Entries by Bitcoin Developer

Lummis Blasts Democrats Ahead of Clarity Act Vote — But Adds Bill Can Get Passed

Bitcoin Magazine

Lummis Blasts Democrats Ahead of Clarity Act Vote — But Adds Bill Can Get Passed
Pro-crypto senator Cynthia Lummis has said that the Clarity Act can still get through, but it’ll need “further compromise” from Democrats.
This post Lummis Blasts Democrats Ahead of Clarity Act Vote — But Adds Bill Can Get Passed first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitmine Adds 28,086 ETH as Ethereum Treasury Hits $14.8B

Bitmine now controls about 5.93 million ETH, worth about $14.8 billion, putting it within touching distance of its 5% ethereum supply goal. With most of that position staked, the company is turning its balance sheet into one of the biggest single bets on ethereum anywhere in public markets. Bitmine Builds One of Public Markets’ Biggest

Cathie Wood Sees Bitcoin Price Breakthrough as Gold Link Strengthens

Bitcoin’s relationship with gold is strengthening even as the cryptocurrency becomes less sensitive to rising Treasury yields. Cathie Wood says the shift is reassuring, adding to the case that bitcoin may be maturing into an independent monetary asset rather than trading like a high-beta tech stock. Bitcoin-Gold Correlation Climbs as Treasury Sensitivity Weakens Bitcoin’s price

Liquid Gets 3,400 BTC Back After On-Chain Talks; White Hats Keep 598.5 BTC

Bitcoin Magazine

Liquid Gets 3,400 BTC Back After On-Chain Talks; White Hats Keep 598.5 BTC
A self-described white-hat party returned 3,400 BTC to Liquid Network’s federation wallet on Monday after Blockstream said bridge nodes were patched. About 598.5 BTC, near $47 million, remains at the holder address.
This post Liquid Gets 3,400 BTC Back After On-Chain Talks; White Hats Keep 598.5 BTC first appeared on Bitcoin Magazine and is written by Juan Galt.

Citi, DBS Send Tokenized USD in Minutes as TradFi Rails Sleep

On Sept. 6, two major multinational banking and financial services corporations, DBS and Citi, announced the firms completed a USD payment between Singapore and the U.S. over the weekend, leveraging tokenized deposits via the Swift Digital Ledger. Citi and DBS Put Swift’s 24/7 Digital Ledger to the Test During Weekend Hours The blockchain technology used,

Bitcoin’s $9.07B Whale Profit Record Puts Rally Floor to Test

Bitcoin’s short-term whale cohort amassed a record $9.07 billion in unrealized profit before the figure eased as BTC slipped. A new analysis suggests the paper gains could increase selling pressure and test the rally’s underlying price floor. Bitcoin Whale Paper Gains Reach a Record Short-term holder whale unrealized profit and loss reached $9.07 billion on

Fomo Takes Crypto by Storm, Grayscale Predicts Rotation From Stocks, and More – Weekly Recap

This week’s stories spanned retail trading, portfolio diversification, regulation, privacy, and sanctions. Fomo broke into the top five U.S. finance apps, while Grayscale argued that record stock concentration strengthens the case for crypto. Prediction markets turned bearish on the CLARITY Act, a claimed leak of 153 million drivers’ licenses reignited criticism of KYC, and the

Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves

Bitcoin Magazine

Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves
Liquid Network said purported white-hat hackers withdrew about 4,000 bitcoin from the federation wallet that backs L-BTC. Bridge nodes are disabled and the sidechain is paused.
This post Alleged White-Hat Hackers Withdraw 4,000 bitcoin from Blockstream’s Liquid Network Federation Reserves first appeared on Bitcoin Magazine and is written by Juan Galt.

US Spot XRP ETF Inflows Reach $1.68 Billion as Demand Accelerates

U.S. spot XRP ETFs have accumulated approximately $1.68 billion in net inflows, while their combined net assets stood at about $1.48 billion. The totals show continued demand for exchange-listed XRP exposure despite uneven daily flows and price volatility. XRP ETF Inflows Build Despite an Uneven September Start U.S. spot XRP exchange-traded funds (ETFs) ended Sept.

Bitcoin Whale Shifts 1,260 BTC as 75 Casascius Coins Are Peeled

Following the 2010 dormant bitcoin wallets that shifted 600 vintage BTC from the Satoshi-era, another whale with a wallet first created in 2016, shifted 1,260.77 BTC worth over $100 million at block height 965770. Decade-Old Bitcoin Stash Turns Into $100 Million Fortune At first, September was witnessing a slowdown of dormant bitcoin moves in comparison

Bitwise CIO Calls Bitcoin and Zcash Assets to Own for the Next Decade

Bitwise CIO Matt Hougan has boiled the whole crypto market down to three stories, i.e., bitcoin, zcash and tokenization. Three Stories, One Portfolio Matt Hougan isn’t typically one to pick individual assets, as the Bitwise chief investment officer spends most of his airtime on structure, be it exchange-traded funds (ETFs), financial advisors, or regulation. However,

Ripple CEO Says US Crypto Capital Goal Is Now ‘Within Reach’

Ripple CEO Brad Garlinghouse renewed his call for U.S. crypto leadership after joining industry executives and federal regulators at the White House. His message arrives as the CLARITY Act approaches a Senate procedural vote on federal crypto market structure legislation. Garlinghouse Renews US Crypto Leadership Call Ripple CEO Brad Garlinghouse renewed his support for President

Strategy Joins SpaceX, Google, Intel as Top US Equity Issuers

Strategy ranked fourth among the largest U.S. equity issuers in 2026 after issuing $20.9 billion in common and preferred stock, according to CEO Phong Le. The bitcoin treasury company trailed SpaceX, Alphabet, and Intel. Strategy Reaches the Top Four Strategy Inc. (Nasdaq: MSTR) joined some of America’s largest technology companies near the top of the

UK Revolut Nears US Bank Launch as Bitcoin Services Could Follow

Revolut has secured conditional OCC approval for a U.S. national bank charter, clearing a major regulatory hurdle in just six months. If final approvals arrive, the fintech plans to launch Revolut Bank US in 2027 with deposits, lending, cards, crypto, and eventually stablecoins. Revolut Eyes US Stablecoins After Clearing Key OCC Hurdle Revolut has moved

Geyser Rejects Cuba Bitcoin Initiative Over US Sanction Compliance

Cuba Bitcoin, a Bitcoin community, reported that an application to launch an initiative on Geyser, a crowdfunding platform, was rejected because the wallet used was affected by U.S. sanctions. Geyser acknowledged that while the company was founded under the Bitcoin ethos, some limiting factors were outside its control. Geyser Rejects Cuba Bitcoin Initiative Under Sanctions

Coinbase Brings 24/7 Stock Perpetuals to the US

Coinbase has filed two notices with the Securities and Exchange Commission (SEC) to offer single-stock perpetual futures to U.S. traders, and its policy chief says the Commodity Futures Trading Commission (CFTC) must sign off next. What Was Filed The filings, dated Sept. 1, cover two regulated arms. Coinbase Derivatives filed Form 1-N to register as

El Salvador Isn’t Buying Bitcoin With Public Money, Says IMF 

Bitcoin Magazine

El Salvador Isn’t Buying Bitcoin With Public Money, Says IMF 
El Salvador apparently received bitcoin from private donors rather than using government funds, according to the International Monetary Fund.
This post El Salvador Isn’t Buying Bitcoin With Public Money, Says IMF  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Bear Market May Not Yet Be Over, Says Fidelity 

Bitcoin Magazine

Bitcoin Bear Market May Not Yet Be Over, Says Fidelity 
Fidelity argues that bitcoin may have seen its bottom in July. But there’s still evidence it could drop again to a new low later this year.
This post Bitcoin Bear Market May Not Yet Be Over, Says Fidelity  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Hargreaves Lansdown Adds Bitcoin, Ether ETNs for Eligible UK Investors

Hargreaves Lansdown has begun offering bitcoin and ether exchange-traded notes to eligible U.K. customers, nearly a year after regulators reopened retail access. The move brings crypto exposure to one of the United Kingdom’s largest investment platforms, though strict eligibility checks remain in place. Hargreaves Lansdown Lists 9 Crypto ETNs From Blackrock, Bitwise One of the

SWIFT Services Provider Taps Chainlink to Bring 600 Banks Onchain

Chainlink and Bottomline are teaming up to give more than 600 banking customers access to blockchain-based cross-border settlement while allowing banks to keep using familiar payment messaging systems. Bottomline Brings Blockchain Rails to a $16 Trillion Payments Network The recently announced partnership puts Chainlink technology inside a significant piece of global financial infrastructure. Bottomline, a

Bitcoin Miners Pocket $1B in August, but Halving Pain Still Lingers

According to metrics, last month, bitcoin miners logged their best month in revenue since May, capturing $1 billion in profits between the subsidy and fees. The strong earnings were fueled by bitcoin’s price rising 24.95% in August, giving mining operators some much-needed breathing room. Bitcoin Miners Pocket $1 Billion as Hashprice Finds Relief Bitcoin miners

‘Crypto Capital of the World’: SEC Chair Expects Clarity Act to Pass This Month

Bitcoin Magazine

‘Crypto Capital of the World’: SEC Chair Expects Clarity Act to Pass This Month
Securities and Exchange Commission Chair Paul Atkins has been pushing ahead with crypto regulation despite a delay in a vote on the Clarity Act.
This post ‘Crypto Capital of the World’: SEC Chair Expects Clarity Act to Pass This Month first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin

Bitcoin Magazine

Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin
The Mexican business magnate continues to tell people to escape what he calls the “fiat fraud.”
This post Mexican Billionaire Ricardo Salinas Tells People To Escape Fiat Inflation With Bitcoin first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index

Bitcoin Magazine

When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index
Cornell University spoke to 25,880 people about using bitcoin. While many don’t understand the tech in depth, it’s proving useful for some.
This post When the Banks Don’t Work, Bitcoin Does: Cornell University’s Adoption Index first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Rising Price Manipulation Attacks Increasingly Hurt Crypto Traders and Lenders

Besides organic growth and pump-and-dump schemes, there’s another increasingly popular yet malicious reason why your crypto might be skyrocketing, as price manipulation attacks have already surpassed the results for the whole of 2025. It is hurting participants in the growing crypto-backed lending market too. These attacks occur when an attacker artificially pumps the price of

Strategy Opposes MSCI Proposal, Says Bitcoin Treasury Firms Are Being Targeted a Second Time

Bitcoin Magazine

Strategy Opposes MSCI Proposal, Says Bitcoin Treasury Firms Are Being Targeted a Second Time
Bitcoin treasury Strategy has blasted Morgan Stanley Capital International’s proposal to exclude it from its Global Investable Market Indexes, calling it “misguided” and “flawed.”  Writing in a letter to MSCI Monday, the Nasdaq-listed Bitcoin behemoth’s founder, Michael Saylor, and CEO, Phong Le, said that the company was discriminating against digital asset businesses.  MSCI said earlier
This post Strategy Opposes MSCI Proposal, Says Bitcoin Treasury Firms Are Being Targeted a Second Time first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bessent’s Bond Buyback Gamble, Druckenmiller’s Response, and More – Weekly Recap

This week’s stories showed crypto pushing deeper into traditional finance as markets rallied. Charles Schwab moved beyond BTC and ETH by adding SOL, AVAX and LINK, while Circle minted 5 billion USDC in a week. Bitcoin reclaimed $80,000 as Treasury buybacks fueled debate over yield suppression, with Stanley Druckenmiller warning against intervention. Meanwhile, Coinbase and

Ripple Donates $300K to Support Nepal and Tibet Flood Relief

Ripple is donating $300,000 to World Central Kitchen and Mercy Corps following devastating floods in Nepal and Tibet. The funding will support emergency meals, clean-water access, and sanitation efforts in affected communities. Ripple Directs $300K to Emergency Assistance A $300,000 Ripple donation will support emergency food, water, and sanitation assistance after destructive flooding struck Nepal

Bitcoin Cools Off After $3 Billion ETF-Driven Surge 

Bitcoin Magazine

Bitcoin Cools Off After $3 Billion ETF-Driven Surge 
Bitcoin’s run slowed down Friday after the Federal Reserve chief said inflation was too hot. Its run was charged by speculators throwing billions at the popular investment vehicles.
This post Bitcoin Cools Off After $3 Billion ETF-Driven Surge  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Debasement Trade Is Here Thanks to Government Debt — And Bitcoin Will Benefit: Grayscale

Bitcoin Magazine

Debasement Trade Is Here Thanks to Government Debt — And Bitcoin Will Benefit: Grayscale
The so-called debasement trade is benefiting bitcoin, the asset manager’s research team has said.
This post Debasement Trade Is Here Thanks to Government Debt — And Bitcoin Will Benefit: Grayscale first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin’s Moment Has Come for the Far East, Says Metaplanet CEO

Bitcoin Magazine

Bitcoin’s Moment Has Come for the Far East, Says Metaplanet CEO
Just as the regulatory landscape changes, Asians are looking for places to park their cash. The opportunity is Bitcoin, Metaplanet CEO Simon Gerovich argued at Bitcoin Asia.
This post Bitcoin’s Moment Has Come for the Far East, Says Metaplanet CEO first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Circle Brings USDC Into UK Premier League With Chelsea Shirt Deal

Circle has signed a principal partnership with Chelsea Football Club that will put the company and USDC branding on the club’s men’s, women’s, and academy shirts from the 2026/27 season. The agreement gives one of crypto’s largest stablecoins a prominent place in global sports marketing. Circle Puts USDC on Chelsea Shirts From 2026/27 Season Circle

BTC Rejects $81,500 as Whales Build Massive Sell Wall at $81K

Bitcoin briefly rallied to $81,500 before pulling back below $79,300, failing to hold the critical $80,000 support level for the second time in a week. Bitcoin Loses Steam Ahead of Fed Chair Speech Bitcoin lost momentum soon after breaching $81,000, as markets awaited Federal Reserve Chair Kevin Warsh’s inaugural Jackson Hole speech. The price slid

Genius Group Sets $2B Dual Treasury Target Months After Liquidating Bitcoin Holdings

Bitcoin Magazine

Genius Group Sets $2B Dual Treasury Target Months After Liquidating Bitcoin Holdings
Genius Group has announced a new plan to buy bitcoin — just months after selling its entire stash.  The NYSE-listed AI-powered education company said in a Thursday statement that it was aiming to build parallel AI and bitcoin treasuries worth a combined $1.6 billion, with total company assets targeted at $2 billion by fiscal year
This post Genius Group Sets $2B Dual Treasury Target Months After Liquidating Bitcoin Holdings first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.