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These Two Institutions Alone Bought $410 Million in Bitcoin Since Late July
These Two Institutions Alone Bought $410 Million in Bitcoin Since Late July
News  •  Bitcoin  •  Aug 12, 2020 by Joseph Young

Since July 29th, Grayscale and MicroStrategy have purchased 14,422 BTC and 21,454 BTC respectively, totaling more than $410 million USD in value at the time of writing. During the same period, Bitcoin miners mined 12,594 BTC. In other words: two institutions bought three times as much bitcoin

HODLers Band Together, Donate Bitcoin After Beirut Explosion
HODLers Band Together, Donate Bitcoin After Beirut Explosion
News  •  Bitcoin  •  Aug 12, 2020 by Nick Chong

On August 4th, word began to spread online of a massive explosion in Beirut. By Lebanese government estimates, a reported $10-15 billion USD worth of damage was incurred due to the blast. The Bitcoin community is banding together in the wake of the mysterious explosion, responding by donating satoshis to

Hundreds of Thousands of Investors Just Gained Exposure to Bitcoin Thanks to MicroStrategy
Hundreds of Thousands of Investors Just Gained Exposure to Bitcoin Thanks to MicroStrategy

MicroStrategy, a business services company based in Virginia, made history this week when it became the first public company to ostensibly purchase bitcoin as an investment. As the BTC Times reported, the company scooped up 21,454 bitcoin with $250 million USD from their balance sheet. The move was hailed

News  •  Bitcoin  •  Aug 13, 2020
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Hundreds of Thousands of Investors Just Gained Exposure to Bitcoin Thanks to MicroStrategy
Hundreds of Thousands of Investors Just Gained Exposure to Bitcoin Thanks to MicroStrategy

MicroStrategy, a business services company based in Virginia, made history this week when it became the first public company to ostensibly purchase bitcoin as an investment. As the BTC Times reported, the company scooped up 21,454 bitcoin with $250 million USD from their balance sheet. The move was hailed

News  •  Bitcoin  •  Aug 13, 2020
These Two Institutions Alone Bought $410 Million in Bitcoin Since Late July
These Two Institutions Alone Bought $410 Million in Bitcoin Since Late July

Since July 29th, Grayscale and MicroStrategy have purchased 14,422 BTC and 21,454 BTC respectively, totaling more than $410 million USD in value at the time of writing. During the same period, Bitcoin miners mined 12,594 BTC. In other words: two institutions bought three times as much bitcoin

News  •  Bitcoin  •  Aug 12, 2020
HODLers Band Together, Donate Bitcoin After Beirut Explosion
HODLers Band Together, Donate Bitcoin After Beirut Explosion

On August 4th, word began to spread online of a massive explosion in Beirut. By Lebanese government estimates, a reported $10-15 billion USD worth of damage was incurred due to the blast. The Bitcoin community is banding together in the wake of the mysterious explosion, responding by donating satoshis to

News  •  Bitcoin  •  Aug 12, 2020
No, Wrapped Bitcoin Is Not a Competitor to the Lightning Network; Here’s Why
No, Wrapped Bitcoin Is Not a Competitor to the Lightning Network; Here’s Why

Multiple news outlets have recently run reports comparing the Lightning Network’s liquidity to that of Wrapped Bitcoin (WBTC), an ERC20 token representing bitcoin issued on the Ethereum blockchain. The amount of liquidity within WBTC has surged in recent times, seemingly outpacing that of the Lightning Network. This trend has

News  •  Bitcoin  •  Aug 12, 2020
Industry Execs React to MicroStrategy’s "Big Deal" $250M Bitcoin Purchase
Industry Execs React to MicroStrategy’s "Big Deal" $250M Bitcoin Purchase

Industry executives are buoyant towards the unexpected purchase of nearly $250 million USD worth of Bitcoin by MicroStrategy. It became the first publicly listed company in the U.S. to purchase bitcoin. Bitcoin, unlike many other cryptocurrencies, has a fixed supply of 21 million. Its finite supply and resulting scarcity

News  •  Bitcoin  •  Aug 11, 2020
Researcher: Ethereum Network’s Reliance on "Fast" Sync Could Expose a Major Security Flaw
Researcher: Ethereum Network’s Reliance on "Fast" Sync Could Expose a Major Security Flaw

The crypto community has been enthralled in recent days by recent developments regarding Ethereum’s total supply – which remains a mystery despite attempts from Ethereum developers and community members to clarify the confusion. Pseudonymous researcher “Datavetaren” is now noting that a flaw within the default network structure of Ethereum could

News  •  Altcoins  •  Aug 11, 2020
“Supply Gate" - Ethereum Supply Question Causes Heated Debate with Bitcoiners
“Supply Gate" - Ethereum Supply Question Causes Heated Debate with Bitcoiners

August 7th saw the beginning of what was set to become a week-long debate between the Bitcoin and Ethereum communities about Ethereum’s total supply and monetary policy. What Happened? Popular Bitcoin personality Michael Goldstein and Bitcoin researcher Pierre Rochard started questioning whether it was possible to independently verify the

News  •  Altcoins  •  Aug 11, 2020
Investors Are Looking to Offload Ripple Equity Below December's $10B Valuation
Investors Are Looking to Offload Ripple Equity Below December's $10B Valuation

In December, Ripple announced it had completed a $200 million Series C funding round. Garnering support from investors such as SBI Holdings and Tetragon, the financial technology firm purportedly secured funding at a valuation of $10 billion.  A source now tells the BTC Times that two investors in Ripple are

News  •  Altcoins  •  Aug 10, 2020
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