Cryptocurrency News

Crypto’s rally after a major legislative setback has an unexpected explanation, according to a new Bitwise analysis. Matt Hougan identifies four areas where the outcome created advantages, alongside one risk that could reverse them. Stablecoin Platforms Preserve Customer Rewards Four areas of crypto gained business advantages after the Senate failed to advance the CLARITY Act…Read More

Arthur Hayes thinks artificial intelligence (AI) is unquestionably a bubble, but he’s betting its eventual reckoning could be rocket fuel for crypto. The Managing Partner of Maelstrom expects stressed AI companies and data-center debt to eventually force a government rescue worth multiple trillions of dollars. Meanwhile, his new Flop Labs project is wagering that the…Read More

Strategy’s bitcoin holdings underpin a business that raises capital and pays investors dollar dividends. Michael Saylor outlined how the company manages cash, financing costs, and different shareholder rights to sustain that income while pursuing bitcoin accumulation. Strategy Uses Bitcoin for Capital and Dollars for Income Investors seeking income from Strategy’s bitcoin-focused business depend on the…Read More

The Guardian reviewed a contract showing that a racing and esports content supplier majority-owned by three of Britain’s biggest bookmakers signed a revenue-sharing deal with Santeda, an offshore operator whose brands include Mystake. The deal surfaced in documents from the “Casino Secrets” leak of Curaçao’s gambling regulator. An 18% Cut of Offshore Revenue Filed under…Read More

The couple revealed chilling details of an attack that took place in December, saying that a group of thieves forced their way into the home and stole hundreds of thousands of pounds in cryptocurrency after threatening to kill the pregnant woman and her unborn child with a knife.   Criminals Threatened to Kill Pregnant Woman…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 When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index Cornell University spoke to 25,880 people about using bitcoin. While many don’t understand the tech in depth, it’s proving useful for some. This post When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index first appeared on Bitcoin Magazine and is…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