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Crypto News

Samourai Wallet Co-Founder Sentenced to Four Years for Crypto Money Laundering

Samourai Wallet Co-Founder Sentenced to Four Years for Crypto Money Laundering

Bitcoin Magazine Samourai Wallet Co-Founder Sentenced to Four Years for Crypto Money Laundering On November 19, William “Bill” Hill, 67, co-founder of Bitcoin mixing service Samourai Wallet, was sentenced to four years in prison for operating an unlicensed money transmitting business that processed over $237 million in criminal proceeds, according to journalist Frank Corva.   Hill […]

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Strategy’s (MSTR) Michael Saylor Dismisses Index Concerns: ‘Our Conviction in Bitcoin is Unwavering’

Strategy’s (MSTR) Michael Saylor Dismisses Index Concerns: ‘Our Conviction in Bitcoin is Unwavering’

Bitcoin Magazine Strategy’s (MSTR) Michael Saylor Dismisses Index Concerns: ‘Our Conviction in Bitcoin is Unwavering’ Michael Saylor pushed back on recent reports warning that Strategy could face billions in passive outflows if MSCI excludes the company from major equity indices. In a statement on X, Saylor said that Strategy is “not a fund, not a

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JPMorgan Says Saylor’s Strategy Could See Billions in Outflows if MSCI Excludes MSTR

JPMorgan Says Saylor’s Strategy Could See Billions in Outflows if MSCI Excludes MSTR

Bitcoin Magazine JPMorgan Says Saylor’s Strategy Could See Billions in Outflows if MSCI Excludes MSTR Strategy — the original “bitcoin-on-NASDAQ” proxy — is now facing its most consequential structural risk since Michael Saylor began converting the firm into a leveraged BTC holding vehicle five years ago. A new JPMorgan research note warns that Strategy is

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Ray Dalio Reaffirms Bitcoin Skepticism, Says He Still Holds Just 1% Allocation

Ray Dalio Reaffirms Bitcoin Skepticism, Says He Still Holds Just 1% Allocation

Bitcoin Magazine Ray Dalio Reaffirms Bitcoin Skepticism, Says He Still Holds Just 1% Allocation Billionaire investor Ray Dalio, founder of Bridgewater Associates, reiterated his cautious stance on Bitcoin this week, revealing that he holds only a small fraction of the cryptocurrency in his portfolio.  Speaking on CNBC’s Squawk Box, Dalio said, “I have a small

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Congressman Warren Davidson Introduces Bitcoin For America Act, Proposes Federal Tax Free Payments in Bitcoin

Congressman Warren Davidson Introduces Bitcoin For America Act, Proposes Federal Tax Free Payments in Bitcoin

Bitcoin Magazine Congressman Warren Davidson Introduces Bitcoin For America Act, Proposes Federal Tax Free Payments in Bitcoin Rep. Warren Davidson (R-OH) introduced today the Bitcoin For America Act in the U.S. House of Representatives, a landmark proposal designed to modernize the U.S. financial system and position the nation at the forefront of the global digital

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Metaplanet is Building a Two-Tier Rocket Ship to Buy More Bitcoin

Metaplanet is Building a Two-Tier Rocket Ship to Buy More Bitcoin

Bitcoin Magazine Metaplanet is Building a Two-Tier Rocket Ship to Buy More Bitcoin Metaplanet has introduced a new two-tier preferred equity structure designed to deepen its bitcoin-centric financing model, launching a senior Class A instrument called MARS and a new perpetual Class B preferred share, MERCURY, that is expected to raise roughly $150 million.  The

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Abu Dhabi Tripled Its Bitcoin Bet In Q3 Before the Crypto Market Crash

Abu Dhabi Tripled Its Bitcoin Bet In Q3 Before the Crypto Market Crash

Bitcoin Magazine Abu Dhabi Tripled Its Bitcoin Bet In Q3 Before the Crypto Market Crash The Abu Dhabi Investment Council (ADIC) expanded its exposure to Bitcoin ahead of the cryptocurrency’s sharp downturn, more than tripling its stake in BlackRock’s iShares Bitcoin Trust (IBIT) during the third quarter, regulatory filings show. ADIC — an independently run

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