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Is El Salvador’s Bitcoin Bet Finally Yielding Results?

Coinan PorterDec 14, 20232 min read

El Salvador’s Bitcoin Investment Turns Profitable El Salvador’s $117.5 million Bitcoin investment briefly became profitable, marking a milestone for the country. However, it has not achieved…

Blockstream’s Series 2 BASIC note aims to address persistent surplus of Bitcoin miners

Coinan PorterDec 14, 20232 min read

Blockstream Plans Second Series of Blockstream ASIC Note Offering Blockstream CEO Adam Back has revealed that the company is seeking to raise additional funds to purchase…

Bitcoin Mixers Receive Over $300 Million in Stolen Cryptocurrency Assets in 2023

Coinan PorterDec 14, 20232 min read

Bitcoin Mixers Becoming Popular Among Hackers Bitcoin’s decentralization offers freedom for asset transfers, but it also provides an opportunity for malicious actors to launder stolen funds.…

TMX Acquires Majority Stake in ETF Platform VettaFi for $848 Million, Enhancing Ownership to 100%

Coinan PorterDec 14, 20232 min read

TMX Group Acquiring VettaFi in $1.03 Billion Deal TMX Group, the operator of Canadian stock exchanges like the Toronto Stock Exchange and the Montreal Exchange, is…

Proposed: Implementation of Maturity Limits for Reserve Assets in Stablecoin, as Recommended by Basel Committee

Coinan PorterDec 14, 20233 min read

The Basel Committee Proposes Changes to Standards on Banks’ Exposure to Crypto Assets The Basel Committee on Banking Supervision of the Bank for International Settlements (BIS)…

Gemini Bitcoin Creditors Rise Against Controversial and Harsh Reorganization Proposal

Coinan PorterDec 14, 20232 min read

Gemini Earn Creditors Face Slashed Bitcoin Payouts in Proposed Reorganization Plan Creditors of Gemini Earn are unhappy with a proposed reorganization plan that could significantly reduce…

What the Fed Pause Means for Crypto Investors: A Positive Signal

Coinan PorterDec 14, 20233 min read

US Fed’s Decision to Pause Interest Rates Could Benefit Cryptocurrencies The United States Federal Reserve’s decision to pause and potentially lower interest rates next year is…

Increasing Number of Companies Expected to Incorporate Bitcoin into Financial Statements Following Significant Regulatory Modification

Coinan PorterDec 13, 20232 min read

U.S.-based Firms Set for Crypto Adoption Boost A new accounting rule change in the United States could lead to a surge in the adoption of Bitcoin…

Bitcoin Predicted to Reach $80K in 2024 as Stablecoins Outpace Visa: Bitwise Analysis

Coinan PorterDec 13, 20232 min read

Bitcoin Expected to Reach New All-Time High in 2024 A Bitwise senior research analyst predicts that Bitcoin will reach a new all-time high of $80,000 in…

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