Bitcoin Magazine News

Solana Enjoys 7% Boost Amid Sponsorship Of Lollapalooza Music Festival 

The proof-of-stake cryptocurrency Solana enjoyed a hefty boost during the popular music festival after it was advertised prominently during the opening day of the Lollapalooza music festival. [...]

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30 July 2021 09:51

Binance Pulls Futures And Derivatives Offerings From European Market

Crypto exchange Binance has announced that it is winding down its futures and derivatives products offerings across the European region. The shutdown will kick off in Germany, [...]

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30 July 2021 09:28

Ethereum Celebrates Sixth Anniversary—As Devs Race to Upgrade It

On July 30, 2015, the first iteration of Ethereum, then known by the name “Frontier,” was released. In the six years since the network came into existence, [...]

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30 July 2021 04:06

$1.5 Billion in Bitcoin Options Expire Tomorrow. Here’s Who Benefits

Bitcoin options contracts worth $1.5 billion will expire Friday on unregulated derivatives exchange Deribit. With Bitcoin’s price rebounding 10% in the last month, bullish traders could get [...]

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29 July 2021 22:30

US Lawmakers Fear Cryptocurrency Could Be a ‘Financial 9/11’, Says Congressman

Cryptocurrency has been the talk of Washington in recent weeks.  Treasury Secretary Janet Yellen and Fed Chair Jerome Powell are meeting behind closed doors to discuss the [...]

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29 July 2021 19:39

How Do You Stake Cryptocurrencies? Earning Passive Income With Crypto

While the Bitcoin network is secured by mining, many newer cryptocurrencies use an alternative consensus mechanism known as proof of stake (PoS). This involves users staking their [...]

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29 July 2021 17:25

Robinhood Stock Debuts at $38, Immediately Drops 9% Before Recovering

The online brokerage company Robinhood debuted its stock early Thursday, only to see a 9% drop in share prices over the next 15 minutes. The initial price [...]

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29 July 2021 17:17

PayPal CEO Touts Promise of Digital Wallets for Stimulus Payments

Is there a better way to distribute stimulus payments? The question has come up in light of governments’ efforts to hand out pandemic relief to their citizens—efforts [...]

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29 July 2021 15:39

State Street to Offer Crypto Services for Private-Fund Clients

State Street is continuing its foray into the cryptocurrency space after announcing it will soon offer its private-fund clients an array of crypto-related services. To accomplish this, [...]

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29 July 2021 15:36

Robinhood CFO Hints at Big Crypto Plans Post-IPO

The popular stock buying app Robinhood begins a new chapter as a public company on Thursday. This designation means the company will have to disclose more details [...]

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29 July 2021 14:01

Compass Helps Bitcoin Miners Sidestep Taxes By Connecting to IRA

Outside of accountants, no one likes paying taxes. That’s especially true of Bitcoin miners, whose crypto earnings are taxed in fiat dollars. Compass Mining, which sells hardware [...]

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29 July 2021 14:00

Bitcoin’s Hash Rate Rises After China’s Miner Exodus

Bitcoin’s global network appears to be recovering from the recent slump caused by China’s crackdown on the crypto mining industry. According YCharts, the Bitcoin hash rate reached [...]

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29 July 2021 12:47

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