Author Archive for Umer

About Umer

Following Donald Trump’s re-election, Bitcoin’s price surged over $75,000, driven by optimism surrounding his pro-crypto promises, which could lead to significant regulatory changes benefiting digital assets. Trump’s proposed reforms, including firing SEC Chair Gary Gensler and establishing a National Bitcoin Reserve, have energized the crypto community, fostering expectations of a... read more →
The Trump presidency may advance the Bitcoin Act, positioning Bitcoin as a U.S. strategic reserve asset. A crypto-friendly stance under Trump could boost Bitcoin’s institutional adoption and public acceptance. With Donald Trump’s election to the presidency, big changes are predicted in the Bitcoin and crypto spaces. The government is expected... read more →
El Salvador has accumulated 722 Bitcoins since 2022, achieving gains through consistent daily purchases. Despite Bitcoin’s legal status, only 7.5% of Salvadorans use it for transactions. El Salvador’s investment in Bitcoin has proven to be a risky yet potentially profitable choice. According to Spot On Chain, the country currently boasts... read more →
The ColliderScript proposal allows for covenants in Bitcoin without a soft fork, enhancing its programmability and competitiveness with Ethereum. However, it raises concerns about spending restrictions and scalability, requiring further testing and refinement. A new research paper titled “ColliderScript: Covenants in Bitcoin via 160-bit hash collisions” explores an innovative approach... read more →
Bitcoin and Ethereum ETFs saw record-breaking inflows, showing strong institutional interest in crypto. BlackRock’s IBIT ETF reached an all-time high with $1.12 billion in one-day inflows. On November 7, the crypto market reached significant milestones in terms of institutional investing. Reaching a record-breaking $1.376 billion net inflow, Bitcoin spot ETFs... read more →
Bitcoin and gold are both rising as safe-haven assets amid inflation and economic uncertainty. Institutional interest in Bitcoin grows as ETFs see record-breaking inflows and younger investors favor digital assets. The concept of Bitcoin achieving a $1 million valuation may be unrealistic, but industry professionals like Adam Kobeissi and Anthony... read more →
Charles Hoskinson, co-founder of Cardano, has slammed Craig Wright’s massive $1.2 Trillion lawsuit against Bitcoin Core and Square. Craig Wright has recently disagreed with Michael Saylor’s alleged promotion of BTC as a system that functioned as a peer-to-peer electronic cash built on Satoshi Nakamoto’s vision. Charles Hoskinson, founder of Cardano... read more →