Announcement
Square Allocates 1% of Its Assets to Bitcoin
Square Allocates 1% of Its Assets to Bitcoin

Square, the payments platform pioneered by Twitter CEO and Bitcoin evangelist Jack Dorsey, has purchased $50 million worth of bitcoin as part of its new investment strategy. Amounting to precisely 4,709 bitcoin, the purchase represents an aggregate 1% of the firm's total assets. "Square believes that

News  •  Bitcoin  •  Oct 07, 2020
Bitcoin Sidechain RSK Integrates DAI Stablecoin
Bitcoin Sidechain RSK Integrates DAI Stablecoin

Bitcoin sidechain Rootstock (RSK) has integrated MakerDAO's DAI through the RSK-Ethereum Token Bridge, as per an announcement on October 6th. The dollar-pegged stablecoin is now accessible to all Bitcoin-backed applications on RSK. RSK is a federated sidechain aimed at enabling Ethereum-like smart contract capabilities for Bitcoin. RBTC, the

News  •  Bitcoin  •  Oct 06, 2020
Nakamoto's 12.3M-Digit Bitcoin Code Is Now Physical Artwork
Nakamoto's 12.3M-Digit Bitcoin Code Is Now Physical Artwork

One part of a 40-piece artwork tribute to Bitcoin’s 12.3 million-digit code is going under the hammer at auction house Christie's in New York on October 7th, allowing enthusiasts to purchase and save a symbolic physical piece of the pioneer cryptocurrency forever. Up for sale at

News  •  Bitcoin  •  Oct 06, 2020
Europol Eyes Bitcoin Mixers as a "High Priority" Threat
Europol Eyes Bitcoin Mixers as a "High Priority" Threat

On October 5th, the European Union's Europol, a supernational law enforcement agency, released a report that made it clear Bitcoin and cryptocurrencies are under their purview. The report, titled the "Internet Organised Crime Threat Assessment" for 2020, covered how the internet and related technologies can be

News  •  Bitcoin  •  Oct 06, 2020
FCA Bans Crypto Derivatives for UK Retail Traders
FCA Bans Crypto Derivatives for UK Retail Traders

The UK’s Financial Conduct Authority (FCA) has announced the final rules for a ban on the sale of cryptocurrency derivatives and exchange-traded notes (ETNs) to retail customers, which was first proposed in July 2019. Announced today, Britain’s financial watchdog said that the ban which is expected to come

News  •  Bitcoin  •  Oct 05, 2020
Square Allocates 1% of Its Assets to Bitcoin
Square Allocates 1% of Its Assets to Bitcoin

Square, the payments platform pioneered by Twitter CEO and Bitcoin evangelist Jack Dorsey, has purchased $50 million worth of bitcoin as part of its new investment strategy. Amounting to precisely 4,709 bitcoin, the purchase represents an aggregate 1% of the firm's total assets. "Square believes that

News  •  Bitcoin  •  Oct 07, 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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