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Lightning Network Sheds 820 BTC in 37 Days—Lowest Capacity Since 2023

Lightning Network Sheds 820 BTC in 37 Days—Lowest Capacity Since 2023According to recent metrics, bitcoin ( BTC) held in the Lightning Network, a payment-oriented layer two (L2) protocol, has declined sharply over the past 37 days. Lightning Network’s $69M Drain The network’s capacity—the total BTC locked in its channels—now sits at 4,550 BTC, the smallest amount since September 2023, according to data collected by theblock.co. […]

QCP Insights: Bitcoin Back Above $85K As Fear and Greed Index Rises to 45%

Bitcoin Proponent Blames Lightning Network’s Flaws for Trump’s Crypto Reserve Snub 

Bitcoin Proponent Blames Lightning Network’s Flaws for Trump’s Crypto Reserve Snub Bitcoin proponent Paul Sztorc sparked discussion by attributing Bitcoin’s initial exclusion from President Donald Trump’s proposed crypto reserve to the Lightning Network’s technical failures, citing a trove of critical assessments from industry experts. Drivechain Developer Points to Lightning Network as Trump Embraces Altcoins The inclusion of XRP, ADA, and SOL in a crypto reserve proposal […]

QCP Insights: Bitcoin Back Above $85K As Fear and Greed Index Rises to 45%

Bitcoin’s Lightning Network Capacity Jumps 384%

Bitcoin’s Lightning Network Capacity Jumps 384%A Fidelity Digital Assets report indicates that Bitcoin’s primary scaling solution is growing at roughly twice the rate shown by public data because much of its network activity remains private. The Lightning Network Is Growing and Institutions Are Taking Notice The total capacity of Bitcoin’s Lightning Network has jumped 384% since 2020 as an increasing […]

QCP Insights: Bitcoin Back Above $85K As Fear and Greed Index Rises to 45%

Report: Over 650 Million People Now Have Access to Bitcoin

Report: Over 650 Million People Now Have Access to BitcoinThe report asserts that the dominant cryptocurrency is slowly shifting from being a store of value to being a medium of exchange once again. Bitcoin Adoption Expands: 650 Million People Now Have Access Satoshi created bitcoin (BTC) as “peer-to-peer digital cash,” but over time, the cryptocurrency has morphed into what many call “digital gold,” with […]

QCP Insights: Bitcoin Back Above $85K As Fear and Greed Index Rises to 45%

L2 Scaling Challenges May Undermine Ethereum and Bitcoin’s Long-Term Security

L2 Scaling Challenges May Undermine Ethereum and Bitcoin’s Long-Term SecurityEthereum and Bitcoin, two of the world’s largest blockchains, are facing significant challenges in scaling their networks. As more users and transactions move to layer two (L2) solutions, these systems could undermine the security and sustainability of the base layer (L1), with fees and rewards for miners and validators dwindling. Growing L2 Adoption Raises Concerns […]

QCP Insights: Bitcoin Back Above $85K As Fear and Greed Index Rises to 45%

Lightning Network-Focused Startup Lightspark Sets Its Sights on Latam

Lightning Network-Focused Startup Lightspark Sets Its Sights on LatamLightspark hopes to enter Latin America’s cryptocurrency market through its partners in the region, including exchanges like Bitso and fintech institutions like Nubank. Nicolas Cabrera, Lightspark’s vice president of product, explained that the company will focus on targeting Latin America’s remittances and cross-border payments market, using its products to streamline these processes. Lightspark Aims to […]

QCP Insights: Bitcoin Back Above $85K As Fear and Greed Index Rises to 45%

Lightspark Presents Solution Linking Lightning Network Payments to Bank Accounts in the U.S.

Lightspark Presents Solution Linking Lightning Network Payments to Bank Accounts in the U.S.Lightspark, a Bitcoin Lightning Network financial services company, has announced the release of its UMA Extend feature, which focuses on increasing the interaction between crypto and legacy rails in the U.S. With UMA Extend, businesses can opt in for a direction that can be linked to an account, allowing them to instantly receive LN payments […]

QCP Insights: Bitcoin Back Above $85K As Fear and Greed Index Rises to 45%

Lightning Network Protocol Stacks Completes Nakamoto Upgrade With Defi Features

Lightning Network Protocol Stacks Completes Nakamoto Upgrade With Defi FeaturesThe Bitcoin Lightning Network’s Stacks protocol has completed its Nakamoto upgrade, finalizing a series of enhancements that began in April 2024. This latest phase, delivered on August 28, 2024, introduces stronger transaction finality guarantees, reduces miner extractable value (MEV) opportunities, and improves network resilience. Additionally, the upgrade prepares the network for the introduction of sbtc, […]

QCP Insights: Bitcoin Back Above $85K As Fear and Greed Index Rises to 45%

Decentralized Bitcoin Exchange Bisq 2 Adds Support for Lightning Network

Decentralized Bitcoin Exchange Bisq 2 Adds Support for Lightning NetworkBisq 2, the decentralized Bitcoin exchange, has announced the integration of the Lightning Network in its latest release, version 2.1.0. This update introduces faster and cheaper transactions, leveraging the Lightning Network’s off-chain capabilities. Alongside this, Bisq 2.1.0 also features a QR code scanner for easier address and invoice input, enhanced chat functionalities, and improved user […]

QCP Insights: Bitcoin Back Above $85K As Fear and Greed Index Rises to 45%

Speed Launches USDT-L, Tether’s First Iteration on Top of Bitcoin’s Lightning Network

Speed Launches USDT-L, Tether’s First Iteration on Top of Bitcoin’s Lightning NetworkSpeed, the company behind the Speed Wallet, has launched USDT-L, the first iteration of Tether, the largest stablecoin on the crypto market, on top of Bitcoin’s Lightning Network (LN). The wrapped token, which takes advantage of the “taproot assets” protocol recently rolled out by Lightning Labs, seeks to bring all the benefits of LN to […]

QCP Insights: Bitcoin Back Above $85K As Fear and Greed Index Rises to 45%