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Huobi’s HUSD Stablecoin Loses Dollar Peg
Huobi’s HUSD Stablecoin Loses Dollar Peg

According to data from CoinMarketCap, HUSD is the most recent stablecoin to lose its 1:1 parity with the U.S. dollar, as it fell by 15% on August 18th. HUSD is an ERC-20 token on the Ethereum blockchain and has been marketed as a secure stablecoin that combines the

News  •  Markets  •  Aug 18, 2022
Monochrome Set to Release a Spot Bitcoin ETF in Australia
Monochrome Set to Release a Spot Bitcoin ETF in Australia

Monochrome Bitcoin Fund is scheduled to launch a spot Bitcoin ETF in Australia with unique regulatory approval according to the Financial Standard. The fund's custodial partner, Vasco Trustees, received the required license and additional accreditation from the Australian Financial Services (AFS) through the Australian Securities and Investments Commission

News  •  Bitcoin  •  Aug 17, 2022
Stronghold Sells 26,000 Bitcoin Miners To Eliminate Debt
Stronghold Sells 26,000 Bitcoin Miners To Eliminate Debt

Stronghold Digital Mining (SDIG), a Bitcoin mining company based in the U.S., revealed plans to reduce outstanding debt and restructure its financial operations on August 16th, 2022. The company intends to release approximately 26,200 of its mining rigs, where 18,700 are currently running, under an agreement with

News  •  Bitcoin  •  Aug 17, 2022
Galaxy Digital Terminates Acquisition of BitGo
Galaxy Digital Terminates Acquisition of BitGo

Galaxy Digital Holdings Ltd. (TSX: GLXY) run by the well known Mike Novogratz, has announced that the company will be reorganizing to become a Delaware-based company along with terminating their deal to acquire BitGo, an institutional digital asset platform.  Galaxy, which is headquartered in New York and has offices in

News  •  Bitcoin  •  Aug 16, 2022
Houston Texans Are the First NFL Team To Accept Bitcoin as Payment for Suite
Houston Texans Are the First NFL Team To Accept Bitcoin as Payment for Suite

On August 16th, 2022, the Houston Texans announced a partnership with Houston-based Bitcoin and cryptocurrency company BitWallet to serve as the team’s official digital currency wallet. Texans fans will now have the option to use Bitcoin and other cryptocurrencies through BitWallet to buy single-game suites. The Texans are currently

News  •  Bitcoin  •  Aug 16, 2022
Huobi’s HUSD Stablecoin Loses Dollar Peg
Huobi’s HUSD Stablecoin Loses Dollar Peg

According to data from CoinMarketCap, HUSD is the most recent stablecoin to lose its 1:1 parity with the U.S. dollar, as it fell by 15% on August 18th. HUSD is an ERC-20 token on the Ethereum blockchain and has been marketed as a secure stablecoin that combines the

News  •  Markets  •  Aug 18, 2022
Featured Articles 4 Articles
Business View All
Tether CEO Pushes Back After S&P Downgrades USDt To Lowest Rating
Tether CEO Pushes Back After S&P Downgrades USDt To Lowest Rating

Tether CEO Paolo Ardoino rejected S&P’s USDt downgrade as misguided and based on outdated legacy models.

JPMorgan Prepares Structured Notes Linked to BlackRock’s IBIT With Defined Return Parameters
JPMorgan Prepares Structured Notes Linked to BlackRock’s IBIT With Defined Return Parameters

JPMorgan plans a structured note tied to BlackRock’s IBIT ETF with fixed returns, downside limits, and potential 1.5x gains through 2028.

Measuring Success by Sats per Share Versus Share Price
Measuring Success by Sats per Share Versus Share Price

Mike Crosbie, COO at B HODL, writes that success for a Bitcoin treasury company is defined by growing Sats per Share, not its fiat share price.

Strategy Counters MSCI FUD Tied to October 10th Bitcoin Crash
Strategy Counters MSCI FUD Tied to October 10th Bitcoin Crash

Analysts say MSCI’s review of Bitcoin-heavy companies may have been a key factor behind the sharp market drop on October 10th.

Politics View All
Turkmenistan Approves New Law for Bitcoin and Digital Asset Operations
Turkmenistan Approves New Law for Bitcoin and Digital Asset Operations

Turkmenistan has enacted a new law regulating Bitcoin and digital asset activities with licensing requirements and defined legal status.

Texas Buys $5 Million in Bitcoin in First State-Level Purchase of BlackRock’s Spot ETF
Texas Buys $5 Million in Bitcoin in First State-Level Purchase of BlackRock’s Spot ETF

Texas bought $5 million of Bitcoin through BlackRock’s IBIT ETF as its first step toward a state Strategic Bitcoin Reserve.

New Hampshire Authorizes $100 Million Bitcoin-Backed Municipal Bond
New Hampshire Authorizes $100 Million Bitcoin-Backed Municipal Bond

New Hampshire approved a $100 million Bitcoin-backed municipal bond, the first government use of this collateral model.

Taiwan’s Central Bank To Study Bitcoin as Possible Reserve Asset
Taiwan’s Central Bank To Study Bitcoin as Possible Reserve Asset

Taiwan’s central bank will study Bitcoin as a reserve asset in a pilot led by Dr. Ju-chun Ko with support from JAN3 and Samson Mow.

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