Nik Hoffman

Blog Info Bitcoin Magazine
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Stats Has written 110 posts about cryptocurrency

Nov 04 2021

LABITCONF 2021 Bitcoin Conference To Be Hosted In El Salvador

The Latin American Bitcoin and Blockchain Conference is set to be hosted in San Salvador, El Salvador, on November 15–20, 2021.The Latin American Bitcoin and Blockchain Conference (LABITCONF) is coming to San Salvador, El Salvador, where their event is set to bring together many of the...

Nov 03 2021

US Congressmen Sent SEC Letter Advocating For Spot Bitcoin ETF

Nov 03 2021 Published at Bitcoin Magazine under tags  bitcoin etf markets sec u.s. congress

In a letter sent to SEC Chairman Gary Gensler, two Congressmen articulate why a spot bitcoin ETF should be approved in the U.S.Today, the Securities and Exchange Commission (SEC) Chairman Gary Gensler was sent a letter written by two U.S....

Nov 01 2021

NFL Legend Aaron Rodgers To Take Portion Of Salary In Bitcoin

Green Bay Packers quarterback Aaron Rodgers has partnered with Cash App to receive a portion of his NFL salary in bitcoin.Green Bay Packers legend, quarterback Aaron Rodgers, announced today on Twitter that he has partnered with Cash App to take a portion of his NFL salary in bitcoin. Rodgers also shared that he’s giving out $1,000,000 in bitcoin to his fans in...

Oct 26 2021

Bitcoin Exchange FTX Buys Super Bowl Ad

Bitcoin exchange FTX bought an ad for the upcoming NFL Super Bowl for an undisclosed amount, said to take advantage of the game’s high viewership.Today, Bloomberg reported that bitcoin exchange giant FTX purchased an ad slot for the upcoming Super Bowl LVI on February 13, 2022, at...

Oct 20 2021

Jack Dorsey Tweets Moon As Bitcoin Hits All-Time Price High

Today, the price of Bitcoin hit a brand new all time high of $66,000 and the Twitter and Square CEO is taking notice.The price of Bitcoin is absolutely ripping on this fine Wednesday morning, and Twitter and Square CEO Jack Dorsey has definitely taken notice....

$65,000 Bitcoin: A New All Time High

History is made, Bitcoin crossed a new all time high! Let’s recap the price movement throughout the past couple years to see how we got here.Pop out the champagne, because we’re celebrating Bitcoin hitting a brand new all-time high of $65,000! We’ve come a long way these past two years, so let’s quickly recap how we got here and what we’re looking...

Oct 19 2021

Bitcoin Hits A New All Time High Against The Euro

The same day that a Bitcoin futures ETF gets publicly listed on the NYSE in the U.S., bitcoin hits a new all-time high against the euro.At the time of writing, Bitcoin has hit a new all-time high (ATH) against the Euro ($EUR) at €54,603.15. At the same time, BTC only needs a 2% move up to break a new ATH against the...

Riot Blockchain Announces 200MW Immersion-Cooled Bitcoin Mining Operation

Riot announces a new immersion-cooled bitcoin mining operation that will increase their miner productivity.Today, Riot Blockchain announced their new 200 megawatt (MW) industrial-scale immersion-cooled bitcoin mining operation at its Whinstone facility which was...

Oct 15 2021

SEC Set To Allow Bitcoin Futures ETF Trading Next Week

Sources told CNBC that the Securities and Exchange Commission is set to allow the first Bitcoin futures ETF to go live in the U.S.Next week, the SEC is set to allow the trading of Invesco and or ProShares Bitcoin futures exchange- traded funds (ETFs) go live in what would be a first in the United States, according to...

Bitcoin Price Hit $60,000! New All Time High Inbound

Bitcoin surpasses $60,000 and looks poised to retake a new all-time high soon and pump to prices never seen before.Bitcoin is back at $60,000 and looks poised to retake a new all-time high of $65,000 in the near future.Starting off the year in the low $30,000s, we watched bitcoin put doubters in disbelief as it ran all the way up to...

Oct 12 2021

Payments Giant Stripe Is Building A Bitcoin And Crypto Team

Oct 12 2021 Published at Bitcoin Magazine under tags  bitcoin business crypto payments stripe

Payments company Stripe is building a Bitcoin and crypto team to help their platform “support crypto use cases.”In a job listing posted recently on Stripe’s website, the company is adding four new positions with the title “Staff Engineer, Crypto.” Guillaume Poncin, Head of Engineering Crypto at Stripe, announced he is building a team of engineers and designers...

Cathie Wood's Ark Invest Sold Over 98,000 Coinbase Shares

On Monday, famous investor Cathie Wood’s eye-catching fund sold over 98,000 shares of Coinbase.Yesterday as Bitcoin was approaching $58,000, Cathie Wood’s Ark Invest completed the sale of 98,427 shares of Coinbase worth over $25 million, Business Insider reported....

Bitcoin Miner CleanSpark To Expand Mining Capacity By 45%

Sustainable bitcoin mining and diversified energy company, CleanSpark, announced its latest purchase of miners to increase their operations.Today, giant bitcoin miner CleanSpark announced its purchase of 4,500 Antminer S19 bitcoin mining machines, which were purchased using some of the company’s BTC reserves. The machines are expected to be delivered starting next month, with future deliveries ongoing through July...

Oct 11 2021

First USL Pro Soccer Player Gets Paid In Bitcoin

Birmingham Legion’s Alex Crognale became the first-ever USL professional soccer player to get paid in bitcoin, citing concerns over money printing by central banks.Center back for the Birmingham Legion, Alex Crognale, has become the first professional soccer player in the United Soccer League (USL) to get paid in bitcoin.Crognale took a total of 15% of his salary in bitcoin last month...

Oct 04 2021

Bitcoin Surpasses Facebook In Market Capitalization

Oct 04 2021 Published at Bitcoin Magazine under tags  bitcoin facebook market cap markets

As Facebook goes down, Bitcoin is still up and surpasses the social media network in market capitalization.Today, Bitcoin achieves another big milestone by surpassing Facebook in market capitalization at over $929,014,620,160 at the time of writing, according to Asset Dash....

Sep 29 2021

Amber To Launch In 44 States Across The U.S.

Australian-based bitcoin exchange Amber is set for its U.S. launch in 44 states via a public beta release.Amber, the Australian-based Bitcoin accumulation app that has spawned an entire generation of Dollar Cost Average (DCA) products around the world, has announced its launch in the United States, per a press release sent to Bitcoin Magazine.“We decided to get the...

Sep 28 2021

A Look Into What’s Happening With Bitcoin In Ukraine

Sep 28 2021 Published at Bitcoin Magazine under tags  bitcoin interview markets ukraine

Bitcoin Magazine got an exclusive interview to further discuss the country’s recent bill legalizing Bitcoin and what is next for Ukraine.On September 10, 2021, Ukraine legalized bitcoin within the country, providing clarity on the asset which was not clear before. Shortly after the bill was signed into law, Bitcoin Magazine...

Sep 23 2021

Bitcoin Magazine Opens Bureau In Ukraine

Bitcoin Magazine is expanding our reach in Eastern Europe and the greater Commonwealth of Independent States (CIS) region by opening up a bureau in Kyiv, Ukraine.Bitcoin Magazine is proud and excited to announce that we will be establishing a news bureau in Kyiv, Ukraine as part of our ongoing efforts to expand reporting on bitcoin adoption in Eastern Europe and...

Sep 20 2021

1.6 Million Salvadorans Now Using Bitcoin Chivo Wallet

El Salvador President Nayib Bukele gives us an update on the adoption progress of their government Bitcoin app - Chivo Wallet.Today, the president of El Salvador, Nayib Bukele tweeted out an update on the adoption progress of the nation’s recently launched Bitcoin app, Chivo Wallet. As of now, over 1.6 million Salvadorans have been onboarded to the app and now have access...

Sep 16 2021

Hungary Debuts Statue In Honor Of Bitcoin Creator Satoshi Nakamoto

Hungary becomes the first country to honor Bitcoin creator Satoshi Nakamoto with a public statue.Today, a statue of Bitcoin creator Satoshi Nakamoto was revealed in Budapest, Hungary in front of a large and passionate crowd. “The goal of the statue is to honor Satoshi Nakamoto, the founders believe that his work is truly something to be remembered,”...