The Securities and Exchange Commission has approved the launch of MSTX, the first leveraged single-stock ETF targeting MicroStrategy. The ETF will seek to deliver 175% of MicroStrategy’s stock’s daily return. JUST IN: 🇺🇸 SEC approves the first leverage long MicroStrategy…
Category: Crypto Flash News
Crypto Behemoth Coinbase Enters The Bitcoin DeFi Arena
A short and cryptic tweet sparked a frenzy in X circles late Tuesday night when leading global exchange Coinbase hinted at plans to enter the wrapped Bitcoin market. The initial speculation was quickly validated by senior employees who corroborated their…
Silent Payments Are Coming To Better Protect Bitcoin Users
Bitcoin continues to provide a massive breakthrough in the digital age by allowing people to transact between each other without third parties. Bitcoin Magazine covered Silent Payments over two years ago to shed light on one of Bitcoin’s shortcomings: privacy.…
$10 Weekly Bitcoin DCA Yields 202% Return, Outshines Traditional Assets Over 5 Years
A recent analysis from Bitcoin Magazine Pro showcases the power of dollar-cost averaging (DCA) in Bitcoin compared to traditional assets like gold, Apple stock, and the Dow Jones Industrial Average (DJI). The data reveals that consistently investing $10 weekly into…
Goldman Sachs Holds Over $400M in Spot Bitcoin ETFs
Goldman Sachs has disclosed $418 million holdings in spot Bitcoin exchange-traded funds (ETFs), signalling a growing institutional appetite for Bitcoin exposure. BREAKING: 🇺🇸 Goldman Sachs reports holding over $400 million in spot #Bitcoin ETFs in new SEC filing 👀 pic.twitter.com/n4nWDfCm6w…
Over 1 Million Bitcoin Addresses Hold 1 BTC or More, Reflecting Strong Adoption
According to data from Bitcoin Magazine Pro, there are 1,012,650 Bitcoin addresses that contain 1 BTC or more. This represents more than 1 million BTC potentially taken off the market and held by strong hands, a significant portion of the…
Fedi Combines Bitcoin And Other Freedom Tech With Community
Company Name: Fedi Founders: Obi Nwosu, Justin Moon and Eric Sirion Date Founded: June 2022 Location of Headquarters: Fully remote Amount of Bitcoin Held in Treasury: N/A Number of Employees: 27 full-time employees Website: https://www.fedi.xyz/ Public or Private? Private Just…
Bitcoin Pioneer Chun Wang to Command SpaceX’s First Mission Over Earth’s Polar Regions
Chun Wang, the co-founder of Bitcoin mining pool f2pool and a well-known figure in the Bitcoin community, is set to command SpaceX’s first human spaceflight mission to explore Earth’s polar regions from orbit. Wang, who began mining Bitcoin back in 2011,…
Assessing the Lightning Network’s Last-Mile Solutions
Custodial Lightning has clearly achieved product market fit. Users benefit from instant Bitcoin payments and minimal fees, while custodians manage the complexities of channel and liquidity management. Major platforms like Coinbase, Cash App, Kraken, and Binance provide over 200 million…
Metaplanet Buys Another ¥500 Million Worth of Bitcoin
Metaplanet, a publicly listed Japanese investment firm, purchased an additional ¥500 million ($3.4 million) worth of bitcoin. This brings the company’s total Bitcoin holdings to 303, acquired for ¥2.95 billion ($20 million). JUST IN: 🇯🇵 Metaplanet buys another ¥500 million…