BlackRock CEO Larry Fink Says He’s “Very Bullish On The Long Term Viability of Bitcoin”
BlackRock CEO Larry Fink has made bullish remarks about Bitcoin today on Fox Business, stating that their spot Bitcoin ETF, $IBIT, is experiencing unprecedented growth, making it the fastest-growing ETF ever. JUST IN: BlackRock CEO Larry Fink says their spot #Bitcoin ETF “is the fastest growing ETF in the...
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Bitcoin ETF Demand Surges, Outpacing Supply by 600%
The demand for US spot Bitcoin ETFs surged significantly on Tuesday, outpacing the new supply created daily by miners by a remarkable 614%, according to Gayatri Choudry, Quantitative Research Analyst at Bitwise Asset Management. Demand from US BTC ETFs exceeds new BTC supply by 7x pic.twitter.com/OCU5D19rpf — Gayatri (@GayatriPC_) March 27,...
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On the Brink of a Dramatic Change: The Digitalization of Money
“What underpins a world order is always the financial system. We are on the brink of a dramatic change where we are about to, and I’ll say this boldly, abandon the traditional system of money and accounting and introduce a new one. And the new one is what we...
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Senator Cynthia Lummis to Speak in Washington D.C. on US Competitiveness in Bitcoin Mining
Per a press release sent to Bitcoin Magazine, United States Senator Cynthia Lummis (R-WY) is set to appear in Washington D.C. alongside Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ:MARA), to discuss the importance of maintaining the competitiveness of bitcoin mining in the United States. News of Lummis’s participation...
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Bitcoin ETFs Saw an Impressive $418 Million Rebound After Recent Outflows
Bitcoin U.S. spot ETFs saw a remarkable reversal this week, with a massive $418 million net inflow on Tuesday. This comes after the ETFs experienced 5 straight days of net outflows last week during Bitcoin’s dip below $60,000. NEW: #Bitcoin ETFs saw a $418 million net inflow yesterday following...
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Nigerian Binance Executive Escapes Custody, Deepening Ongoing Feud
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. In Nigeria, home of the largest digital asset economy in...
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Neutronpay Receives $1.5M Funding to Expand Bitcoin Lightning Network in Southeast Asia
Bitcoin Lightning Network company Neutronpay has secured a $1.5 million bridge funding round led by Axiom Capital, according to a press release sent to Bitcoin Magazine. This investment is to help Neutronpay bring instant and cost-effective payment solutions in Southeast Asia’s digital economy with Bitcoin. “We are delighted to continue to...
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Argentinians Buy Bitcoin to Combat Inflation, Pass Friendly Legislation
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. As the Argentine economy is racked by record inflation, its...
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Super Testnet Introduces Hedgehog: A Protocol For Asynchronous Layer 2 Bitcoin Payments
Today, a freelance developer focused on Bitcoin and the Lightning Network, Super Testnet, unveiled his latest invention, Hedgehog, a protocol for asynchronous layer two bitcoin payments. “This is a protocol similar to the Lightning Network,” Super Testnet stated. “And that it is a layer 2 for Bitcoin payments, only...
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Bitcoin: The Tree of Bytes
The blockchain truly is a marvelous piece of technology. A mechanism to timestamp the order of digital information without needing to depend on a centralized operator. A decentralized mechanism with no one in charge, that provides undeniably cryptographic guarantees around what data was added to the temporal record in...
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