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How Lightning Makes Bitcoin Great Again (for Payments)

Lightning Labs' Alex Bosworth talks about how the lightning network provides bitcoin's best hope for becoming the payments network of the future.

Updated Sep 13, 2021, 9:00 a.m. Published Mar 24, 2019, 11:05 a.m.
Lightning, bosworth

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Pudgy Penguins: A New Blueprint for Tokenized Culture

Pudgy Title Image

Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

What to know:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

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Bitcoin climbs above $89,000 as U.S. dollar tumbles on President Trump's remarks

Donald Trump points at the audience during a press conference at the White House.

The president said he isn't concerned about the dollar's recent declines, sending the greenback plunging even lower.

What to know:

  • Bitcoin rallied above $89,000 as remarks by President Trump sent the dollar to its lowest level in nearly four years.
  • Gold rose to a new record above $5,200 per ounce following the president's comments.
  • One analyst is seeing a bullish technical divergence which could send bitcoin back to $95,000 in short order.