After reaching new all-time highs earlier this year, Bitcoin has entered a multi-month period of choppy price action, leading many to wonder if the bull cycle is over. In this article, we dive deep into key metrics and trends to understand if the market is just cooling off or ifContinue Reading
As Bitwage celebrated its 10-year anniversary today, the company highlighted its growth in enabling Bitcoin and crypto payroll solutions. Since 2014, Bitwage has focused on bringing transparency and efficiency to global workforce payments. Bitcoin and crypto payroll platform Bitwage announced it now serves over 4,500 registered companies and 90,000 registeredContinue Reading
US spot Bitcoin exchange-traded funds recorded their sixth straight day of net inflows on August 23rd, totalling around $65 million. The sustained run of positive flows highlights the growing institutional demand for regulated Bitcoin exposure. BlackRock’s iShares Bitcoin Trust (IBIT) let the days inflow with $75.5 million. Launched in AprilContinue Reading
Hong Kong‘s spot Bitcoin ETFs saw their largest inflow of funds in over a month today, highlighting growing Asian interest in Bitcoin investment vehicles. JUST IN: 🇭🇰 Hong Kong #Bitcoin ETFs saw $15 million in inflows today, the highest in a month. Slowly and steadily 🙌 pic.twitter.com/Q83tjbS0ML — Bitcoin MagazineContinue Reading
Bitcoin scaling proposal Ark is getting closer to reality. After a year of research focused on refining the reference implementation, Ark Labs announced today the completion of a $2.5 million pre-seed funding round led by Tim Draper and his firm, Draper Associates. While the technical feasibility of Ark’s approach wasContinue Reading
Enhancing Creditworthiness with Bitcoin in a Debt-Intensive Economy Since US President Richard Nixon announced in 1971 that the US dollar would no longer be convertible into gold at a fixed rate, central banks around the world have started operating a fiat-based monetary system with floating exchange rates and no currencyContinue Reading
Gryphon Digital Mining, Inc. (NASDAQ: GRYP) has taken a big step in lowering its power costs by acquiring Bitcoin mining operations in Louisiana that leverage ultra low-cost electricity at approximately $0.01 per kilowatt hour (kWh). Gryphon Acquires Ultra Low-Cost Power Mining Operations at ~$0.01/kWh. Key highlights include: • Ultra-low costContinue Reading
Bitcoin technology is impressive for just how many fundamental problems with money it solves. One advantage of bitcoin that is often touted is that it provides for final settlement of transactions. Final settlement means that, once a transaction is mined and enough subsequent transactions have been mined as well, itContinue Reading
Multisig bitcoin vault maker Theya announced yesterday it will enable US users to purchase bitcoin through their app and have it sent directly to self-custody via hardware wallets like Ledger, Trezor, Foundation and ColdCard or through its multisig vaults. 🚀 BUY BITCOIN LAUNCH 🔥 We’re launching a much requested, game-changingContinue Reading
Miami-based Bitcoin startup TMRW has raised $1.3 million in pre-seed Funding to develop its social payments app powered by the Bitcoin Lightning Network. Maple VC led the funding round, and Bitcoin angel investors like Brad Mills joined the round. TMRW aims to leverage the Lightning Network’s speed and low costsContinue Reading
