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Turkey Inflation Data Shows Annual 70% CPI Increase, Bitcoin Fixes This

Data analyzed by the Turkish Statistical Institute shows hyperinflation reaching as high as 105% for transportation costs as the Lira continues to diminish.

Bitcoin Is Halfway To The Next Halving

The Bitcoin protocol was exactly in-between the past halving and the next as block number 735,000 was mined on Thursday.

California Governor Signs Executive Order Encouraging Bitcoin And Crypto Businesses

The governor of California signed an executive order to drive innovation for bitcoin and other cryptocurrency-based businesses with transparent regulation.

Bloomberg Intelligence Report: Bitcoin Is Becoming A Risk-Off Asset As Inflation Rises

In Bloomberg Intelligence’s latest report, bitcoin is separating itself from risk assets with increasing HODL behavior and historical patterns suggest a mild down-turn.

Bitcoin Miner Marathon Digital Eyes 199,000 Miners, Holds over 9,000 BTC

Marathon Digital Holdings announced its April 2022 mining production updates noting over 9,000 BTC held in reserves and plans for a total mining fleet of 199,000.

100,000 Cubans Are Using Bitcoin In Response To U.S. Sanctions

A report from NBC News states over 100,000 Cubans are using bitcoin and other cryptocurrencies to escape harsh conditions created by international sanctions.

Argentina’s Largest Private Bank Now Allows Users To Buy Bitcoin

Banco Galicia, the largest private bank in Argentina, is allowing its users to buy, sell, send and receive bitcoin on its mobile application.

Bitcoin Is ‘A Liquid Alternative To Cash’ Says Elon Musk’s Tesla

In a recent SEC filing, Tesla explained bitcoin’s liquidity use case while outlining its “long-term potential.”

Bitfarms Mined 405 Bitcoin In April, Now Holds 5,646 BTC

Bitfarms released a bitcoin mining update detailing a 75% YoY increase in production and the custodying of 99% of total mined BTC in April.

Synonym Launches Blocktank Service Provider For Bitcoin’s Lightning Network

The suite of open-source tools and services offered by Blocktank seeks to aid Lightning businesses provide a better experience for their customers.
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