Announcement
Bank of Canada: Bitcoin Is "Deeply Flawed" As Payment Method - "Except for Illicit Transactions"
Bank of Canada: Bitcoin Is "Deeply Flawed" As Payment Method - "Except for Illicit Transactions"

While a "digital loonie" is potentially on the horizon for Canada's central bank, Bitcoin very much is not, according to Bank of Canada's Deputy Governor Timothy Lane. In a speech delivered on February 10th, Lane addressed the concept of a central bank digital currency

News  •  Economy  •  Feb 10, 2021
Tesla Buys $1.5B Worth of Bitcoin
Tesla Buys $1.5B Worth of Bitcoin

The bitcoin price is surging higher today as Tesla, the world-famous electric vehicle manufacturer, has moved $1.5 billion from its cash position to bitcoin. According to SEC filings, the firm is buying bitcoin to provide "more flexibility to further diversify and maximize returns on our cash.” It was

News  •  Bitcoin  •  Feb 07, 2021
Bitcoin and Generational Wealth
Bitcoin and Generational Wealth

This article was originally published on Mimesis Capital's Medium account on December 17th, 2020, and has been edited in accordance with our editorial guidelines. The only question with wealth is, what do you do with it?– John D. Rockefeller The topic of wealth preservation has never been more

Opinion  •  Economy  •  Feb 07, 2021
Citi Maintains "Sell" Rating for MicroStrategy Shares After 150% Price Gain
Citi Maintains "Sell" Rating for MicroStrategy Shares After 150% Price Gain

While many within the Bitcoin space lauded MicroStrategy for its bold move into Bitcoin in 2020, an analyst at Citi was less impressed by the business intelligence firm's decision to make Bitcoin its primary treasury reserve asset. In early December, Citi's Tyler Radke expressed concerns over

News  •  Business  •  Feb 02, 2021
Visa Reveals API Pilot to Help Banks Buy Bitcoin
Visa Reveals API Pilot to Help Banks Buy Bitcoin

Visa has partnered with First Boulevard, a neobank focused on the financial empowerment of the United States black community, to conduct crypto asset application programming interface (API) tests. According to a February 3rd announcement, First Boulevard will be the first bank to have access to Visa's crypto API,

News  •  Bitcoin  •  Feb 02, 2021
Bank of Canada: Bitcoin Is "Deeply Flawed" As Payment Method - "Except for Illicit Transactions"
Bank of Canada: Bitcoin Is "Deeply Flawed" As Payment Method - "Except for Illicit Transactions"

While a "digital loonie" is potentially on the horizon for Canada's central bank, Bitcoin very much is not, according to Bank of Canada's Deputy Governor Timothy Lane. In a speech delivered on February 10th, Lane addressed the concept of a central bank digital currency

News  •  Economy  •  Feb 10, 2021
Featured Articles 4 Articles
Business View All
B HODL Increases Holdings to 165.487 Bitcoin Following Latest Purchase
B HODL Increases Holdings to 165.487 Bitcoin Following Latest Purchase

B HODL added one Bitcoin, raising total holdings to 165.487 Bitcoin as part of its ongoing treasury accumulation strategy.

Metaplanet Increases Holdings to 40,177 Bitcoin Following Latest Purchase
Metaplanet Increases Holdings to 40,177 Bitcoin Following Latest Purchase

Metaplanet added 5,075 Bitcoin, bringing holdings to 40,177 Bitcoin, now the third-largest corporate Bitcoin treasury.

Blockstream Researcher Introduces SHRIMPS as New Step Toward Quantum-Resistant Bitcoin
Blockstream Researcher Introduces SHRIMPS as New Step Toward Quantum-Resistant Bitcoin

Jonas Nick introduced SHRIMPS, a multi-device post-quantum signature scheme with ~2.5 KB signatures for Bitcoin security.

Capital B Converts Bonds and Secures €2.8 Million To Expand Treasury Strategy
Capital B Converts Bonds and Secures €2.8 Million To Expand Treasury Strategy

Capital B converted bonds and raised €2.8 million with backing from Adam Back to expand its Bitcoin treasury.

Politics View All
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.

CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading
CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading

The CFTC will allow federally regulated spot Bitcoin and crypto trading for the first time as Bitnomial prepares to launch its new exchange.

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