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BUSINESS

Dive into Bitcoin Magazine’s Business category – latest news, trends, and analysis on Bitcoin’s impact in the corporate world.

BUSINESS

Coinbase CFO Says Kamala Harris Campaign Accepts Crypto Donations: Fortune

Nik -
Fortune reports that Coinbase CFO said Kamala Harris is using Coinbase Commerce to accept cryptocurrency donations for her presidential campaign.
BUSINESS

Switzerland’s Fourth Largest Bank ZKB Launches Bitcoin Trading

Vivek Sen -
Switzerland's fourth largest bank, Zürcher Kantonalbank (ZKB), has launched Bitcoin and crypto trading and custody services amid the country's open regulatory environment.
BUSINESS

Relai’s Bitcoin Mission: Bringing Europeans the Orange Coin Despite the Red Tape

Frank Corva -
Relai co-founder and CEO Julian Liniger wants to onboard as many EU and UK citizens as possible to Bitcoin, even if that means having to jump through regulatory hoops.
BUSINESS

Bitcoin Hashrate Records New ATH Surpassing 740 EH/s

Vivek Sen -
The Bitcoin network hashrate hit a new all-time high of 746 EH/s on September 3rd, showcasing improved security and fundamentals. This comes as Bitcoin prices decline, underscoring the disconnect between short-term pricing and long-term network health.
BUSINESS

BlackRock’s Bitcoin ETF Saw Outflow For the First Time Since May

Vivek Sen -
BlackRock's spot Bitcoin ETF, the iShares Bitcoin Trust, saw an outflow of $13.5 million on Thursday, marking the first withdrawal since May 1st amid a third straight day of outflows from Bitcoin ETFs.
BUSINESS

Australian Spot Bitcoin ETF Keeps on Buying

Vivek Sen -
While U.S. Bitcoin ETFs face outflows, Australia's spot Bitcoin ETFs continue steadily accumulating BTC holdings. The ongoing inflows highlight growing mainstream Bitcoin demand in the region.
BUSINESS

Leading Bitcoin Miner GDA Plans Mining Expansion to 400 MV Leveraging Renewables

Vivek Sen -
Leading Bitcoin miner GDA plans to expand its recently launched 60 MW Texas data center to 400 MW. The ambitious scaling signals GDA's commitment to leveraging Texas' renewable energy and innovation-friendly policies.
BUSINESS

Lightspark Introduces Instant Bitcoin Lightning Payments for U.S. Businesses with New Feature

Nik -
Lightspark introduces Lightspark Extend, its new solution allowing businesses in the U.S. to offer instant Lightning payments to eligible account holders.
BUSINESS

Bitwise Brings The Bitcoin Ethos To Wall Street

Frank Corva -
Bitwise co-founder Hong Kim is a hardcore Bitcoiner who’s determined to uphold Bitcoin’s ideals as his company, which issued one of the 11 US spot bitcoin ETFs, brings bitcoin to the world of traditional finance.
BUSINESS

Bitcoin ETFs Saw the Largest Outflow in Over Three Weeks

Vivek Sen -
U.S. spot Bitcoin ETFs saw $127 million in net outflows on Tuesday, marking the largest single-day withdrawal since August 6th. The outflow ended an eight-day streak of positive inflows totaling $756 million into the Bitcoin products.
BUSINESS

Hilbert Group Partners with Xapo Bank to Launch $200 Million Bitcoin Hedge Fund

Nik -
Hilbert Group and Xapo Bank have announced a strategic partnership to launch a Bitcoin-denominated hedge fund exceeding $200 million, set to launch in September 2024.
BUSINESS

BlackRock’s Bitcoin ETF Saw Highest Inflow in Over a Month

Vivek Sen -
BlackRock's spot Bitcoin ETF saw its largest single-day inflow in over a month on Monday, taking in $224 million amid a slight Bitcoin pullback. The sizable injection extends an 8-day streak of net inflows into US spot Bitcoin ETFs.
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