Cryptocurrency News

FinCEN, a bureau of the U.S. Treasury Department, is planning to kill two crypto surveillance proposals that spent years hanging over self-custody and privacy tools without ever becoming law. One would have required banks and money transmitters to collect information on certain self-hosted wallet transactions above $3,000 and report larger ones above $10,000. The other…Read More

Bitcoin’s notorious halving event is getting closer, and as of Monday, there are now fewer than 80,000 blocks left until that point. When that happens, at block height 1050000, on or around April 12, 2028, block rewards will shrink from 3.125 BTC to 1.5625 BTC. Bitcoin’s Fifth Halving Moves Into View As of today, according…Read More

Publicly traded ether treasury firm Bitmine Immersion Technologies announced Monday that it has edged closer to its stated goal of obtaining 5% of the circulating ETH supply, adding about $41 million worth of the cryptocurrency to its holdings over the last week. Bitmine Nears 5% ETH Supply Target Bitmine said Monday that it obtained an…Read More

Strive bought 2,000 bitcoin for roughly $169 million in a single week, lifting its treasury total to 29,462 BTC. The purchase was about six times larger than Strategy’s latest 334 BTC addition, even though Strategy still controls a stack roughly 29 times Strive’s size. Strive funded the expansion partly through SATA preferred stock and $56.7…Read More

U.S. bitcoin ETFs attracted $241.08 million in the week through Oct. 2, extending their winning streak to three weeks even as inflows slowed sharply from the previous period. Blackrock Adds $450M as Bitcoin ETF Demand Splits The flood of institutional money into bitcoin slowed last week, but it never disappeared. After attracting $2.39 billion in…Read More

Bitcoin Magazine IMF Praises El Salvador — But Still Tries To Scale Back Its Bitcoin Project The International Monetary Fund approved a $139 million disbursement to El Salvador but still wants it to scale back its Bitcoin project. This post IMF Praises El Salvador — But Still Tries To Scale Back Its Bitcoin Project first…Read More

Bitcoin Magazine South Africa’s Absa Becomes First Bank on the Continent to Custody Bitcoin: Report South African bank Absa has become the first African lender to custody bitcoin, according to reports.  As reported first by Bloomberg on Friday, the Johannesburg-based lender will serve institutional clients, mostly by custodying bitcoin — but other digital assets will…Read More

Bitcoin Magazine Bitcoin Price Surges Above $87,000 on Softer-Than-Expected Jobs Data The price of bitcoin surged above $87,000 on Friday morning in New York, buoyed by constant exchange-traded fund flows and a jobs report showing that unemployment in the U.S. had ticked up.  Bitcoin’s price recently stood at $85,990 after a 2% jump over a…Read More

Bitcoin Magazine Impacts of Daily Dividends on Digital Credit Analyzing the implications for digital credit instruments paying daily dividends. This post Impacts of Daily Dividends on Digital Credit first appeared on Bitcoin Magazine and is written by Allard Peng.Read More

Bitcoin Magazine Frank Holmes: They Will Print $100 Trillion – Why to Buy Bitcoin & Gold Bitcoin miners hold the power and infrastructure AI needs. HIVE’s Frank Holmes explains how mining sites and former Ethereum GPUs are fueling the AI boom. This post Frank Holmes: They Will Print $100 Trillion – Why to Buy Bitcoin…Read More