Author: admin
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China’s Bitcoin Ban Is The Unnoticed Geopolitical Event Of The Decade
It may be under appreciated just how badly the autocratic government of China blundered with bitcoin. The political and economic sun has been rising in the East over the past century with China playing an increasingly important role in global geopolitics. Despite this trend, I have long been skeptical of China’s centralized and autocratic governance…
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Bitcoin Hashrate Nears All-Time High Captured in May — BTC Mining Rigs Produced in 2016 Still Profitable
While bitcoin’s value has remained well above the $60K range, the network’s hashrate has surged to over 184 exahash per second (EH/s) as mining devices are far more profitable at these prices. The price has made it so that older generation mining devices manufactured over four years ago, with processing power of more than 8…
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Discussing Bitcoin And V For Vendetta
A group of movie-loving Bitcoiners discuss parallels between our current society and the society in “V For Vendetta”. Watch This Episode On YouTube Watch/Listen To This Episode: BitcoinTV Rumble Spotify Apple Google Libsyn Overcast Read The Full Transcript Below: [00:00:08] CK: What’s up Lauren, how’s it going? [00:00:09] LS: Hey, how are you? I’m pretty…
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Wall Street Journal Reporter Chastised Over Satoshi Nakamoto ‘Unmasking’ Editorial
During the last week, mainstream media outlets have been publishing reports that say “Bitcoin’s creator Satoshi Nakamoto could be unmasked at [a] Florida trial.” Alongside this, the name “Satoshi Nakamoto” has been trending in people’s discussions on social media for the last few days as well. The Internet Is Buzzing Over Conversations Concerning Bitcoin’s Mysterious…
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Senators Seek To Amend Bitcoin Reporting Changes In Infrastructure Bill
A bipartisan team of US senators is introducing a bill to clarify what entities should report cryptocurrency transactions to the IRS. A bipartisan team of U.S. senators is introducing a bill to restrict tax reporting rules present in the infrastructure bill, which is set to become law today. The infrastructure bill’s text extends cash-focused section…
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Bitnomial Launches Margined, ‘Physically’ Settled Bitcoin Futures In The US
The US-based futures with a 35% margin are settled in actual bitcoin instead of cash, eliminating the need for bilateral trades. Bitnomial has launched U.S.-based, “physically” settled bitcoin futures with a 35% margin. The contracts allow for efficient basis trading, eliminating the need to execute bilateral trades to unwind positions. The new offering also enables…
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Indian Parliament Committee Discusses Crypto Regulation With Industry Experts
India’s parliamentary committee on finance has held a meeting with representatives from the crypto industry and other stakeholders on cryptocurrency and its oversight. “There was an understanding that cryptocurrency can’t be stopped but it must be regulated” and “There was a consensus that a regulatory mechanism should be put in place to regulate cryptocurrency.” First…
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VanEck Bitcoin Futures ETF To Launch Tomorrow
VanEck’s bitcoin-linked ETF will be the third to launch in US markets while the SEC refuses to allow a spot offering. The third bitcoin futures ETF to launch in the U.S. will go live tomorrow. The VanEck Bitcoin Strategy ETF will launch on Cboe as the SEC rejected the asset manager’s spot offering last week.…
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Marathon Plans to Raise $500 Million From Convertible Senior Notes to Buy Bitcoin and Mining Rigs
On Monday, the enterprise bitcoin mining operation Marathon Digital Holdings announced the firm will raise $500 million from convertible senior notes in order to accrue more “bitcoin or bitcoin mining machines.” Publicly-Listed Mining Operation to Raise $500M From Debt Markets to Purchase Bitcoin and ASIC Devices Marathon (Nasdaq: MARA), is one of the largest U.S.…
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Marathon Digital to Raise $500M in Convertible Notes to Purchase Bitcoin and Bitcoin Miners
Today Marathon Digital Holdings, one of the largest publicly-traded Bitcoin miners in North America, announced a proposed convertible senior notes offering. Today Marathon Digital Holdings, one of the largest publicly-traded Bitcoin miners in North America, announced a proposed convertible senior notes offering. The firm plans to offer $500,000,000 aggregate principal of convertible senior notes due…