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US Government Moves Millions in Bitcoin to Coinbase

Vivek Sen -
The US government moved over $240 million worth of seized Bitcoin to Coinbase, stoking fears it may sell some of its massive Bitcoin reserves and cause downward price pressure.
BUSINESS

President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House

Nik -
This announcement comes amidst debates and discussions in Congress today regarding the regulation and oversight of digital assets.
MARKETS

US Government Preparing to Sell 30,000 Silk Road Bitcoin, On-Chain Data Shows

Nik -
US government prepares to sell bitcoin related to Silk Road for the first time since March 2023.
MARKETS

Donald Trump Says He “Sometimes Will Let People Pay Through Bitcoin”

Nik -
The former President says Bitcoin has taken on a life of its own.
MARKETS

Bitcoin Surpasses Silver To Become Second Largest ETF Commodity In The US

Nik -
Less than a week after launch, Bitcoin ETFs surpass silver ETFs in assets under management.
CULTURE

Bitcoin: Redefining Ownership

Lj Huang -
The winner of the 2023 Bitcoin Magazine Student Essay Contest: LJ Huang compares their experience growing up in China and the U.S. to understand how hyperbitcoinization will changes humanity’s modes of economic organization.
BUSINESS

Pouch.ph Launches Quick And Affordable Money Transfers From The Philippines To U.S. Banks

BtcCasey -
Pouch has enabled instant and secure money transfers from the Philippines to any U.S. bank account, offering convenience and competitive rates.
MARKETS

The US Government Sold Nearly 10,000 Silk Road Bitcoin

BtcCasey -
Uncle Sam made off with more than $215 million this month as it began to liquidate portions of seized bitcoin.
BUSINESS

Luxor Launches First Antminer Firmware Made In The U.S.

BtcCasey -
Bitcoin mining company Luxor Technologies has launched an Antminer-compatible firmware designed to maximize miner efficiency.
LEGAL

Crypto Exchange FTX Files For Bankruptcy, CEO Resigns

Namcios -
FTX Group, which includes FTX U.S., filed for Chapter 11 bankruptcy following an intense liquidity crisis; CEO Sam Bankman-Fried stepped down.
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