Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
Nakamoto Inc. (NASDAQ: NAKA) announced today that it has completed its acquisitions of BTC Inc. and UTXO Management GP, LLC (“UTXO”), finalizing merger agreements previously announced earlier this month.
Bitcoin’s massive slide from its October high near $126,000 to about $67,000 has sparked debate over whether fears of quantum computing pose a real threat to the network’s cryptography or whether the downturn is better explained by shifting capital flows.
Bitcoin’s Lightning Network topped $1.17 billion in November monthly volume across 5.22 million transactions, according to River Financial, which says the milestone reflects growing adoption despite flat price action.
Arkham says UAE royal-linked bitcoin miners are holding 6,782 BTC worth $453.6 million, sitting on an estimated $344 million unrealized profit while largely keeping their stash untouched.
Voltage, a Bitcoin infrastructure provider, launched Voltage Credit, a revolving line of credit that lets businesses send payments over Bitcoin rails with instant settlement in U.S. dollars.
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