Founders: Roy Sheinfeld, Roi Erez and Yaacov Slama Date Founded: 2018 Location of Headquarters: Remote Amount of Bitcoin Held in Treasury: Dozens held in Breez Lightning nodes Number of Employees: 11 Website: https://breez.technology/ Public or Private? Private Roy Sheinfeld says the time for orange pilling is through. Sheinfeld, one of the three founders of Breez,…
You know how the dodo bird became extinct? It became too fat to fly. In fact, the name ‘dodo’ likely originated from the Portuguese word, ‘simpleton’. The dodo bird lived very comfortably for much of its existence on an isolated island that lacked any natural predators. Over time the dodo bird grew bigger, and its…
Palladium and Botanix Labs have announced the launch of a new stablecoin, PUSD, on Bitcoin’s first EVM-equivalent Layer 2 network, according to a press release sent to Bitcoin Magazine. The PUSD stablecoin, developed by Palladium Labs, boasts a unique feature of being over-collateralized by 110%, a strategic measure aimed at enhancing its resilience against potential…
Andriy Onufriyenko/Moment via Getty Images When investing in bitcoin (BTC-USD) as an asset, or companies that build on top of the Bitcoin network as part of an asset mix, we need some set of metrics with which to evaluate the progress of the investment thesis, and by extension, the health of the Bitcoin network. It’s…
F%$K Bad Research: I spent over a month analyzing a bitcoin mining study and all I got was this trauma response. “We must confess that our adversaries have a marked advantage over us in the discussion. In very few words they can announce a half-truth; and in order to demonstrate that it is incomplete, we…
(NASHVILLE, TN – January 30th, 2024) Bitcoin Magazine, in collaboration with Kraken Digital Asset Exchange, is excited to unveil the 2024 Bitcoin Halving Livestream. This celebration, akin to a New Year’s Eve variety show and featuring bitcoin’s biggest names, is dedicated to marking the fourth epoch in Bitcoin’s history. Broadcasting live from Nashville, Tennessee, the…
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. This week’s topics Monumental SEC failure Bitcoin ETF multiple German economic update Taiwan elections and China…
The crypto market has experienced heightened speculations in the recent past as more experts forecast a high approval rate for the spot Bitcoin ETFs in the United States. For the first time since March 2022, Bitcoin (BTC) price rallied above $47k in the past 24 hours, thus signaling the bulls are in control. Having traded…
Anticipated interest rate cuts by central banks in the coming months could attract capital to various markets, potentially leading to increased volatility in speculative sectors like cryptocurrencies, according to some market observers. With the Federal Reserve pausing its rate hiking cycle and other central banks globally following suit, there is speculation that we may have…
Saylor sees Bitcoin’s potential to soar even higher, especially once regulators approve financial firms’ Bitcoin spot ETF products. MicroStrategy Inc (NASDAQ: MSTR), the software firm led by Executive Chairman Michael Saylor, has seen its shares surge by an astounding 246% in 2023. Saylor attributes this success to Bitcoin (BTC), which has not only fueled MicroStrategy’s growth…
It’s that time of year when the leaves are changing, the chill of winter is in the air, and many of us in the Western world are once again gearing up for the holiday season. Thanksgiving and Christmas are important holidays for many and one of the best times to gather with family. Still, I…
Today is fifteen years from the date of the publication of the Bitcoin whitepaper. A lot has happened in that fifteen years. Bitcoin went through the blocksize war. A nation state has adopted Bitcoin. We are possibly on the verge of a Bitcoin ETF approval. Bitcoin in almost every way is nothing like it was…
Bitcoin (BTC) has established strong support between $25,000 and $30,000. Take a look at the next key resistance. The price of Bitcoin has been steadily rising since October 13, following its inability to break the support level of around $26,000. Since then, it has continued to climb, reaching $35,000 earlier today, a level not seen…
It was 12:45 a.m. on a Friday out and about in Riga, Latvia. Without going into too much detail, I was having a good time with fellow Bitcoin and Lightning folks. I was there for the Baltic Honeybadger conference, one organized by plebs for plebs. And you could feel this! Everyone was eager to help…
The Bitcoin-Backed Dollar in Dialogue In July a bitcoin-related topic was broached by Robert Kennedy Jr., which to my knowledge has not been addressed by anyone holding the top office of the executive branch or a notable candidate for the position of President. Of course, John Nash’s Ideal Money is a perennial topic, one I…
In the evolving Bitcoin market, stories of missed opportunities and astonishing deals abound – however, few are as eye-popping as this sale from August 30, 2010. Unearthed by Bitcoin historian Pete Rizzo, a BitcoinTalk thread shows how an early Bitcoin user amassed 30,000 BTC, only to sell them for $0.03 each. Then sold below market…
Since 2022, Bitcoin’s trading volume has declined by nearly 90 percent despite increased demand from institutional investors. Bitcoin (BTC) price continued to precariously trade around $26k on Tuesday, as investors closely watched for convincing reasons to long the market. Despite a notable increase in demand for the top digital asset, on-chain data analysts show the…
The Bitcoin price has once again retraced back to $26,000 after some recovery pump earlier this week. On the technical chart, BTC continues to show bearish momentum with its price dropping under the 200-day moving average (DMA). In a sharp-worded attack, BitMEX co-founder Arthur Hayes said that “risk assets of finite supply” are likely to…
This is an opinion editorial by Ethan Rose, the founder and CEO of Bitcoin Lightning Network payments provider Pouch.ph. Recently, Binance, the world’s biggest cryptocurrency exchange, successfully implemented Bitcoin’s Lightning Network to enhance the speed and scalability of Bitcoin transactions on its platform. This came after it was forced to halt bitcoin withdrawals for several…
Back’s optimism does not solely hinge on the halving. The Blockstream CEO is confident that Bitcoin will scale new heights even before the event. Adam Back, a prominent British cryptographer and Bitcoin (BTC) advocate, has once again predicted that the cryptocurrency will attain an all-time high (ATH) of $100,000 per BTC before the upcoming halving…
This is an opinion editorial by Jesse Shrader, the co-founder and CEO of Amboss, a Lightning Network explorer and analytics tool. For years, you could basically only do two things on the Bitcoin network: You could save BTC or you could spend it. Then, a late 2021 privacy upgrade had the unintended consequence of allowing…
The article 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. The Arrival Of BlackRock As most readers are likely aware, ripples were sent through the…
This is an opinion editorial by Nathan Cryder, the COO of a renewable energy company and the founder of a bitcoin-focused holding company. It’s unlikely that Bitcoin’s mysterious, pseudonymous creator, Satoshi Nakamoto, knew just how many similarities Bitcoin would one day share with the world’s great religions when they first released their code to the…