SATOSHI’S THOUGHT PROCESS Have you ever wondered what it must have been like for Satoshi Nakamoto back in 2008 when he published the Bitcoin Whitepaper? Spending countless hours in solitude, meticulously writing the code that would bring the world its first-ever successful attempt at creating a truly decentralized monetary network, the first of which our species has ever had the privilege of experiencing. The pseudonymous creator’s thought process is one we can’t picture – laying out Bitcoin’s framework and ironing out the innovation that is the network’s distributed ledger, the…
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Marathon Brings The Heat As Bitcoin Halving Approaches
While to the greater Bitcoin culture, Bitcoin halvings are seen as a celebratory event, for miners, things tend to be a tad stressful. As Bitcoiners around the world gather to celebrate block 840,000, miners are hunkering down and preparing for their reward for mining blocks to decrease by 50%, while the cost of their operations remains the same. With the next bitcoin halving scheduled to occur on April 19, one might imagine that Fred Thiel, CEO of Marathon Digital Holdings, the largest publicly-traded Bitcoin mining company in the world, might…
Read MoreRights, Reason, Revolution: In DC at the Bitcoin Policy Summit
In the whirlwind of April 2024, with Bitcoin ETFs dominating headlines and halving celebration planning in full swing, the Bitcoin Policy Summit emerged as a pivotal moment for policymakers, industry leaders, and human rights champions. Against the backdrop of global discussions on Bitcoin regulation—and coinciding with a solar eclipse—the summit aimed to be a beacon of reason and a catalyst for action in the rapidly evolving world of digital assets. The Bitcoin Policy Summit boasted a remarkable turnout, with more than 45,000 individuals tuning into the livestream. Among the 500+…
Read MoreWhat the heck is CatVM?
Taproot Wizards released a cartoon yesterday called CatVM. I will not refer to it as a whitepaper, those are real academic documents for adults. In the cartoon, interspersed amongst the absurd childish narratives, were a few valuable technical insights regarding different scaling proposals in the Bitcoin ecosystem. Of course, in true cartoon fashion, buried between wild exaggeration and embellishment. The end goal of the cartoon was to propose a new mechanism for moving in and out of scaling layers built on top of Bitcoin. To disentangle that actual proposal from…
Read MoreBlackRock Releases Bitcoin Education Series
BlackRock, the world’s largest asset management firm with over $10.5 trillion in assets under management, has unveiled a series of educational content aimed at explaining Bitcoin, the Bitcoin halving, and its implications, along with insights into its approved spot Bitcoin ETF. “April is packed with rare events this year, with eyes set on the upcoming bitcoin halving – a unique process that only happens every 4 years,” said U.S. Head of Thematic and Active ETFs at BlackRock, Jay Jacobs. “Tune in below to learn how this impacts bitcoin’s value, and…
Read MoreBreaking Down The 2024 Bitcoin Halving: Implications and Predictions for Bitcoin Miners
The Bitcoin halving event, a pivotal occurrence, is scheduled for April, 19 2024. This quadrennial event will reduce the block subsidy for Bitcoin miners from 6.25 BTC to 3.125 BTC, thereby halving the reward that miners receive for their efforts. Such events have historically led to profound shifts in the mining landscape, potentially influencing various economic and operational facets of Bitcoin mining. Economic Outlook and Market Predictions After the halving, the immediate impact is a considerable decrease in miner revenue due to the reduced block subsidy. This could lead to…
Read MoreHong Kong Bitcoin ETFs to Trade by April 30th: Reports
Hong Kong’s highly anticipated spot bitcoin exchange-traded funds (ETFs) are slated to launch by the end of April, according to various industry sources. NEW: 🇭🇰 Hong Kong #Bitcoin ETFs to start trading by 30th April and could bring in $25 billion: Reports Just a matter of time 🚀 pic.twitter.com/Y1Xo4JVrO7 — Bitcoin Magazine (@BitcoinMagazine) April 17, 2024 The Hong Kong Securities and Futures Commission (SFC) recently approved several fund managers to offer spot bitcoin ETFs. Following this, OSL, a crypto infrastructure provider for some approved fund managers, stated that the bitcoin ETFs are…
Read MoreDylan LeClair: Bitcoin Bull Market Dip or Cycle Regime Shift?
This article is written in partnership with Unchained, the official US Collaborative Custody Partner of Bitcoin Magazine and integral sponsor of related content published through Bitcoin Magazine. For more information on services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website. Bitcoin tumbled below $60,000 over the weekend, fueled by conflict between Iran and Israel, sparking fears that escalation could lead to Western involvement in a war in the Middle East—an all too common occurrence in the 21st century that would lead to increased…
Read MoreAzteco Is Helping Millions Buy Bitcoin Without Sharing Their Identity
Company Name: Azteco Founders: Alexander Fernandez and Paul Ferguson Date Founded: 2014 Location of Headquarters: Santa Monica, CA Amount of Bitcoin in Treasury: Not disclosed Number of Employees: 12 Website: https://azte.co/ Public or Private? Private When Alexander “Akin” Fernandez first conceptualized Azteco over a decade ago, he simply wanted to make bitcoin easier to obtain. He wanted people to be able to purchase bitcoin as seamlessly as they were able to buy a gift card, and so he developed a system in which people can purchase prepaid bitcoin vouchers for as…
Read MoreBitcoin DevCon To Take Place Alongside Bitcoin Asia
In addition to showcasing the world’s most important Bitcoin companies and leaders of today, Bitcoin Asia is also a platform for the next generation of Bitcoin startups to meet, build, and get in front of the community. In support of the upcoming generation of builders, we will be giving a platform for early-stage teams to put their ideas and products to the test. Bitcoin DevCon is the premier forum for Bitcoin innovation, designed for developers, visionaries and creators poised to build the future of Bitcoin. It’s not just a meetup;…
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