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Arnold Potts

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

Bitcoin Embraces Zero-Knowledge Rollups: Citrea Raises $2.7M in Seed Funding

February 25, 2024 by Arnold Potts

Zero-knowledge rollups, a technology typically associated with scaling the Ethereum blockchain, are now making their way to Bitcoin. Chainway Labs recently announced that they are developing what they claim will be the first zero-knowledge rollup for Bitcoin, called Citrea. The company revealed …

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Why Multisig is the Most Secure Method for Storing Your Bitcoin

February 23, 2024 by Arnold Potts

be confirmed if the signature is valid and matches the public key associated with the address holding the bitcoin. While singlesig is a secure method of self-custody, it does have its limitations. If the private key is lost or compromised, access to …

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Bitcoin’s Latest Rally Defies Traditional Correlations: What’s Driving the Surge?

February 23, 2024 by Arnold Potts

Bitcoin’s latest surge above $50,000 has caught the attention of investors and analysts alike, as it defies its usual pattern of sharp gains during periods of weakness in the U.S. dollar index and Treasury yields. Since January 23, the leading cryptocurrency has …

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The Trial Continues: Craig Wright’s Sister Testifies in Bitcoin Creator Case

February 23, 2024 by Arnold Potts

The trial to determine whether Craig Wright is the elusive creator of bitcoin, known as Satoshi Nakamoto, has just completed its second week with some intriguing testimonies and revelations. Wright’s sister, Danielle DeMorgan, took the stand on Friday and recounted a blog …

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Comparing Bitcoin IRA Approaches: Maximizing Sovereignty and Appreciation

February 23, 2024 by Arnold Potts

the most popular options for this type of bitcoin IRA is the Unchained IRA which offers a collaborative custody partnership that allows you to hold your own keys while still benefiting from the tax advantages of an IRA structure. When considering which …

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Avalanche’s AVAX Underperforms Ahead of $365M Token Unlocking Event

February 22, 2024 by Arnold Potts

Avalanche’s native token AVAX has experienced a period of underperformance in the crypto market over the past week, as data shows that it has lagged behind other digital assets. This underperformance comes ahead of a significant token unlocking event, where $365 million …

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Why Bitcoin Maximalist Michael Taylor Refuses to Sell Company’s Bitcoin Holdings

February 22, 2024 by Arnold Potts

Bitcoin maximalist Michael Taylor, the CEO of MicroStrategy, made headlines recently when he announced that he has no plans to sell any of the company’s substantial bitcoin holdings anytime soon. In an interview with Bloomberg TV on Tuesday, Taylor emphasized his belief …

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Moonwalk: The Crypto-Based Fitness App That Makes Getting Fit More Fun and Competitive

February 22, 2024 by Arnold Potts

An innovative new app called Moonwalk is changing the game when it comes to fitness goals and accountability. This early-stage app allows users to boost the stakes for their fitness goals by contributing cryptocurrencies to join a challenge. If users fail to …

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130-Year-Old German Bank Partners with Bitcoin Consulting Firm for Innovative Offerings

February 22, 2024 by Arnold Potts

In a groundbreaking move that signals a significant shift in the traditional banking landscape, Volksbank Raiffeisenbank Bayern Mitte eG, a Bavarian cooperative bank with a rich history spanning over 130 years, has announced a long-term partnership with terahash.energy GmbH, a young startup …

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Bitcoin’s Epic Year: On-Chain Action, Exchange Buzz, and What’s Next

February 21, 2024 by Arnold Potts

flows of exchange activity add layers of complexity to the narrative, hinting at the evolving landscape of cryptocurrency trading. As we look ahead to the coming year, it’s clear that Bitcoin is not slowing down anytime soon. With its recent surge in …

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Cardano

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MATIC 3.64%

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