A bill has been introduced in Canada to encourage the growth of the crypto sector. “Canada should be attracting billions of dollars in investment in the fast growing crypto asset industry. Today I introduced a bill, the first of its kind in Canada, to make sure this becomes a reality,” said the parliament member who introduced the bill. Bill to…
There’s never a dull day in Bitcoin (BTC) land. Despite that markets calling for a lull, the creative Bitcoin community always has cause for amusement. Yesterday, a Redditor by the name of Optimal-Dentistador (henceforth, OD) queried the longevity of the Bitcoin network with a time-lapse challenge. In a post made to the Bitcoin subreddit, OD “wrote a letter and also put…
Crypto lending platform BlockFi has agreed to pay $100 million to settle ongoing investigations from the U.S. Securities and Exchange Commission and multiple state securities regulators. According to a Bloomberg report based on anonymous sources, BlockFi will also discontinue new high-yield accounts for most U.S. residents. BlockFi spokesperson Madelyn McHugh told Bloomberg it would “not comment on market rumors.” However, she…
The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. A key on-chain metric that we’ve discussed before, and that we will cover today, is the Realized HODL (RHODL) Ratio. The ratio uses…
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says the securities regulator is working with the Commodity Futures Trading Commission (CFTC) on crypto regulation. In addition, he said the SEC is “trying to work with various crypto platforms, exchanges, lending platforms” to ensure investor protection. SEC Chair Gary Gensler on Crypto Regulation SEC Chairman Gary Gensler…
In 2021, crypto has been one of the biggest trends shaping tech and finance, and according to mainstream news headlines, decentralized autonomous organizations (DAOs) are set to be a force to be reckoned with in crypto in 2022. Mark Cuban called them the “ultimate combination of capitalism and progressivism.” Yet, while DAOs are relatively easy to understand conceptually, they’re a…
The price action for Bitcoin (BTC) continues to tantalize investors and once again, concerns over the state of the global economy and rising inflation have prompted warnings that the Fed’s upcoming interest rate hikes could do more damage then good to the state of the market. Data from Cointelegraph Markets Pro and TradingView shows that the price of BTC has…
A version of this article was originally published on Medium. In light of some recent awesome events in the Bitcoin mining sphere, I was inspired to set up my own small, four million hashes per second (MH/s) solo mining operation and see how I could improve it. A couple of the aspects that I thought could use some work are…
Veteran investor and fund manager Bill Miller says he has “a very big position” in bitcoin and expects to see a lot of institutional adoption this year, particularly among endowments and foundations. “Bitcoin is insurance against financial catastrophe,” he opined. Bill Miller Says ‘Bitcoin Is Insurance Against Financial Catastrophe’ Famed value investor Bill Miller talked about bitcoin in an interview…
In brief Makers of “Tiger King” and the Fyre Festival documentary “FYRE” are tagged to produce. The series will follow the 2016 Bitfinex hack and the subsequent conspiracy to launder around $4.5 billion in Bitcoin. The teams behind “Tiger King” and the Fyre Festival documentary “FYRE” are joining forces to produce a new series for Netflix based on the true-life…
