A Week of Regulatory Developments and the Role of Bitcoin in the Portfolio It has been a busy week in the US regulatory space, with significant developments affecting cryptocurrency exchanges. Meanwhile, bitcoin’s stature as a global financial asset continues to…
Binance CEO Changpeng “CZ” Zhao is stepping down as part of a plea agreement that will see Binance paying over $7 billion in fines to the US Treasury and Commodity Futures Trading Commission. The massive penalty is aimed at resolving…
Bhutan, the isolated Himalayan Kingdom, has been secretly building its own bitcoin mining operation with government support. The locations of these state-owned mines, previously undisclosed, have been uncovered by Forbes using satellite imagery. Four mines have been identified, including one…
The preliminary costume contest for the 2023 Miss Universe pageant showcased Miss El Salvador’s “volcanic empowerment costume,” which symbolizes the nation’s signature volcanoes and their connection to Bitcoin mining. Isabella García-Manzo, Miss El Salvador 2023, received a warm welcome from…
Over the weekend, major cryptocurrencies showed bullish strength, leading to a 2% appreciation in the global crypto market cap. Bitcoin is currently consolidating in the $36k – $37k range and experts predict it will remain range-bound until Monday, when it…
In recent months, the anticipation of a spot Bitcoin ETF approval in the U.S. has triggered a significant surge in Bitcoin prices. James Butterfill, the Head of Research at CoinShares, has added fuel to this speculation by sharing his analysis…
Bitcoin developer Robin Linus has proposed bringing off-chain Ethereum-like smart contracts to the Bitcoin blockchain. In a white paper published on October 9, Linus suggested that implementing these capabilities on Bitcoin would enable the network to “compute anything.” The proposal,…