SEC Approves Spot Ethereum ETFs

The U.S. Securities and Exchange Commission (SEC) has just approved the first batch of spot Ethereum (ETH) ETFs. These ETFs could have huge implications across financial markets, given the popularity of the asset and acknowledging how spot Bitcoin ETFs were the fastest growing ETFs in the history of ETFs, according to BlackRock CEO Larry Fink. JUST…

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Combating Financial Repression With Bitcoin: Human Rights Activists to Gather at The 2024 Oslo Freedom Forum

The Oslo Freedom Forum (OFF) is set to return to the Norwegian capital June 3-5 for its 16th installment since 2009. The conference series, hosted by the New York-based non-profit Human Rights Foundation (HRF), will bring together humanitarians, artists, tech entrepreneurs, and world leaders to highlight the state of global human rights and spark conversations…

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The Wrong Lessons of Pizza Day

The following is an excerpt on Bitcoin Pizza Day from “Fiat Ruins Everything” by Jimmy Song. Visit the Bitcoin Magazine Store to order a print, digital or audio copy of the book. Pizza Day is often viewed with a sense of regret. The well-known story goes like this: many years ago, Laszlo Hanyecz bought two…

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Ordinals Unleashed: How Ordinals Are Reshaping Bitcoin's Blockchain

This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Bitcoin, Not Blockchain Bitcoin, not blockchain. This has been a prominent meme throughout the past two epochs, guiding noobs towards a Bitcoin-only way of life, away from the fraudulent “cryptos” promising greater “blockchain tech”. Yet, here…

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OP_CAT and the Infinite Nothing

Introduction You may have heard about re-enabling OP_CAT as a potential upgrade for bitcoin’s script language. Depending on where you get your news OP_CAT has been called “only 10 lines of code”, “the best way to enable experimentation with covenants”, “too powerful”, “dangerous and leading to miner centralization”, or “guaranteed to lead to a contentious…

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Bitcoin ETPs Get Approval to List on the London Stock Exchange

The UK’s Financial Conduct Authority (FCA) has approved asset manager WisdomTree to list Bitcoin and Ethereum exchange-traded products (ETPs) on the London Stock Exchange (LSE). BREAKING: 🇬🇧 Financial Conduct Authority has approved #Bitcoin ETPs to list on the London Stock Exchange. Gradually, then suddenly 🚀 pic.twitter.com/hMjN24qRMl — Bitcoin Magazine (@BitcoinMagazine) May 22, 2024 The FCA…

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America’s First Bitcoin President: Trump Now Accepts Crypto Donations

President Trump, in a press release published on his website this afternoon, announced that his campaign to take back the White House will begin accepting donations using Bitcoin. BREAKING: 🇺🇸 Donald Trump now officially accepts #Bitcoin for campaign donations. pic.twitter.com/ySkwNQT1D2 — Bitcoin Magazine (@BitcoinMagazine) May 21, 2024 This announcement by his campaign is sure to…

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OP_CAT & Bitcoin Ossification With Blockstream’s Andrew Poelstra

In a recent interview with Bitcoin Magazine, Shinobi sat down with Andrew Poelstra from Blockstream to discuss his colleague Rusty Russell’s ambitious proposal. Rusty plans to restore several abandoned features from Bitcoin’s code, a bold move that could significantly enhance the functionality and expressivity of Bitcoin scripts. Understanding the New Costing Model One of the…

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Whistleblowing In The Surveillance Age

This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Bitcoin allows for the permanent inscribing of data onto the public record. Still, whistleblowing on the blockchain remains a terrible idea. Leaking information is risky business. If you’ve obtained sensitive information — particularly if you’re not…

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Running The Self-Sovereign Bitcoin Business

As we take the concluding tenth and final step in “10 Steps to Self-Sovereignty”, we’ve articulated nine ways that Bitcoin can enable the sovereign individual. But what about building the sovereign Bitcoin business? From longer timeframe accounting practices to managing a bi-weekly payroll, to using a volatile asset that operates on a 24/7 market, there…

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Ecash Makes Bitcoin (And Fiat) Private With Calle’s Cashu

Editor’s note: Cashu is a protocol, not a company. Founders: Calle Date Founded: October 2022 Location of Headquarters: Remote Amount of Bitcoin Held in Treasury: N/A Number of Employees: 20-30 open-source developers Website: https://cashu.space/ Public or Private? N/A Of Bitcoin’s many notable properties, privacy isn’t one of them. In fact, the transparency of the Bitcoin blockchain…

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Ecash Makes Bitcoin — And CBDCs — Private With Calle’s Cashu

Editor’s note: Cashu is a protocol, not a company. Founders: Calle Date Founded: October 2022 Location of Headquarters: Remote Amount of Bitcoin Held in Treasury: N/A Number of Employees: 20-30 open-source developers Website: https://cashu.space/ Public or Private? N/A Of Bitcoin’s many notable properties, privacy isn’t one of them. In fact, the transparency of the Bitcoin blockchain…

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Case Study: Enabling Bitcoin as a Medium of Exchange at the Bitcoin Asia Conference in Hong Kong

The Bitcoin Asia conference held on May 9 and 10, 2024 in Hong Kong demonstrated a significant milestone in the adoption of bitcoin as a legitimate medium of exchange. This article outlines the strategies and technologies implemented to facilitate seamless bitcoin transactions for goods and services over the two days, leveraging the capabilities of self-custodial…

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Everything Old Is New Again

This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Let me start off by acknowledging that Ordinals are amazing! Ordinal Theory is a very clever method of tokenizing individual satoshis and Casey Rodarmor deserves high praise and recognition for gamifying the blockchain and Making Bitcoin…

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Institutional Bitcoin Adoption: Insights from Nathan McCauley, CEO of Anchorage Digital

At the MicroStrategy World: Bitcoin for Corporations conference, Nathan McCauley, co-founder and CEO of Anchorage Digital, shared his thoughts on the growing rate of institutional Bitcoin adoption. Anchorage Digital, the only federally-chartered bitcoin bank and a leading institutional custodian, plays a crucial role in facilitating this transition to bitcoin becoming an asset in which institutions…

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The New Wave Of Bitcoin L2s Are Sidechains

I heard a lot of people say no one could define an L2 at Bitcoin Asia. The problem is that we have a definition, and most people just want to ignore it. Marketing, eh. “Bitcoin L2s” are the hottest thing on the street. People are using a bunch of jargon to distract users from trust…

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Bitcoin Policy Institute Launches Fund to Defend Non-Custodial Tools from Regulatory Threats

The Bitcoin Policy Institute (BPI) has announced the launch of its Peer-to-Peer Rights Fund, a strategic initiative aimed at safeguarding the decentralized, peer-to-peer integrity of the Bitcoin ecosystem. The fund’s mission is to defend non-custodial tools and their developers from regulatory overreach, ensuring that innovation, privacy, and user autonomy remain protected. 🚀Announcing the Peer-to-Peer Rights…

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Craig Wright Lied and Forged Documents: Judge Rules

A UK judge has ruled that Craig Wright, who claimed to be Satoshi Nakamoto, the creator of Bitcoin, lied extensively and forged documents during a high-profile trial. In a scathing 231-page judgment, Justice James Mellor stated that Wright “lied to the court repeatedly” and committed forgery “on a grand scale” in a failed attempt to…

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Blockstream's Rusty Russell Wants To Revamp Bitcoin Script

Rusty Russell, lead Lightning developer for Blockstream, is spearheading an ambitious initiative known as the Bitcoin script restoration project. This effort aims to restore and expand the functionality of Bitcoin’s script language, which was significantly limited in the early days of Bitcoin due to security concerns. In a recent interview with Bitcoin Magazine, Russell elaborated…

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Project Spartacus: An Act of Solidarity For Julian Assange

This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Bitcoin has for most of its lifetime been seen as a monetary network, whereby users can send and receive the native token BTC. Given the tremendous price appreciation since its inception in 2009, the monetary good…

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$5.1 Billion Pension Fund CIO Joins Non-profit Organization Focused on Bitcoin Adoption

Today, the Proof of Workforce Foundation, a 501(c)(4) tax-exempt nonprofit organization, has announced the addition of two distinguished members to its Board of Directors: Ajit Singh and Raphael Zagury, according to a press release sent to Bitcoin Magazine. This duo is being brought on to further strengthen the Foundation’s mission to promote meaningful, education-based Bitcoin adoption among…

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$1.5T Morgan Stanley is Buying US Spot Bitcoin ETF

Recent 13F SEC filings have revealed several major US financial institutions are allocating serious money to Bitcoin via spot ETFs, with these filings disclosing the holdings of institutional investors with over $100 million allocated. After the SEC approved several spot Bitcoin ETFs earlier this year, investors have eagerly awaited these disclosures. The filings reveal names…

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The Bitcoin Ponzi Scheme Paradox

“Ponzi scheme” has become a byword for all manner of financial frauds and monetary scams. When a rapid six month collapse erased $2T (trillion) from crypto market capitalization in 2022, mainstream media outlets were quick to again label cryptocurrencies, including Bitcoin, Ponzi schemes. Writing in the Chinese People’s Daily online edition, Shan Zhiguang and He…

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Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto

Moments ago, the Senate passed legislation H.J.Res. 109 that would overturn the SEC’s Staff Accounting Bulletin (SAB) No. 121, preventing highly regulated financial firms from custodying Bitcoin and other cryptocurrencies. The legislation passed with a vote of 60 to 38, demonstrating bipartisan support for the measure. BREAKING: 🇺🇸 Legislation that would overturn SEC rule preventing highly…

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CME to Launch Bitcoin Trading for Hedge Funds and Traders

The Chicago Mercantile Exchange (CME), the world’s largest futures exchange, is planning to offer spot bitcoin trading on its platform, according to a Financial Times report. This move would provide major hedge funds and institutional traders with a regulated venue to trade Bitcoin. NEW: 🇺🇸 World’s largest futures exchange, CME Group is planning to launch…

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$2 Billion In Spot Bitcoin ETFs: Millennium Management Reveals Investment In SEC Filing

In a new disclosure, investment management company Millennium Management has revealed holdings of almost $2 billion in spot Bitcoin ETFs. This revealing was made through a SEC 13F-HR institutional investment manager holdings report filed today, and disclosure underscores the increasing interest and investment in Bitcoin ETFs by major institutional players. JUST IN: 🇺🇸Millennium Management discloses it holds…

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Volcano Bitcoin Mining Gives El Salvador $29 Million Boost

El Salvador has mined nearly 474 bitcoins worth around $29 million since September 2021 using geothermal energy from the Tecapa volcano, official data revealed. This boosts the country’s total bitcoin holdings to 5,750 BTC valued at over $360 million. JUST IN: 🇸🇻 El Salvador mined nearly 474 #bitcoin worth $29 million using volcano-fueled geothermal power…

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A Denial Of Service Attack On Bitcoin Consensus

Conservatism, in the literal and not political sense, has always been a core part of the Bitcoin ecosystem. Satoshi himself was very cautious and thorough in his original design attempts, and developers since have tried to be very cautious and thorough in the development process after his departure. Numerous pieces of technology have been developed…

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Fiat Debases Marriage

The following is an excerpt on the debasement of marriage from “Fiat Ruins Everything” by Jimmy Song. Visit the Bitcoin Magazine Store to order a print, digital or audio copy of the book. LOVE HAS BEEN debased. In the past, love referred to the virtues present in enduring, intimate relationships. It demanded sacrifice, discipline, and patience….

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Wisconsin Investment Board Becomes First State Pension To Buy Spot Bitcoin ETFs, Holds Over $162 Million

Today, the State of Wisconsin Investment Board (SWIB) has revealed its substantial investments in Bitcoin Exchange-Traded Funds (ETFs) through a recent filing with the Securities and Exchange Commission (SEC). According to the filing, SWIB holds nearly $100 million worth of BlackRock’s spot Bitcoin ETF (IBIT). JUST IN: 🇺🇸 State of Wisconsin Investment Board discloses it…

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President Biden Blocks Chinese-backed Bitcoin Mining Firm From Owning Land Near a Wyoming Nuclear Missile Base

United States President Joe Biden has issued an order prohibiting the acquisition of certain real property by MineOne Cloud Computing Investment I L.P., citing national security concerns. The order, based on findings outlined by the President, aims to safeguard critical assets near Francis E. Warren Air Force Base (Warren AFB) in Cheyenne, Wyoming. The President’s…

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El Salvador Launches Website to Track $360M Bitcoin Treasury

El Salvador made history in 2021 by becoming the first country to adopt Bitcoin as a legal tender under the leadership of President Nayib Bukele. This groundbreaking decision has enabled significant financial improvements across the small Central American nation. Yesterday, El Salvador launched its website to track its national Bitcoin treasury holdings to further its…

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Fatal Flaws in Modern Monetary Theory

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, 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. Modern Monetary Theory (MMT) is back in the spotlight, driven by a new film Finding the…

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Jack Dorsey Predicts Over $1 million Bitcoin Price by 2030

Block CEO Jack Dorsey recently predicted Bitcoin could reach a price of “at least $1 million” by 2030.  Since stepping down from Twitter, now X, Dorsey has become a leading Bitcoin advocate, taking part in various Bitcoin and Nostr-related initiatives. JUST IN: Jack Dorsey predicts at least $1 million #Bitcoin price by 2030 🚀 pic.twitter.com/uNukkC4goQ…

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