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Mt. Gox Rehabilitation Deadline Pushed, Delaying 150,000 Bitcoin Distribution
Mt. Gox Rehabilitation Deadline Pushed, Delaying 150,000 Bitcoin Distribution
News  -  Bitcoin  -  Oct 14, 2020 by Nick Chong

In an announcement posted to the Mt. Gox domain on October 15th, trustee Nobuaki Kobayashi announced that the rehabilitation of the exchange has once again been delayed. He claimed that within the proposed rehabilitation plan, there are "matters that require closer examination," making it "necessary to extend

Fidelity Report Finds Small Bitcoin Allocation Boosts Traditional Portfolios
Fidelity Report Finds Small Bitcoin Allocation Boosts Traditional Portfolios
News  -  Bitcoin  -  Oct 14, 2020 by Joseph Young

According to a report published by Fidelity Digital Assets, investment portfolios with a low single-digit percentage allocation to Bitcoin would have seen notably increased annual returns in the past five years. The report analyzed how Bitcoin could have benefited a 60/40 portfolio consisting of stocks and bonds, with bonds

Public Companies Hold Bitcoin's 2016 Market Cap Worth of BTC
Public Companies Hold Bitcoin's 2016 Market Cap Worth of BTC

According to Hans Hauge, Head of Quantitative Strategy at Ikigai Asset Management, publicly traded companies now hold bitcoin worth as much as Bitcoin's entire market capitalization in April 2016.  In a tweet, Hauge said that "in April of 2016 #Bitcoin's market cap was $6.8

News  -  Bitcoin  -  Oct 14, 2020
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Public Companies Hold Bitcoin's 2016 Market Cap Worth of BTC
Public Companies Hold Bitcoin's 2016 Market Cap Worth of BTC

According to Hans Hauge, Head of Quantitative Strategy at Ikigai Asset Management, publicly traded companies now hold bitcoin worth as much as Bitcoin's entire market capitalization in April 2016.  In a tweet, Hauge said that "in April of 2016 #Bitcoin's market cap was $6.8

News  -  Bitcoin  -  Oct 14, 2020
Mt. Gox Rehabilitation Deadline Pushed, Delaying 150,000 Bitcoin Distribution
Mt. Gox Rehabilitation Deadline Pushed, Delaying 150,000 Bitcoin Distribution

In an announcement posted to the Mt. Gox domain on October 15th, trustee Nobuaki Kobayashi announced that the rehabilitation of the exchange has once again been delayed. He claimed that within the proposed rehabilitation plan, there are "matters that require closer examination," making it "necessary to extend

News  -  Bitcoin  -  Oct 14, 2020
Fidelity Report Finds Small Bitcoin Allocation Boosts Traditional Portfolios
Fidelity Report Finds Small Bitcoin Allocation Boosts Traditional Portfolios

According to a report published by Fidelity Digital Assets, investment portfolios with a low single-digit percentage allocation to Bitcoin would have seen notably increased annual returns in the past five years. The report analyzed how Bitcoin could have benefited a 60/40 portfolio consisting of stocks and bonds, with bonds

News  -  Bitcoin  -  Oct 14, 2020
Schnorr and Taproot Upgrade Proposal Merged Into Bitcoin Core
Schnorr and Taproot Upgrade Proposal Merged Into Bitcoin Core

The implementation of the Schnorr/Taproot consensus rules has been merged into Bitcoin Core. However, the upgrade's activation method has yet to be determined. The pull request was originally created by Bitcoin Core contributor Pieter Wuille on September 13th and has gone through extensive review and testing over

News  -  Bitcoin  -  Oct 14, 2020
Grayscale Absorbed $720m Worth of Bitcoin in Q3 2020
Grayscale Absorbed $720m Worth of Bitcoin in Q3 2020

In a report released on October 14th, digital asset manager Grayscale Investments confirmed that it had seen $1.05 billion in capital inflows over the third quarter.  Its flagship product, the Grayscale Bitcoin Trust (GBTC), absorbed $719.3 million worth of bitcoin over this time frame. In aggregate, the Trust

News  -  Bitcoin  -  Oct 13, 2020
Marathon Patent Group Announces 105-Megawatt Bitcoin Mining Farm
Marathon Patent Group Announces 105-Megawatt Bitcoin Mining Farm

Announced on October 13th, cryptocurrency mining firm Marathon Patent Group has formed a strategic partnership with Beowulf Energy, a power infrastructure company based in the U.S., to launch a new Bitcoin mining farm. The joint venture will see the firms establish a data center in Montana, nearby Beowulf'

News  -  Bitcoin  -  Oct 13, 2020
Lawyer: Regulators Are Waging a War On Bitcoin Privacy & Custody
Lawyer: Regulators Are Waging a War On Bitcoin Privacy & Custody

Recent weeks have seen a lot of movement surrounding regulatory developments for cryptocurrencies and the deployments of such, from reports of an upcoming bill in Spain, a full regulatory cryptocurrency framework released by the U.S. Department of Justice, a crypto derivatives ban in the UK, and serious enforcement actions

News  -  Bitcoin  -  Oct 13, 2020
Billion-Dollar Asset Manager Stone Ridge Reveals 10,000 Bitcoin Purchase
Billion-Dollar Asset Manager Stone Ridge Reveals 10,000 Bitcoin Purchase

Under the nose of many in the cryptocurrency space, Stone Ridge Asset Management has accumulated $115 million worth of bitcoin. The $10 billion asset manager confirmed this news to Forbes on October 13th, but did not disclose when exactly the funds were deployed to purchase these coins.  Through partially-owned subsidiary

News  -  Bitcoin  -  Oct 12, 2020
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