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Latest News Stories

US & Canada · Fort Worth

Fort Worth becomes first city to mine bitcoin

74% Center coverage: 23 sources
The City of Fort Worth became the first-ever city government in the nation to mine for Bitcoin. Bitcoin is a digital currency that aims to solve the problem of double-spending. Mining involves using computers to solve complex math problems. Once the solution is solved, the person who solves the problem receives a block of bitcoins.See the Story
Business · New York

Gucci to Accept Crypto in Some US Retail Stores: Report

Coverage: 7 sources
Gucci will start accepting payments in cryptocurrencies in some of its stores in America. Customers will be able to pay using a number of cryptocurrencies, including Bitcoin, Ethereum and Litecoin. The service will be rolled out later this month at some of the brand's flagship outlets in Los Angeles and New York.See the Story
Wall Street

Goldman Sachs Makes Its First Bitcoin-Backed Loan

100% Center coverage: 2 sources
Goldman Sachs has offered its first bitcoin-backed loan, according to a Bloomberg report. A Goldman spokeswoman said the deal was attractive due to the structure and built-in risk management. Goldman traded its first over-the-counter bitcoin options to Galaxy Digital last month.See the Story

Binance.US Launches Zero-Fee Bitcoin Trading

100% Center coverage: 3 sources
Binance.US now offers zero-fee trading on four spot market pairings for BTC.Customers will still pay a 0.5% fee when using the Buy Crypto function. Binance cited rising fears of recession as its reason for lessening fees on its platform.See the Story

Here's why Bitcoin and other cryptocurrencies have crashed

Coverage: 4 sources
Many people, if not most, feel that bitcoin is boring or that some other cryptocurrency is better than bitcoin for various reasons. The contrast between bitcoin and other cryptocurrencies does not hinge on the differences in their utility, but in the ethos of their users. Bitcoiners are here for a peaceful, monetary revolution to create a brand new society in a way that has never been done before.See the Story

Coinbase took out the first Bitcoin-backed loan from Goldman Sachs By Cointelegraph

Coverage: 2 sources
Coinbase collateralized bitcoin for a cash loan with Goldman Sachs, the terms of which are currently undisclosed. The loan was be facilitated by Goldman Sachs in the bank's first bitcoin-backed loan. Goldman previously introduced itself to bitcoin through a non-deliverable bitcoin option facilitated by Galaxy Digital.See the Story

Does The Wisdom Of Bitcoin Come From An Ancient Civilization?

Leon Wankum is one of the first financial economics students to write a thesis about Bitcoin in 2015. He says the Inca lived in harmony with nature to build cities and sacred sites that still stand today. Bitcoin exists in harmony to create sound money from energy, he says.See the Story

Nubank Now Allows 53 Million Brazilians To Buy Bitcoin

Brazil's largest digital bank, Nubank, has rolled out bitcoin buying capabilities to all its 53.9 million customers. The Warren Buffett-backed fintech had announced the feature in May through a blog post, mentioning how the option would be rolled out in phases. The app also displays educational content in the Crypto section, providing information about what bitcoin is to novice investors.See the Story

Luxury Swiss Watchmaker Breitling Now Accepts Bitcoin

The Swiss watchmaker has added BitPay's cryptocurrency payments service to its website, allowing customers to choose BTC on checkout. TAG Heuer and Hublot have recently made similar announcements. Breitling joins a plethora of luxury brands jumping on the Bitcoin bandwagon in recent months.See the Story

Bitcoin Bear Markets: We’ve Been Here Before

Stephan Livera: Bitcoin price has dropped 75% from $69,000 to around $17,600. He says the blow-up of Luna/UST ponzi kicked off the crypto contagion and made it more apparent that this is a bear market. Livera says if you were consistently long-term stacking, you are still up.See the Story

Can Government Regulation Incentivize Bitcoin Mining With Renewable Energy?

C.J. Wilson and Josh Olszewicz are discussing the latest in the Bitcoin space and the bipartisan Responsible Financial Innovation Act. They discuss the New York state bill that focuses on bitcoin mining. They also discuss inflation effects and how natural resources need to be managed a certain way.See the Story

Why Europe Needs The World’s Biggest Bitcoin Conference

Brandon Green is the chief of staff for BTC Inc, the parent company of Bitcoin Magazine. Bitcoin Magazine has been hard at work growing the visibility and voice of the Bitcoin movement. Bitcoin 2022 was the largest Bitcoin conference in the world, but it was an U.S.-centric event. Bitcoin Amsterdam is our first conference outside of the United States.See the Story

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