Tag Archives: Lightning Network

Crypto exchange Coinbase may finally adopt the Bitcoin Lightning Network after a nudge from the former Twitter CEO. The Lightning Network may, thus, be at the receiving end of some traction.

Binance breaks free from network congestion by embracing Lightning Network, while Bitcoin’s value tumbles. Thus, raising alarms amid a bearish trend.

Bitcoin, the largest cryptocurrency holds on to two main catalysts for support. Mainly the mining activity and transactional requirements via the Lightning network. But it seems like the former took a major hit while the latter continues to aid the network reach new heights. Here’s the analogy  Bitcoin miners have experienced a trap in theContinue reading “Bitcoin short-term investors should know this before exiting”

Bitcoin, the largest cryptocurrency has continued to counter the selling pressure. The king coin witnessed heavy liquidations or outflows but managed to stay afloat above the $22k level. Well, mainly thanks to whales for their undeterred HODLing behavior, and of course, buying the dip at a ‘discounted’ price. Whaling-in Bitcoin dominant buyers (whales) have maintainedContinue reading “BTC investors should read these ‘whaling’ signs before taking profit”

Bitcoin might be the coin that defined the crypto industry as we know it today, but the Bitcoin Lightning Network could be the solution that brings Bitcoin micro-payments to those outside the crypto sector. But with multiple market crashes since early December 2021, what is the state of the Lightning Network (LN), really? Shock andContinue reading “BTC Lightning Network April 2022 stat invokes the aid of bulls”

Lightning Labs’ Taro has caught the attention of many Bitcoin enthusiasts for the potential it has and what Lightning Labs are selling, stating Taro will help in Bitcoin-izing the dollar since Bitcoin will be used as liquidity on the network. Now, although it sounds wonderful, the question is, can they actually pull it off? Moreover,Continue reading “Will Lighting Lab’s dream to make dollar backed by Bitcoin’s liquidity come true”

You might have heard a lot of Ethereum users complaining about fees, but what about Bitcoiners? It’s probably a rare occurrence, and according to a new report, might become even more of an anomaly in the future. Here’s why. Bitcoin giving out discounts A report by the Head of Firmwide Research at Galaxy Digital, Alex Thorn, stated thatContinue reading “Report: Bitcoin fees at ‘all-time lows’ but here’s why it’s important this time”

Growing imbalances in Argentina’s economy will likely propel the country’s inflation rate above 60% in 2022. Different prominent researchers have quoted the same concern. “We are heading into a scenario in which inflation rises above 60%,” Sebastian Galiani, an economics professor at the University of Maryland stated. Galiani, a former economic policy state secretary underContinue reading “Can crypto-enabled Strike give Argentinians relief amid soaring hyperinflation”

Adoption of the Lightning Network, which launched in 2018, has risen at a comparatively faster pace in 2021. Lightning Network introduces greater scalability to the Bitcoin ecosystem, ergo, enabling more commerce-based use cases. Not so surprisingly, the number of nodes on the network grew by 68% last year, according to data by Bitcoin Visuals. RisingContinue reading “Chainalysis to offer compliance solution for Lightning Network transactions”

In early November, investment expert and business show host Anthony Pompliano asked which American politician would be the first to take their salary in Bitcoin. In response, the Mayor of Miami city, Francis Suarez, expressed his willingness and asked for help. Several industry stakeholders, such as Coinbase’s Brian Armstrong and the Strike company offered theirContinue reading “Miami Mayor, Strike’s Jack Mallers discuss their take on Bitcoin as inflationary hedge”

Bitcoin – While some consider it a store of value, others consider it the future of finance. Hyperbitcoinization is the point where Bitcoin actually becomes the default currency system of the world. And, while there are some who believe in the natural process, there are others who are doing their best to make it happenContinue reading “What you should know about Tether’s LN plan to bring hyperbitcoinization”

One can’t deny that a lot of hopes are riding on the Bitcoin Lightning Network. Some influencers in the field have gone so far as to predict the second layer technology could put traditional payment giants out of business, or impact inflation itself. During an episode of the Unconfirmed (Unchained) podcast, Ryan Gentry, business developmentContinue reading “Why Lightning Network has a ‘lot of zeros to add’ in terms of volume”