Cryptocurrency’s rise to mainstream pop-culture phenomenon has certainly transformed the overall blockchain ecosystem for the better; more people than ever before are actively participating and aware of the technology, institutions once rejecting cryptocurrency are investing millions of dollars in it and even “old-money” strongholds such as J.P. Yet, the mainstream acceptance of blockchain technology has […]
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. As we’ve highlighted in previous analyses, the latest bitcoin outflow from exchanges has been relentless over the last month despite a lack of price appreciation. Over the last 30 days, nearly 80,000 bitcoin, worth over $3 billion, […]
One clear point of concern for the IMF is the reverberations felt across the world from the invasion of Ukraine. The result of the invasion led to an influx of bitcoin and other cryptocurrencies flooding into the hands of those that needed it most. Not only can payment disruptions happen with bitcoin, but the IMF […]
However, contrary to what has become the norm in similar offerings around the world, Australia’s first bitcoin ETF would not invest in BTC directly, but rather in shares of Purpose Investment’s bitcoin ETF – North America’s first bitcoin spot ETF that began trading in early 2021. …Read the full story
“They both go higher,” El-Erian answered, but understanding his prediction makes it much more meaningful. “I think the concern for the crypto people is this decline is happening at a time when gold is up and hitting almost $2,000,” El-Erian explained in response to the reporter asking what is happening in the market. El-Erian further […]
The chief executive recently discussed the market need and impending approval for a spot bitcoin ETF during an interview with CNBC, in which he also explained that much of the past concerns by the U.S. The lens he is referring to harkens to a recent approval for the Teucrium Bitcoin Futures ETF. According to Sonnenshein, […]
As Bitcoin 2022 got underway, at the largest gathering of Bitcoiners in the world there stood an impressive 9 foot by 12 foot document that was the first and largest printed version of the Declaration of Monetary Independence . Ironically, many people when informed there were 27 reasons why fiat didn’t work would quip, “Only […]
Riding on Canada’s “Freedom Convoy” protests, Republican Senator Ted Cruz triumphantly took to the stage to embrace Bitcoin in a recent, highly publicized CPAC event. The political pressure proved too much for many, even leading private crowdsourcing platform GoFundMe to cancel a fundraiser after it raised over $10 million for the truckers. The only problem […]
But the number of HODLers we know that have actually put in place a legally sound plan of action ensuring both the sovereignty and privacy of their holdings is very few. Under such circumstances, legal and equitable title must be split between trustee and beneficiary, meaning the grantor necessarily cedes either legal control or, perhaps […]
This article demonstrates the easiest way to Whirlpool your bitcoin so that you can take steps to preserve the censorship-resistant and permissionless attributes of Bitcoin, demonstrating how to install and set up a new Samourai Wallet on Android. Samourai Wallet is a mobile-first, privacy-focused Bitcoin wallet. Using Samourai Wallet in connection with your own Dojo […]
Illiteracy is a peril of the trade for anyone working in the technology sector. Every month there’s another facepalm-inducing moment. It’s the latest in a series of attacks on bitcoin mining by opponents who have failed to do their homework. Energy usage is synonymous with human flourishing, so it’s right that it’s a key focus […]
Perhaps this may sound far-fetched, but there are plenty of advantages that Bitcoin offers both consumers and merchants. When you pay for a product with your credit card at a point of sale, the money doesn’t go directly to the merchant as you may think. From this illustration, you can see that Visa is just […]
We’ve talked about Chaumian Mints in this rag before in the past, specifically MiniMint , and expressed how bullish we are on the concept and the benefits it could bring Bitcoiners in terms of privacy and scalability. Above is a timestamped YouTube video that begins with a keynote speech from Obi Nwosu describing why he […]
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. With bitcoin, and the introduction of a completely transparent set of property rights, you can calculate the realized market capitalization, which values each unit of supply at the price it was last moved across the network. The […]
In general, the Lightning protocol itself still has a long way to go in terms of solving existing issues and becoming robust and scalable enough to serve as a global transactional network on top of Bitcoin. Different implementations are starting to take advantage of this greater freedom than the base layer of Bitcoin, and some […]
Arcane, a leading cryptocurrency market analysis firm, partnered with Opennode, a Lightning Network payment processor, and recently published “The State of Lightning: Bitcoin As A Payment Network.” This is the second volume of data released detailing adoption of Bitcoin’s layer two Lightning Network powered by Opennode. The graph below hints towards a cautionary tale for […]
Bitcoin 2022 was a celebration of all the good that Bitcoin promises from promoting financial inclusion to freeing human potential through sound money free from political corruption. Michael Moro from Genesis Global Trading noted that the first institutions investing were “a guy in a basement with an LLC,” and later, “Silicon Valley venture capitalists and […]
ZEBEDEE, a fintech company focused towards bitcoin-only online gaming and Fumb Gaming, a UK based mobile gaming studio, announced the partnership in a joint press release sent to Bitcoin Magazine. “We originally released Bitcoin Miner about four years ago, when crypto started taking off. “Bitcoin is an amazing technology for human progress. Many view mining […]
The below is from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. We recently received the United States Bureau of Labor Statistics inflation data for the month of March, which came in at a red hot 8.56% year-over-year . Together, the increasing inflation rate and the 10-year treasury yields create what […]
Whereas the Senate bill had only been approved by the Senate’s Economic Affairs Committee , the House bill had already been approved at the Chamber of Deputies. If approved, the draft legislation would head back to the Chamber of Deputies, which already expressed positivity towards the House bill and is the last step before the […]