Bitcoin’s Energy Consumption Drops By A Quarter Following Crypto Crash

The Bitcoin Grid power consumption fell to 11 GW yesterday, down 27% from 15 GW in April, according to the Cambridge Bitcoin Electricity Consumption Index (CBECI). The index, which estimates how much energy Bitcoin uses minors, is managed by the Cambridge Center for Alternative Finance (CCAF). The CCAF estimates prices by determining a hypothetical maximum … Read more

85% of Merchants Say Enabling Crypto Payments Is High Priority – Featured Bitcoin News

A survey conducted by Deloitte in conjunction with PayPal found that more than 85% of merchants “place a high or very high priority on enabling cryptocurrency payments.” Additionally, “nearly three-quarters of respondents said they plan to accept payments in cryptocurrency or stablecoins in the next 24 months.” Majority of Merchants Surveyed Consider Enabling Crypto Payments … Read more

Jay-Z and Jack Dorsey criticized for launching ‘Bitcoin Academy’ in rapper’s childhood home

Rapper Jay-Z and Twitter founder Jack Dorsey have teamed up to launch a bitcoin-focused financial literacy project called The Bitcoin Academy. The project consists of free bi-weekly classes, offered in-person and online, for residents of the musician’s childhood home: the Marcy Houses public housing complex in Brooklyn, New York. The team is unsurprising given the … Read more

What did the world’s elite think of crypto?

Cointelegraph presents “Crypto Street”, a series of off-the-cuff conversations with strangers on the street to educate, entertain, and take stock of the world’s relationship with crypto. The first episode comes from the gates of the World Economic Forum (WEF) in Davos, Switzerland. Cointelegraph reporter Joseph Hall attempted to speak with the global elite where he … Read more

Global bitcoin adoption may break past 10% by 2030: Report

There is a high probability that global bitcoin adoption will increase significantly in the future and reach 10% by 2030, according to a report by Blockware Solutions, a blockchain infrastructure and bitcoin mining company. The report estimates that around 0.36% of the world’s population currently uses the bitcoin network. According to the report, past technology … Read more

Academic Suppression Of Bitcoin – Bitcoin Magazine

This is an opinion op-ed by Hannah Wolfman-Jones, author of “System Override: How Bitcoin, Blockchain, Free Speech, & Free Tech Can Change Everything” and founder of We The Web. Academics will not be ahead of Bitcoin; there are too many incentives built into the university system that push them not to be. These include the … Read more

Jay-Z and Jack Dorsey launched a Bitcoin academy in a public housing complex – TechCrunch

co-founder of Twitter and Block CEO Jack Dorsey partners with artist Jay-Z (Shawn Carter) to launch The Bitcoin Academy at Marcy Houses, the public housing complex in Brooklyn, New York where Jay-Z grew up. The initiative aims to provide financial education with a focus on Bitcoin as a pathway to financial freedom, with free in-person … Read more