Bitcoin Holds $117,000 as Fed Leaves Interest Rates Unchanged

Bitcoin Magazine Bitcoin Holds $117,000 as Fed Leaves Interest Rates Unchanged Bitcoin holds steady above $117,000 after the Federal Reserve announces it will keep interest rates unchanged, maintaining its target range of 4.25% to 4.50%. The decision, widely expected by markets, signals the central bank’s continued wait-and-see approach as it monitors inflation and economic data. … Read more

Samourai Wallet Developers Plead Guilty to Conspiring to Operate an Unlicensed Money Transmitting Business

Bitcoin Magazine Samourai Wallet Developers Plead Guilty to Conspiring to Operate an Unlicensed Money Transmitting Business Today, the founders of Samourai Wallet — Keonne Rodriguez and William Lonergan Hill — pled guilty to the second charge in their indictment: conspiracy to operate an unlicensed money transmitting business. NEW: The Samourai developers – Keonne Rodriguez and … Read more

Prime Trust Bankruptcy: What it Means for Bitcoin Custody and Investors

Bitcoin Magazine Prime Trust Bankruptcy: What it Means for Bitcoin Custody and Investors In June of 2023, Prime Trust, a regulated trust company that was widely regarded as a reliable custodian for digital assets, abruptly shut down. Over the following years, thousands of people and companies whose assets were held by Prime Trust were prevented … Read more

Bitcoin Mining Company Canaan Adopts BTC as Primary Reserve Asset

Bitcoin Magazine Bitcoin Mining Company Canaan Adopts BTC as Primary Reserve Asset Today, Canaan Inc. (NASDAQ: CAN) announced the adoption of a formal Cryptocurrency Holding Policy that positions Bitcoin as its core long term reserve asset. The new policy marks a strategic shift in how the company manages its digital assets, aiming to strengthen its … Read more

JPMorgan And Coinbase Announce Partnership ‘To Accelerate Crypto Adoption’

Bitcoin Magazine JPMorgan And Coinbase Announce Partnership ‘To Accelerate Crypto Adoption’ JPMorganChase and Coinbase announced a strategic partnership aimed at simplifying Bitcoin and crypto access according to a press release sent to Bitcoin Magazine today.  BREAKING: Coinbase and JPMorgan Chase partner to use Chase credit cards to make purchases on Coinbase. pic.twitter.com/mvGMGXIJ6C — Bitcoin Magazine … Read more

Bitcoin Price Reclaims $118,000 As SEC Approves In-Kind Creations and Redemptions for Crypto ETPs

Bitcoin Magazine Bitcoin Price Reclaims $118,000 As SEC Approves In-Kind Creations and Redemptions for Crypto ETPs The SEC announced Tuesday that it has approved orders permitting in-kind creations and redemptions for crypto asset exchange-traded products (ETPs), a move that could dramatically improve the efficiency of Bitcoin and crypto ETFs while potentially reducing costs for investors. … Read more

Strategy Purchases 21,021 Bitcoin After $2.52 Billion IPO

Bitcoin Magazine Strategy Purchases 21,021 Bitcoin After $2.52 Billion IPO Strategy, the leading Bitcoin corporate treasury company, announced it has purchased 21,021 BTC at an average price of $117,256, using proceeds from its $2.52 billion IPO of Series A Perpetual Stretch Preferred Stock (STRC). The acquisition brings Strategy’s total holdings to 628,791 BTC, valued at … Read more

Bitcoin Holds Firm at $118,000 as Trump’s Crypto Report Nears Release

Bitcoin Magazine Bitcoin Holds Firm at $118,000 as Trump’s Crypto Report Nears Release Bitcoin remains steady at $118,000 as markets await the Trump administration’s highly anticipated digital assets report, expected to be released tomorrow. The report is the first major crypto policy report under President Trump and could mark a historic shift in US support … Read more

Twenty One Capital CEO Jack Mallers Says Bitcoin Price Will Continue to Rise Above $150,000

Bitcoin Magazine Twenty One Capital CEO Jack Mallers Says Bitcoin Price Will Continue to Rise Above $150,000 In a bold and high-energy appearance on Bloomberg Crypto, Jack Mallers, CEO of Twenty One Capital, made clear his company’s ambition: to be the most dominant Bitcoin treasury in the world—and to ride Bitcoin’s value far past the … Read more