Announcement
FASB To Introduce New Fair Value Accounting Rules for Bitcoin
FASB To Introduce New Fair Value Accounting Rules for Bitcoin

Bloomberg Tax has recently announced that the Financial Accounting Standards Board (FASB) plans to roll out new fair value accounting standards for Bitcoin and other digital assets.  These upcoming standards aim to more precisely represent the market worth of Bitcoin and digital assets while increasing the transparency of financial disclosures

News  •  Bitcoin  •  Sep 08, 2023
Riot Generates 333 Bitcoin and Sees Increased Advantages From Power Strategy
Riot Generates 333 Bitcoin and Sees Increased Advantages From Power Strategy

Riot’s CEO, Jason Les, highlighted August as a defining month, showcasing the advantages of Riot's power strategy.  “Riot achieved a new monthly record for Power and Demand Response Credits, totaling $31.7 million in August,” Les said. This amount surpassed the total Credits received in 2022, substantially

News  •  Bitcoin  •  Sep 06, 2023
Colorado DMV Integrates Bitcoin Payments Through PayPal
Colorado DMV Integrates Bitcoin Payments Through PayPal

The Colorado Division of Motor Vehicles (DMV) recently shared that it has incorporated Bitcoin as a payment method.  This development is facilitated through PayPal, allowing Coloradans to renew driver's licenses, identification cards, and vehicle registrations using Bitcoin. Senior Director Electra Bustle commented, “at the DMV, we’re always

News  •  Bitcoin  •  Sep 05, 2023
Jack Dorsey’s ₿trust Purchases African Bitcoin Organization Qala
Jack Dorsey’s ₿trust Purchases African Bitcoin Organization Qala

₿trust, a nonprofit entity backed by Twitter's (now known as X) co-founder and Bitcoin proponent, Jack Dorsey, is expanding its initiatives in Africa through a recent acquisition. The organization has taken under its wing Qala, which is primarily focused on cultivating Bitcoin and Lightning Network engineers in Africa.

News  •  Bitcoin  •  Sep 05, 2023
SEC Postpones Decision on Spot Bitcoin ETF Applications From BlackRock, Fidelity, and Others
SEC Postpones Decision on Spot Bitcoin ETF Applications From BlackRock, Fidelity, and Others

The SEC has recently postponed the spot Bitcoin ETF applications of BlackRock, Fidelity, WisdomTree, Invesco & Galaxy, VanEck, Bitwise, and Valkyrie, as initially revealed by Bloomberg ETF analysts James Seyffart and Eric Balchunas. https://twitter.com/JSeyff/status/1697328531519279217 This marked the initial decision deadline by the SEC in the

News  •  Bitcoin  •  Aug 31, 2023
FASB To Introduce New Fair Value Accounting Rules for Bitcoin
FASB To Introduce New Fair Value Accounting Rules for Bitcoin

Bloomberg Tax has recently announced that the Financial Accounting Standards Board (FASB) plans to roll out new fair value accounting standards for Bitcoin and other digital assets.  These upcoming standards aim to more precisely represent the market worth of Bitcoin and digital assets while increasing the transparency of financial disclosures

News  •  Bitcoin  •  Sep 08, 2023
Featured Articles 4 Articles
Business View All
Blockstream’s Jade Wallet Unaffected by ESP32 Vulnerability
Blockstream’s Jade Wallet Unaffected by ESP32 Vulnerability

Blockstream’s Jade wallet remains secure despite ESP32 vulnerability concerns, with multiple entropy sources protecting private keys.

New Research Unveils DahLIAS Protocol for Bitcoin Cross-Input Signature Aggregation
New Research Unveils DahLIAS Protocol for Bitcoin Cross-Input Signature Aggregation

Ncklr announced DahLIAS, a protocol for faster cross-input signature aggregation on Bitcoin.

Tether To Deploy Hashrate on OCEAN
Tether To Deploy Hashrate on OCEAN

Tether will direct its Bitcoin mining hashrate to OCEAN, supporting decentralized mining through the DATUM protocol in underserved regions.

Lomond School in Scotland To Accept Bitcoin for Tuition Starting Fall 2025
Lomond School in Scotland To Accept Bitcoin for Tuition Starting Fall 2025

Lomond School in Scotland will accept Bitcoin for tuition starting Fall 2025, becoming the first UK school to do so.

Strategy Acquires $285 Million in Bitcoin Amid Market Uncertainty
Strategy Acquires $285 Million in Bitcoin Amid Market Uncertainty

Strategy bought 3,459 Bitcoin for $285.5M, raising its total to 531,644 Bitcoin amid ongoing market and trade policy uncertainty.

Tether Eyes U.S. Stablecoin and Decentralized AI as It Expands Beyond USDt
Tether Eyes U.S. Stablecoin and Decentralized AI as It Expands Beyond USDt

Tether plans a U.S. stablecoin and AI platform to expand beyond USDt and influence U.S. regulation.

Genius Group Blocked From Increasing Bitcoin Holdings Amid Legal Dispute
Genius Group Blocked From Increasing Bitcoin Holdings Amid Legal Dispute

Genius Group is temporarily barred from buying more Bitcoin due to a U.S. court order tied to a merger dispute with Fatbrain AI.

Tether Acquires 8,888 Bitcoin in Q1 as Holdings Reach Over $8 Billion
Tether Acquires 8,888 Bitcoin in Q1 as Holdings Reach Over $8 Billion

Tether added 8,888 Bitcoin in Q1, boosting its holdings to over $8 billion under its 15% profit allocation strategy.

Strategy Acquires $1.9 Billion in Bitcoin During Market Decline
Strategy Acquires $1.9 Billion in Bitcoin During Market Decline

Strategy bought 22,048 Bitcoin for $1.92B, raising its holdings to 528,185 BTC ahead of a potential market impact from upcoming U.S. tariff news.

Tether Invests in Be Water To Support Media and Technology Collaboration
Tether Invests in Be Water To Support Media and Technology Collaboration

Tether is investing €10 million for a 30.4% stake in Be Water to support its tech-driven media expansion.

KULR Adds $5 Million in Bitcoin Bringing Total Holdings to 668 BTC
KULR Adds $5 Million in Bitcoin Bringing Total Holdings to 668 BTC

KULR Technology Group added $5 million in Bitcoin, raising its total holdings to 668 BTC under its treasury strategy.

Strategy Surpasses 500,000 Bitcoin With Latest Acquisition
Strategy Surpasses 500,000 Bitcoin With Latest Acquisition

Michael Saylor’s Strategy now holds 506,137 Bitcoin after acquiring 6,911 Bitcoin for $584 million.

Blockstream Relaunches Explorer API With Self-Service Dashboard for Scalable Blockchain Access
Blockstream Relaunches Explorer API With Self-Service Dashboard for Scalable Blockchain Access

Blockstream relaunches Explorer API with a self-service dashboard and 500K free monthly requests for Bitcoin and Liquid data.

Tether’s U.S. Treasury Holdings Rank Seventh Globally Surpassing Canada and Taiwan
Tether’s U.S. Treasury Holdings Rank Seventh Globally Surpassing Canada and Taiwan

Tether ranks seventh in U.S. Treasury holdings with $33.1 billion, surpassing major economies as stablecoin regulations progress.

Strategy’s $STRF Launch Sparks Intense Debate on X
Strategy’s $STRF Launch Sparks Intense Debate on X

Saylor’s $STRF launch sparked debate over its sustainability and Bitcoin-driven strategy.

Politics View All
New York Weighs Bill To Permit Bitcoin Payments for Public Services
New York Weighs Bill To Permit Bitcoin Payments for Public Services

New York's Assembly Bill A7788 would allow state agencies to accept Bitcoin and cryptocurrencies for payments.

Markets React Sharply After Tariff Pause Rumor Rejected
Markets React Sharply After Tariff Pause Rumor Rejected

Markets and Bitcoin reversed April 7th gains on false tariff rumors and rising U.S.-China tensions, as whales kept accumulating.

Tether’s U.S. Treasury Holdings Rank Seventh Globally Surpassing Canada and Taiwan
Tether’s U.S. Treasury Holdings Rank Seventh Globally Surpassing Canada and Taiwan

Tether ranks seventh in U.S. Treasury holdings with $33.1 billion, surpassing major economies as stablecoin regulations progress.

Bitcoin Closes at $84,000 on March 14th Aligning With Josh Mandell’s Prediction
Bitcoin Closes at $84,000 on March 14th Aligning With Josh Mandell’s Prediction

Josh Mandell's accurate Bitcoin prediction highlights the growing influence of independent analysts, echoing Samson Mow’s forecasts.

Tether CEO Highlights Stablecoin Bill’s Potential Impact and USDt’s Global Role
Tether CEO Highlights Stablecoin Bill’s Potential Impact and USDt’s Global Role

Tether's CEO highlighted the stablecoin bill's impact, USDt's global reach, and major U.S. Treasury investments.

Samson Mow Explains Bitcoin’s Price Drop After SBR Announcement
Samson Mow Explains Bitcoin’s Price Drop After SBR Announcement

Samson Mow attributed Bitcoin's price drop after the SBR announcement to short-term market reactions, emphasizing that adoption takes time.

Samson Mow Calls for U.S. Bitcoin Reserve To Be Named ‘Fort Nakamoto’
Samson Mow Calls for U.S. Bitcoin Reserve To Be Named ‘Fort Nakamoto’

After President Trump established the U.S. Strategic Bitcoin Reserve, Samson Mow proposed naming it "Fort Nakamoto," gaining widespread support.

Trump Signs Executive Order Establishing Strategic Bitcoin Reserve
Trump Signs Executive Order Establishing Strategic Bitcoin Reserve

Trump created a Strategic Bitcoin Reserve and a Digital Asset Stockpile, funded by forfeitures and allowing budget-neutral Bitcoin acquisitions.

IMF Agreement Limits El Salvador’s Bitcoin Activities
IMF Agreement Limits El Salvador’s Bitcoin Activities

The IMF’s $1.4 billion deal restricts El Salvador’s public sector from Bitcoin activities, but Bukele keeps buying.

Trump’s Proposal for a U.S. Crypto Reserve Raises Questions
Trump’s Proposal for a U.S. Crypto Reserve Raises Questions

Trump’s proposed U.S. Crypto Reserve faces debate over feasibility and altcoin inclusion.

White House To Host First Bitcoin and Crypto Summit on March 7th
White House To Host First Bitcoin and Crypto Summit on March 7th

The White House's first Crypto Summit on March 7 will focus on Bitcoin regulation, stablecoins, and digital asset policy.

Montana Becomes the Fourth U.S. State to Advance Bitcoin Reserve Bill to House
Montana Becomes the Fourth U.S. State to Advance Bitcoin Reserve Bill to House

Montana's House committee approved a bill to include Bitcoin in state reserves, advancing it to the House.

How El Salvador’s IMF Deal Is Affecting Bitcoin’s Status
How El Salvador’s IMF Deal Is Affecting Bitcoin’s Status

El Salvador amended its Bitcoin law under an IMF deal, limiting its official use and raising uncertainty over future government Bitcoin holdings.

Bitcoin Reserve Bills Gain Momentum Across U.S. States
Bitcoin Reserve Bills Gain Momentum Across U.S. States

Several U.S. states proposed Bitcoin reserve funds this week, highlighting growing interest amid regulatory and financial debates.

U.S. Hosts First Official Press Conference on Bitcoin and Digital Assets
U.S. Hosts First Official Press Conference on Bitcoin and Digital Assets

The U.S. hosted its first Bitcoin press conference, focusing on regulation, competitiveness, and a potential Bitcoin reserve.

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