How Dave Portnoy Became A Bitcoin Maximalist
Founder of Barstool Sports and rookie stock market trader Dave Portnoy said in a statement that he “would not buy anything but Bitcoin.” Many have speculated about Bitcoin’s importance in the greater ecosystem, to eventually change their minds and capitulate. Portnoy has become another juggernaut in the world as the founder of a growing media […]
El Salvador Bought 80 Bitcoin at $19,000
El Salvador has once again made an extremely bullish move by adding 80 more bitcoin to its holding. The 80 coins were purchased at an average price of $19,000, as per the Twitter post from Nayib Bukele, the president of the Central American country. El Salvador, after adopting bitcoin as legal tender in September 2021, […]
The Case For DCA Maximalism
This article was originally published on The Bitcoin Layer Dear readers, We are currently drafting an original research report exploring bitcoin’s first major recession, whether or not we enter a technical one based in forthcoming data. As we finalize that publication for your reading pleasure, we’ve developed this free post as an appetizer while you […]
54 Million Brazilians Now Able To Buy Bitcoin On Nubank
Bitcoin enthusiasts can now purchase Bitcoin (BTC) via Brazilian Nubank, one of the world’s largest online banks. This will give around 54 million users and more than 1 million companies the option to transfer funds using the blockchain-based currency. The online bank has introduced Nubank Cripto, the “new Nu app solution” and with the launch, […]
Jack Dorsey Kills Web3, Announces Web5
Jack Dorsey, the famous web developer and entrepreneur known for being one of the co-founders of Twitter, has recently announced the launch of “Web5”. What is Web5? Web5 is a new platform developed by The Block Head, one of the bitcoin business units belonging to Dorsey’s Block (formerly known as Square). Dorsey’s announcement was made […]
The Best Free Sites To Learn Bitcoin
What are the best materials, courses, books and resources to learn bitcoin? Read the complete list of bitcoin learning sites When you are new to bitcoin, things can be become overwhelming quickly. There are just so many different things to learn and to understand. Where should you start, and how can you be sure what […]
Chamath: Bitcoin Should Be Regulated Security
Sri Lankan-born Canadian and American venture capitalist Chamath Palihapitiya stated that Bitcoin (BTC) should be “regulated as a security.” Palihapitiya broke down his opinion of how Bitcoin is a security rather than a commodity in the 85th episode of the All-In Podcast. Chamath joins this weekly show with Jason Calacanis, David Sacks & David Friedberg […]
BIS Wants Banks To Hold 1% Of Reserves In Bitcoin
The Bank for International Settlements (BIS) decided to grant commercial banks to officially hold bitcoin. BIS plans to capitalize on the popularity of Bitcoin (BTC) despite the market being bearish for the past few weeks and has approved banks to hold up to 1% of reserves in Bitcoin. On June 30, BIS’s Basel Committee on […]
Grayscale Sues the SEC After Bitcoin ETF Blocked
Grayscale, a global digital asset management firm, and the entire investment community were waiting for the United States Securities and Exchange Commission (SEC) to decide on whether it would approve the company for the conversion of $GBTC into a Bitcoin spot ETF. The U.S. SEC finally decided to reject the October 2021-filed BTC spot ETF […]
Governments Push CBDCs But Africans Want Bitcoin
A battle is underway in Africa to determine whether its countries will adopt CBDCs or Bitcoin. Many sub-Saharan African central banks are exploring Central Bank Digital Currencies (CBDC) and have stated plans to roll them out in the near future. This comes as government praise for CBDCs is mounting, and the International Monetary Fund (IMF) […]
