₿trust, an initiative committed to supporting open-source Bitcoin developers based in the Global South, has announced the recipients of its Q3 Starter Grants and the new members of its ₿trust Open-Source Cohort. 1/ 📢 Announcing the ₿trust Q3 Grants! We’re excited to announce the recipients of our Q3, 2024 ₿trustContinue Reading
Coinbase has reported that updated 2Q 2024 13-F filings indicate a notable increase in institutional inflows into U.S. spot Bitcoin ETFs, which the company views as a “promising indicator” for the Bitcoin market. The 13-F filings, released on August 14, reveal that institutional ownership of these ETFs grew from 21.4% to 24.0%Continue Reading
The Lava Loans protocol (v2) is a scheme designed by Lava building upon Discreet Log Contracts (DLCs) to facilitate a trustless Bitcoin collateralized loan system. The huge implosion in the market last cycle caused by centralized platforms facilitating Bitcoin backed loans showed that left unchecked, such products and services canContinue Reading
Recent data from Bitcoin Magazine Pro shows a significant trend among Bitcoin holders: nearly 75% of all circulating Bitcoin has remained dormant for over six months. This strong HODLing behavior reflects a steadfast belief in Bitcoin’s long-term value, despite market fluctuations. Bitcoin Magazine Pro X The “HODL Waves” chart, aContinue Reading
South Korea’s National Pension Service (NPS) has purchased $34 million worth of shares in MicroStrategy, the business intelligence firm that has accumulated billions in Bitcoin. JUST IN: 🇰🇷 South Korean pension fund reports buying $34 million in MicroStrategy shares. pic.twitter.com/Sg5cRAkjzZ — Bitcoin Magazine (@BitcoinMagazine) August 16, 2024 According to aContinue Reading
A short and cryptic tweet sparked a frenzy in X circles late Tuesday night when leading global exchange Coinbase hinted at plans to enter the wrapped Bitcoin market. The initial speculation was quickly validated by senior employees who corroborated their excitement for further integration of the Bitcoin asset into theContinue Reading
The Securities and Exchange Commission has approved the launch of MSTX, the first leveraged single-stock ETF targeting MicroStrategy. The ETF will seek to deliver 175% of MicroStrategy’s stock’s daily return. JUST IN: 🇺🇸 SEC approves the first leverage long MicroStrategy ETF. pic.twitter.com/9NYrLh81sD — Bitcoin Magazine (@BitcoinMagazine) August 15, 2024 MSTXContinue Reading
Marathon Digital Holdings, one of the largest publicly traded Bitcoin miners, purchased $249 million more worth of Bitcoin. This latest acquisition expands Marathon’s corporate bitcoin treasury to over 25,000 BTC. JUST IN: 🇺🇸 Marathon Digital Holdings buys 4144 #Bitcoin worth $249 million. pic.twitter.com/PnMm9RLuev — Bitcoin Magazine (@BitcoinMagazine) August 14, 2024Continue Reading
A recent analysis from Bitcoin Magazine Pro showcases the power of dollar-cost averaging (DCA) in Bitcoin compared to traditional assets like gold, Apple stock, and the Dow Jones Industrial Average (DJI). The data reveals that consistently investing $10 weekly into Bitcoin over the last five years would have grown aContinue Reading
Bitcoin continues to provide a massive breakthrough in the digital age by allowing people to transact between each other without third parties. Bitcoin Magazine covered Silent Payments over two years ago to shed light on one of Bitcoin’s shortcomings: privacy. It was a problem then and it still is today…asContinue Reading
