HiFi Crypto

https://hifibitcoin.substack.com/p/btc-bullish-run-fueled-by-institutional-interest

Bitcoin's Bullish Run Fueled by Institutional Interest The increase in Bitcoin’s fiat exchange rates over the past several weeks may have been driven by a surge in institutional interest, according to a number of analysts, and may continue well into the future if current events are any indicator.

https://hifibitcoin.substack.com/p/btc-miners-use-more-sustainable-energy-than-ever

Bitcoin Mining Uses More Sustainable Energy Than Any Other Industry A new study estimates that the Bitcoin mining industry's sustainable energy mix has increased to nearly 53%, which is more than any other industry, including banking, gold, and agriculture.

https://hifibitcoin.substack.com/p/new-btc-ai-has-goal-to-empower-users-worldwide

New Bitcoin-Centric AI Unveiled With Goal Of Educating & Empowering Individuals Worldwide The world's first Bitcoin-focused artificial intelligence, or “AI”, has been unveiled, and it’s poised to redefine the landscape of Bitcoin education.

https://hifibitcoin.substack.com/p/bitmap-theory-claims-to-bring-metaverse-to-btc

Bitmap Theory Claims To Bring The Metaverse To Bitcoin A new open-source standard called Bitmap Theory allows individuals to claim ownership of Bitcoin blocks, which theoretically could be used to create unique digital assets in the metaverse. The protocol is gaining traction in much of the Bitcoin community.

https://hifibitcoin.substack.com/p/fake-trezor-wallet-app-steals-users-bitcoin

Fake Trezor Wallet App Steals Users' Bitcoin A fake Trezor Wallet app has been found on the App Store, and is possibly allowing users' Bitcoin to be stolen. The app, called "Trezor Wallet Suite," is not affiliated with the Trezor brand hardware wallets.

https://hifibitcoin.substack.com/p/fed-rate-hike-pauses-show-importance-of-bitcoin

Fed Pauses Rate Hikes, Shows Importance Of Bitcoin Adoption The United States Federal Reserve (the “Fed”) declined to raise interest rates this month, as was widely expected. But the establishment may be underestimating the power of Bitcoin.

https://hifibitcoin.substack.com/p/mt-gox-hackers-charged-by-us-doj

Mt. Gox Hackers Charged By U.S. Department Of Justice The United States Department of Justice (DOJ) announced today that it has charged two individuals, Alexey Bilyuchenko and Aleksandr Verner, for their alleged roles in the 2011 hack of Mt. Gox, a now-defunct Bitcoin exchange.

https://hifibitcoin.substack.com/p/el-salvador-to-build-1-billion-btc-mining-farm

El Salvador to Build $1 Billion Bitcoin Mining Farm Using Renewable Energy El Salvador has announced plans to build a $1 billion bitcoin mining farm using renewable energy.

https://hifibitcoin.substack.com/p/texas-legislature-weighs-in-on-bitcoin-mining

Texas Legislature Weighs In On Bitcoin Mining Legislators out of Texas in the United States passed two bills in support of Bitcoin miners during their recent legislative session.

https://hifibitcoin.substack.com/p/users-can-now-convert-nfts-from-eth-to-btc

New Token Standard Allows Users To Transfer ETH NFTs To The BTC Blockchain A new token standard called BRC-721E has been released that allows users to transfer their Ethereum-based non-fungible tokens (NFTs) to the Bitcoin blockchain.

https://hifibitcoin.substack.com/p/biden-admin-drops-proposed-bitcoin-mining-tax

Biden Administration Drops Proposed 30% Tax on Bitcoin Mining The Biden administration has seemingly agreed, as part of the recent debt ceiling deal, to drop a proposed 30% tax on Bitcoin mining, in what represents a major victory for the Bitcoin community.

https://hifibitcoin.substack.com/p/bitcoin-and-presidential-bitcoiners

Bitcoin’s Mainstream Acceptance Grows As Presidential Candidates Include It In Their Platforms Bitcoin, the world's first and most popular cryptocurrency, has been gaining mainstream acceptance in recent years, so much so that presidential candidates are adding it to their political platforms.