Category: Lightning Network

Arcane Research predicts 700 million Lightning Network users by 2030

October 8, 2021

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The research unit of Arcane Crypto predicts the Lightning Network will go parabolic as adoption of the Bitcoin layer-two payment protocol ramps up over the decade. Arcane Research published the “State of Lightning” report on Oct. 5, and analyzed the Lightning Network in terms of current capacity, wallet payment volume, the growing rate of adoption, […]

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Bitcoin Lightning nodes and channels hit record highs

September 28, 2021

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The number of Lightning Network nodes has increased 160% over the past 12 months while the number of channels is up 170% since January. 4023 Total views 25 Total shares The node count for Bitcoin’s leading layer-two solution, the Lightning Network (LN), has spiked to record levels following a surge of adoption. According to on-chain […]

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Bitcoin bulls make a run on $45K after Twitter debuts crypto tipping

September 23, 2021

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Bitcoin price rallied to $44,800 and takes aim at flipping the $45,000 level to support shortly after Twitter launched a new crypto tipping service. 9180 Total views 24 Total shares Bullish optimism is on the rise across the cryptocurrency market on Sept. 23 as prices continue to recover from this week’s volatility which was the […]

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Here’s why Bitcoin might be safe from a global stock market crisis

September 18, 2021

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One of the reasons behind Bitcoin’s (BTC) volatility, the substantial price oscillations that occur regularly, is the discrepancy of its use cases. Some pundits deem it “digital gold,” a truly scarce and perfect store of value (SoV). Others consider Bitcoin a technology project or a type of software with a corresponding network. El Salvador’s adoption […]

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Payments in a flash: Strip club in Las Vegas now accepts Lightning

July 16, 2021

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Guests at the Crazy Horse 3 will soon be able to tip their favorite dancers using BTC. 1622 Total views 7 Total shares The Crazy Horse 3 gentlemen’s club has announced it has become the first major entertainment venue in Las Vegas to accept Bitcoin using the Lightning Network. The nightspot will implement the layer […]

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Cointelegraph Consulting: Report pictures a crypto-consumer portrait

June 18, 2021

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Bitcoin’s status as legal tender in El Salvador has recently sparked a new round of discussion concerning Bitcoin (BTC) and its role in the world economy. Despite ambiguous reactions from institutions such as JPMorgan Chase and the World Bank, some feel that Bitcoin’s status as a means of payment is now more explicit than ever. […]

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Jack Dorsey says he will integrate Lightning Network into Twitter or BlueSky

June 11, 2021

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Earlier this month, Dorsey revealed that Square intends to develop an open-source non-custodial Bitcoin hardware wallet. 5477 Total views 8 Total shares Jack Dorsey, the co-founder of social media network Twitter and financial services company Square, has confirmed he is planning to integrate Bitcoin’s Lightning Network sidechain with at least one of his businesses. On […]

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BitMEX and Human Rights Foundation provide $150K grant to Bitcoin scaling researcher

June 1, 2021

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BitMEX has collaborated with a non-profit Human Rights Foundation to provide a $150,000 grant to Korean-based Bitcoin scaling researcher Calvin Kim. 3203 Total views 7 Total shares Popular crypto derivatives exchange BitMEX has announced a $150,000 grant for Calvin Kim — a Korean-based Bitcoin scaling researcher. The grant provides a second instance of support in […]

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Bitcoin still on track to $100K despite growing risks, says strategic investor Lyn Alden

May 15, 2021

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Strategic investor Lyn Alden’s outlook on Bitcoin remains bullish despite growing risks 19769 Total views 96 Total shares Strategic investor Lyn Alden is convinced Bitcoin has still the potential to reach $100K in the current bull cycle — despite growing uncertainty and increasing volatility.  “We are seeing a lot of froth throughout the industry”, she […]

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Bitcoin transactions fees in US dollars near all-time high levels

April 20, 2021

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The latest spike in BTC transaction fees comes amid a major decline in the Bitcoin network hash rate. 7368 Total views 43 Total shares Bitcoin (BTC) transaction fees measured in United States dollars are near 2017 levels amid a massive hash rate drop on the Bitcoin network. According to data from several Bitcoin monitoring resources, […]

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