The notorious Mt. Gox exchange has made its first major Bitcoin transaction in weeks, shifting over $700 million worth of BTC to unknown wallets. According to data tracked by Arkham Intelligence, Mt. Gox moved 12,000 BTC worth $709 million to one address and 1,265 BTC worth $75 million to anotherContinue Reading
Company Name: River Founders: Alexander Leishman Date Founded: February 2019 Location of Headquarters: Columbus, OH Amount of Bitcoin Held in Treasury: Proof of reserves launching soon Number of Employees: 50 Website: https://river.com/ Public or Private? Private How do you make a bitcoin-only brokerage profitable? The answer isn’t complicated. You offerContinue Reading
Bitcoin mining has long been embroiled in controversy. From Greenpeace’s high-profile “Change the Code, Not the Climate” campaign to Alex DeVries’ exaggerated claims about Bitcoin’s growing “water footprint,” the media often portrays Bitcoin mining as an environmental disaster in the making. For the general public, who are genuinely concerned aboutContinue Reading
Ledn, a leading digital lending platform, has officially secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group with ~$4.5 billion in client assets, according to a press release sent to Bitcoin Magazine. Ledn and @sygnumofficial Just Made History! 🎉 Sygnum Bank issued the industry’sContinue Reading
Metaplanet, a publicly traded Japanese company, has purchased another ¥500 million ($3.7 million) worth of bitcoin. This latest buy comes after the firm secured a ¥1 billion loan last week to acquire Bitcoin. JUST IN: 🇯🇵 Japanese public company Metaplanet buys another ¥500 million worth of #Bitcoin pic.twitter.com/utiXEwsymM — BitcoinContinue Reading
The Democratic Party’s official 2024 platform was released today on day one of the Democratic National Convention (DNC), without any mention of Bitcoin or cryptocurrency. This decision aligns with the past four years of the Biden-Harris administration’s hostility towards the industry. Despite the growing significance of Bitcoin and digital assets, neitherContinue Reading
Bitwise Asset Management has announced the acquisition of London-based ETC Group, the issuer of Europe’s largest physical Bitcoin ETP (BTCE), according to a press release sent to Bitcoin Magazine. This acquisition not only expands Bitwise’s global footprint but also adds more than $1 billion in assets under management to its portfolio. JUSTContinue Reading
In the Name of Freedom Neutral money like bitcoin preserves economic liberty. It respects individual freedom. It silently advocates for property rights. Whether you’re an individual or a business, it gives you complete empowerment over your decisions about production, investment, and consumption without the threat of censorship, confiscation, or debasement.Continue Reading
A milestone has been reached in Bitcoin’s supply schedule – 94% of the total Bitcoin supply has now been issued through mining. Out of a hard-capped total of 21 million BTC, over 19.74 million have been mined so far. Bitcoin’s supply is issued through mining, where computers validate transactions andContinue Reading
Bitcoin’s recent price volatility has led many to wonder if large-scale bitcoin hodlers are taking advantage of price dips to accumulate more bitcoin. While some metrics may initially suggest an increase in long-term holdings, a closer examination reveals a more nuanced story, especially after the current prolonged period of choppyContinue Reading
