Category: Crypto Trends

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 commitment to Bitcoin transparency. JUST IN: 🇸🇻 El Salvador released a new website that tracks their #Bitcoin Treasury. El Salvador is winning 🔥 pic.twitter.com/U7CktWSBet — Bitcoin Magazine (@BitcoinMagazine) May 13, 2024 The platform is hosted…

JPMorgan Chase, the largest bank in America, has revealed exposure to spot Bitcoin Exchange-Traded Funds (ETFs) in a newly filed document with the Securities and Exchange Commission (SEC) today. Phoenix Trades The SEC filing by JPMorgan Chase provides specific insights into the bank’s exposure to spot Bitcoin ETFs. The bank currently has exposure to spot Bitcoin ETFs issued by some of the largest asset managers in the world: BlackRock, Fidelity, Grayscale, and more. Though, the amount of money allocated to each ETF seems a bit underwhelming, taking into consideration how much…

In a recent filing with the Securities and Exchange Commission (SEC), Wells Fargo, one of the largest banks in the United States, disclosed its exposure to spot Bitcoin Exchange-Traded Funds (ETFs).  JUST IN: 🇺🇸 Wells Fargo bank reveals it has spot #Bitcoin ETF exposure in new SEC filing 👀 pic.twitter.com/H1iY9puKVb — Bitcoin Magazine (@BitcoinMagazine) May 10, 2024 According to the filing, Wells Fargo holds positions in Grayscale’s spot Bitcoin ETF, ProShares Bitcoin Strategy futures ETF, and shares in Bitcoin Depot Inc., marking a notable entry into the Bitcoin market. Spot…

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 Money and a recent clip that went viral on Bitcoin Twitter and Fintwit. In the clip, Jared Bernstein, Chair of the Council of Economic Advisors to the US President, is seen not being able to…

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 — Bitcoin Magazine (@BitcoinMagazine) May 10, 2024 In an recent interview with journalist Mike Solana, Dorsey cited the collaborative Bitcoin ecosystem as a key driver of his bullish 2030 forecast.  He stated that anyone contributing to…

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Originally posted on Medium. In the context of bitcoin, “normie” means something like “don’t know, don’t care.” And “normie” comes from “normal.” In other words, normal people don’t care about bitcoin, at least not enough to use it. Lack of exposure is not the problem. Bitcoin now regularly appears in the headlines of mainstream media, like USAToday, Fox, Forbes, The Economist, Le Monde, you name it. The term bitcoin generates more search traffic than other terms most of us are sick of hearing, like kardashian. Search results for “bitcoin” and…

The European Securities and Markets Authority (ESMA), the EU’s financial watchdog, is reviewing whether to allow Bitcoin into the region’s €12 trillion mutual fund market. JUST IN: 🇪🇺 EU Securities Authority is exploring adding #Bitcoin and Crypto exposure to the €12T investment market. EU is gearing up 🙌 pic.twitter.com/kVYZrrEFCx — Bitcoin Magazine (@BitcoinMagazine) May 9, 2024 ESMA seeks feedback on expanding eligible assets for Undertakings for Collective Investment in Transferable Securities (UCITS). These mainstream retail investment products comprise over 75% of funds held by EU citizens. If Bitcoin is approved for…