Category: Crypto News

Announced today, Tether, the leading stablecoin issuer, has emerged with a robust balance sheet showcasing ownership of over $2.8 billion in Bitcoin. The information comes to light following an audit conducted by BDO, a renowned auditing firm, as detailed in the official auditor’s report. The audited report provides a...

Today, Volksbank Raiffeisenbank Bayern Mitte eG, a Bavarian cooperative bank with an ~130-year history, has entered into a long-term partnership with terahash.energy GmbH, according to a press release sent to Bitcoin Magazine. The Ingolstadt-based cooperative bank and the young startup, terahash, will collaborate on promoting topics related to Bitcoin...

In Texas, the legacy of mineral rights ownership is a narrative etched into the very bedrock of state history. Passed down through generations like a cherished heirloom, the ownership of mineral rights is more than a legal claim; it is a cultural emblem, a symbol of resilience, and a...

(NASHVILLE, TN – January 30th, 2024) Bitcoin Magazine, in collaboration with Kraken Digital Asset Exchange, is excited to unveil the 2024 Bitcoin Halving Livestream. This celebration, akin to a New Year’s Eve variety show and featuring bitcoin’s biggest names, is dedicated to marking the fourth epoch in Bitcoin’s history....

Anarchy is a very dividing word to many people, inherently drawing the idea into peoples’ heads of complete and unbridled chaos. This is not on any level what Anarchy means. It is simply a system lacking rulers or a central authority, where all cooperation and coordination is done on...

Today, Ten31, a world leading bitcoin technology investor, has announced the Nasdaq Global Market stock exchange listing of its portfolio company, GRIID Infrastructure. This marks the first public listing for a bitcoin-focused investment fund’s portfolio company, according to a press release sent to Bitcoin Magazine. GRIID, a uniquely positioned, vertically...

Today, Google has revised its advertising guidelines, now permitting cryptocurrency trusts, such as Bitcoin Exchange-Traded Funds (ETFs), to promote their products. Spot Bitcoin ETF issuers such as BlackRock and Franklin Templeton have wasted no time in marketing their fund, with advertisements already starting to emerge. This revision comes at...

For the first time since launch, BlackRock’s spot Bitcoin ETF is outpacing the Grayscale Bitcoin Trust (GBTC) in terms of trading volume so far today, according to Bloomberg ETF analyst James Seyffart. BlackRock’s spot Bitcoin ETF volume surpassing GBTC for the first time hints at a slow down in outflows...

Significant shifts are underway in the ecosystem of illicit actors using cryptocurrency. According to a 2023 report by TRM Labs, Bitcoin is no longer the asset of choice for criminals. The report states, “The multi-chain era has had a sweeping impact on the distribution of illicit crypto volume as...

The following is a heuristic analysis of GBTC outflows and is not intended to be strictly mathematical, but instead to serve as a tool to help people understand the current state of GBTC selling from a high level, and to estimate the scale of future outflows that may occur....