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South American Gold Miner Nilam Resources Acquires 24,800 Bitcoin

Introduction Nilam Resources, Inc., a precious metal mining company based in Peru, has recently announced a significant agreement with Xyberdata Ltd. The deal involves the acquisition of 24,800 bitcoins through a Letter of Intent (LOI) and the establishment of a special purpose entity named MindWave in Mauritius to hold the BTC and other assets. Details

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The London Stock Exchange to Trade Bitcoin Crypto Exchange-Traded Notes (ETNs) Starting May 28, 2024

Introduction to Bitcoin Crypto Exchange-Traded Notes (ETNs) The London Stock Exchange has recently announced its decision to accept applications for the admission of Bitcoin Crypto Exchange-Traded Notes (ETNs) starting from April 8, 2024. This move comes after the Exchange's earlier notice on March 11, expressing its intention to allow the trading of Crypto ETNs in

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The Ultimate Guide to Bitcoin Self-Custody: Dos and Don’ts

Understanding Bitcoin Self-Custody Bitcoin operates in a decentralized system where transactions cannot be reversed, and there is no customer support to turn to for assistance. When you take self-custody of your Bitcoin, you hold the responsibility for safeguarding your funds. Self-custody empowers you to control your funds without the risk of freezing or interference from

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Bitcoin’s Impact on Investment Future: A Comprehensive Guide

Bitcoin's recent surge to an all-time high of over $72,000 has captured the attention of investors worldwide. This significant price increase has sparked discussions about the implications for investment strategies and financial futures. Let's delve into what this surge means and how you can navigate the evolving landscape of cryptocurrency investments. The Volatile Nature of

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MicroStrategy’s Michael Saylor’s Offer to Shareholders Before Bitcoin Purchase

Michael Saylor encountered challenges before successfully incorporating Bitcoin into MicroStrategy's balance sheet in 2020. Saylor's Offer to Shareholders During the 2024 Abundance360 Summit, Saylor disclosed how he proposed to buy out MicroStrategy shareholders through a Dutch auction when they initially sought to acquire $250 million worth of Bitcoin. Latest Bitcoin Acquisition Recently, Saylor and his

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Decentralizing Information Ownership: The Revolution of Random Access Markets

Data as a Liquid Commodity Data stands as the most fluid commodity in global markets. In the era of smartphones, without extreme measures, your every move, conversation, and consumption become quantifiable in the vast spectrum of information goods markets. These goods, existing purely as nonphysical data bits, can be conceptualized, crafted, and distributed solely as

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