Official: Bitcoin Reaches New All Time High
In a momentous surge, Bitcoin has officially smashed through its previous all-time high, surpassing the $69,000 mark. This milestone comes as Bitcoin continues its remarkable ascent after spot Bitcoin Exchange Traded Funds (ETFs) were approved by the U.S. Securities and Exchange Commission, leading to a consistent large influx of...
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MicroStrategy To Raise $600 Million To Buy More Bitcoin
MicroStrategy Incorporated (Nasdaq: MSTR) has announced its plans to offer $600 million aggregate principal amount of convertible senior notes due 2030 in a private offering to qualified institutional buyers. The offering is subject to market conditions and other factors, with the potential to increase by an additional $90 million....
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Bitdeer Announces New 4nm Bitcoin Mining Chip SEAL01
Bitdeer, a leading technology firm specializing in Bitcoin mining and high-performance computing, has unveiled the SEAL01, a new mining chip built on a 4-nanometer process technology. The SEAL01 chip boasts a power efficiency ratio of 18.1 J/TH, aiming to set a new standard for energy-efficient Bitcoin mining. Bitdeer has...
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Generation Bitcoin to Unite Student Groups in Worldwide Network
At Bitcoin Atlantis, non-profit organization Generation Bitcoin announced the launch of the Bitcoin Students Network (BSN), an initiative aimed at empowering students to learn about and contribute to the Bitcoin space. BSN, presented by Generation Bitcoin, operates as a one-stop platform providing logistical, educational, and financial resources to students...
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Will Bitcoin Transform into Just Another Stock Amidst Institutional Surge and ETF Integration?
Steering through a sea of change in the crypto market, the investment game is experiencing a seismic shift. Spot Bitcoin ETFs already exist, signaling Bitcoin’s leap into mainstream finance and knitting it closer to conventional investment fabrics. We’ll look at the tip of the iceberg trying to imagine its...
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US Government Continues Bitcoin Seizures, Controls Nearly 1% of Circulating Supply
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. The United States federal government has once again added to...
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Final Agreement On EIA Emergency Survey Released
The final agreement between the Texas Blockchain Council & Riot Platforms, Inc., and the Energy Information Administration has just dropped, and it’s a good one. In sum, the EIA will voluntarily terminate the illegal EIA-862 collection action they initiated, and they will commit to destroying all the information that...
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BITPACS: Emulating DAOs on Bitcoin
I wanted to share some thoughts on a seemingly overlooked innovation that has come to Bitcoin within the last year, called Bitpacs. Bitpac stands for a Bitcoin Based Publicly Auditable Cooperative. Bitpacs are essentially normal bitcoin multisig wallets with the additional introduction of public auditability. Traditionally in a multisig...
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Wells Fargo and Bank of America’s Merrill Are Now Offering Spot Bitcoin ETFs To Clients
Bank of America Corp.’s Merrill Lynch and Wells Fargo & Co.’s brokerage unit have begun offering access to exchange-traded funds (ETFs) that directly invest in Bitcoin, according to Bloomberg Law. JUST IN: Wells Fargo and Bank of America’s Merrill are offering spot #Bitcoin ETFs to wealth clients 🚀 pic.twitter.com/Lr3oD5XgrR...
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BlackRock’s Spot Bitcoin ETF To Start Trading in Brazil Tomorrow
BlackRock’s spot Bitcoin exchange-traded fund (ETF) is poised to make its debut in Brazil tomorrow, according to a report from the largest financial market news platform in Brazil, InfoMoney. The launch follows the announcement by BlackRock that the Brazilian Depositary Receipts (BDRs) of its iShares Bitcoin Trust ETF (IBIT39) will begin...
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