News - Crypto Chicago

Bitcoin Is Now 5th Largest Base Money in the World⚡️ Zap 10 Sats (3/3/2024) - "Monetary base UPDATE. The pound sterling balance at the Bank of England was £889 billion on 31-Jan-2023 (~$1.12 trillion). Right now Bitcoin’s cap is $1.16 trillion," said Matthew Mezinskis of Porkopolis Economics on X. Continue Reading

BlackRock’s Spot Bitcoin ETF To Start Trading in Brazil Tomorrow⚡️ Zap 10 Sats (2/29/2024) - The launch follows the announcement by BlackRock that the Brazilian Depositary Receipts (BDRs) of its iShares Bitcoin Trust ETF (IBIT39) will begin trading on B3, Brazil's stock exchange, on Friday, according to the report. Continue Reading

Japan Moves to Allow Investment Funds to Hold Crypto⚡️ Zap 10 Sats (2/24/2024) - Japan inched closer to allowing venture capital firms and other investment funds to hold digital assets directly, after Prime Minister Fumio Kishida’s administration agreed to submit a revised bill to implement the change. Continue Reading

RIOT PLATFORMS AND TEXAS BITCOIN COUNCIL SEEK INJUCTION AGAINST EIA SURVEY⚡️ Zap 10 Sats (2/24/2024) - UPDATE: The EIA has agreed to temporarily suspend their survey of miner energy use. Continue Reading

‘Alarming’ growth of bitcoin treasuries prompts all-time high price prediction⚡️ Zap 10 Sats (2/21/2024) - As large public companies, financial products, countries and other large entities, continue to accrue bitcoin at growing rates, diminishing available supply of the asset could be largely responsible for its 22% price gains in the last month. Continue Reading

Bitcoin as Legal Tender: El Salvador’s Groundbreaking Decision⚡️ Zap 10 Sats (2/20/2024) - The aim is not to dispute these outlets' claims but to suggest ways to enhance Bitcoin news coverage, noting a need for better education and less political polarization. For example; price discussions, particularly amid the bear market since late 2021, have overshadowed coverage, affecting public Bitcoin perception negatively due to alarmist generalizations. Continue Reading

The Lightning Network Grew by 1212% in 2 Years⚡️ Zap 10 Sats (2/18/2024) - For the Lightning Network to achieve its full potential in helping Bitcoin scale to more users, it is important that observers have an accurate understanding of activity on the network. Continue Reading

Federal regulators are probing whether Cash App leaves door open to money launderers, terrorists⚡️ Zap 10 Sats (2/18/2024) - Over three-quarters of U.S. adults have used a mobile payment app, such as Cash App, PayPal or Venmo, according to a 2023 study by the Consumer Finance Protection Bureau. But these services, also known as person-to-person payment platforms, pose risks to their users and to the financial system, regulators say Continue Reading

Block 831000: Important News of the Week⚡️ Zap 10 Sats (2/18/2024) - News. Updates. Research. Stats. Everything Important You Need to Know. Continue Reading

Meanwhile Group Launches Bitcoin Private Credit Fund⚡️ Zap 10 Sats (2/17/2024) - Meanwhile Group, the parent company of the first and only life insurance company entirely denominated in a digital asset, has unveiled its first-of-its-kind bitcoin private credit fund, Meanwhile BTC Private Credit Fund LP. Continue Reading