What is Grayscale Bitcoin Mini Trust?
Grayscale was one of the first companies out of the gate, trying to build institutional-grade products centred around Bitcoin. It first launched as private placements, allowing accredited investors to gain crypto exposure through a familiar investment vehicle structure. Grayscale’s claim to fame was its closed-end trust, created in 2013; GBTC has the longest operational history as the first […]
Bitcoin’s Battle With OFAC Compliance
Bitcoin is considered an open monetary network due to two key features: decentralisation of access to the network, since anyone can run a node or miner and support or use the network, and the entire system resting on an open-source code base that anyone can review and run. Unlike traditional currencies controlled by governments or […]
What Are Real World Asset Tokens?
Real-world assets, or RWAs, refer broadly to any traditional security or physical asset that derives its value from outside the blockchain, unlike the closed-loop ecosystem that Bitcoin provides. Think of it as a 3rd party representation of the underlying asset; these tokens can represent stock certificates or bonds, they could be NFTs that represent non-fungible […]
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 […]
How Do You Deal With Custodial LN Wallet Caps?
Lightning, the scaling solution for Bitcoin, promised fast and cheap transactions with a few trade-offs. Instead of providing the same UI as on-chain transactions, Lightning offers an entirely new ecosystem filled with its own technical competencies and learning curve. The many hurdles, like remaining online, managing liquidity and channel sizes, and more, have limited the […]
Why Are Exchanges Avoiding CoinJoined Bitcoin?
Bitcoin is a pseudonymous payment network; if you only use the data that’s available on-chain, it doesn’t provide you with any personal information on transacting partners or who the user is that owns that specific Bitcoin. As the market matured and large trading platforms with ties to traditional financial rails like banks became the biggest […]
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 Nation-State Bitcoin Mining?
Bitcoin mining has grown considerably from its humble beginnings, starting as a hobbyist activity where individuals who wanted to support network decentralisation would provide hashing power on their desktop or laptop computers and net 50 BTC every 10 minutes with very little competition. A decade later, those initial CPU miners have been priced out, and […]
5 Reasons Why Bitcoin Should NOT Be Taxed
Taxing Bitcoin and other cryptocurrencies is a hot topic, but let’s face it, trying to tax something that was born to be rebellious is like trying to put a square peg in a round hole. Primarily, Bitcoin, by its very nature as a decentralized digital currency, falls outside the traditional financial systems. It was designed […]