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Digital Currency Group And Genesis Reach Restructuring Agreement With Creditors

The plan would see the sale of Genesis alongside other measures in a deal reached with DCG and Gemini Trust Co.Genesis, a subsidiary of Digital Currency Group, has reached a restructuring agreement with key creditors according to statements by…

You’re Still Early: An Objective Look At Bitcoin Adoption

How many bitcoin users are there? How should we define a bitcoin user? An analysis for categorizing and tracking user growth compared to other estimates.The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's…

Reduced To Penny Stocks In 2022, Public Bitcoin Miners Are Primed To Come Back

After a historically-bad year for bitcoin mining, public companies that fell into penny stock status surged back in January following a strong bitcoin rally.2022 was arguably the worst year on record for bitcoin mining. Every market suffered from…

CleanSpark Mines Record 697 Bitcoin In January, A 50% Increase Since December

The bitcoin mining firm is reaping the rewards of expansion as it had a record month with solid reliability.CleanSpark has reported that the firm mined a record 697 bitcoin in a single month, an increase of 50% from December 2022’s amount.“We had a…

Bear Market Setbacks Have Left Bitcoin Miners Behind Their Gold Counterparts

Digital gold mining companies suffered harsher drawdowns than their legacy counterparts in 2022.Bitcoin’s prominent memetic narrative as “digital gold” begs a comparison to the real yellow metal. But since the advent of Bitcoin, comparative…

LevelField Financial To Become First FDIC-Insured Bank to Offer Traditional Banking And Bitcoin Services

LevelField Financial is set to acquire Burling Bank in a move that would enable access to bitcoin for traditional banking customers.Once the acquisition is approved by regulatory authorities, LevelField Financial will be able to expand its services…

South African Retail Giant Pick-n-Pay Now Accepts Bitcoin Payments At All Locations

Pick n Pay has partnered with CryptoQR in order to accept bitcoin at more than 2,000 stores.Pick n Pay, a South African retailer, has launched acceptance of bitcoin for payments throughout all of their stores. Previously, a test pilot had rolled…

No Policy Pivot In Sight: “Higher For Longer” Rates On The Horizon

The market is nearly unanimous in expecting a 0.25% rate hike during February's FOMC meeting, yet many expect a “pause” shortly thereafter. We beg to differ.The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's…

Strike Launches Instant, Cheap Remittances For The Philippines Using Bitcoin Lightning

U.S. users of Strike can now use Send Globally to send instant, cheap remittances to loved ones in the Philippines.Strike, the leading digital payment platform built on Bitcoin's Lightning Network, has announced the expansion of its "Send Globally"…

German Asset Management Giant DekaBank To Offer Bitcoin And Crypto

DekaBank, one of Germany’s largest asset managers, has selected Swiss crypto services provider Metaco to offer bitcoin related products to its clients.German finance giant DekaBank will offer bitcoin products to its institutional customers.The firm…