Весь контент Bitcoin
-
Bitcoin Slides as US-Iran Tensions Escalate
Bitcoin Magazine Bitcoin Slides as US-Iran Tensions Escalate Bitcoin slid on Tuesday after investors went into “risk-off” mode following escalating attacks between the U.S. and Iran. The largest cryptocurrency had initially shrugged off President Donald Trump’s threats to the Middle Eastern nation, as well as the first strikes. But things heated up on Tuesday, and bitcoin’s price slid. It was recently down more than 2% on the day, trading for $77,363. The coin had pushed past as high as nearly $81,282 on Friday. The Tuesday attacks from the U.S. were because Iran tried to put mines in the Strait of Hormuz, and also because of an attack on an American military base in Jordan, according to President Trump. U.S. Central Command said on X that Iran had also attacked commercial ships. Today at 12 p.m. ET, U.S. forces began striking Islamic Revolutionary Guard Corps (IRGC) targets in Iran. The strikes follow recent attempted attacks by the IRGC against commercial shipping in the Strait of Hormuz and against American service members deployed to the region. — U.S. Central Command (@CENTCOM) September 1, 2026 “The strikes follow recent attempted attacks by the Islamic Revolutionary Guard Corps against commercial shipping in the Strait of Hormuz and against American service members deployed to the region,” the post read. Iran responded with a “decisive operation” against U.S. military bases, according to Iranian media. Oil surged on the news. Bitcoin’s price has been sensitive to geopolitical tensions this year — especially after Iran and Israel attacked Iran. The cryptocurrency has typically faced downward pressure on news of war, only to then rally when Trump raised hopes of a ceasefire. Despite Bitcoin’s price being relatively muted, in recent months, it has made more wild swings since mid-August. Bitcoin’s immediate reaction to rising oil prices is to drop: more expensive energy means higher inflation, and higher inflation typically means the U.S. central bank will postpone rate cuts, which can restrict the liquidity that bitcoin needs to gain momentum. The Federal Reserve’s chair, Kevin Warsh, last week gave his first major speech as leader of the central bank and said that inflation in the world’s largest economy had not come down enough. Traders are now no longer pricing in an interest rate cut this year, instead expecting a hike. Bitcoin has typically performed well in the past in low interest rate environments. Still, the coin had one of its best runs in August after the U.S. Treasury said it would at least double the size of its liquidity-support buyback operations, in response to surging borrowing costs. The announcement hurt the dollar but non-yielding assets like bitcoin and gold have benefited. This post Bitcoin Slides as US-Iran Tensions Escalate first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
Bitcoin Defies Seasonal Slump With Third-Best August Ever
Bitcoin Magazine Bitcoin Defies Seasonal Slump With Third-Best August Ever Bitcoin is known for its summer slumps. But August was different. In fact, the leading cryptocurrency had its third best August ever. As highlighted on Tuesday by Bitwise’s European Head of Research, André Dragosch, bitcoin delivered returns of 25% last month. “No ‘summer lull’ so far,” Dragosch wrote on X, highlighting that the only better Augusts the coin has had were in 2017 when it gave investors returns of nearly 66%, and 2013, with close to 31%. OFFICIAL: August 2026 is in the books and it's been the 3rd best August in bitcoin's history. August 2017: +65.6% August 2013: +30.7% August 2026: +25.0% No "summer lull" so far. pic.twitter.com/jwHt2VP5Sk — André Dragosch, PhD (@Andre_Dragosch) September 1, 2026 Multiple analyses point to the months of June-September showing weaker average returns than the rest of the year. Throughout most of June and July, bitcoin’s volatility was particularly muted, and the coin traded below $65,000. But that changed in mid-August after the U.S. Treasury Department said it would more than double the size of its government debt repurchases due to fixed income markets under pressure and yields surging to levels not seen in nearly 20 years. Lower long-term yields reduce the opportunity cost of holding non-yielding assets like bitcoin and gold, and generally support risk-on sentiment. Investors flooded into bitcoin as a result. Positive news soon followed, with President Donald Trump urging lawmakers to get the long-awaited crypto Clarity Act over the line. The digital asset industry has long called for clear rules on how regulators should treat bitcoin, stablecoins and other cryptocurrencies. Despite a delay in a vote on the legislation, Trump called the draft “very powerful.” The president made the comments after having met with crypto industry bigwigs and CEOs. Investors also rushed back into ETFs in August, throwing over $2.8 billion at the vehicles — the most since October, when the coin hit a new all-time high. Bitcoin in August had its best run in three years — and is up nearly over 20% over the past month. The asset reached as high as $81,281 last week before sliding again on Friday. Bitcoin’s price recently stood at $76,883, nearly down 3% over a 24-hour period. This post Bitcoin Defies Seasonal Slump With Third-Best August Ever first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
BlackRock’s iShares Bitcoin Trust Is Beating Top S&P 500 ETF
Bitcoin Magazine BlackRock’s iShares Bitcoin Trust Is Beating Top S&P 500 ETF BlackRock’s iShares Bitcoin Trust exchange-traded fund has delivered better returns since its 2024 launch than Vanguard’s popular S&P 500 fund. That’s according to Bloomberg data highlighted by the firm’s senior ETF analyst, Eric Balchunas, who said that the BlackRock product’s cumulative percentage return was only slightly ahead of Vanguard’s in the time period. BlackRock’s bitcoin ETF is up 71% since its January 2024 debut, while Vanguard’s S&P 500 ETF up 66% on a total-return basis. Hard to believe $IBIT is beating $VOO since inception but it's true..altho it's close. And to be fair, IBIT's path to 70% looks like the El Toro roller coaster at Great Adventure (i needed two Advil last time I rode that thing) while $VOO was a walk in the park in comparison.… pic.twitter.com/vpOgI7JZKL — Eric Balchunas (@EricBalchunas) September 1, 2026 The iShares Bitcoin Trust — IBIT — started trading in 2024 after the Securities and Exchange Commission gave the green light to 11 spot bitcoin ETFs following a decade of denials. “IBIT’s path to 70% looks like the El Toro roller coaster at Great Adventure (I needed two Advil last time I rode that thing) while $VOO was a walk in the park in comparison,” wrote Balchunas on Tuesday. U.S. investors now have several funds to choose from to buy shares that track the price of bitcoin managed by the likes of Fidelity, Grayscale and Morgan Stanley. But BlackRock’s product is the most successful: It currently manages $61.4 billion in assets, according to its website. By comparison, the second biggest bitcoin ETF, the Fidelity Wise Origin Bitcoin Fund, manages nearly $11 billion. BlackRock, which manages over $15 trillion in assets, sent shockwaves through the crypto space after it applied for a spot bitcoin ETF in 2023. Its fund now allows more traditional investors to get exposure to bitcoin; its product also experiences more day-to-day trading action than the other ETFs. Investors piled back into ETFs in August, which has also helped bitcoin’s price. From August 17 to 27, investors threw over $2.8 billion at the vehicles — the most since October, when the coin hit a new all-time high. Bitcoin reached as high as $81,281 last week before sliding again on Friday. The price of the biggest cryptocurrency recently stood at $77,539, nearly down 1% over a 24-hour period. Bitcoin started a phenomenal run two weeks ago — its best in three years — and is up nearly 30% over the past month. This post BlackRock’s iShares Bitcoin Trust Is Beating Top S&P 500 ETF first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
South Korea’s Bitcoin ‘Kimchi Premium’ Returns
Bitcoin Magazine South Korea’s Bitcoin ‘Kimchi Premium’ Returns Bitcoin is up this month but there’s one place where it’s more significantly more expensive: South Korea. The so-called Kimchi Premium — when bitcoin costs more on Korean exchanges — is back as retail investors pile back into the coin. Bloomberg first reported the news and CoinGecko data shows that bitcoin’s price is nearly 1% higher on Upbit, Korea’s biggest exchange, than Binance. Named after a popular dish in the Asian nation, the phenomenon comes down to Korea’s market being partly walled off. Prices have historically run higher there because of strong local retail demand combined with strict capital controls and trading regulations. As a result, the Bitcoin/won trading pair is more common in South Korea compared to the Bitcoin/U.S. dollar pair in other places. When there is demand for the asset, it will naturally be higher in the country as compared to other places. The phenomenon has been described as a retail FOMO indicator, since Korea has few notable crypto funds and tight capital controls. The premium has reached as high as 21.5% in 2022. Bitcoin was recently trading for $78,287, unmoved over the past 24 hours. It’s also at the same price it was seven days ago, but over the past month, the coin has rallied by 24%. The price of the biggest digital asset started surging after the U.S. Treasury in August said it would at least double the size of its liquidity-support buyback operations. The announcement hurt the dollar but non-yielding assets like bitcoin and gold have benefited. President Donald Trump also said the same week that the long-awaited crypto Clarity Act was an important piece of legislation, and urged lawmakers to get it over the line. JUST IN: There's now a 59% chance Bitcoin will be above $82,500 this month, according to Polymarket.com pic.twitter.com/kTYEZsxQvk — Bitcoin Magazine (@BitcoinMagazine) September 1, 2026 Crypto industry bigwigs have been calling for clear rules for distinguishing between digital assets that are securities, commodities or payment stablecoins, and news that regulators will soon have such a framework has typically benefited crypto markets. Speculators are now betting on Polymarket that there’s a 59% chance bitcoin will be above $82,500 this month, leading some to call an end to the bear market. This post South Korea’s Bitcoin ‘Kimchi Premium’ Returns first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
BlackRock Re-Underwrites Bitcoin, and the Portfolio Math Still Holds
Bitcoin Magazine BlackRock Re-Underwrites Bitcoin, and the Portfolio Math Still Holds Bitcoin’s roughly 50% decline from its October 2025 high has created a useful test for the institutional investment thesis. It is relatively easy to make the case for a new asset while prices are rising, correlations are favorable and capital is flowing into the market. The more revealing exercise comes after a major drawdown, when investors can revisit the original assumptions and determine which were structural and which were simply products of the preceding cycle. That is effectively what BlackRock has done in its latest research, Re-Underwriting Bitcoin: Still a Portfolio Diversifier. Rather than treating the recent drawdown as evidence for or against Bitcoin in isolation, the firm returns to the question most relevant to an allocator: how has Bitcoin actually affected the risk and return characteristics of a diversified portfolio? The results are more consequential than the headline return figures suggest. In BlackRock’s rolling 10-year analysis through May 29, 2026, a traditional 60/40 equity and fixed-income portfolio generated an annualized return of approximately 9.9% with annualized standard deviation of roughly 10.1%. Introducing a 1% Bitcoin allocation increased annualized return to approximately 10.9%, while volatility moved only modestly higher to roughly 10.3%. At a 2% allocation, annualized return reached approximately 11.8%, with standard deviation of about 10.6%. Put differently, the 2% allocation added roughly 190 basis points of annualized return relative to the traditional portfolio while increasing annualized volatility by approximately 50 basis points. The portfolio’s Sharpe ratio improved from 0.81 to 0.96, while maximum drawdown changed from -20.3% to -20.9%. Those figures are hypothetical and backward-looking, but they illustrate why judging Bitcoin primarily by its standalone volatility can produce an incomplete assessment of its portfolio impact. The more relevant question is how that volatility interacts with everything else an investor already owns. BlackRock continues to characterize Bitcoin as having risk and return drivers that are fundamentally different from traditional assets, rooted in its fixed supply, decentralized structure and independence from any sovereign issuer. Those characteristics do not prevent Bitcoin from trading alongside risk assets during periods of deleveraging, but BlackRock’s research suggests those correlations have historically been episodic rather than permanent. That distinction helps explain the portfolio results. A modest allocation does not import Bitcoin’s standalone volatility into a portfolio on a one-for-one basis. What matters is the marginal contribution of that allocation to total portfolio risk relative to the return it has historically generated. In BlackRock’s analysis, that trade-off remained favorable at 1% and 2%, even after incorporating one of Bitcoin’s most significant recent drawdowns. Why 1–2% keeps appearing in BlackRock’s work This is not the first time BlackRock has arrived at this range. Its earlier portfolio research approached Bitcoin sizing through risk contribution, concluding that a 1–2% allocation could represent a reasonable range for investors willing and able to accept Bitcoin’s risk. At those weights, BlackRock found that Bitcoin could contribute a similar share of overall portfolio risk as an individual mega-cap technology holding in a conventional 60/40 portfolio. Beyond 2%, however, Bitcoin’s contribution to total portfolio risk begins to increase disproportionately. The new analysis approaches the same question from the opposite direction. Rather than asking how much risk Bitcoin contributes, it examines what investors historically received for assuming that additional risk. The improvement in Sharpe ratio from 0.81 for the traditional portfolio to 0.90 with 1% Bitcoin and 0.96 with 2% Bitcoin suggests that the incremental return historically more than compensated for the additional portfolio-level volatility. This does not establish 1% or 2% as an optimal allocation, and BlackRock does not present it that way. The appropriate exposure will depend on liquidity requirements, investment horizon, governance constraints and risk tolerance. What the analysis does provide is a more rigorous framework for the discussion. The allocation question can increasingly be evaluated in terms of marginal risk, correlation, drawdown and portfolio efficiency rather than through a binary debate over whether Bitcoin itself is too volatile to own. BlackRock has also seen the demand firsthand There is another dimension to BlackRock’s latest analysis that is difficult to separate from the firm’s experience in the market. BlackRock launched the iShares Bitcoin Trust, IBIT, in January 2024. Less than a year later, it had accumulated more than $50 billion in assets, making it what BlackRock itself has described as the largest exchange-traded product launch in history. It reached that milestone roughly five times faster than the previous record holder. Its significance has only grown since then. BlackRock now describes IBIT as the world’s largest and most traded Bitcoin ETP, and the fund became the firm’s highest-revenue ETF in 2025 despite competing within a global BlackRock lineup of more than 1,000 products. The concentration within the U.S. spot Bitcoin ETF market is equally notable. According to current ETF holdings data tracked by Bitcoin For Corporations, U.S. spot Bitcoin ETFs collectively hold approximately 1.25 million BTC, representing nearly 6% of Bitcoin’s fixed 21 million supply. IBIT alone accounts for roughly 775,000 BTC, or more than 60% of the Bitcoin held across the U.S. spot ETF complex. View the full Bitcoin ETF Dashboard. That does not make BlackRock’s research independent of commercial context; IBIT is an important and increasingly valuable BlackRock product. That context should be understood rather than ignored. But it also means the firm’s reassessment is occurring alongside more than two years of observing how investors actually use Bitcoin exposure at scale. The distinction is useful. The theoretical case for Bitcoin as a portfolio asset is increasingly being accompanied by observable allocation behavior. Investors have now had access to Bitcoin through familiar brokerage, advisory and institutional infrastructure across multiple market regimes, including periods of rapid appreciation and severe drawdowns. IBIT’s growth suggests that demand has persisted well beyond its initial launch window. A drawdown is precisely when a thesis should be re-underwritten The timing of BlackRock’s report may ultimately be more informative than the portfolio simulation itself. Bitcoin is not being reassessed at an all-time high. BlackRock published the analysis after an approximately 50% drawdown from Bitcoin’s October 2025 peak, a period the firm associates with leveraged positioning being unwound, slowing ETP flows and weaker demand from companies accumulating Bitcoin. Its conclusion is that these forces represented a positioning correction rather than a fundamental change in Bitcoin’s investment case. That is what re-underwriting is supposed to accomplish. An investment thesis should not survive because investors are attached to it; it should survive because its underlying assumptions continue to hold when conditions change. For Bitcoin, those assumptions extend beyond historical returns. The asset remains scarce by design, globally liquid, independent of a sovereign issuer and structurally different from the liabilities that dominate traditional portfolios. BlackRock argues that concerns around fiscal sustainability, monetary stability and geopolitical risk may therefore become increasingly relevant to Bitcoin’s long-term adoption. The portfolio evidence does not prove what Bitcoin will return over the next decade, nor does IBIT’s success establish what an appropriate allocation should be. What the two developments show together is that the institutional conversation has advanced considerably. Bitcoin is no longer being evaluated solely as an unconventional asset that institutions may or may not choose to own. It is increasingly being evaluated through the same disciplines applied elsewhere in capital allocation: sizing, risk contribution, correlation, liquidity, drawdown and expected return. What this means for corporate leaders For CFOs, boards and corporate operators, that evolution may be the most important takeaway from BlackRock’s work. The relevant decision is not whether Bitcoin is volatile; that is already known. Nor does a corporate allocation need to resemble the concentrated Bitcoin strategies pursued by companies that have explicitly built their capital structures around the asset. Between zero exposure and a Bitcoin-centric balance sheet sits a much broader spectrum of possible allocations. BlackRock’s research provides a useful framework for thinking about that spectrum. A relatively small allocation was sufficient to materially alter the historical return characteristics of a conventional portfolio without producing a comparable increase in portfolio-level risk. At 2%, approximately 190 basis points of additional annualized return came with roughly 50 basis points of additional annualized volatility in the period studied. The allocation was small; its effect was not. For corporate leaders, the implication is less about adopting BlackRock’s specific allocation range than adopting the discipline behind the analysis. Bitcoin can be underwritten like any other strategic allocation: define its purpose, determine an acceptable risk contribution, establish liquidity and governance requirements, size the position accordingly and periodically revisit the assumptions. That is a considerably more mature question than whether a company should simply “buy Bitcoin.” As Bitcoin becomes more deeply integrated into institutional portfolios and financial infrastructure, the burden of analysis is shifting. The question facing the C-suite is increasingly not whether Bitcoin belongs in the conversation, but what allocation, if any, can be justified by the company’s objectives, constraints and cost of capital. BlackRock has now re-underwritten that question after another full market cycle and a roughly 50% drawdown. Its historical portfolio math still makes the case that, in measured amounts, Bitcoin can improve the equation. For corporate decision-makers, that is the takeaway worth bringing into the boardroom. Disclaimer: This content was prepared on behalf of Bitcoin For Corporations for informational purposes only. It reflects the author’s own analysis and opinion and should not be relied upon as investment advice. Nothing in this article constitutes an offer, invitation, or solicitation to purchase, sell, or subscribe for any security or financial product. This post BlackRock Re-Underwrites Bitcoin, and the Portfolio Math Still Holds first appeared on Bitcoin Magazine and is written by Nick Ward. Переглянути повний текст
-
Strategy Opposes MSCI Proposal, Says Bitcoin Treasury Firms Are Being Targeted a Second Time
Bitcoin Magazine Strategy Opposes MSCI Proposal, Says Bitcoin Treasury Firms Are Being Targeted a Second Time Bitcoin treasury Strategy has blasted Morgan Stanley Capital International’s proposal to exclude it from its Global Investable Market Indexes, calling it “misguided” and “flawed.” Writing in a letter to MSCI Monday, the Nasdaq-listed Bitcoin behemoth’s founder, Michael Saylor, and CEO, Phong Le, said that the company was discriminating against digital asset businesses. MSCI said earlier this month that it was consulting on a plan to define “non-operating companies” and make them ineligible for its Global Investable Market Indexes. The removal of such companies would exclude firms like Strategy from indexes visible to a large pool of institutional investors. Strategy responded today to MSCI’s proposed “non-operating company” exclusion. While not material to $MSTR, the proposal is misguided, flawed, and conflicts with established securities laws and accounting principles. Read our letter and share your support: https://t.co/Vup3T5TbvY — Strategy (@Strategy) August 31, 2026 MSCI’s latest proposal comes after the company in 2025 proposed excluding from its indices all companies whose digital-asset holdings represent 50% or more of total assets. “MSCI’s continued effort to discriminate against digital assets is misguided and calls into question MSCI’s neutrality and reliability,” Strategy’s letter read. It added: “The proposal, like the 2025 proposal that MSCI withdrew, is discriminatory, arbitrary, and misguided. If adopted, the proposal would have no meaningful impact on Strategy’s business, but it would profoundly harm MSCI’s reputation as a reliable and neutral index provider. Like the 2025 proposal, the current proposal should be withdrawn.” Strategy argued that MSCI was relying on unprecedented classifications to define Bitcoin as a “non-operating” asset. Strategy said it reports its Bitcoin business as an operating segment and its Bitcoin gains and losses as operating expenses. The company said that MSCI’s methodology for targeting “non-operating companies” was “arbitrary and unexplained,” and was just a way of unfairly targeting digital asset treasuries. Strategy further argued that the company is an operating one, employing 1,500 people across the globe and actively using its Bitcoin to “create shareholder value.” Strategy — formerly MicroStrategy — is an enterprise software company that pivoted to buying and holding bitcoin in 2020. It first bought the cryptocurrency to protect shareholders but has since aggressively bought the asset and is now the largest corporate holder of the cryptocurrency, with 845,050 bitcoins worth $65.8 billion at today’s prices. Investors can buy Strategy’s Nasdaq-listed stock (MSTR) to get heightened exposure to bitcoin’s performance. MSTR closed Monday trading 4% higher. Year-to-date, the stock is down 15%. This post Strategy Opposes MSCI Proposal, Says Bitcoin Treasury Firms Are Being Targeted a Second Time first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
Bitcoin Unfazed by Trump’s Iran Threats
Bitcoin Magazine Bitcoin Unfazed by Trump’s Iran Threats Bitcoin shrugged off tensions in the Middle East, barely moving despite U.S. President Donald Trump vowing on Monday to hit Iran hard. The price of the biggest cryptocurrency recently stood at $79,076, unmoved over a 24-hour period. The coin also hasn’t budged from where it stood seven days ago. Bitcoin started a phenomenal run two weeks ago — its best in three years — and is up nearly 30% over the past month. Its price started surging after the U.S. Treasury would at least double the size of its liquidity-support buyback operations. The announcement hurt the dollar but non-yielding assets like bitcoin and gold have benefited. Positive regulatory news has also helped bitcoin this month: President Donald Trump last week said that the long-awaited crypto Clarity Act was a “very, very powerful” piece of legislation, and urged lawmakers to get it over the line. The Clarity Act aims to establish a framework for distinguishing between digital assets that are securities, commodities or payment stablecoins — legislation that the crypto industry has long called for. Investors have piled back into exchange-traded funds this month, too, which has also helped bitcoin’s price. From August 17 to 27, investors threw over $2.8 billion at the vehicles — the most since October. JUST IN: Crypto ETFs attracted $3.2 billion in inflows last week, "their largest weekly intake since October 2025", The Kobeissi Letter reports. BlackRock's IBIT led with $928 million last week, adding to their $1.3 billion from the prior week, and marking the biggest 2-week… pic.twitter.com/ROC9tYPMGN — Bitcoin Magazine (@BitcoinMagazine) August 31, 2026 Bitcoin reached as high as $81,281 last week before sliding again on Friday. Geopolitical strife has this year hurt Bitcoin’s price, with the cryptocurrency typically facing downward pressure on news of war and rallied in hopes of a ceasefire. When the U.S. and Israel first attacked Iran in February, the coin nosedived, and had been shaky on news of war in March and April. But in recent months, Bitcoin’s volatility has been muted, according to analysts, and Monday was no different: President Trump promised to hit Iran again but the asset didn’t flinch. The U.S. and Iran started strikes again on Sunday — the first in over one month. “We’re going to hit them hard,” President Trump was quoted telling a Fox News reporter on Monday. This post Bitcoin Unfazed by Trump’s Iran Threats first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
Strive Becomes Fifth-Largest Bitcoin Treasury, Stock Jumps on Latest Buy
Bitcoin Magazine Strive Becomes Fifth-Largest Bitcoin Treasury, Stock Jumps on Latest Buy Strive’s stock soared on Monday after the company announced a $143 million bitcoin buy, making it the fifth biggest publicly traded crypto treasury. The Nasdaq-listed company announced its latest buy of 1,800 bitcoins between August 24 and August 28. It snapped up the coins for an average price of $79,431, according to a filing with the Securities and Exchange Commission. The Dallas, Texas-based company now holds 23,156 coins worth $1.8 billion at today’s prices. Its stock (NASDAQ: ASST) was trading 9% higher at about 12.30pm in New York. Year-to-date, Strive’s stock has risen by nearly 40%. JUST IN: Public company Strive bought 1,800 BTC for $143 million pic.twitter.com/xEkWx3ZNZp — Bitcoin Magazine (@BitcoinMagazine) August 31, 2026 Strive’s year-to-date Bitcoin yield, a metric that compares growth in bitcoin holdings relative to share count, reached 40.8% as of its Aug. 28 filing, up from less than 37% in early June. Strive now is the fifth biggest bitcoin treasury, behind only Strategy, Twenty One, Metaplanet, and MARA. Founded by former Ohio gubernatorial candidate Vivek Ramaswamy in 2025, after raising $750 million to buy Bitcoin, Strive debuted as an official bitcoin treasury. In January 2026, it completed the acquisition of Semler Scientific in an all-stock deal — the first instance of a publicly traded Bitcoin treasury company acquiring another such company. The idea is that investors can get amplified returns from Strive’s stock. The company buys bitcoin with equity, and maintains a debt-free balance sheet: no bonds, no credit lines, and no leveraged positions that could trigger forced liquidation in a downturn. Strive CEO Matt Cole has described the company as debt-free with zero margin requirements and zero encumbered bitcoin. Strive’s latest purchase comes as Strategy, the biggest corporate holder of bitcoin, restarted its buying last week. The software company had paused buying bitcoin for 10 weeks but announced it had bought 4,603 bitcoins for $369.7 million between August 24 to August 30. This post Strive Becomes Fifth-Largest Bitcoin Treasury, Stock Jumps on Latest Buy first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
Russia’s Sberbank Estimates $46.4B Trading Volume in First Year of Crypto Buildout
Bitcoin Magazine Russia’s Sberbank Estimates $46.4B Trading Volume in First Year of Crypto Buildout Russia’s largest bank, Sberbank, has said it expects trading volume with its new crypto rollout to hit 4 trillion rubles ($46.43 bln) in the first year, according to reports. Volumes are also expected to hit 7.5 trillion rubles ($87.06 bln) by 2029, Sberbank Deputy Chairman of the Executive Board Anatoly Popov was quoted saying, as reported by Tass on Saturday. The forecast was deemed “conservative” according to the news report. Sberbank in July revealed plans to debut a Bitcoin and crypto wallet as well as digital asset custody by December. The Bank of Russia in July published draft regulations for crypto trading, and the State Duma is preparing the comprehensive regulation of digital assets. And in a Friday report, Tass quoted Sberbank Deputy Chairman Anatoly Popov saying that the bank was planning to accept Bitcoin — and other cryptocurrencies — as collateral for loans. Russia is fast moving ahead with regulating digital assets in the country. Russian President Vladimir Putin this month signed a law to set in stone the regulation of digital currencies and digital rights in the country. The new law reportedly allows only registered entities to operate as exchanges, and puts limits on the amount of crypto retail investors can use. Still, despite the rollout, using digital assets as a means of payment or legal tender within Russia is still banned. Using crypto as a form of payment has been prohibited in Russia since 2022. President Putin has appeared to praise Bitcoin in the past, once saying that the leading cryptocurrency can’t be stopped. Since the U.S. and European governments cut Russia off from the SWIFT payments system after it invaded Ukraine in 2022, Russian companies have been using Bitcoin to skirt around the penalties. But the Russian state keeps a tight grip on what its citizens can do with crypto: authorities have been cracking down and arresting people operating unregistered crypto exchanges. And the amounts involved barely matter — a nuclear engineer in Sarov was sentenced to 18 years for sending about $13 from his crypto wallet to groups the state designates as terrorist organizations. This post Russia’s Sberbank Estimates $46.4B Trading Volume in First Year of Crypto Buildout first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
Strategy Resumes Bitcoin Buying After 10-Week Hiatus
Bitcoin Magazine Strategy Resumes Bitcoin Buying After 10-Week Hiatus Bitcoin treasury Strategy resumed its bitcoin buys last week, snapping up nearly $370 million in the leading cryptocurrency, according to a Monday announcement from the company. A filing with the Securities and Exchange Commission shows that Strategy bought 4,603 bitcoins for $369.7 million between August 24 to August 30. Each coin was bought at an average price of $80,318, according to the filing. The buy comes after Strategy paused its bitcoin buys in June, instead focusing on building a cash buffer, buying back its stock and even sometimes selling some of its holdings. JUST IN: Strategy buys 4,603 BTC for $370 million! pic.twitter.com/daSanqch1v — Bitcoin Magazine (@BitcoinMagazine) August 31, 2026 “Strategy is evolving from one-way capital issuance to active capital management,” Strategy CEO Phong Le said in June. “We intend to move between issuing securities when capital is attractive and repurchasing securities when our instruments trade at levels that make buybacks accretive. This flexibility is designed to create shareholder value, improve corporate performance, and strengthen the quality and market standing of Strategy’s securities in the eyes of investors.” Strategy now has $5.1 billion in its USD Reserve and $1.61 billion its new USD Cash reserve — which was announced last week. The company holds 845,050 bitcoins worth $65.8 billion at today’s prices. We’re ₿ack. pic.twitter.com/ciqOaCa908 — Michael Saylor (@saylor) August 30, 2026 Software company Strategy — formerly MicroStrategy — began buying bitcoin in August 2020 as a treasury strategy to boost shareholder returns during the pandemic. It has since spent more than $63.7 billion on buying bitcoin and remains by far the largest corporate holder of Bitcoin in the world. Its approach spawned a wave of copycat companies that have since adopted similar crypto-treasury strategies of their own. Chairman and Strategy founder Michael Saylor has said that the company is now focusing on creating digital credit: high-yield products, such as its preferred equity, STRC, which are backed by its bitcoin holdings. Strategy’s stock (NASDAQ: MSTR) was trading slightly higher on Monday morning in New York. Year-to-date, its price has dipped nearly 20%. Bitcoin was trading for $77,821 on Monday morning in New York after hitting a high last week of $81,281. Over a 24-hour period, the coin now sits unmoved, but over a 30-day period, it has jumped by more than 24%. This post Strategy Resumes Bitcoin Buying After 10-Week Hiatus first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
What Is Worth Preserving: Rupture on Remains, Decay, and the Collector’s Dilemma
Bitcoin Magazine What Is Worth Preserving: Rupture on Remains, Decay, and the Collector’s Dilemma In 1915, Kazimir Malevich hung a black square on a gallery wall and called it the zero point of painting – the end of the image, presented as an image. A little over a century later, the black square returns in Remains, but this time as consequence rather than statement. If the collector of one of these works by artist Rupture does nothing, the on-chain response is to produce the black square for them, one pixel at a time, one block at a time, until nothing is left of the image. Remains is a series of four hybrid works in which a painting and a related ordinal are structurally bound. Each inscription contains exactly 210,000 pixels – the number of blocks mined in a bitcoin halving epoch. Beginning at the next halving in April 2028, the inscription begins to decay in real time: one pixel dies for every block the network mines. The only way to stop it is hidden beneath the surface of the physical painting – a unique alphanumeric code, retrievable only by destroying a meaningful portion of the work, which must then be inscribed as a “child” of the ordinal to permanently halt the decay. Preserve the painting, and the image on the blockchain is consumed. Save the inscription, and the painting is wounded forever. The collector cannot remain passive. Inaction is itself a choice, and the Bitcoin blockchain makes both outcomes permanent. Art history is full of destruction deployed as a gesture. Robert Rauschenberg erased a de Kooning drawing in 1953 and framed the absence. Banksy fed Girl with Balloon through a shredder hidden in its own frame the moment the auction concluded at Sotheby’s. And in 2016, Sun Yuan and Peng Yu caged an industrial robot at the Guggenheim and gave it a single task: sweep the blood-red fluid endlessly pooling around its base back toward itself, a futile act of self-maintenance it performed for three years, slowing visibly, until it stopped. Can’t Help Myself may be the saddest machine ever built. It is also a close ancestor to Remains: both works run on a clock, and both make the audience watch something decay in real time. But where the robot’s fate was sealed by its programming, Remains leaves the outcome unwritten. Destruction here is not a spectacle performed by the artist. It is stewardship demanded of the collector. Rupture (b. 1993, Switzerland) is a self-taught artist based in Mexico City. Within the digital art space, he has produced one of the most widely collected artist-made bodies of work on Bitcoin, the Persona series (750 works, 2024–2025), alongside earlier work on Ethereum; he was also among the first artists to release work on Solana. The physical practice reaches back further: exhibiting internationally since 2016, with presentations at Museum Halle Saint-Pierre in Paris, Art Basel Miami, the 2nd Triennial of Self-Taught Visionary Art in Belgrade, and a nomination for the Prix Suisse d’Art Brut, figurative painting built on dense, obsessive mark-making and an insistence on the irreversible. Remains is where the two paths collide: painting and blockchain bound into single objects, each incomplete without the other. Bitcoin is the most consequential permanence system produced in the digital age. Its architecture assumes that what is recorded cannot be lost. Remains takes that assumption seriously enough to test it — and in doing so forces a reckoning with a fundamental asymmetry between physical and digital culture: one forgets by nature, the other records permanently regardless of intent. I sat down with Rupture ahead of the exhibition to talk about decay as a medium, the collector as an unwilling participant, and what it costs to save anything. BMAG: Let’s start with the mechanism, because it’s the basis of the whole series. Each digital component contains exactly 210,000 pixels – the number of blocks in a Bitcoin halving epoch – and beginning at the April 2028 halving, one pixel dies for every block the network mines. Discuss how you arrived at that structure. Did the concept come first and the math followed, or did the number 210,000 suggest the work? Rupture: The concept was there before any of the pieces existed. I was thinking a lot about permanence, especially in relation to digital mediums. Bitcoin is seen as the most permanent and unchangeable record humanity has built, and Ordinals were marketed on exactly that thesis – a truly permanent storage layer, unlike NFTs on other chains with their broken links and files sitting on someone’s server. Persona, my first series on Ordinals, embraced that promise. With Remains I wanted to turn it on its head. I think there is something beautiful about impermanence. We live in a moment where movements like transhumanism want to engineer it away, and I understand the impulse, but I’d argue the opposite: life would lose its meaning if it were eternal. The same applies to art. Tibetan monks spend weeks building a sand mandala and then sweep it away – the dissolution becomes part of the work. So I set out to make a digital work that would be consumed by Bitcoin’s own metabolism. From there the structure basically assembled itself. The closest on-chain analogue to a pixel dying was a block being mined – a discrete, irreversible event that happens roughly every ten minutes, forever. So I linked them one to one. An epoch is 210,000 blocks, which meant the image had to be 210,000 pixels. The math followed the concept. BMAG: The “kill switch” is hidden beneath the paint on the physical painting. To retrieve the code that stops the decay, the collector has to destroy a meaningful portion of the physical work – and then inscribe it as a child of the Ordinal. Did you paint these differently knowing the surface is also a type of vault? It’s very taboo to touch (or cut) a painting (outside of Lucio Fontana). Rupture: I tried to approach these the way I would approach any other painting. The only real difference is that I had to start with the code. Each one was written on paper, laminated, and sealed at the center of the panel under layers of molding paste and gesso. Only then could the painting begin. So the secret is literally the first layer. Everything else sits on top of it. As for the taboo – I think most of us, me included, are conditioned to ascribe a much higher value to the physical object. The painting feels irreplaceable in a way the inscription doesn’t, even when the inscription is the scarcer thing. That conditioning is what makes the concept work. The taboo gives the act of destruction its emotional weight, and that weight is what the collector has to sit with. I deliberately left it open-ended. I’m not telling anyone what the right choice is. The collector confronts the question of value and permanence and answers it for themselves – publicly, and only once. BMAG: There’s a lineage of destruction in art – Rauschenberg erasing de Kooning, Tinguely’s self-destroying machine at MoMA, Banksy’s shredder at Sotheby’s. And more recently, the “burn a physical to mint a digital” gesture that flared up during the initial NFT boom. Remains feels like a response to that last one in particular: in your work, destruction isn’t a spectacle the artist performs – it’s a responsibility the collector inherits. Where do you place yourself in that lineage, and what do you think the burn-to-mint era got wrong? Rupture: I like to think of destruction as integral to creation. Jasper Johns destroyed nearly everything he made before 1954 so he could start over. Agnes Martin did the same, more than once. So artists questioning the preciousness of the art object is nothing new. And I think that preciousness is inherited – art objects have absorbed the aura that used to belong to relics. Now that commodities are the closest thing we have to a religion, cutting open a painting might be our version of desecration. Which is exactly why it carries weight. The burn-to-mint mechanic treats the physical as a husk. You burned the painting to “upgrade” it into a token, the destruction was filmed, and the spectacle was the marketing. What it got wrong, I think, is that nothing was actually at stake. You destroyed something to get something the market valued more. That’s more of a transaction than a sacrifice. In Remains there’s no version where you come out ahead. The collector already owns both halves, and destruction doesn’t produce anything new, it only decides which loss to accept. The loss runs on Bitcoin – a system built for remembering, repurposed as an engine of forgetting. BMAG: The press text says the collector cannot remain passive – that inaction is itself a choice. That’s a strong tenet of the bitcoin idea. Self-custody works the same way: hold your own keys, and doing nothing is perhaps the best outcome. Did you set out to build a custody parable of some kind, or did the parallel arrive after? Artmaking can sometimes be nonlinear and we don’t see the connections in order. Rupture: The parallel only occurred to me after the work existed. And funny enough, Remains actually inverts the rule. In self-custody, doing nothing is the safe move, while for Remains, doing nothing is what kills half the work. But the deeper thing is the same in both. You’re on your own. There’s no institution behind you, no support line, no one to make the decision for you or undo it afterwards. The system just records what you do, and there are no exceptions. Most people have never owned anything under those conditions. Bitcoiners have. I think that’s why they tend to understand this work faster – they know what it feels like to be the only one responsible for something that can’t be undone. BMAG: At the next halving, the decay clock starts for any un-rescued work. Anyone can watch the inscriptions on-chain as they change. Is a completed black square a failed Remains, or the most honest version of the work? Rupture: It definitely isn’t a failed Remains. It’s the piece brought to one of its logical outcomes. The work was never meant to be just the image – it’s the image plus the decision, and a black square is what one of those decisions looks like. It means the collector chose the painting, whether out of conviction or paralysis, and the chain holds the receipt: 210,000 confirmations of a single choice, applied one block at a time over four years. I don’t know of another artwork that documents its owner’s decision at that resolution. And then there’s the Malevich analogue, which you opened with. He declared the zero point of painting. Remains arrives at the black square instead of starting from it – block by block, with an exit available the entire time. I don’t know which of the four pieces will end there, if any. That’s the one part of the work I can’t determine. BMAG: For someone standing in front of these four paintings at the exhibition – someone who knows bitcoin as a price ticker but has never thought about what permanence actually costs – what do you want them to walk away thinking about? Rupture: How permanence is never free. Nothing survives by default. Every object in every museum is there because someone paid for it to be – in money, in labor, in space, in other things thrown away to make room. History isn’t just what happened. It’s what someone decided was worth keeping. What persists does so because something else was set aside or destroyed. We just rarely see the other half of the equation. Remains by Rupture debuts September 2–8, 2026 at PRIV.Y Gallery, 46 Hester Street, New York, presented by BMAG and running parallel to NFT.NYC. The opening reception is September 2. RSVP at luma.com/cckjg9kl. BMAG is also running a bounty on X: enter for a chance to win Memory Theatre VI, an original work by Rupture. Full details and entry at shop.museum.b.tc/items/memory-theatre-vi. Remains is now available to preview at https://shop.museum.b.tc/preview/remainsbyrupture. For acquisition inquiries, DM @BMAG_HQ on X or email bmag@btcmedia.org. Follow Rupture on X @RuptureNFT. The Bitcoin Museum & Art Gallery (BMAG) is the curatorial and cultural programming division of BTC Inc and the Bitcoin Conference. Learn more at museum.b.tc. This post What Is Worth Preserving: Rupture on Remains, Decay, and the Collector’s Dilemma first appeared on Bitcoin Magazine and is written by Dennis Koch. Переглянути повний текст
-
Bitcoin Cools Off After $3 Billion ETF-Driven Surge
Bitcoin Magazine Bitcoin Cools Off After $3 Billion ETF-Driven Surge Bitcoin slid Friday afternoon, cooling down after a phenomenal run following huge investment from U.S. ETF buyers. The leading cryptocurrency was trading for $77,379 on Friday afternoon in New York after dropping more than 3% over a 24-hour period. Bitcoin hit a high this week of $81,281 but slowed down after Federal Reserve Chair Kevin Warsh gave his first major speech as head of the central bank — saying on Friday that he had “more work to do” to fight inflation. The Bitcoin price has in the past dropped when the Federal Reserve thinks inflation is too high because it means less chance of a rate cut; the leading cryptocurrency typically does better in a low-interest rate environment. JUST IN: U.S. Bitcoin ETFs have brought in $1.14 billion in inflows this week. Over $3 billion has been added in the past 9 days! pic.twitter.com/ri1jE7enTZ — Bitcoin Magazine (@BitcoinMagazine) August 28, 2026 Bitcoin started surging last week after the U.S. Treasury would at least double the size of its liquidity-support buyback operations. The announcement last week hurt the dollar but non-yielding assets have benefited. Exchange-traded funds, managed by the likes of BlackRock, Fidelity, and Grayscale have received net positive inflows for nine days in a row, according to Farside Investors data. Last week was their best week since October — when bitcoin hit a new all-time high — and that run has continued into this week. Since August 17, investors have thrown over $3 billion at the funds. BlackRock’s iShares Bitcoin Trust received the lion’s share of the investment, but Morgan Stanley’s new Bitcoin Trust — which debuted this year — also experienced significant inflows. Analysts have said that the so-called debasement trade — when investors buy an asset as a way to hedge against a currency losing value — was leading investors to eye-up bitcoin again. Investors taking part in the trade think that bitcoin, gold and other precious metals are a good way to protect themselves from excessive government spending. Total U.S. debt crossed $40 trillion for the first time this month. This post Bitcoin Cools Off After $3 Billion ETF-Driven Surge first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
Debasement Trade Is Here Thanks to Government Debt — And Bitcoin Will Benefit: Grayscale
Bitcoin Magazine Debasement Trade Is Here Thanks to Government Debt — And Bitcoin Will Benefit: Grayscale The debasement trade is back — and will benefit bitcoin. That’s according to asset manager Grayscale’s crypto research team, who wrote in a note this week that the U.S. government debasing its currency would lead to cash hitting digital assets. “Unchecked government debt growth undermines the credibility of fiat currencies and drives investors to seek out alternative stores of value like physical gold and certain cryptocurrencies,” the note by the firm’s head of research, Zach Pandl, read, adding that primarily bitcoin would benefit. US public debt has reached over $40 trillion. The Treasury is buying back bonds to ease rising borrowing costs, but core deficit remains. Grayscale Research believes this may drive investors towards the debasement trade: Bitcoin $BTC, Ethereum $ETH, and Zcash $ZEC. Read more… pic.twitter.com/tN3xgaNZ1l — Grayscale (@Grayscale) August 28, 2026 The so-called debasement trade is when investors buy an asset as a way to hedge against a currency losing value. The trade was hot last year, and helped bitcoin’s run, but the digital asset’s run lost steam after October as traders turned their attention to stocks related to artificial intelligence. But since last week, bitcoin has benefited from news that the U.S. Treasury would at least double the size of its liquidity-support buyback operations. The announcement last week hurt the dollar but non-yielding assets have benefited. “That buybacks are needed at all is the problem: heavy growth in government debt is driving up the cost of borrowing,” the note continued. “The Treasury is treating the symptoms (rising bond yields) because they cannot cure the disease (structural deficits).” The note added that on the same day last week as the buyback announcement, the Treasury also said the U.S. public debt exceeded $40 trillion for the first time. As debt and interest payments grow, the government needs to either raise taxes, cut spending, or issue more debt. Bitcoiners see the more politically likely path as expanding the dollar supply — which is ultimately bad for the dollar, and good for scarce assets like bitcoin. After bitcoin started surging last week, the dollar had its worst week of August and was trading at a three-month low. Bitcoin was trading for $77,493 on Friday afternoon in New York after hitting a high this week of $81,281. Over a 24-hour period, the coin now sits unmoved, but over a 30-day period, it has jumped by more than 20%. This post Debasement Trade Is Here Thanks to Government Debt — And Bitcoin Will Benefit: Grayscale first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
Bitcoin’s Moment Has Come for the Far East, Says Metaplanet CEO
Bitcoin Magazine Bitcoin’s Moment Has Come for the Far East, Says Metaplanet CEO Bitcoin’s time has come in Asia — especially with a changing regulatory landscape — and its people and companies should take advantage. That was the message Metaplanet CEO Simon Gerovich gave at this year’s Bitcoin Asia conference, where on Friday he spoke of how his company went from failing to the third biggest bitcoin treasury in the world. Bitcoin Asia kicked off on Thursday in Hong Kong, bringing the biggest names in the space to Hong Kong to talk about everything from treasury companies to building apps from scratch. JUST IN: Japanese public company Metaplanet CEO says the bottom for Bitcoin's price is in "The buyers arriving now aren't going anywhere. I believe the bottom is in. And I'm expecting a much brighter rest of the year." pic.twitter.com/zz0RUxspSz — Bitcoin Magazine (@BitcoinMagazine) August 28, 2026 “The previous cycles belonged to the West, and the first Asian cycle has already started,” Gerovich said. “The only question left is who builds it. Will you?” Often dubbed Asia’s answer to Nasdaq-listed Bitcoin treasury Strategy, Metaplanet pivoted from its core hotel and technology business to buying Bitcoin in 2024. The Tokyo Stock Exchange now holds 43,000 bitcoins worth about $3.3 billion at today’s prices. Gerovich said in his speech that his company was small and going nowhere fast until it started putting bitcoin on its balance sheet, basically allowing investors to buy exposure to the biggest digital coin via its regulated shares. He said that the strategy is a major opportunity for Asian companies, which can now capitalize on the changing regulatory landscape and the growing interest in Bitcoin. Asian nations, including Japan, Hong Kong, and Singapore, are making regulatory changes to support digital assets. Gerovich noted that Japan in particular is a country where its citizens have saved like no other part of the world — and that capital can now be put to good use. “Hoarding cash has stopped making sense, and every household in Japan can now feel it,” he said. “Japanese households hold roughly 14 trillion dollars in financial assets. About half of that sits in bank deposits, earning almost nothing, and that’s just Japan, add Korea, Southeast Asia, and the wealth managed out of this place, Hong Kong, and you’re looking at the deepest pools of patient savings on Earth. “And for the first time in a generation, these savings are looking for somewhere to go.” Gerovich added that Asian companies, institutions, and savers should take advantage of the current market conditions and build the Bitcoin infrastructure in their own regions. “The end of the cash hoarding strategy and new rules are arriving at exactly the same time, and together, they set up what I think is the single biggest opportunity in Asian markets today,” he added. This post Bitcoin’s Moment Has Come for the Far East, Says Metaplanet CEO first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
Capital B Raises €21M From Adam Back and TOBAM To Buy More BTC
Bitcoin Magazine Capital B Raises €21M From Adam Back and TOBAM To Buy More BTC Capital B, the Euronext Growth-listed company that bills itself as Europe’s first bitcoin treasury company, has raised €21 million ($24 million) in a private placement backed by Blockstream’s Adam Back and asset manager TOBAM — money it says could buy 270 more bitcoin and push its stack to roughly 3,415 BTC. The company said Friday that a total of 36,219,070 shares were sold at €0.58 each as part of the deal, a 6.45% discount to Wednesday’s closing price. Capital B said the net proceeds are expected to reach about €19.9 million after fees and transaction costs. JUST IN: French company Capital B announces a €21.0 million capital raise to "accelerate its Bitcoin Treasury Company strategy" pic.twitter.com/I3RcJYlSsI — Bitcoin Magazine (@BitcoinMagazine) August 28, 2026 Capital B is the 27th biggest publicly traded bitcoin treasury in the world, according to Bitcoin Treasuries, with a total of 3,145 bitcoins in its stash — worth $245 million at today’s bitcoin price of $77,960. Capital B, which describes itself as Europe’s first bitcoin treasury, built much of that position through fundraising rounds during the first half of 2026. In May, it acquired 192 coins for €13 million after completing three capital raises. Capital B’s announcement as other treasuries look to raise funds and accelerate their buys. Just this week, NYSE-listed AI-powered education company Genius Group said it was aiming to build parallel AI and bitcoin treasuries worth a combined $1.6 billion, after the company sold its entire bitcoin reserves to repay $8.5 million in debt. Bitcoin treasuries have faced headwinds since 2025 when the price of the leading cryptocurrency took a hit. A number of companies in the space have had to liquidate their holdings, including the biggest corporate holder of bitcoin, Nasdaq-listed Strategy. This post Capital B Raises €21M From Adam Back and TOBAM To Buy More BTC first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
Bitcoin Drops Before Shrugging Off Fed Chair’s Inflation Comments
Bitcoin Magazine Bitcoin Drops Before Shrugging Off Fed Chair’s Inflation Comments Bitcoin dropped, then popped after Federal Reserve Chair Kevin Warsh gave his first major speech as head of the U.S. central bank and said he had “more work to do” to fight inflation. The leading cryptocurrency was recently trading for $79,474 after dropping as low as $78,630 before quickly rising again. Bitcoin has typically done well in a low interest rate environment but the Federal Reserve has been reluctant to lower borrowing costs due to sticky inflation in the world’s biggest economy. “But on the price-stability side of our mandate, the numbers are more concerning,” Warsh said after talking about employment. He added: “We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do.” Bitcoin has in the past dropped on news that the Federal Reserve thinks inflation is too high because it means less chance of a rate cut. Following Warsh’s speech, traders priced in a 50% chance of rate hike in September. But Bitcoin has appeared to — at least for now — shrug off the speech. Bitcoin’s started surging last week after the U.S. Treasury Secretary Scott Bessent announced the department would double the size of its long-dated bond buybacks. The news sent yields down lower, and the dollar slid while non-yielding assets like bitcoin and gold jumped. Positive regulatory news also helped the coin: President Donald Trump last week said that the long-awaited crypto Clarity Act was a “very, very powerful” piece of legislation, and urged lawmakers to get it over the line. The proposed law will establish a framework for distinguishing between digital assets that are securities, commodities or payment stablecoins — legislation that the crypto industry has long called for. The Federal Reserve Bank of Kansas City is on Friday holding the annual event at Jackson Hole, Wyoming, where central bankers, Federal Reserve officials, policymakers and academics will gather to discuss “Financial Innovation: Implications for Payments and Policy.” According to the Federal Reserve Bank of Kansas City website, this year’s event will touch on how “recent years have seen a dramatic increase in innovation in financial intermediation and payments,” including new technologies such as “cryptocurrencies and stablecoins.” This post Bitcoin Drops Before Shrugging Off Fed Chair’s Inflation Comments first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
Pakistan Built Its Crypto Regulatory Regime Using Just 8% of Its Budget, Minister Bilal Bin Saqib Reveals at Bitcoin Asia
Bitcoin Magazine Pakistan Built Its Crypto Regulatory Regime Using Just 8% of Its Budget, Minister Bilal Bin Saqib Reveals at Bitcoin Asia Pakistan has launched its virtual asset regulatory regime in less than six months while using just 8% of the budget allocated to build it, according to Bilal Bin Saqib, the country’s Minister of State and Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA). Speaking at Bitcoin Asia in Hong Kong on August 28, Saqib said approximately $200,000 was used to build and operationalize the new regulatory framework, leaving roughly 92% of the approved budget unspent. “We used only 8% of our approved budget to get this done,” Saqib announced. “Government should not measure success by how much money it spends. It should measure success by how much it delivers.” Pakistan moved from primary legislation to notified regulations and a live licensing regime in under six months, establishing a formal pathway for companies operating in the digital asset sector. The framework covers activities including exchanges, custody, brokerage, asset management, lending and settlement, while introducing requirements around governance, anti-money laundering and counter-terrorism financing, customer asset safeguarding, cybersecurity and market conduct. For Pakistan, the regulatory rollout represents a significant shift toward bringing Bitcoin and digital asset activity into the formal financial system and providing companies with a defined framework for operating in the country. Rethinking How Governments Build Saqib framed the PVARA rollout as more than a regulatory achievement, arguing that it demonstrates how governments can operate differently in an environment where technology is developing rapidly. Rather than building a large bureaucracy, the authority focused on smaller teams, technology-driven workflows and delivering a functioning regulatory framework. “Technology is moving at machine speed. Government has to learn how to move much faster without compromising structure, accountability or consumer protection,” Saqib stated. Saqib argued that governments need to balance speed with institutional credibility as emerging technologies continue to develop. “Speed without structure can be dangerous. But structure without speed can become irrelevant.” The approach reflects a broader vision for how Pakistan intends to compete in financial technology. Rather than simply adopting technologies developed elsewhere, the country is positioning itself to participate in the development of new financial infrastructure. Beyond Crypto: The Agentic Economy Saqib said Pakistan’s regulatory ambitions extend beyond today’s digital asset market. The country is looking toward an economy increasingly shaped by tokenized markets, programmable payments, stablecoins, machine-to-machine commerce and artificial intelligence agents. AI agents could eventually transact on behalf of individuals, companies and other machines, creating new questions around financial authority, identity, compliance and consumer protection. Among the questions governments may need to address are who is responsible when an AI agent executes a financial transaction, how delegated authority should work and how anti-money laundering controls can function when machines transact directly with one another. “Today we are regulating virtual asset service providers,” Saqib stated. “Tomorrow we will need regulation around agentic payments and the agentic economy.” Saqib described the country’s virtual asset framework as an initial building block for this broader financial system. Pakistan Wants to Build at the Frontier The strategy represents an attempt to compress the traditional timeline for emerging markets, which often adopt financial and technological innovations after they have already matured in larger economies. “Emerging markets do not have to spend the next decade catching up. We can build at the frontier,” Saqib said. With a population of more than 240 million, Pakistan represents a potentially significant market for emerging financial technologies. For PVARA, the immediate test will be whether the new regulatory regime can attract legitimate digital asset businesses while maintaining the consumer protections and oversight built into the framework. But Saqib’s vision extends beyond regulation itself. Pakistan’s rapid transition from legislation to live licensing — accomplished with only 8% of its approved budget — is being presented as a model for how governments can approach the next generation of financial infrastructure. The country now wants to apply that same philosophy to an economy where digital assets, artificial intelligence and programmable finance increasingly converge. You can watch Saqib’s full appearance at Bitcoin Asia 2026 below. This post Pakistan Built Its Crypto Regulatory Regime Using Just 8% of Its Budget, Minister Bilal Bin Saqib Reveals at Bitcoin Asia first appeared on Bitcoin Magazine and is written by Nik. Переглянути повний текст
-
Genius Group Sets $2B Dual Treasury Target Months After Liquidating Bitcoin Holdings
Bitcoin Magazine Genius Group Sets $2B Dual Treasury Target Months After Liquidating Bitcoin Holdings Genius Group has announced a new plan to buy bitcoin — just months after selling its entire stash. The NYSE-listed AI-powered education company said in a Thursday statement that it was aiming to build parallel AI and bitcoin treasuries worth a combined $1.6 billion, with total company assets targeted at $2 billion by fiscal year 2031. Just in April, Genius Group sold its entire bitcoin reserves to repay $8.5 million in debt. The sale came as a number of digital asset treasuries were struggling due to a drop in crypto prices. “Every dollar of preferred capital deployed into our bitcoin and AI Treasury that generates returns above the preferred dividend rate flows directly to our ordinary shareholders’ net asset value,” Genius Group CEO Roger James Hamilton said. Genius Group first adopted a “Bitcoin first” strategy in late 2024, building a position that grew to 440 BTC by February 2025. That effort was disrupted when a court order blocked the company from raising funds or issuing shares, forcing a series of sales that reduced its holdings — including roughly 86 BTC sold in a single month, leaving about 84 BTC by February 2026. The company has now sold its remaining bitcoin entirely, using the proceeds to eliminate $8.5 million in debt. The liquidation reportedly came at a loss, leaving Genius Group with no crypto reserves. Against that backdrop, the company is now proposing to rebuild a bitcoin treasury — this time alongside a similarly sized AI treasury — funded not through equity sales but through a new preferred stock offering. Genius Group intends to draw on its $1.2 billion SEC-cleared shelf registration to issue Perpetual Preferred Securities, targeting an initial $12.5 million raise. Proceeds would be split between the AI treasury, the bitcoin treasury and a cash reserve covering about 18 months of dividend payments. The plan mirrors moves by the biggest corporate holder of bitcoin, Strategy. The company has raised over $16 billion via perpetual preferred stock for its bitcoin holdings. Nasdaq-listed Strive Asset Management has raised more than $150 million similarly. Genius Group says preferred capital will become its primary funding tool going forward, reducing reliance on its ordinary share ATM program. This post Genius Group Sets $2B Dual Treasury Target Months After Liquidating Bitcoin Holdings first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
Japanese Bitcoin Industry Unveils ‘Aurora’ to Let Global Anime Fans Support $2 Trillion Yen Space
Bitcoin Magazine Japanese Bitcoin Industry Unveils ‘Aurora’ to Let Global Anime Fans Support $2 Trillion Yen Space Japan Bitcoin Industry Co., Ltd. has debuted a self-custodial Bitcoin payments platform designed to help Japanese companies sell to international fans who are often shut out by traditional payment systems. Using this week’s Bitcoin Asia conference in Hong Kong to introduce the product, JPI dropped Aurora — aiming to reach an audience that could not be serviced before. The pitch is simple: anime, manga, games, and other Japanese content have a massive global following, but the payment rails supporting that content haven’t kept pace. 香港で開催中のbitcoinasiaに当社取締役の加藤( @btc_dakara ) が登壇します。ビットコインとステーブルコインの関係について登壇者の方々とお話しいたします。 https://t.co/8e1aKAvjgv — 日本ビットコイン産業株式会社 (@JBIinc_bitcoin) August 27, 2026 Aurora aims to close that gap by letting international customers pay in Bitcoin over the Lightning Network, while giving Japanese merchants a simple point-of-sale and API layer to manage invoicing, payment tracking, and integrations. According to JBI, the market for Japanese anime content outside Japan reached ¥2.17 trillion in 2024, up 26% year-over-year — yet many overseas fans still struggle to pay for streaming subscriptions, digital merchandise and limited-access drops due to geographic payment restrictions. The platform’s core design principle is that JBI never touches the money. Each merchant runs its own self-custodial Lightning node, receiving Bitcoin directly from customers. JBI says this setup gives businesses cleaner regulatory footing, since the company isn’t acting as a custodian, while still handling the harder operational lift — node uptime, liquidity, accounting and auditing, and conversion to fiat — that has historically kept enterprises from adopting Bitcoin payments on their own. JBI says aurora draws on lessons from its existing consumer business, UseBitcoin.jp, which has let customers buy digital gift cards — including au PAY, V-Preca and Kyash cards — using Lightning payments for the past two years. The company is inviting media, prospective merchants and wallet providers to connect with the team at Bitcoin Asia 2026 in Hong Kong. This post Japanese Bitcoin Industry Unveils ‘Aurora’ to Let Global Anime Fans Support $2 Trillion Yen Space first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
Bitcoin Again Flirts With $81,000 Ahead of Fed’s Jackson Hole Meeting
Bitcoin Magazine Bitcoin Again Flirts With $81,000 Ahead of Fed’s Jackson Hole Meeting Bitcoin again closed in on the $81,000 mark on Thursday before dropping again as its stellar week continued. The leading cryptocurrency was recently trading for $80,236 after notching as high as $80,793 earlier in the day in New York. Bitcoin is now up more than 2% over the past day after gaining 10% in a week. The coin’s rise comes ahead of Federal Reserve Chair Kevin Warsh’s keynote on Friday where he is expected to talk about digital payments — including crypto. JUST IN: The Bitcoin Fear & Greed Index is now up to 71, "Greed" Bullish pic.twitter.com/FM05AzGYWt — Bitcoin Magazine (@BitcoinMagazine) August 27, 2026 The Federal Reserve Bank of Kansas City will hold the annual event at Jackson Hole, Wyoming, where central bankers, Federal Reserve officials, policymakers and academics will gather to discuss “Financial Innovation: Implications for Payments and Policy.” According to the Federal Reserve Bank of Kansas City website, this year’s event will touch on how “recent years have seen a dramatic increase in innovation in financial intermediation and payments,” including new technologies such as “cryptocurrencies and stablecoins.” It will be Warsh’s first major speech as chairman of the Federal Reserve. Warsh, who has made pro-Bitcoin statements in the past, has been reluctant to lower interest rates; President Donald Trump, who nominated Warsh, has since last year pushed for borrowing costs to come down. Bitcoin in the past has done well in a low interest rate environment. Bitcoin’s run started last week when it sustained its biggest run in years following positive regulatory news and an announcement from the U.S. Treasury. But recent positive regulatory news has helped the coin. While a vote on the long-awaited crypto Clarity Act has been delayed until September, President Donald Trump last week said that the bill was a “very, very powerful” piece of legislation, and urged lawmakers to get it over the line. The proposed law will establish a framework for distinguishing between digital assets that are securities, commodities or payment stablecoins — legislation that the crypto industry has long called for. And U.S. Treasury Secretary Scott Bessent also last week announced the department would double the size of its long-dated bond buybacks. The news sent yields down lower; lower long-term yields reduces the opportunity cost of holding non-yielding assets like bitcoin and gold, and generally supports risk-on sentiment. This post Bitcoin Again Flirts With $81,000 Ahead of Fed’s Jackson Hole Meeting first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
No Fork Required: Bitcoin’s First Quantum-Safe Transaction Just Happened
Bitcoin Magazine No Fork Required: Bitcoin’s First Quantum-Safe Transaction Just Happened Should fund managers dealing in Bitcoin be worried about the threat of quantum computing? The short answer is yes — but there’s time to prepare and solutions are already being found. One of them? Post-quantum Bitcoin transactions on the mainnet. And the first one happened this week thanks to the Starknet Foundation. JUST IN: The first post-quantum resistant Bitcoin transaction was mined today. "It required no soft forks. It required no hard forks. It required no core protocol upgrades. And it's live today." pic.twitter.com/YyZbHhm8HI — Bitcoin Magazine (@BitcoinMagazine) August 27, 2026 Speaking at Bitcoin Asia in Hong Kong on Thursday, Damian Chen, VP of growth at the Starknet Foundation, demonstrated how funds vulnerable to future quantum attacks can be secured without requiring a network-wide fork, thanks to the company’s latest solution. “This is a monumental moment,” Chen said. “This is the first post-quantum-resistant Bitcoin transaction on bitcoin mainnet today. It required no soft forks; it required no hard forks; it required no core protocol upgrades, and it’s live today.” The transaction happened using a method created by StarkWare researcher Avihu Levy. It works like this: Bitcoin transactions sit briefly in a public queue before confirmation. During that window, they expose cryptographic material that a sufficiently powerful quantum computer could use to forge a signature and steal the funds before the transaction is confirmed. But rather than accepting the first valid signature, his method generates millions of signature candidates until it finds one with a specific structural property that doesn’t expose that vulnerable material while waiting in the mempool. This “signature grinding” is deliberately computationally expensive — a single transaction takes hours to produce — but that cost is what makes it resistant to quantum shortcuts. Touting Quantum safe Bitcoin transactions — dubbed “QSB” — to institutions, Chen said that even if attackers have a fund’s private keys, they couldn’t make a fraudulent transfer. “QSB introduces a new hash authorization, and so an attacker with a sufficiently capable computer, even if they have your exposed public key, even if they derive your private key from your public key, even if they try to use that to authorize a spend to move your coins out of your wallet, those things are not enough for them to do so,” he said. It’s worth noting that ordinary Bitcoin nodes currently don’t recognize this non-standard transaction format, so it couldn’t go into the public mempool and instead had to be handed straight to a miner willing to accept it — with mining company MARA’s Slipstream service being the one that mined the QSB transaction. Quantum researchers have warned that a time will come when Bitcoin’s software — which underpins the biggest and strongest computer network in the world — will need to be upgraded to deal with quantum computing. While some crypto VC firms have urged action, top Bitcoin developers have argued that many of today’s quantum computers have limited capabilities, and have only demonstrated trivial computations. Still, they have noted that their development could arrive unexpectedly — just like advances with artificial intelligence — and have started developing some solutions. Chen added: “The question to me has never been when will quantum arrive. We all know quantum will arrive at one stage, but the question to me has always been, how long will it take for you to be ready when quantum does arrive?” This post No Fork Required: Bitcoin’s First Quantum-Safe Transaction Just Happened first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
Bitcoin Asia: Binance’s CZ Says $1M Bitcoin Is Coming — and Gold Won’t Keep Up
Bitcoin Magazine Bitcoin Asia: Binance’s CZ Says $1M Bitcoin Is Coming — and Gold Won’t Keep Up Binance founder Changpeng “CZ” Zhao has said that Bitcoin will hit $1 million dollars per coin sooner than we think — and eventually surpass gold’s market value. Speaking at this year’s Bitcoin Asia on Thursday, the crypto entrepreneur also said that Bitcoin is “dangerous” for countries that don’t use it. Bitcoin Asia kicked off on Thursday in Hong Kong, bringing the biggest names in the space to Hong Kong to talk about everything from treasury companies to building apps from scratch. JUST IN: Former Binance CEO CZ says "I think for Bitcoin to hit $1,000,000 would be a good thing. And it'll happen." "I don't think we need 25 years. I think it's gonna happen much quicker." pic.twitter.com/Qo4VRNoTso — Bitcoin Magazine (@BitcoinMagazine) August 27, 2026 “I think for Bitcoin hitting a million dollars would be a good thing — it will happen,” CZ said. “You think we need 25 years for that to happen? No, I actually don’t think we need 25 years, I think it’s going to happen much quicker.” CZ continued: “Bitcoin will, for sure, become more important than gold,” adding that large counties would over the years realize that the leading cryptocurrency is a “much better asset.” Bitcoin’s price started surging last week on news that the U.S. Treasury would at least double the size of its liquidity-support buyback operations. The announcement last week hurt the dollar but non-yielding assets like Bitcoin and gold have benefited. The price of Bitcoin has jumped nearly 12% over the past seven days, touching as high as $81,160 this week before dropping again to its current price of $80,520. Bitcoin’s $1.6 trillion market cap is still well below gold’s $32.2 trillion value. Regarding nation state adoption, CZ said that countries that don’t end up adopting Bitcoin will lose out — just like with other emerging technologies, such as AI. “If you think about AI, which country doesn’t want to hold the AI technology itself? Not investing in AI technology, not promoting the AI industry in your country, is dangerous for you,” he said. “Many countries view Bitcoin as this dangerous thing — it’s not. Bitcoin is much more dangerous if you don’t use it: you’re missing out.” He added that countries making the move to shift into Bitcoin would take time but would eventually happen. This post Bitcoin Asia: Binance’s CZ Says $1M Bitcoin Is Coming — and Gold Won’t Keep Up first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
Coinkite’s Coldcard Bug Exposed Single-Sig Risk. Multi-Vendor Multisig Is the New Bitcoin Custody Baseline
Bitcoin Magazine Coinkite’s Coldcard Bug Exposed Single-Sig Risk. Multi-Vendor Multisig Is the New Bitcoin Custody Baseline In the wake of Coldcard’s catastrophic entropy bug, self-custody advocates and experts have begun recommending a new standard, multi-vendor multisignature wallets, an approach that looks to minimize —among other threats— dependency on any single hardware wallet manufacturer. The Coldcard entropy bug that went undiscovered since at least 2021 has taught a hard lesson to the Bitcoin self-custody advocates and users. No matter how legitimate or competent a wallet provider might seem, how well recommended and reputable, a major bug may be possible. As a result, Bitcoiners are questioning old recommendations and assumptions, including many declaring the ‘death of single sig’ the popular self-custody method of trusting the private key pair generation to one wallet alone. The Threat Model Self-custody by any measure is an advanced practice in Bitcoin. Advocates recommend it as a way to protect user funds from exchange malfeasance like that seen in the cases of FTX and MtGox, among many others. But recent events have driven a revaluation of custody practices, with many bitcoin owners moving coins to exchanges — at least temporarily — while others upgrading or changing their self-custody setups altogether. Nick Neuman, CEO of Casa, claimed that 233k bitcoins moved to safety in reaction to the Coldcard hack. To understand when self-custody makes sense and for whom, it is essential to understand your personal threat model. A threat model is the careful analysis of threats to an individual, for the purpose of designing security practices and structures ahead of time. A simple threat model practice can be to take a step back and think about all the possible things that worry you about self-custody, and add them to a list. Then think about all the things that advocates caution users about, and append them to that same list. Next, sort or rate items on that list based on which are most likely to happen to you, and which are most likely to happen in general. Finally, you can rank each item in the list by how catastrophic it would be if it occurred; can your current setup and plans survive the realization of that threat? Two of the most likely causes of loss of funds in Bitcoin self-custody are user error related to backups or forgotten passwords, and of course theft. Many of the wallets believed to be lost bitcoins that have not moved come from bad backups of private keys in the early days, resulting in data loss after a computer failed. Others simply used passwords too difficult to brute force, and then forgot them, encrypting their private keys forever. On the theft dimension, bad entropy attacks likely rank among the most successful attacks on self-custody to date, with Coldcard joining a significant list of other wallets that have suffered bugs of the sort, intentional or otherwise, such as Trust Wallet, and many lesser-known and possibly malicious mobile wallets. In some cases, fake wallets like the iOS Sparrow Wallets simply stole user funds by keeping a copy of the user-generated private keys and sweeping the funds once deposited. In all of these examples, more thoughtful user behavior before trusting random software with your life savings is the solution. Once users have a clear threat model in place and a good enough understanding of the technology, designing security practices becomes more a science than an art. And while every individual has specific circumstances they need to take into account, some structures have emerged as the most resilient to most threats. One such practice becoming widely recommended and adopted among long-term self-custody Bitcoin holders is a carefully formed multisig setup. Multi-vendor Multisig The term “Multi-vendor Multisig” is relatively new in the self-custody niche. The term “multisig” has nevertheless gone viral in 2026, clearly triggered by the Coldcard hack that saw the loss of over 100 million dollars worth of bitcoin, mostly from single seed wallets. Most single-seed Coldcard users appear to have generated their private keys on the device without adding an extra passphrase, extra words that add custom entropy to the private keys, nor without extra dice rolls, which do the same in a different format. The weak entropy from the Coldcard firmware — which users had no reason to distrust, given the company’s strong brand — in turn made guessing the related private keys easy, with a bit of custom work, which hackers eventually figured out. The resulting viral interest in multisig is warranted. Multisig Bitcoin wallets protect users from such hardware manufacturer errors by letting users construct a Bitcoin address that requires signing from multiple private keys and thus multiple devices, in what is known as a Bitcoin script. Bitcoin scripts are contracts of sorts that set spending conditions for a bitcoin wallet. All Bitcoin wallets can be thought of as having some kind of script involved, with the simplest and most popular being that anyone who can sign a valid transaction can spend all or any funds therein. Multisig scripts instead require a threshold of valid signatures from different keypairs to result in a valid withdrawal. These scripts are enforced by the Bitcoin consensus rules. Multi-vendor multisig theory posits that users should make sure every keypair used to construct a Bitcoin multisig is generated from a different wallet vendor. One example that is likely popular today might be the use of a Trezor Safe 7 hardware wallet with one key, a second key generated by a Ledger Nano, and a third key generated by a multisig wallet provider, considered a recovery key. A script of this sort would require any 2 valid signatures out of the three possible signatures in the setup. By using two different hardware wallet providers, the user minimizes trust in any single wallet vendor, protecting them from an entropy failure like the one seen in Coldcard. Other Multisig setups can add more keys, with a 3-of-5 threshold also being common and a standard offering of a multisig-specialized wallet like Casa. It is at this point that the terminology commonly used and understood to describe Bitcoin spending software starts to break down, and as a result merits clarification. Wallets like Casa are software interfaces that let users combine partially signed transactions from different private key pairs. In this scenario, it becomes more useful to describe ‘hardware wallets’ like Trezor or Ledger as ‘key signers’ since no single keypair in the set holds enough of the key material to spend all the Bitcoin held in the Multisig script address. So Casa is a Multisig wallet that lets you use a threshold of hardware signers to secure and send bitcoin funds. Fundamentally, they help users interact with Bitcoin script and create consensus-valid transactions easily. Other examples of such multisig wallet providers include Nunchuck, Sparrow desktop wallet and Unchained Capital. In cases like Casa and Unchained, the wallet provider offers users a recovery key controlled by the company, which some users find useful. Nunchuck and Sparrow, on the other hand, are designed for full user autonomy in this regard, though Nunchuck does offer a premium recovery key-related plan as well. The Upsides of Multivendor Multisig Another benefit of a multisig wallet is its potential resistance to the infamous wrench attacks. Countries like France, which make Bitcoin and crypto ownership a matter of public record as a consequence of tax filings, have become focal points for crypto theft-related kidnapping. Self-custody or not, targets of this kind of crime are vulnerable to theft, particularly when the funds can be moved in full quickly, be it from a custodial exchange the user can access from their phone, or some self-custody setup. Advanced forms of multisig, like multi-jurisdictional or time-locked multisig, make it so that users have to travel, ideally through an airport, in order to reach other key signers needed to construct a valid bitcoin transaction. Or perhaps the recovery key involved in the multisig has the condition that it will not sign for two weeks after the user submits the request and corresponding transaction data. The result is the removal of the final central point of failure in Bitcoin custody: the user’s own willingness to send the bitcoin, particularly when under duress. While best practices in the case of wrench attacks broadly try to avoid ending up in that situation in the first place, making it difficult to spend your coins actually protects users from a wide range of attacks as well, including phishing schemes and other forms of social engineering that use pressure tactics to fool users into sending funds quickly. Multisig has also begun to enable novel forms of Bitcoin insurance, as demonstrated by AnchorWatch, a multisig wallet and insurance company that offers bitcoin theft protection denominated in BTC. The company’s services today are primarily offered to Americans through the Lloyd’s of London insurer. The Downsides of Multisig One critical downside of Multisig is that the user does not only need to have access to the threshold key material needed to sign, be it two hardware wallets as in our example, or one of the hardware wallets and a recovery key from the wallet company. The user also needs to store a copy of the Multisig script or template, so that they can recreate the smart contract and thus the valid withdrawal conditions for spending. Most Multisig wallets store this information for clients, but they will also send a copy to users so they can recover independently of the Multisig wallet, should it one day go offline. This post Coinkite’s Coldcard Bug Exposed Single-Sig Risk. Multi-Vendor Multisig Is the New Bitcoin Custody Baseline first appeared on Bitcoin Magazine and is written by Juan Galt. Переглянути повний текст
-
Billions Pour Into Bitcoin ETFs as Rally Rolls On
Bitcoin Magazine Billions Pour Into Bitcoin ETFs as Rally Rolls On Bitcoin exchange-traded funds have continued their winning streak, attracting billions of dollars in new investment over the past week. U.S. investors have thrown $2.56 billion since last Monday, according to Farside Investors data, helping push the leading cryptocurrency’s price higher. And this week alone, nearly $652 million in fresh cash has hit the products managed by the likes of BlackRock, Morgan Stanley, and Fidelity. Bitcoin was recently trading for $78,302 after jumping nearly 25% over a seven-day period. The coin touched as high as $81,160 on Monday. JUST IN: U.S. spot Bitcoin ETFs have taken in $2.08 billion over the past 5 trading sessions pic.twitter.com/GskNy0yPfc — Bitcoin Magazine (@BitcoinMagazine) August 26, 2026 Bitcoin’s rise comes after a sluggish June and July when it mostly traded below $65,000. The cryptocurrency has benefited from news that the Treasury would at least double the size of its liquidity-support buyback operations. The announcement last week hurt the dollar but non-yielding assets like Bitcoin and gold have benefited. Bloomberg Intelligence ETF Analyst Eric Balchunas wrote on X Wednesday that the debasement trade was back. “Gold and Bitcoin ETFs have combined for +$7b in flows in past week, by far a record for a 5-day period as debasement trade steals spotlight from AI,” he said. The debasement trade is when investors buy an asset to hedge against a currency losing value. Investments like Bitcoin and precious metals have done well as part of the trade as they cannot be endlessly printed. Investors now are fretting over U.S. borrowing, a weak dollar and efforts to contain long-term yields. Bitcoin ETFs had their best week since October last week, with nearly $2 billion in inflows. Positive regulatory coming out of the White House has also spurred the flurry of trading activity. President Donald Trump held a meeting with crypto executives earlier last week before urging lawmakers to get the long-awaited crypto Clarity Act over the line. This post Billions Pour Into Bitcoin ETFs as Rally Rolls On first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст
-
Forget the Trump Bump — Bitcoin Would Be Fine Under Democrats, Says VanEck
Bitcoin Magazine Forget the Trump Bump — Bitcoin Would Be Fine Under Democrats, Says VanEck President Donald Trump may be the most crypto-friendly leader the U.S. has had so far — but what would happen to Bitcoin if the Democrats were to get back in power? Well, it wouldn’t necessarily be bad, according to asset manager VanEck’s Head of Digital Assets Research, Matthew Sigel. Speaking on CNBC Wednesday, the analyst also said that contrary to what many believe, ex-President Joe Biden wasn’t anti-Bitcoin. Republicans have repeatedly blasted Democrats as anti-crypto. Regulators under ex-president Joe Biden cracked down on digital asset companies, filing various lawsuits. Good chat A Democrat White House can support Bitcoin: VanEck https://t.co/3Rh31555D2 — matthew sigel, recovering CFA (@matthew_sigel) August 26, 2026 “Biden was actually okay for Bitcoin,” Sigel said. “It’s the rest of cryptos that might have a problem [if Democrats get back in power].” He added: “With the ascendant socialist wing of the Democrat Party, I can tell you here in New York City that there are plenty who are reminded of why there is value in a decentralized, scarce asset that can’t be printed and spent on nonsense.” President Trump campaigned on a ticket to help the digital asset industry and has passed a number of pro-crypto executive orders, including setting up a Bitcoin Strategic Reserve. The price of Bitcoin surged off the back of Trump’s 2024 victory and notched a new record last year. Despite some sluggish months in 2026, the leading digital asset began to rise again last week after the president urged lawmakers to get the long-awaited crypto Clarity Act over the line. Bitcoin has jumped nearly 24% over the past seven days, touching as high as $81,160 this week before dropping again to its current price of $78,438. Pro-crypto lawmakers had hoped to pass the Clarity Act before Congress broke for August recess, but the vote slipped to September after Democrats balked at the latest draft. Some Republican senators have accused Democrats of deliberately holding the legislation back. The Clarity Act aims to create a legal framework classifying digital assets as securities, commodities or payment stablecoins, and determining which regulator oversees each. Sigel’s comments echo those of Coinbase’s Chief Policy Officer, Faryar Shirzad, who said in July that crypto was “maybe the most bipartisan issue in Washington.” Speaking about the delay in a vote on the Clarity Act, Shirzad said that while some lawmakers were holding back the long-awaited legislation, younger Democrats were for the framework. “A lot of the opposition is generational — so it is Democrats who oppose it — but I think younger members who understand the technology, understand that money is transforming how we should engage financially, how we need to adapt, and so it’s really a generational shift,” he said on The Hill’s Rising show. This post Forget the Trump Bump — Bitcoin Would Be Fine Under Democrats, Says VanEck first appeared on Bitcoin Magazine and is written by Mathew Di Salvo. Переглянути повний текст