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Top Football Prospect to Be Paid in Bitcoin After Cinching College Contract

Top Football Prospect to Be Paid in Bitcoin After Cinching College ContractThe 2025 Polynesian Bowl All-Star signed with the University of Southern California and will use payments app Strike to receive a portion of his compensation in bitcoin (BTC). Newly Signed USC Linebacker Opts for Bitcoin Matai Tagoa’i one of the top college football prospects in the country recently signed a “name, image, and likeness” (NIL) […]

Strategic Bitcoin Reserve Can Pay Off Over a Third of US National Debt by 2050, According to VanEck Executive

Strike CEO Says Bitcoin in Early Innings of Bull Run, Predicts BTC Could Skyrocket by up to 870% – Here’s Why

Strike CEO Says Bitcoin in Early Innings of Bull Run, Predicts BTC Could Skyrocket by up to 870% – Here’s Why

The chief executive of payments app Strike is leaning bullish toward Bitcoin (BTC) as the flagship crypto asset hovers above the $100,000 price tag. In a new interview with Wall Street veteran Anthony Scaramucci on the Wealthion YouTube channel, Jack Mallers says that Bitcoin could hit a price of up to $1 million, a potential […]

The post Strike CEO Says Bitcoin in Early Innings of Bull Run, Predicts BTC Could Skyrocket by up to 870% – Here’s Why appeared first on The Daily Hodl.

Strategic Bitcoin Reserve Can Pay Off Over a Third of US National Debt by 2050, According to VanEck Executive

Bitcoin hits a new all-time high of $105K, gaining 20% in the last month

It comes as the Federal Reserve is expected to go ahead with a rate cut next week, rumors that Trump may use Bitcoin as a US reserve asset from “day one” and more.

Bitcoin’s price rallied over 3.2% to set a new all-time high above $105,000 on Dec. 15 as speculation of it becoming a United States reserve asset continues to grow.

Bitcoin (BTC) topped out at $105,100 but has since fallen slightly to $104,850, TradingView data shows. Its previous high was $104,000, which was set on Dec. 5.

It is now up nearly 20% over the last month and 55.5% since the US presidential election on Nov. 5.

Bitcoin’s change in price over the last 24 hours. Source: TradingView

Bitcoin’s price has also now stayed above the $100,000 mark since Dec. 13 at around 5:00 pm UTC.

It comes as Strike founder and CEO Jack Mallers said US President-Elect Donald Trump could issue an executive order designating Bitcoin as a reserve asset on his first day in office.

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Strategic Bitcoin Reserve Can Pay Off Over a Third of US National Debt by 2050, According to VanEck Executive

Strike Expands Bitcoin and Lightning Services to the UK

Strike Expands Bitcoin and Lightning Services to the UKStrike has announced its expansion into the United Kingdom. This move allows individuals and businesses in the UK to access Strike’s suite of Bitcoin and Lightning Network services. The features include buying, selling, sending, and withdrawing bitcoin, global payments, and more. The company’s founder, Jack Mallers, believes that bitcoin can solve some of the world’s […]

Strategic Bitcoin Reserve Can Pay Off Over a Third of US National Debt by 2050, According to VanEck Executive

US senators draft NO FAKES bill to ban unauthorized AI copycats

The proposed act came just hours after talks broke down between actors and Hollywood studios, with AI replicas a major friction point in negotiations.

Unauthorized artificial intelligence-powered recreations of people’s voices and images would be banned under a proposed bill by a bipartisan group of United States senators.

In an Oct. 11 press release, Democratic Senators Chris Coons and Amy Klobuchar, along with Republican Senators Marsha Blackburn and Thom Tillis, released a discussion draft of the Nurture Originals, Foster Art, and Keep Entertainment Safe (NO FAKES) Act.

Companies or individuals that create an unauthorized AI replica of someone — living or dead — would be liable for damages under the act along with platforms that knowingly host unauthorized AI copycats. Penalties would start at $5,000 per violation.

A highlighted excerpt of the draft act’s definition of a “digital replica.” Source: Senator Coons

The bill allows for limited uses of unauthorized AI replicas protected by the First Amendment, including those used for news, as part of documentaries or for “comment, criticism, scholarship, satire, or parody.”

“Creators around the nation are calling on Congress to lay out clear policies regulating the use and impact of generative AI,” said Senator Coons in a statement. “Congress must strike the right balance to defend individual rights, abide by the First Amendment, and foster AI innovation and creativity.”

Senator Blackburn added the bill is a “good first step” to protect songwriters, actors, and U.S. creatives, who “deserve the right to own their name, image, and likeness (NIL).”

The draft bill comes amid a surge in songs created with the help of AI tools that emulate artists with hundreds hosted on streaming platforms such as YouTube and SoundCloud.

Related: Snapchat warned by UK data watchdog over AI chatbot risks

The track “Heart on my sleeve” by anonymous TikTok user “ghostwriter977” used AI vocals of artists Drake and The Weeknd and went viral earlier this year, garnering millions of views before it was struck from the platform.

Multiple paid services offer AI tools to emulate the voices of musicians, actors and public figures. Source: voicify.ai

AI-generated likenesses have also been a friction point in the Hollywood actor strikes and negotiations — with the Screen Actors Guild‐American Federation of Television and Radio Artists (SAG-AFTRA) union backing the proposal.

On Oct. 11, SAG-AFTRA said negotiations with the Alliance of Motion Picture and Television Producers (AMPTP) broke down, claiming the latter refused to “protect performers from being replaced by AI,” among other reasons.

In a statement the same day, the AMPTP said “it is clear that the gap between the AMPTP and SAG-AFTRA is too great, and conversations are no longer moving us in a productive direction.”

On Sept. 27, the Writer’s Guild of America (WGA) ended its strike after nearly five months following the union reaching a deal with the AMPTP on AI usage in writer’s rooms, along with higher wages and fairer contracts.

Magazine: AI Eye: Real uses for AI in crypto, Google’s GPT-4 rival, AI edge for bad employees

Strategic Bitcoin Reserve Can Pay Off Over a Third of US National Debt by 2050, According to VanEck Executive

Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa

Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to AfricaUnited States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via the recently added new feature known as “Send Globally.” The new feature instantly converts the funds to local currencies prior to moving them to recipients’ […]

Strategic Bitcoin Reserve Can Pay Off Over a Third of US National Debt by 2050, According to VanEck Executive

Jack Mallers Announces Strike Partnering With POS Giants To Allow Bitcoin (BTC) Payments at Major Retailers

The CEO of Lightning Network wallet Strike says the payments platform is teaming up with point of sale giants Shopify, NCR and Blackhawk Network to revolutionize the payments industry. In a speech at the Bitcoin 2022 Conference in Miami, Jack Mallers announced that any Shopify-supporting website can now process Bitcoin (BTC) payments on the Lightning Network. “This […]

The post Jack Mallers Announces Strike Partnering With POS Giants To Allow Bitcoin (BTC) Payments at Major Retailers appeared first on The Daily Hodl.

Strategic Bitcoin Reserve Can Pay Off Over a Third of US National Debt by 2050, According to VanEck Executive

Lightning to strike Shopify merchants with addition of BTC payments

Jack Mallers announced the new integration today at the Bitcoin 2022 conference and hopes to give more people access to what he sees as a better monetary system.

Chicago-based payment app Strike has integrated with global e-commerce giant Shopify so merchants can accept Bitcoin payments via the Bitcoin Lightning Network.

The Lightning Network (LN) is a Layer-2 scaling solution for Bitcoin designed to facilitate faster and cheaper transactions.

Strike CEO Jack Mallers revealed the new integration on stage at Miami's Bitcoin 2022 conference today. The move could allow Shopify’s almost two million global merchants to accept Bitcoin payments denominated in USD. However the only merchant partner cited in Strike's official release was Warren Lotas, an LA based streetwear brand — and that site was down at the time of writing.

Shopify is the world’s 18th largest ecommerce company with about $4.6 billion in annual revenue according to market research site Macrotrends. Its service enables merchants to set up an online store in 175 different countries.

The Bitcoin 2022 official Twitter account stated the integration was already live and quoted Mallers chiding the modern payments system which started in 1949 with the Diners Club card:

“Any online merchant that uses Shopify can accept payments without the 1949 boomer network, receive it instantly, cash final, no intermediary no 3% fee.”

According to Mallers one of the main advantages to using Bitcoin via Lightning is that payments settle nearly instantly as opposed to the “late, two to 15 day settlement” he cited as a drawback of existing common electronic payment methods. He added that instant settlements help both consumers and merchants complete accounting work and know their exact balances faster.

Mallers also revealed Strike’s partnership with the Blackhawk payment network, reportedly the largest point of sale supplier in the world. The company draws $2.5 billion in annual revenue  and its website states it has products at over 400,000 storefronts in 28 countries.

Related: Samson Mow introduces new nation-state adoption for crypto in Bitcoin 2022

Bitcoin 2022 is already a hotbed of buzz, not just for the Bitcoin ‘Miami Bull’ that was unveiled ahead of the opening events, but for Robinhood announcing the launch of its long-awaited crypto wallet to two million waitlisted clients. The wallet will also integrate LN.

The conference has not sparked a move in BTC price yet, as the largest crypto by market cap is up just 0.54% over the last 24 hours, trading at $43,594 according to Cointelegraph data.

Strategic Bitcoin Reserve Can Pay Off Over a Third of US National Debt by 2050, According to VanEck Executive

Bitpay Adds Lightning Network, Youth Fashion Brand Pacsun to Accept Payments via Lightning

Bitpay Adds Lightning Network, Youth Fashion Brand Pacsun to Accept Payments via LightningOn April 6, one of the largest cryptocurrency payment platforms in the world, Bitpay, announced the Atlanta-based company has integrated bitcoin payments via the Lightning Network. According to the announcement on Wednesday, the youth-focused American retail clothing brand Pacific Sunwear (Pacsun) will be the first merchant to leverage Bitpay to accept Lightning Network payments. Payment […]

Strategic Bitcoin Reserve Can Pay Off Over a Third of US National Debt by 2050, According to VanEck Executive