Posts published on January 30, 2024 go to media archive 2/3

Paypal’s PYUSD Stablecoin Central to Investment in Digital Finance Platform Mesh

Paypal Ventures, the venture capital division of Paypal, revealed this week its investment in Mesh, a financial technology startup focused on advancing digital payments. The investment entity emphasized that the capital injection was primarily…

Bitcoin’s Biggest Event: Kraken And Bitcoin Magazine Host The 2024 Bitcoin Halving Livestream Event

(NASHVILLE, TN – January 30th, 2024) Bitcoin Magazine, in collaboration with Kraken Digital Asset Exchange, is excited to unveil the 2024 Bitcoin Halving Livestream. This celebration, akin to a New Year's Eve variety show and featuring bitcoin’s…

GBTC Discount Narrows to Zero; Experts Say Return of Premium to NAV Is a Possibility

The recently disappeared GBTC discount may be “a sign of industry maturing and the improved enterprise acceptance of bitcoin.” While some see the disappearance of the discount as pointing to the re-emergence of the premium to the net…

How the Crypto Industry Responded to FinCEN's Proposed Mixer Rule

Last October, the Financial Crimes Enforcement Network proposed implementing a new regulatory regime for crypto mixing services that would treat the entire class of privacy tools as money laundering threats and force new recordkeeping rules on U.S…

Ten31 Marks First Public Listing for Bitcoin-Focused Venture Fund With BTC Miner GRIID

Today, Ten31, a world leading bitcoin technology investor, has announced the Nasdaq Global Market stock exchange listing of its portfolio company, GRIID Infrastructure. This marks the first public listing for a bitcoin-focused investment fund's…

GBTC Holdings Dip Below 500K BTC as Rivals Ramp up Accumulation

The latest data from Grayscale’s GBTC reveals that the trust’s bitcoin holdings have diminished to below 500,000, following a departure of 6,138.79 bitcoin from its reserves in the past day. Conversely, Blackrock’s IBIT has…

Why Is Bitcoin Price Up Above $43,000 Today?

Bitcoin is back above $43,000 just days after making a swift recovery from below $40,000 to $42,000. This trend reversal is believed to be due to a number of recent developments that have painted a bullish narrative for the flagship crypto token. …

US Sanctions on Russia Similar to Planting a ‘Bomb Under the Dollar,’ Says Russian Analyst

The United States’ sanctions against Russia are undermining confidence in the U.S. dollar and may force other countries to ditch the currency, a Russian financial analyst has said. The analyst said contrary to the West expectations, the…