Bitcoin News
No, BlackRock Can’t Change Bitcoin
Recently, BlackRock released an educational video explaining Bitcoin, which I thought was great—it's amazing to see Bitcoin being discussed on such a massive platform. But, of course, Bitcoin X (Twitter) had a meltdown over one specific line in the video: "There is no...
We Need In-Kind Redemptions For The Spot Bitcoin ETFs
Follow Frank on X. On a recent episode of the Coinage podcast, guest SEC Commissioner Hester Peirce said that she is open to reconsidering in-kind redemptions for spot bitcoin ETFs. (For those who aren’t familiar with the term “in-kind redemption,” it refers to the...
Bought Bitcoin at $108,000? Don’t Panic
Bitcoin’s price is down over 10% from its all-time high and its critics are taking victory laps this week as bitcoin has plummeted all the way back to… $97,000. It is still practically almost $100,000 for a single bitcoin. It is crazy to me to think that the “dip” is...
I don’t support a Strategic Bitcoin Reserve, and neither should you
Recently, the notion of a Strategic Bitcoin Reserve has begun to animate Bitcoiners. Trump has advocated for holding a stockpile of seized Bitcoins, but certain proposals have gone further. Now, draft legislation like Senator Lummis’ BITCOIN Act proposes that the US...
It’s Time to Admit It – There Are Only 2.1 Quadrillion Bitcoins
If the above statement offends you, you might not have read the Bitcoin source code. Follow Rizzo on X. https://x.com/pete_rizzo_/ Of course, I’m sure you’ve heard that there are 21 million...
Exploring Six On-Chain Indicators to Understand the Bitcoin Market Cycle
With Bitcoin now making six-figure territory feel normal and higher prices a seeming inevitability, the analysis of key on-chain data provides valuable insights into the underlying health of the market. By understanding these metrics, investors can better anticipate...
Bitcoin Investors Are Now Up $67,000 On Average – And This Is Just The Start
According to Whale Alert, the average profit per BTC is at an all-time high of $67,088, at the time of writing. “The Potential Profit per Token graph shows the potential profit that holders could make per token if they sold at a specific time,” Whale Alert’s website...
Foundation Introduces Passport Prime: Bitcoin Wallet And Data Security Device
On Wednesday, December 19, 2024, Foundation announced the release of its newest device, the Passport Prime. Introducing Passport Prime – Your Personal Security Platform! We’re thrilled to present Passport Prime, the world’s first personal security platform designed to...
Bukele Is The President of El Salvador, Not Bitcoin
As a condition of a new IMF loan package, President Bukele of El Salvador has had to concede three aspects of the Bitcoin Law passed in 2021: A legal tender mandate requiring businesses to accept Bitcoin Shutting down Chivo, the state run wallet and on/off ramp...
Vancouver’s Mayor Shares His Pro-Bitcoin Vision
Vancouver’s Mayor, Ken Sim, is a genuine Bitcoin enthusiast who’s doing his part to get Vancouver’s city council as well as its citizens to see what he sees when it comes to Bitcoin. And his efforts are starting to bear fruit. On December 11, 2024, the Vancouver City...
Don’t Fall for the Bitcoin Crash – It’s Just a Breather
If you've been watching bitcoin, you probably noticed the pullback yesterday. It dropped from $108,000 to $99,000 after the FOMC meeting, where the Fed cut rates, and Jerome Powell, the Fed Chair, when asked about the Strategic Bitcoin Reserve, said: "We're not...
The IMF Just Improved El Salvador’s Bitcoin Law
Follow Aaron on Nostr or X. The IMF yesterday announced they have reached a $1.4 billion loan deal with El Salvador. In return, the Central American country that in 2021 made bitcoin legal tender had to remove some of its pro-Bitcoin policies. I spent about three...
Human Rights Foundation Donates 700,000,000 Satoshis To Fund Bitcoin Development And Projects
Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, in a press release sent to Bitcoin Magazine. 700,000,000 satoshis (7 BTC) currently worth $706,000 at the time of writing, is being granted across 20 different...
Self Custody For Me, But Not For Thee
One counter-argument against pushing for greater scalability with Bitcoin is that “most people won’t self-custody anyway, so why bother?” This is a wildly assumptive, arrogant, and outright fallacious argument. It is the same type of logical fallacy that human beings...
BlackRock’s New Bitcoin Ad Is A Monumental Paradigm Shift
Follow Nikolaus On 𝕏 Here For Daily Posts Yesterday, BlackRock released a new video aimed at educating people interested in Bitcoin on the asset class. The video is quite good, honestly. I think they took inspiration from Saifedean Ammous’ book “The Bitcoin...
What is the Bitcoin Puell Multiple Indicator and How Does It Work?
In the world of Bitcoin investing, understanding market cycles is key to identifying buying opportunities and spotting potential price peaks. One indicator that has stood the test of time in this regard is the Puell Multiple. Originally created by David Puell, this...
Nic Carter Is Wrong About the US Strategic Bitcoin Reserve
When I saw Nic Carter's recent Bloomberg interview, I couldn't help but shake my head. Nic, who's been a long-time Bitcoiner and someone I respect, said that the US shouldn't—and won't—buy Bitcoin for its strategic reserves because it would supposedly signal weakness...
Youngest Ever Bitcoin Core Contributor Gets Bitcoin Scholarship
Chaincode Labs, a privately funded Bitcoin research and development centre based in New York City, has awarded its inaugural Bitcoin Scholarship to 17-year-old Ishaana Misra, the youngest contributor to Bitcoin Core in the technology's 15-year history. Misra was...
China May Be On the Verge of Ending Its Bitcoin Ban
Look, I think it's only a matter of time before China pulls a complete 180 on its Bitcoin ban. Yes, they outlawed trading and mining back in 2021, but honestly, a lot has changed since then — especially this year. Bitcoin's momentum globally has been insane. We've...
The Unit Denomination of Bitcoin Does Not Need To Change
Follow Nikolaus On 𝕏 Here For Daily Posts Last week, long-time Bitcoiner John Carvalho introduced a new Bitcoin Improvement Proposal (BIP) aimed at addressing the unit bias issue many people face when first finding bitcoin. “This BIP proposes redefining the...
Mathematically Predicting the Bitcoin Price Bull Cycle Peak
The Bitcoin bull market is heating up, and investors are eagerly searching for data-driven insights into when the next Bitcoin price peak could occur and how high Bitcoin may climb. In a recent analysis video published by Bitcoin Magazine Pro, lead analyst Matt Crosby...
Gridless Is Mining Bitcoin While Fostering Human Flourishing In Africa
Company Name: Gridless Founders: Janet Maingi, Erik Hersman and Philip Walton Date Founded: August 2022 Location of Headquarters: United States | Operations in Kenya, Malawi and Zambia Number of Employees: 10 Website: https://gridlesscompute.com/ Public or Private?...
Buying Bitcoin Is Easy, HODLing Is the Hard Part
Follow Nikolaus On 𝕏 Here For Daily Posts HODLing bitcoin is so simple, yet it’s one of the most difficult and challenging things to do. HODLing bitcoin is a choice. You have to wake up every day and choose to continue HODLing BTC. When you have every reason...
Bitcoin or University: Which Investment Yields Greater Financial Freedom?
A university education is often considered to be the best path to superior lifetime earnings and financial freedom. Actual earnings seem to bear this out. People with a four-year degree make far more over their lifetimes than those without—about 75% according to this...