Bitcoin is a digital asset often described as a “commodity” because it shares many characteristics with traditional commodities like gold and oil or corn. Like other commodities, supply and demand market forces determine the value of Bitcoin as it trades continuously, 24/7, on various exchanges. Additionally, just like other commodities,
Author: Int'lBitcoin
Grayscale may sue SEC over GBTC to Bitcoin ETF conversion
Grayscale Investments is considering legal action against the Securities & Exchange Commission after multiple rejections of its spot Bitcoin ETF. Grayscale Investments is the global leader in digitally native assets. They formed in 2013 and gained prominence by growing alongside the emerging Crypto market. They have created institutional-grade investment trusts
Ukraine the next country to adopt Bitcoin as legal tender?
UPDATE 03/01/22: A lot has changed since I originally wrote this article. In the fall, when this information became available, everyone was at peace in Eastern Europe, and Ukraine was a bustling first-world country entertaining options of joining the EU. But a lot has changed with the invasion and the
Genesis Block Wallpapers
Images designed from the Bitcoin Genesis Block Code. The genesis block is the first block of a blockchain or timechain in the case of Bitcoin. The original Bitcoin genesis block had a message encoded into it by its creator, Satoshi Nakamoto. Its reads: “The Times 03/Jan/2009 Chancellor on brink of
Revolutionary Global Asset
At no time in the history of humankind have we had an asset that exists beyond the physical world. Never before have we seen a good that has no material existence and not only retains value but increases in value over time. Bitcoin is the first global digital asset. Bitcoin
El Salvador Bitcoin Purchase Timeline
October 27th, 2021: El Salvador President Nayib Bukele announced the purchase of an additional Bitcoin bringing the country’s estimated total to approximately 1120 BTC. El Salvador is transforming itself into a global leader in the transformation of the global monetary future. September 19, 2021: Nayib Bukele, the President of El
Fidelity: Bitcoin $10 million to $100 million
The Fidelity Bitcoin Analysis webinar was packed with a ton of valuable charts but one stands out. The Stock to Flow chart follows a popular model predicting ranges of Bitcoin price into the future. And the eye-popping numbers start showing up when you look out towards 2030 and beyond. At
Inevitable Adoption of Bitcoin
Fidelity states that almost all of their biggest clients are seeking Bitcoin exposure. They have also been investing heavily into Bitcoin mining company MMarathon Digital Holdings. They’ve added this exposure to Bitcoin mining across multiple investment vehicles including; Fidelity Series Total Market Index Fund (FCFMX), Fidelity Extended Market Index Fund
The Great Grayscale Bitcoin Trust Unlock of July 2021
UPDATE: The Great Unlock of GBTC was uneventful as suspected. The unlock did not cause a panic sell of Bitcoin. Per the SEC documents of Grayscale Investments as researched below, this is not even possible even though many uninformed or sources of malintent stated otherwise. Additionally, any major selling of GBTC
Bitcoin Price Weekly Update: 14th June – 20th June 2021
A warm welcome to a new week of hope and a good prospect to all bitcoin investors. The expected glory climb of bitcoin price is pretty much at hand.Indeed bitcoin as the giant in the crypto space never seizes to surprise us with awesome movements. Last week we expected a
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