Bitcoin News / Bitcoin Magazine - 3 months ago
Gryphon Digital Mining, Inc. (NASDAQ: GRYP) has taken a big step in lowering its power costs by acquiring Bitcoin mining operations in Louisiana that leverage ultra low-cost electricity at approximately $0.01 per kilowatt hour (kWh). Gryphon Acquires...
Bitcoin News / Bitcoin Magazine - 3 months ago
Multisig bitcoin vault maker Theya announced yesterday it will enable US users to purchase bitcoin through their app and have it sent directly to self-custody via hardware wallets like Ledger, Trezor, Foundation and ColdCard or through its multisig v...
Bitcoin News / Bitcoin Magazine - 3 months ago
Bitcoin technology is impressive for just how many fundamental problems with money it solves. One advantage of bitcoin that is often touted is that it provides for final settlement of transactions. Final settlement means that, once a transaction is m...
Bitcoin News / Bitcoin Magazine - 3 months ago
Miami-based Bitcoin startup TMRW has raised $1.3 million in pre-seed Funding to develop its social payments app powered by the Bitcoin Lightning Network. Maple VC led the funding round, and Bitcoin angel investors like Brad Mills joined the round.TMR...
Bitcoin News / Bitcoin Magazine - 3 months ago
The notorious Mt. Gox exchange has made its first major Bitcoin transaction in weeks, shifting over $700 million worth of BTC to unknown wallets.According to data tracked by Arkham Intelligence, Mt. Gox moved 12,000 BTC worth $709 million to one addr...
Bitcoin News / Bitcoin Magazine - 3 months ago
Company Name: RiverFounders: Alexander LeishmanDate Founded: February 2019Location of Headquarters: Columbus, OHAmount of Bitcoin Held in Treasury: Proof of reserves launching soonNumber of Employees: 50Website: https://river.com/Public or Private? P...
Bitcoin News / Bitcoin Magazine - 3 months ago
Bitcoin mining has long been embroiled in controversy. From Greenpeace’s high-profile “Change the Code, Not the Climate” campaign to Alex DeVries' exaggerated claims about Bitcoin’s growing "water footprint," the media often portrays Bitcoin mining a...
Bitcoin News / Bitcoin Magazine - 3 months ago
Ledn, a leading digital lending platform, has officially secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group with ~$4.5 billion in client assets, according to a press release sent to Bitcoin Magazine....
Bitcoin News / Bitcoin Magazine - 3 months ago
Metaplanet, a publicly traded Japanese company, has purchased another ¥500 million ($3.7 million) worth of bitcoin. This latest buy comes after the firm secured a ¥1 billion loan last week to acquire Bitcoin.JUST IN: ???????? Japanese public company...
Bitcoin News / Bitcoin Magazine - 3 months ago
The Democratic Party's official 2024 platform was released today on day one of the Democratic National Convention (DNC), without any mention of Bitcoin or cryptocurrency. This decision aligns with the past four years of the Biden-Harris administratio...
Bitcoin News / Bitcoin Magazine - 3 months ago
Bitwise Asset Management has announced the acquisition of London-based ETC Group, the issuer of Europe’s largest physical Bitcoin ETP (BTCE), according to a press release sent to Bitcoin Magazine. This acquisition not only expands Bitwise’s global fo...
Bitcoin News / Bitcoin Magazine - 3 months ago
In the Name of FreedomNeutral money like bitcoin preserves economic liberty. It respects individual freedom. It silently advocates for property rights. Whether you’re an individual or a business, it gives you complete empowerment over your decisions...
Bitcoin News / Bitcoin Magazine - 3 months ago
A milestone has been reached in Bitcoin's supply schedule - 94% of the total Bitcoin supply has now been issued through mining. Out of a hard-capped total of 21 million BTC, over 19.74 million have been mined so far....
Bitcoin News / Bitcoin Magazine - 3 months ago
Bitcoin's recent price volatility has led many to wonder if large-scale bitcoin hodlers are taking advantage of price dips to accumulate more bitcoin. While some metrics may initially suggest an increase in long-term holdings, a closer examination re...
Bitcoin News / Bitcoin Magazine - 3 months ago
₿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...
Bitcoin News / Bitcoin Magazine - 3 months ago
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...
Bitcoin News / Bitcoin Magazine - 3 months ago
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 facilitati...
Bitcoin News / Bitcoin Magazine - 3 months ago
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 val...
Bitcoin News / Bitcoin Magazine - 3 months ago
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...
Bitcoin News / Bitcoin Magazine - 3 months ago
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 t...
Bitcoin News / Bitcoin Magazine - 3 months ago
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 l...
Bitcoin News / Bitcoin Magazine - 3 months ago
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 Ho...
Bitcoin News / Bitcoin Magazine - 3 months ago
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...
Bitcoin News / Bitcoin Magazine - 3 months ago
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...
Bitcoin News / Bitcoin Magazine - 3 months ago
The State of Wisconsin Investment Board (SWIB) has increased its investment in BlackRock's iShares Bitcoin Trust (IBIT), according to a new SEC filing today, as first reported on X by MacroScope. In an SEC filing today, the State of Wisconsin Investm...
