Oluwapelumi Adejumo

Oluwapelumi is a crypto enthusiast. He believes Bitcoin is the future, and that future is now.

Articles From This Author

Salt Bae is famous for sprinkling salt, those in the Bitcoin space are famous for sprinkling orange pills
Business

BitMEX, Human Rights Foundation Award $150,000 To Bitcoin Developer Calvin Kim

Payments - Bitcoin Accepted as Payment Option by Major US Electronics Company
Business

Major U.S. Convenience Store Chain Sheetz Now Accepts Bitcoin

The Hangzhou Internet Court ruled that bitcoin is considered legal property under the law in China.
Business

Sichuan To Probe Bitcoin Mining Energy Use

Mining - Exploring Illegal Mining Camps in Western China
Business

Iran Bans Bitcoin Mining Over Power Grid Concerns

Bitcoin is a superior choice to fiat, like the U.S. dollar, which some enthusiasts would burn if given the chance.
Business

Report: Ark Invest Buys Nearly $20 Million Worth Of Bitcoin

Mining machines, also called mining rigs or ASICs, are used by bitcoin miners to mine bitcoin.
Business

Compute North To Host 70,000 Marathon Bitcoin Miners At Texas Data Center

Cryptocurrency exchange OKCoin has pledged to donate up to 1,000 BTC to developers of Bitcoin, Bitcoin Cash and Bitcoin SV.
Business

University Of Pennsylvania Receives Anonymous $5 Million Bitcoin Donation

Payments - Study Predicts Bitcoin Could Become Leading Payment System Within Decade
Business

Citcon And Flexa Bring Bitcoin Payments To Global Retailer Network

Orange pills or "orange piling" are terms used for onboarding others into a Bitcoin standard.
Business

DBS Private Launches Asia's First Bank-Backed Bitcoin Trust Services

Arab Bank’s Swiss subsidiary, based in Zug, has announced it will now offer Bitcoin and Ethereum custody and brokerage services.
Business

Sat-Stacking Platform Bittr Relaunches

Bitcoin SV Creator Craig Wright has reportedly lost his latest legal battle, with the judge questioning his credibility.
Business

BitMEX Executives Trial Set For March 2022

Adoption & community - The Man Behind Bitcoin Pizza Day Is More Than a Meme: He’s a Mining Pioneer
Business

Papa John's Offering Free Bitcoin To U.K. Customers

Report: Bitcoin Negatively Correlated With Traditional Markets
Markets

State Street Launches Bitcoin Indicator To Quantify Media Sentiment

A lawsuit filed against Craig Wright will move forward after a judge rejected Wright’s motion to dismiss it.
Business

Turkish Government Requiring Exchanges To Report Bitcoin Trades Over $1,200

The New Civil Liberties Alliance (NCLA) filed a lawsuit on behalf of a Bitcoin investor whose private data was collected by the IRS without warrant.
Business

IRS Authorized To Summon Kraken For User Information

Salt Bae is famous for sprinkling salt, those in the Bitcoin space are famous for sprinkling orange pills
Business

Ten31 Announces Grants For Open Sats, Bitcoin Q+A

Why Proof of Reserves Is Important to Bitcoin
Business

Capitulating To Customer Demand, Revolut Will Allow Bitcoin Withdrawals

Regulation - Coinbase Renews Money Transmitter License in Wyoming
Business

Coinbase Adds PayPal As Payment Option For U.S. Users

Despite mixed developments, a lawmaker in India has confirmed that the country has no cryptocurrency ban.
Culture

Cricket Star Donates One BTC To Help India’s COVID-19 Fight

Opendime’s bitcoin piggy bank is a colorful way to help new users realize the benefits of sound money.
Business

U.S. Bank To Offer Cryptocurrency Custody, Administer NYDIG's Bitcoin ETF

Payments - Bitcoin Accepted as Payment Option by Major US Electronics Company
Business

Camping World To Accept Bitcoin Payments

After much deliberation, the Economic Commission of the Islamic Republic of Iran has submitted restrictions on energy costs for crypto miners.
Business

Bitfarms To Join Foundry USA Pool, Will Boost Mining Performance Up To 15%

Investing - Grayscale Reports $3.2 Million Average Weekly Investments in Bitcoin Trust
Markets

Grayscale Adds $283.3 Million In AUM To GBTC, Despite Its 13% Trading Discount

bull market bitcoin spring
Business

Baillie Gifford Invests $100 Million In Blockchain.com

Mining - Canadian Provinces Compete for Attention of Bitcoin Mining Businesses
Business

Canada’s DMG Blockchain Acquires 3,600 Bitcoin Mining ASICs

Major cryptocurrency exchange Binance has opened fiat deposits for Nigerians, using the naira in the exchange’s first-ever listed fiat trading pair.
Business

WeWork To Accept And Transact With Bitcoin

A source tied to China’s central bank has pushed back against reports about the country’s central bank digital currency.
Business

Bitcoin Mining Hash Rate Drops As Blackouts Instituted In China

Regulation - U.S. Bill Requiring Travelers to Declare Digital Currencies Resurfaces
Culture

U.S. Imposes Sanctions On Russia-Linked Bitcoin Addresses

Regulation - Innisfil Becomes First City in Canada to Accept Bitcoin for Municipal Taxes
Markets

First Bitcoin ETF In North America Reaches $1 Billion In Assets

Arab Bank’s Swiss subsidiary, based in Zug, has announced it will now offer Bitcoin and Ethereum custody and brokerage services.
Business

Major Swiss Insurer Now Accepts Bitcoin

bull market bitcoin spring
Markets

VanEck Launches ETF Offering Exposure To Bitcoin-Focused Companies

Startups - FastBitcoins.com Enables Cash-for-Bitcoin Exchange Via the Lightning Network
Markets

Jameson Lopp Highlights Bitcoin’s Market Cap In Comparison To National M1 Money Supplies

glitchy state capitol building
Culture

Republican House Leader Wants Regulators To Embrace Bitcoin

NVK, creator of bitcointreasuries.org, sees corporate bitcoin allocation as not just a good thing for these companies. It benefits every Bitcoiner.
Business

TIME Magazine To Hold Bitcoin

The Chinese bitcoin miner manufacturer Canaan is reportedly planning to conduct a U.S. IPO in November 2019.
Business

Bitcoin Miner Manufacturer Canaan Expects Major Growth In 2021

Galaxy Digital
Markets

Galaxy Digital Files For Bitcoin ETF, Joining Growing List

Investing - Kraken Advances U.K. Expansion With the Acquisition of Futures Platform
Business

Bitcoin Surge Has Kraken Considering Direct Listing

According to a report from cryptocurrency trading analysis firm SFOX, bitcoin emerged from 2019 with low volatility and as an uncorrelated macro asset.
Markets

Robinhood Saw Cryptocurrency Trading Spike To 9.5 Million Customers In Q1

Mining - Is Bitcoin Mining Finally Profitable for Miners in 2019?
Business

Riot Acquires Whinstone With Intent On Operating North America’s Largest Bitcoin Mining Facility

Op-ed - Op Ed: Bitcoin in Africa
Business

Caruso To Accept Rent In BTC, Allocate Portion Of Treasury To BTC

Representative Ted Budd has introduced a bill meant to reform the national tax code around cryptocurrency.
Business

Ukraine’s Civil Servants Report Owning $2.6 Billion Of Bitcoin

European Central Bank presidential nominee Christine Lagarde appears open to cryptocurrency and aware of its potential for social good.
Business

Goldman Sachs To Offer Clients Bitcoin Investment Vehicles

The news that PayPal is giving more than 300 million users access to bitcoin is bullish. But it’s not empowering them to truly control their funds.
Business

Bitcoin Gets Big Boost As PayPal Announces Cryptocurrency Checkout Service

Representative Ted Budd has introduced a bill meant to reform the national tax code around cryptocurrency.
Business

Kentucky Governor Signs Bitcoin Mining Incentive Bill Into Law

DTRH-surveillance
Culture

Russia Reportedly Plans To Track Bitcoin-To-Fiat Sales

VanEck and SolidX have withdrawn an SEC proposal for their latest attempt at a bitcoin ETF, setting this potential institutional on-ramp back again.
Markets

SkyBridge Capital Files For Bitcoin ETF

Regulation - Pakistan Introduces Crypto Regulation
Culture

Pakistan To Build Two Mining Farms As Government Looks To Participate In Bull Run Directly

Adoption & community - Simon Dixon Reflects on the 10th Anniversary of Bitcoin
Markets

Morgan Stanley Set To Offer Clients Access To Bitcoin Funds

Following the arrest of Crypto Capital President Ivan Manuel Molina Lee, Bitfinex issued a statement regarding their relationship and seized funds.
Business

BitMEX Founder Surrenders to U.S. Authorities

Crypto Mining
Business

Seetee Partners With Blockstream For Bitcoin Mining Development