Announcement
Grayscale Records $500M Inflow in a Single Day
Grayscale Records $500M Inflow in a Single Day

Between December 22nd and 23rd, the, digital currency asset manager Grayscale added half a billion dollars to its investment products, the majority of which flowed into the Grayscale Bitcoin Trust (GBTC). At press time, Grayscale counts $16.4 billion in assets under management. Grayscale has served as one of the

News  •  Markets  •  Dec 22, 2020
FinCEN Proposes Enhanced AML Rules for Non-Custodial Wallets
FinCEN Proposes Enhanced AML Rules for Non-Custodial Wallets

In late November, Coinbase chief executive Brian Armstrong warned that the U.S. Treasury was looking to crack down on "self-hosted" cryptocurrency wallets. Armstrong suggested that from what he has heard, the Treasury was going to mandate exchanges to take the information of users looking to withdraw capital

News  •  Bitcoin  •  Dec 17, 2020
Bitcoin Won't Dethrone Gold: Goldman Sachs
Bitcoin Won't Dethrone Gold: Goldman Sachs

Bitcoin's recent rally to a new all-time high above $23,000 has drawn attention to the asset, as analysts and institutional investors increasingly liken Bitcoin to gold. The latter doesn't need to fear for its safe haven status, however, according to Goldman Sachs Group. As reported

News  •  Economy  •  Dec 17, 2020
"Bitcoin Should Be Worth About $400,000" - Guggenheim Investments CIO
"Bitcoin Should Be Worth About $400,000" - Guggenheim Investments CIO

Scott Minerd, Chief Investment Officer of asset management and investment advisory firm Guggenheim Investments, believes Bitcoin is severely undervalued. In a video published by Bloomberg TV on Wednesday, Minerd shared that the firm had "started allocating toward Bitcoin when Bitcoin was at $10,000," adding that he was

News  •  Markets  •  Dec 15, 2020
Turning the Counter-Revolutionaries
Turning the Counter-Revolutionaries

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

Opinion  •  Economy  •  Dec 15, 2020
Grayscale Records $500M Inflow in a Single Day
Grayscale Records $500M Inflow in a Single Day

Between December 22nd and 23rd, the, digital currency asset manager Grayscale added half a billion dollars to its investment products, the majority of which flowed into the Grayscale Bitcoin Trust (GBTC). At press time, Grayscale counts $16.4 billion in assets under management. Grayscale has served as one of the

News  •  Markets  •  Dec 22, 2020
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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