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Jerome Powell: Bitcoin "a Substitute for Gold," Not the Dollar
Jerome Powell: Bitcoin "a Substitute for Gold," Not the Dollar

The public needs to understand the risks associated with Bitcoin, according to Federal Reserve Chair Jerome Powell. During a webinar hosted by the Bank of International Settlements (BIS) on Monday, Powell said the Fed prefers to refer to cryptocurrencies as "crypto assets" rather than currencies, as their volatility

News  •  Economy  •  Mar 21, 2021
Visa Plans to Enable Bitcoin Payments at 70 Million Merchants
Visa Plans to Enable Bitcoin Payments at 70 Million Merchants

Visa seemingly plans to follow in PayPal's fresh footsteps as it works to adopt Bitcoin. The firm's CEO Alfred Kelly said on Fortune’s Leadership Next podcast on Tuesday that the payment processing behemoth is willing to facilitate not only bitcoin purchases, but also spending functionalities,

News  •  Bitcoin  •  Mar 16, 2021
Teen Behind the Infamous Twitter Hack Sentenced to 3 Years in Prison
Teen Behind the Infamous Twitter Hack Sentenced to 3 Years in Prison

Graham Ivan Clark, the 18-year-old who led the infamous Twitter hack on July 15th last year, pleaded guilty and will have to serve a three-year prison sentence, according to a report by the Tampa Bay Times. Clark was only 17 when he led the attack on Twitter that saw some

News  •  Bitcoin  •  Mar 16, 2021
Canadian Startup MintGreen Closes Seed Round to Monetize Heat from Bitcoin Mining
Canadian Startup MintGreen Closes Seed Round to Monetize Heat from Bitcoin Mining

As Bitcoin receives increased screen time on the global stage for its energy consumption, approaches are being developed around the world to make bitcoin mining more efficient. Vancouver-based clean tech startup MintGreen is working on one such development by recovering waste from Bitcoin mining and selling it via heat offtake

News  •  Business  •  Mar 15, 2021
On-Chain Data Shows That Bitcoin HODLers Have Diamond Hands
On-Chain Data Shows That Bitcoin HODLers Have Diamond Hands

Almost everyone who acquires and holds bitcoin for over three months is in it for the long run. A March 15th report published by blockchain data firm Glassnode states that “more than 95% of spent outputs are younger than 3 months old.” Only 5% of bitcoin that are moved have

News  •  Bitcoin  •  Mar 15, 2021
Jerome Powell: Bitcoin "a Substitute for Gold," Not the Dollar
Jerome Powell: Bitcoin "a Substitute for Gold," Not the Dollar

The public needs to understand the risks associated with Bitcoin, according to Federal Reserve Chair Jerome Powell. During a webinar hosted by the Bank of International Settlements (BIS) on Monday, Powell said the Fed prefers to refer to cryptocurrencies as "crypto assets" rather than currencies, as their volatility

News  •  Economy  •  Mar 21, 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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