Announcement
Iran Amends Law to Fund Imports with Bitcoin
Iran Amends Law to Fund Imports with Bitcoin

Iranian media outlet Iran Daily reports that the Iranian cabinet has amended regulations to allow Bitcoin and other cryptocurrencies to be used to fund imports.  Citing IRNA, Iran Daily notes that this new legislation will allow the central bank of Iran to acquire digital assets directly from miners within the

News  •  Bitcoin  •  Oct 29, 2020
Bitcoin Hash Rate Drops 45% After Chinese Rainy Season Ends
Bitcoin Hash Rate Drops 45% After Chinese Rainy Season Ends

Over the past few days, multiple users on Twitter have noted a decline in the Bitcoin user experience. Transaction fees have increased from an average of $1-3 toward $7 and beyond. This is the result of a drop in the Bitcoin network hash rate. The hash rate is the metric

News  •  Bitcoin  •  Oct 27, 2020
Bitcoin Nears Critical $14,000 Level as Buyers Continue to Flood In
Bitcoin Nears Critical $14,000 Level as Buyers Continue to Flood In

Bitcoin surged higher on Tuesday despite weakness in the S&P 500 and other global stock markets. The price of the leading cryptocurrency shot to $13,750, the highest Bitcoin has traded in over a year. Per the BTC Times data, Bitcoin is up 5% in the past 24

News  •  Bitcoin  •  Oct 26, 2020
Singapore’s Largest Bank DBS Publishes and Removes Crypto Exchange Announcement
Singapore’s Largest Bank DBS Publishes and Removes Crypto Exchange Announcement

On Thursday, Bitcoin users discovered a webpage including information on a digital exchange soft-launched by DBS Bank, the largest commercial bank in Singapore, on its website. But shortly after the cryptocurrency industry cheered the announcement, it was abruptly taken down. The initial announcement, which has since been taken offline, said

News  •  Bitcoin  •  Oct 26, 2020
Can October Record Bitcoin's Highest Monthly Close in History?
Can October Record Bitcoin's Highest Monthly Close in History?

If Bitcoin sits above $13,873 at the end of October, it will print its highest monthly candle close in history. On a monthly candle chart, each candle represents one month of trading activity. Hence, a monthly chart typically covers years of trading activity on a single log chart, depicting

News  •  Bitcoin  •  Oct 26, 2020
Iran Amends Law to Fund Imports with Bitcoin
Iran Amends Law to Fund Imports with Bitcoin

Iranian media outlet Iran Daily reports that the Iranian cabinet has amended regulations to allow Bitcoin and other cryptocurrencies to be used to fund imports.  Citing IRNA, Iran Daily notes that this new legislation will allow the central bank of Iran to acquire digital assets directly from miners within the

News  •  Bitcoin  •  Oct 29, 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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