Amazing Crypto

In mid-April the creator of the Bitcoin network, Satoshi Nakamoto entered the world’s top 20 richest billionaire list but after bitcoin’s price dropped, the inventor’s wealth plummeted. This week, Nakamoto has once again joined the top 20 richest people on the face of the earth. The last time, Nakamoto made the 19th position, and this… Continue reading Bitcoin’s Unknown Creator Satoshi Nakamoto Is Now the 20th Wealthiest Person on Earth

The digital asset company Bakkt Holdings has completed a merger with a firm called VPC Impact Acquisition Holdings and the combined business will be listed on the New York Stock Exchange (NYSE) on October 18. Bakkt revealed it was aiming to go public last January, and the Bakkt listing on Monday will leverage the ticker… Continue reading Digital Asset Firm Bakkt to Go Public After Completing Merger — BKKT Shares Set to Trade on NYSE Monday

The President of Mexico, Andres Manuel Lopez Obrador, denied having any interest in adopting cryptocurrencies as legal tender in the country. The statements, offered in a press conference in the National Palace this week, also confirmed that the Mexican government will keep dealing with the financial matters of the country in a traditional and orthodox… Continue reading President of Mexico Denies Having Interest in Adopting Bitcoin as Legal Tender

Investment banking and asset management firm JMP Securities says that “The crypto economy is entering the mainstream,” emphasizing that crypto “adoption and early use cases have established ‘escape velocity.” However, the firm’s analysts noted that “the industry is still in its formative stage.” ‘The Crypto Economy Is Entering the Mainstream’ JMP Securities recently published a… Continue reading JMP Securities Sees Crypto Entering the Mainstream, Says Adoption Has Hit Escape Velocity

U.S. Senator Cynthia Lummis said, “Thank God for bitcoin,” during her speech to the Senate about raising the U.S. debt limit. “Bitcoin is not issued by a government, so it is not beholding to the debts that are run up by governments,” she explained. US Senator to Congress: ‘Thank God for Bitcoin’ Senator Cynthia Lummis… Continue reading US Senator Lummis Thanks God for Bitcoin as Congress Discusses Raising Debt Ceiling

As the world’s most liquid asset, bitcoin’s price volatility in times of economic crisis likely reflects its independence, not lack of faith. In March 2020, major stock market indexes saw some of the worst price collapses in decades , as markets confronted the realities of the COVID-19 pandemic. Bitcoin was no exception to these economic… Continue reading Bitcoin’s Unprecedented Liquidity Can Explain Its Price Volatility

The owner of the NBA team Dallas Mavericks, Mark Cuban, has said “no” to investing in bitcoin-based exchange-traded funds (ETFs), one of which could start trading next week in the U.S. The Shark Tank star does not see a reason for him to invest in a bitcoin ETF, emphasizing that he can buy the cryptocurrency… Continue reading Mark Cuban Won’t Invest in Bitcoin ETF, Prefers to Buy BTC Directly

Michael Saylor Interview on The Center Cannot Hold, a show from Bitcoin Magazine podcast. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn RSS In this Bitcoin Magazine Interview with host Alex McShane , MicroStrategy Founder and CEO Michael Saylor discusses initially buying Bitcoin for his firm, number go up mentality vs.… Continue reading Michael Saylor Bitcoin Interview: The Center Cannot Hold

Cornell University’s professor of economics and former head of the IMF’s China division, Eswar Prasad, has warned that “Cryptocurrencies may contribute to monetary and financial instability.” He added that the risk is amplified if the industry is unregulated and lacks investor protection. Economist Sees Crypto Posing Risks to Financial Stability Eswar Prasad, the Nandlal P.… Continue reading Economics Professor Warns ‘Cryptocurrencies May Contribute to Monetary and Financial Instability’

The revelations are simply confirmation for a group that has studied the economic injustices of today intently. The shocking, or not shocking, revelations given by the International Consortium of Investigative Journalists, known as the Pandora Papers , has revealed the truth in what Bitcoiners have been saying for years: The current system is broken. Over… Continue reading The Pandora Papers Reveal What Bitcoiners Already Know

Following the latest report from Cambridge University that shows a large percentage of the Bitcoin network’s hashrate resides in the United States, the CEO of Twitter and Square, Jack Dorsey, has announced that Square is considering building a “bitcoin mining system based on custom silicon.” Square Considers Building a Mining System On the same day… Continue reading Jack Dorsey Says Square Is Considering Building a ‘Bitcoin Mining System Based on Custom Silicon’

Rapid progress in quantum computing could pose a risk to certain types of bitcoin transactions. So how can we combat this risk? Rapid progress in quantum computing is predicted by some to have crucial ramifications in domains using public-key cryptography, such as the Bitcoin ecosystem. Bitcoin’s “asymmetric cryptography” is based on the principle of “one-way… Continue reading Could Advanced Quantum Computing Pose A Risk To Bitcoin Security?

We may see a physically-settled, spot Bitcoin ETF on the market sooner than later, as Grayscale announces intention to file early next week. We could have the first spot Bitcoin ETF on the market near the end of this year, as Grayscale intends to file for SEC approval for its product by “early next week,”… Continue reading A Grayscale Bitcoin Spot ETF Could Be Right Around The Corner

Bitcoin offers the ability to decouple oneself from the state, offering financial access to everyone equally. Bitcoin transcends the nation-state and all expectations that come along with being associated with a fiat standard. Let’s talk about what it means to be a state currency so that we can understand Bitcoin’s transcendence. How Fiat Is The… Continue reading Bitcoin: The Stateless Emergence

As the end of 2021 nears, Ross Ulbricht remains in prison as he continues to serve his draconian double-life prison sentence for creating a website called the Silk Road. Ever since he was arrested, there’s been an ongoing effort to free Ulbricht, as a great majority of individuals and a large swathe of eminent organizations… Continue reading The Ongoing Effort to Free Ross — Ulbricht’s Clemency Petition Closes in on Half a Million Signatures