Announcement
Supply Crisis: Square Sells $1.63 Billion Worth of Bitcoin in Q3
Supply Crisis: Square Sells $1.63 Billion Worth of Bitcoin in Q3

In the third quarter of 2020, U.S. payments firm Square sold substantially more bitcoin than was mined. According to Square’s Q3 2020 shareholder letter filed with the U.S. Securities and Exchange Commission (SEC), the firm recorded $1.63 billion of Bitcoin revenue over the last three months.

News  •  Bitcoin  •  Nov 07, 2020
The Number of Unique Bitcoin Addresses Surged in October
The Number of Unique Bitcoin Addresses Surged in October

Starting early October, the number of unique addresses on the Bitcoin blockchain has seen a significant surge.  Number of uniquely identifiable Bitcoin wallet users. Source: Willy Woo, Glassnode Square's Bitcoin Purchase Sped Up Adoption Analyst Willy Woo describes unique Bitcoin addresses with a balance above zero as “Bitcoin

News  •  Bitcoin  •  Nov 04, 2020
PayPal Looks to "Embrace" Central Bank Digital Currencies
PayPal Looks to "Embrace" Central Bank Digital Currencies

PayPal made waves in October when the global financial technology giant made public that it would begin supporting Bitcoin alongside a number of other cryptocurrencies. Now it appears that the firm's involvement in the space may be more nuanced than first announced, statements from executives indicate.  When PayPal

News  •  Bitcoin  •  Nov 03, 2020
Bitcoin Is Up Nearly 2,000% Since the 2016 U.S. Election
Bitcoin Is Up Nearly 2,000% Since the 2016 U.S. Election

In the four years since the previous U.S. presidential election, Bitcoin has appreciated by nearly 2,000%.  On November 8th, 2016, the day of the election that made Donald Trump president, Bitcoin traded at approximately $700, while today, one coin goes for $14,300 - a gain of more

News  •  Bitcoin  •  Nov 03, 2020
European Central Bank Launches Public Survey on Digital Euro
European Central Bank Launches Public Survey on Digital Euro

As European Central Bank (ECB) president Christine Lagarde confirmed the institution is considering the launch of a digital euro, the ECB has launched a public survey for consumers to express their preferences with regards to a central bank-issued digital euro. The revelation comes after U.S. Federal Reserve chair Jerome

News  •  Bitcoin  •  Nov 03, 2020
Supply Crisis: Square Sells $1.63 Billion Worth of Bitcoin in Q3
Supply Crisis: Square Sells $1.63 Billion Worth of Bitcoin in Q3

In the third quarter of 2020, U.S. payments firm Square sold substantially more bitcoin than was mined. According to Square’s Q3 2020 shareholder letter filed with the U.S. Securities and Exchange Commission (SEC), the firm recorded $1.63 billion of Bitcoin revenue over the last three months.

News  •  Bitcoin  •  Nov 07, 2020
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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