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Arnold Potts

Founder and Lead Editor of Coinfiend. Arnold loves all things blockchain.

El Salvador Doubles Down on Bitcoin: A Bold Move Towards Financial Transformation

March 25, 2024 by Arnold Potts

El Salvador Doubles Down on Bitcoin: President Nayib Bukele Announces Daily Bitcoin Purchases El Salvador’s commitment to cryptocurrency, particularly bitcoin (BTC), has reached new heights with President Nayib Bukele’s recent announcement of the country’s plan to buy one bitcoin every day. This …

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Japan’s Government Pension Fund Considers Diversifying into Bitcoin: Implications for the Crypto Market

March 24, 2024 by Arnold Potts

Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund managing over $1.5 trillion in assets, has made waves in the financial world with its announcement that it will explore diversifying a portion of its portfolio into Bitcoin. This move marks …

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French Energy Giant EDF Subsidiary Becomes Chiliz Blockchain Validator

March 24, 2024 by Arnold Potts

French energy giant EDF’s subsidiary, Exaion, has recently made a significant move in the blockchain space by becoming a validator on the Chiliz Chain. This partnership aims to leverage Exaion’s expertise in energy and technology to enhance the network that hosts fan …

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Relai Partners with Blockstream and Breez to Bring Lightning Network to European Bitcoin Users

March 24, 2024 by Arnold Potts

Relai, a Swiss-based Bitcoin app known for its self-custody wallet, has recently announced a groundbreaking partnership with Blockstream and Breez to integrate the Lightning Network into its platform. This collaboration is set to benefit over 100,000 European users, as stated in a …

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The Rise of Ordinals: How NFTs Are Impacting Bitcoin Mining Economics

March 23, 2024 by Arnold Potts

space was not as scarce as critics feared However, as more inscriptions flooded the network, transaction fees began to rise, reaching multiyear highs. Critics argue that these inscriptions are frivolous and unnecessary, taking up valuable block space that could be used for …

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Japan’s State Pension Fund Explores Bitcoin for Portfolio Diversification

March 21, 2024 by Arnold Potts

Japan’s state pension fund, the Government Pension Investment Fund (GPIF), is considering exploring bitcoin as a potential portfolio diversification tool. With $1.4 trillion in assets under management, the GPIF is the world’s largest pension fund and is seeking information on bitcoin and …

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Bitcoin Virtual Machine to Launch Truly Open AI Platform for Crypto Applications

March 21, 2024 by Arnold Potts

Bitcoin Virtual Machine (BVM) is set to revolutionize the world of cryptocurrency with the upcoming release of Truly Open AI, a platform that will allow users to deploy artificial intelligence (AI) models on the blockchain for use in crypto applications. This groundbreaking …

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Slerf: The Sloth-Themed Meme Coin on Solana Network Raises $10 Million in Presale Despite Developer’s Mistake

March 21, 2024 by Arnold Potts

Slerf, a sloth-themed meme coin on the Solana network, has made headlines after raising $10 million in a presale and quickly gaining popularity, despite a major mishap by the developer. The launch of SLERF comes at a time when developers are raising …

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Indonesia’s Crypto Market Surges with 19 Million Investors and $1.92 Billion in Transactions in February

March 20, 2024 by Arnold Potts

The crypto market in Indonesia has experienced a significant surge in activity, with the number of crypto investors reaching 19 million in February. This growth has been attributed to positive market sentiments driven by the recent surge in bitcoin’s price and rallies …

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Retail Investors Drive Demand for Spot Bitcoin ETFs, Surpassing Institutional Interest

March 20, 2024 by Arnold Potts

The demand for spot bitcoin exchange-traded funds (ETFs) has been predominantly driven by retail investors, according to recent data. The average trade size of BlackRock’s iShares Bitcoin Fund (IBIT) is 326 shares, equivalent to around $13,000, indicating that these trades are being …

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