How Much Bitcoin Do Governments Hold?
Germany’s latest sale of 50,000 Bitcoin has revealed a number of large Bitcoin holders that very few of us pay attention to. Believe it or not, some governments around the world have quite a healthy Bitcoin balance sheet. As of recent estimates, governments collectively own approximately ₿ 517 414, which accounts for about 2.4% of the […]
EU To Put Chokehold On Bitcoin Wallets
Just when you thought Bitcoin was on the up, that the suits would finally give in with the rollout of the US spot ETF, and the price would be free to melt faces, the FUD makes a return, this time from the European Union (EU). The EU has taken a significant step towards regulating the Bitcoin market, […]
EIA Coming For US Bitcoin Miners
It’s been three years since the great Chinese mining ban of 2021, which saw majority ownership of the global hash rate go offline, as miners had to pack up and perform a great trek towards greener pastures. Some found their footing in other parts of Asia and continental Europe. The fact that 70%+ of the hash […]
What Is The Bitcoin Travel Rule?
Bitcoin, as it states in the white paper, is peer-to-peer electronic cash; it has no central issuer since anyone who can mine can earn it, while those who wish to acquire it can do so by trading something of value with another person. These trades can be conducted as fiat to Bitcoin trades, trading your time and […]
What Is A Digital Commodity?
The rise of Bitcoin has sparked many arguments, and one centres around its classification as a digital commodity. This brand-new asset class doesn’t fit well in the existing regulatory framework. As it finds its way into the hands of retail participants and the world and institutions are taking positions too, these institutions seek regulatory clarity […]
Can Your Bitcoin Be Seized By Governments?
Bitcoin is a contentious topic for many; the idea of having your money stored in a system that is free from government control is a foreign concept to us. When we consider the size of the Bitcoin market today, it’s starting to make a meaningful impact on the world stage and is beginning to strip […]