte

Tron Network founder Justin Sun and Sonic Labs co-founder Andre Cronje have challenged Coinbase CEO Brian Armstrong's claim of providing free asset listings. Sun revealed that Coinbase demanded 500 million TRX, equivalent to $80 million, for listing TRX, while Binance did not charge anything. Cronje supported Sun, stating that Coinbase requested listing fees ranging from $30 million to $300 million. Despite claims from Sun and Cronje, some community members defended Coinbase, citing instances wh

Deutsche Telekom, Europe's largest telecommunications provider, is entering the Bitcoin mining sector with a new project named 'Digital Monetary Photosynthesis.' The initiative aims to utilize surplus energy from renewable sources, in collaboration with Bankhaus Metzler. The mining rigs will be located in Backnang, Germany, managed by Metis Solutions. This move comes as Bitcoin celebrates its 16th anniversary, highlighting the growing global acceptance of blockchain technology. Beyond mining, De

A resident of Keystone, Colorado was recently scammed out of over $6,000 in Bitcoin by fraudsters posing as law enforcement officials. The scammers threatened arrest for missed jury duty and obtained sensitive personal information during the call. Despite an additional $4,000 transfer being in progress, deputies managed to intervene. Similar incidents have been reported across the state, including a case in Denver where a woman lost nearly $5,000 in Bitcoin. The scammers, impersonating police of

Coinbase has accused the US government of sabotaging the cryptocurrency industry by orchestrating a campaign against digital currencies. The exchange revealed that the US Federal Deposit Insurance Corporation (FDIC) has been using tactics to discourage financial institutions from participating in crypto-related activities. Coinbase's Chief Legal Officer, Paul Grewal, disclosed that the FDIC had sent letters to multiple financial entities, advising them to steer clear of cryptocurrency investment

Strive Asset Management, co-founded by investor Vivek Ramaswamy, has introduced a new wealth management sector focusing on integrating Bitcoin into investment portfolios. The goal is to offer clients 'true financial freedom' by safeguarding against long-term economic risks. The firm's emphasis on Bitcoin addresses global challenges like escalating debt, increasing fixed-income yields, persistent inflation, and geopolitical instability. By incorporating Bitcoin into standard portfolios, Strive ai