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U.S. Senators Express Outrage Over Fidelity Investments Bitcoin 401(k) Retirement Option
U.S. Senators Express Outrage Over Fidelity Investments Bitcoin 401(k) Retirement Option

Three U.S. senators wrote an open letter to the CEO of Fidelity Investments to express their disapproval of the firm's recent introduction of a Bitcoin 401(k) retirement plan. Senators Elizabeth Warren, Tina Smith, and Richard Durbin said it was “immensely troubling” that Fidelity offered exposure to

News  •  Bitcoin  •  Jul 28, 2022
Joint Venture Komainu Receives Provisional License for Bitcoin and Crypto Services in Dubai
Joint Venture Komainu Receives Provisional License for Bitcoin and Crypto Services in Dubai

Institutional digital asset custody provider Komainu announced provisional regulatory approval from the Government of Dubai's Virtual Assets Regulatory Authority (VARA) to begin operational readiness. In the meantime, the company’s application will go through due diligence in accordance with VARA requirements. As a result, the company only has

News  •  Bitcoin  •  Jul 27, 2022
‘Bitcoin Stackchain’ Exceeds $160K in a Single Week
‘Bitcoin Stackchain’ Exceeds $160K in a Single Week

A Bitcoin community-driven meme packed quite the punch as a chain of Bitcoin buys have stacked over $160,000 or approximately 7 BTC within less than seven days in what is called, a “stackchain.” Here is the original tweet from @AriZonanHODL: Bitcoiners from around the world supported the movement as

News  •  Bitcoin  •  Jul 26, 2022
Senate Bill Would Cut Taxes on $50 Bitcoin and Crypto Payments
Senate Bill Would Cut Taxes on $50 Bitcoin and Crypto Payments

On July 26th, 2022, Senators Patrick Toomey (R-PA) and Kyrsten Sinema (D-AZ) introduced a bill to the U.S. Senate that would exempt Bitcoin and cryptocurrency transactions up to $50 from capital gains taxes.  Reactions from Twitter toward the announcement have varied from supportive to many suggesting methods for performing

News  •  Bitcoin  •  Jul 26, 2022
Brazil’s Largest Investment Broker Will Offer Bitcoin Trading
Brazil’s Largest Investment Broker Will Offer Bitcoin Trading

XP Inc., Brazil’s largest investment broker by market value, will begin offering Bitcoin trading next month. In a report released by Reuters, the company said it will list Bitcoin on its trading platform, Xtage, by mid-August. According to Lucas Rabechini, the company’s director of financial products, there are

News  •  Bitcoin  •  Jul 26, 2022
U.S. Senators Express Outrage Over Fidelity Investments Bitcoin 401(k) Retirement Option
U.S. Senators Express Outrage Over Fidelity Investments Bitcoin 401(k) Retirement Option

Three U.S. senators wrote an open letter to the CEO of Fidelity Investments to express their disapproval of the firm's recent introduction of a Bitcoin 401(k) retirement plan. Senators Elizabeth Warren, Tina Smith, and Richard Durbin said it was “immensely troubling” that Fidelity offered exposure to

News  •  Bitcoin  •  Jul 28, 2022
Featured Articles 4 Articles
Business View All
Tether Investments Outlines Proposed Mergers Involving Twenty One Capital
Tether Investments Outlines Proposed Mergers Involving Twenty One Capital

Tether proposes merging Twenty One Capital with Strike and Elektron Energy to build a broader Bitcoin platform, pending approval.

The Smarter Web Company Reports Bitcoin Purchase and Implements Incentive Plan
The Smarter Web Company Reports Bitcoin Purchase and Implements Incentive Plan

The Smarter Web Company bought 28 Bitcoin for £1.61M (2,778 total) and launched an LTIP tied to long-term share price and market cap targets.

Strategy Reports 3,273 Bitcoin Purchase as Holdings Reach 818,334
Strategy Reports 3,273 Bitcoin Purchase as Holdings Reach 818,334

Strategy bought 3,273 Bitcoin for $255 million, bringing holdings to 818,334, funded entirely through common stock sales.

Capital B Increases Bitcoin Holdings to 2,943 Following €0.4 Million Purchase
Capital B Increases Bitcoin Holdings to 2,943 Following €0.4 Million Purchase

Capital B bought six Bitcoin for €0.4M via an ATM raise, bringing total holdings to 2,943 Bitcoin as it continues its treasury strategy.

Politics View All
Iran Weighs Bitcoin Payments for Strait of Hormuz Transit During Ceasefire
Iran Weighs Bitcoin Payments for Strait of Hormuz Transit During Ceasefire

Iran is considering Bitcoin payments for Strait of Hormuz transit during a ceasefire, aiming to bypass sanctions and maintain control.

SEC Issues Guidance Clarifying Status of Digital Assets and Bitcoin Mining
SEC Issues Guidance Clarifying Status of Digital Assets and Bitcoin Mining

SEC says Bitcoin mining does not meet the definition of a security and classifies Bitcoin as a digital commodity.

Kazakhstan Central Bank Plans up to $350 Million Allocation to Bitcoin and Digital Assets
Kazakhstan Central Bank Plans up to $350 Million Allocation to Bitcoin and Digital Assets

Kazakhstan’s central bank plans to allocate up to $350 million from its reserves to Bitcoin and digital asset–related investments.

Bitcoiners Push Back on Quantum Computing Risk Claims
Bitcoiners Push Back on Quantum Computing Risk Claims

Bitcoiners say quantum computing does not pose an immediate threat and that the network has time to prepare for potential long-term risks.

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