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Draft Bill for Legal Bitcoin Framework in Turkey Ready for Parliament: Deputy Finance Minister
Draft Bill for Legal Bitcoin Framework in Turkey Ready for Parliament: Deputy Finance Minister

Turkey's Deputy Minister of Treasury and Finance Sakir Ercan Gül is set to present a draft bill to parliament providing a regulatory framework for Bitcoin and other cryptocurrencies later this year. Besides setting clear licensing requirements for local exchanges and introducing minimum capital requirements for cryptocurrency companies, the

News  •  Politics  •  Jul 18, 2021
$2 Trillion Investment Firm Takes 12.2% Stake in MicroStrategy
$2 Trillion Investment Firm Takes 12.2% Stake in MicroStrategy

Another multi-trillion asset manager has entered the Bitcoin game: Capital International Investors, a division of Capital Group, which itself is an investment firm with over $2.3 trillion in assets under management, has purchased 953,242 shares in business intelligence firm MicroStrategy, according to an SEC filing released last week.

News  •  Business  •  Jul 13, 2021
People Power
People Power

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

News  •  Bitcoin  •  Jul 12, 2021
HIVE Adds Over 3,000 Bitcoin Miners and 46% Hash Power
HIVE Adds Over 3,000 Bitcoin Miners and 46% Hash Power

Bitcoin miner HIVE Blockchain Technologies has added 3,019 new MicroBT WhatsMiner M30S machines to its fleet. The new additions will boost HIVE's hash rate by around 46%, the company said in an announcement on Monday. The high-performance machines have an aggregate hash rate of 264 petahashes per

News  •  Business  •  Jul 11, 2021
USDC Issuer Circle to Go Public Via $4.5 Billion SPAC Merger
USDC Issuer Circle to Go Public Via $4.5 Billion SPAC Merger

Circle seeks to go public via a merger with a special purpose acquisition company (SPAC) that would place its valuation at $4.5 billion. The news became public on Thursday, when Circle announced the planned merger with Concord Acquisition Corp., making the firm the latest in a list of cryptocurrency

News  •  Business  •  Jul 09, 2021
Draft Bill for Legal Bitcoin Framework in Turkey Ready for Parliament: Deputy Finance Minister
Draft Bill for Legal Bitcoin Framework in Turkey Ready for Parliament: Deputy Finance Minister

Turkey's Deputy Minister of Treasury and Finance Sakir Ercan Gül is set to present a draft bill to parliament providing a regulatory framework for Bitcoin and other cryptocurrencies later this year. Besides setting clear licensing requirements for local exchanges and introducing minimum capital requirements for cryptocurrency companies, the

News  •  Politics  •  Jul 18, 2021
Featured Articles 4 Articles
Business View All
Strategy Establishes $1.44 Billion USD Reserve and Increases Bitcoin Holdings to 650,000 BTC
Strategy Establishes $1.44 Billion USD Reserve and Increases Bitcoin Holdings to 650,000 BTC

Strategy set up a $1.44 billion reserve, raised its Bitcoin holdings to 650,000 Bitcoin, and revised its 2025 outlook.

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.

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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