Sophia Network News

Bitcoin ETFs Take in Nearly $1B in New Money — But What Will the Price Do?

Bitcoin Magazine Bitcoin ETFs Take in Nearly $1B in New Money — But What Will the Price Do? American investors have thrown fresh cash at Bitcoin exchange-traded funds over the past six days, helping the price of the top cryptocurrency to rise again. Data from Farside Investors shows that close to $1 billion has been […]

Coinbase Settles FOIA Fight With the SEC Over Gensler’s Vanished Texts

Bitcoin Magazine Coinbase Settles FOIA Fight With the SEC Over Gensler’s Vanished Texts Coinbase has settled its Freedom of Information Act lawsuit against the Securities and Exchange Commission, closing a years-long fight that came to rest on a batch of text messages the agency admits it destroyed. Chief legal officer Paul Grewal disclosed the deal […]

VanEck: Bitcoin’s Summer Lull Masks a Tightening Supply Base

Bitcoin Magazine VanEck: Bitcoin’s Summer Lull Masks a Tightening Supply Base Bitcoin spent the past month in a holding pattern around $63,700, and VanEck’s latest Bitcoin ChainCheck reads the setup as a cautious pause rather than a bottom, with derivatives flashing fear, miner economics near multi-year lows, and long-term holders tightening their grip. The mid-July […]

Satsuma Shareholders Approve Bitcoin Liquidation, London Delisting

Bitcoin Magazine Satsuma Shareholders Approve Bitcoin Liquidation, London Delisting Satsuma shareholders have voted to unwind the company’s bitcoin treasury and pull its shares off the London Stock Exchange. At a general meeting on July 20, holders passed two special resolutions: one to return substantially all of Satsuma’s capital to shareholders, the other to cancel the […]

Bitcoin is NOT Changed by Proof Of Node

Bitcoin Magazine Bitcoin is NOT Changed by Proof Of Node You might have heard about BIP-110; here’s why this fork is not just bad for Bitcoin, but it is built on a misunderstanding of what a Bitcoin node is and what it is good for. As well as why, because of this misunderstanding, BIP-110 will […]

Bitcoin Maxi Jack Dorsey Unveils New Open Source Group Chat App

Bitcoin Magazine Bitcoin Maxi Jack Dorsey Unveils New Open Source Group Chat App Tech entrepreneur Jack Dorsey has announced a new group chat platform aimed at reducing teams’ reliance on platforms like Slack, in the Bitcoin maxi’s latest push for decentralization. The Block co-founder wrote Tuesday on X that the new app, named Buzz, was […]