Announcement
Senate Approves Bill to Repeal SEC Rule on Bitcoin and Crypto Custody
Senate Approves Bill to Repeal SEC Rule on Bitcoin and Crypto Custody

The Senate has passed legislation H.J.Res. 109 to overturn the SEC's Staff Accounting Bulletin (SAB) No. 121, which prevents highly regulated financial firms from custodying Bitcoin and cryptocurrencies.  The vote was 60 to 38, showing bipartisan support. The resolution, which already passed the House, aims to

Bitcoin  •  Politics  •  May 16, 2024
El Salvador’s Volcano Bitcoin Mining Operation Generates $29 Million
El Salvador’s Volcano Bitcoin Mining Operation Generates $29 Million

El Salvador has mined nearly 474 Bitcoin, valued at approximately $29 million, since September 2021 using geothermal energy from the Tecapa volcano, according to official data.  This brings the country's total Bitcoin holdings to 5,750 Bitcoin, worth over $360 million. The geothermal energy mining operation is a

News  •  Bitcoin  •  May 15, 2024
Wisconsin Investment Board Announces $162 Million Investment in Spot Bitcoin ETFs
Wisconsin Investment Board Announces $162 Million Investment in Spot Bitcoin ETFs

The State of Wisconsin Investment Board (SWIB) has disclosed significant investments in Bitcoin Exchange-Traded Funds (ETFs) through a recent filing with the Securities and Exchange Commission (SEC).  According to the filing, SWIB holds nearly $100 million worth of BlackRock's spot Bitcoin ETF (IBIT). This disclosure positions SWIB as

News  •  Bitcoin  •  May 14, 2024
El Salvador Launches Bitcoin-Based Capital Raise for New Airport Hotel
El Salvador Launches Bitcoin-Based Capital Raise for New Airport Hotel

After a prolonged process beginning with the approval of their digital securities laws, El Salvador is now launching a Bitcoin-funded capital raise. This initiative potentially sets the stage for the much-discussed Bitcoin bonds announced by President Bukele.  The capital will fund the construction of the only resort hotel at the

News  •  Bitcoin  •  May 13, 2024
El Salvador Reveals Website to Monitor $360 Million Bitcoin Treasury
El Salvador Reveals Website to Monitor $360 Million Bitcoin Treasury

El Salvador unveiled a website to monitor its national Bitcoin treasury holdings, enhancing its dedication to Bitcoin transparency through a partnership with the Mempool Open Source Project. El Salvador now has its own @mempool space where anyone can check out our #bitcoin treasury holdings. See details in the next post.

News  •  Bitcoin  •  May 13, 2024
Senate Approves Bill to Repeal SEC Rule on Bitcoin and Crypto Custody
Senate Approves Bill to Repeal SEC Rule on Bitcoin and Crypto Custody

The Senate has passed legislation H.J.Res. 109 to overturn the SEC's Staff Accounting Bulletin (SAB) No. 121, which prevents highly regulated financial firms from custodying Bitcoin and cryptocurrencies.  The vote was 60 to 38, showing bipartisan support. The resolution, which already passed the House, aims to

Bitcoin  •  Politics  •  May 16, 2024
Featured Articles 4 Articles
Business View All
H100 Group Crosses 1,000 Bitcoin in Just 104 Days
H100 Group Crosses 1,000 Bitcoin in Just 104 Days

H100 Group hit 1,000+ Bitcoin in 104 days, backed by investors and Blockstream’s Adam Back.

Strategy Buys $449 Million in Bitcoin as August Purchases Reach 7,700 Bitcoin
Strategy Buys $449 Million in Bitcoin as August Purchases Reach 7,700 Bitcoin

Strategy bought 4,048 Bitcoin for $449 million, increasing August purchases to 7,714 Bitcoin and total holdings to 636,505 Bitcoin.

Metaplanet Reaches 20,000 Bitcoin and Issues Additional Shares
Metaplanet Reaches 20,000 Bitcoin and Issues Additional Shares

Metaplanet raised its Bitcoin holdings to 20,000 Bitcoin with a ¥16.48 billion purchase and issued 11.5 million new shares.

JAN3 and BTCPay Server Launch SamRock Protocol To Simplify Bitcoin Merchant Payments
JAN3 and BTCPay Server Launch SamRock Protocol To Simplify Bitcoin Merchant Payments

JAN3 and BTCPay Server launched the SamRock Protocol to let merchants accept Bitcoin, Liquid, and Lightning payments.

Politics View All
Philippines Weighs Bitcoin Reserve Bill Targeting 10,000 Bitcoin
Philippines Weighs Bitcoin Reserve Bill Targeting 10,000 Bitcoin

The Philippines is weighing a bill to create a 10,000 Bitcoin reserve held in a trust for 20 years.

Tether Appoints Former White House Crypto Council Head Bo Hines as Strategic Advisor
Tether Appoints Former White House Crypto Council Head Bo Hines as Strategic Advisor

Tether has named former White House Crypto Council head Bo Hines as Strategic Advisor for its U.S. digital assets strategy.

Petition Gains Momentum To Restore Satoshi Nakamoto Statue in Lugano
Petition Gains Momentum To Restore Satoshi Nakamoto Statue in Lugano

Over 1,100 people have signed a petition urging Lugano to restore and protect its vandalized Satoshi Nakamoto statue.

Trump Signs Executive Order Allowing Bitcoin in 401(k) Plans
Trump Signs Executive Order Allowing Bitcoin in 401(k) Plans

Trump signed an executive order to allow Bitcoin and other alternative assets in 401(k) plans by revising retirement investment rules.

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