Crypto News
The Node: Tim Draper on Bitcoin’s Gravitational Pull
Central to Draper’s worldview is the notion that bitcoin is simply better technology than any government-issued currency.Roughly 20% of the global adult population is unbanked, according to the World Bank; Bitcoin enables such people to make online payments, and manage their savings. It’s also incredibly efficient in terms of sending money abroad. A wire transfer will usually take three to five business days (if not more) to arrive, whereas a Bitcoin transaction will generally be sorted within 10 minutes to an hour (or a couple of seconds if you’re using the Lightning Network).This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter...
‘Tokyo Beast’ Speedruns Crypto Game Cycle, Shutting Down Just a Month After Launch
In a positive wrinkle, the makers of Tokyo Beast will compensate NFT owners and some TGT token holders amid the game’s closure.Source link
Clear-Cutting Bitcoin: Inside BSTR’s Bulldozer Strategy to Accumulate BTC and Tap Dormant Reserves
According to Sean Bill, chief investment officer at BSTR, only a few companies will ultimately stand out in the bitcoin treasury arena—and he’s placing his bet on Bitcoin Standard Treasury Company (BSTR) to be one of them. BSTR’s Aggressive Bitcoin Accumulation and Dormant Reserve Strategy Just last week, BSTR kicked things off with a stashSource link
MARA Stock Dives as Bitcoin Miner Reveals Plan to Raise $850 Million to Buy More BTC
Bitcoin miner MARA Holdings plans to raise $850 million through a private sale to buy more BTC—and its stock has fallen 10% on the day.Source link
Coinshares Claims First Continental Europe MiCA Asset Manager Status
Coinshares Asset Management has become the first continental European regulated asset manager authorized under the EU’s Markets in Crypto-Assets (MiCA) regulation. Coinshares Asset Management Reaches MiCA Regulatory Milestone According to the announcement shared with Bitcoin.com News, the authorization, granted by the French Autorité des marchés financiers (AMF) to the French subsidiary of Coinshares International Limited,Source link