In Bullish Report, Bloomberg Predicts $400,000 Bitcoin Price In 2021

In its latest monthly “Crypto Outlook” report, Bloomberg outlined the “rising bitcoin adoption tide” with some bullish sentiment. On April 6, Bloomberg released the April edition of its monthly “Crypto Outlook,” in which it outlined the bullish narratives around bitcoin and the burgeoning industry surrounding it. The report was notably bullish, particularly as it came […]

Bitcoiners Should Stand Up For My Brother, Julian Assange

Prosecution against WikiLeaks founder Julian Assange is a cruise missile against a free internet, and Bitcoin could be next. An Espionage Act prosecution against Julian Assange isn’t just an attack on the First Amendment. It’s a cruise missile against a free internet, and Bitcoin could be next. I never thought my older brother Julian Assange […]

Bitcoin Optech Newsletter #143: LN Node Software

This week’s Bitcoin Optech newsletter includes a release for LN node software and notable changes to Bitcoin Core. The Bitcoin Optech newsletter provides readers with a top-level summary of the most important technical news happening in Bitcoin, along with resources that help them learn more. To help our readers stay up-to-date with Bitcoin, we’re republishing […]

Riot Blockchain To Purchase 42,000 Antminers For $138.5 Million

North American bitcoin mining company Riot Blockchain will purchase 42,000 bitcoin mining rigs, upping its hash rate to 7.7 EH/s. Colorado-based bitcoin mining company Riot Blockchain has announced a contract to purchase 42,000 S19j Antminers from Chinese manufacturer Bitmain for $138.5 million, which will bring its hash rate capacity to an estimated 7.7 exahashes per […]

Ukraine’s Civil Servants Report Owning $2.6 Billion Of Bitcoin

A Ukranian government data report indicates that public officials there have declared owning 46,351 BTC, with several whales among them. According to Ukranian government data transparency provider Opendatabot, civil servants in the country have declared owning a total 46,351 BTC (worth some $2.6 billion at the time of this writing). The declarations came as property […]

Central Banks Update: Q1 2021

The hosts of “Fed Watch” reflected on bitcoin and macro-economic news from the first part of 2021. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of Bitcoin Magazine’s “Fed Watch” podcast, hosts Christian Keroles and Ansel Lindner reminisce about the year on the podcast so far […]

Buyer Of Beeple’s The First 5000 Days Says NFTs Are Risky

Vignesh Sundaresan made headlines in March this year when he bought Beeple’s NFT artwork ‘The First 5000 Days’ for a staggering $69 million. Bloomberg reports that Sundaresan (who goes under the moniker MetaKovan) has stated that anyone looking to profit from NFTs is taking on a “huge risk”. In a video interview, Sundaresan commented on […]

Buyer Of Beeple’s The First 5000 Days Says NFTs Are Risky

Vignesh Sundaresan made headlines in March this year when he bought Beeple’s NFT artwork ‘The First 5000 Days’ for a staggering $69 million. Bloomberg reports that Sundaresan (who goes under the moniker MetaKovan) has stated that anyone looking to profit from NFTs is taking on a “huge risk”. In a video interview, Sundaresan commented on […]