MicroStrategy, a leading enterprise business intelligence firm that has emerged as a pioneering Bitcoin advocate among public companies, is hosting its Bitcoin For Corporations conference starting today. The event is taking place May 1 – May 2, 2024 in Las Vegas, NV will feature industry leaders discussing how corporations can adopt Bitcoin as a treasury asset.

MicroStrategy has bought over 1% of the total Bitcoin supply since first purchasing BTC in 2020. The company recently added 122 more bitcoins in April, now holding an astonishing 214,400 BTC worth billions. Its Bitcoin strategy has multiplied MicroStrategy’s enterprise value and blazed a trail for corporate Bitcoin…

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Is OP_CAT happening? The covenants proposal was just assigned BIP number #347. But before we delve deeper, let’s explore what covenants are and why Bitcoiners may want them.

Is Bitcoin an ideal state of digital e-cash or do we want more from our coins on-chain?

Scratching the Surface: Bitcoin Scripts Limitations

To understand covenant proposals like OP_CAT, it’s crucial to grok the fundamental limitations of Bitcoin Script as it is today. Under the hood, Bitcoin allows for the creation of basic smart contracts through codes that define the rules for locking and unlocking funds. However, Bitcoin Script, as a programming language, is fairly limited to basic logic that comes into play only…

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BlackRock has led a $47 million funding round for Securitize, the leader in tokenizing real-world assets. This investment supports the launch of BUIDL, BlackRock’s first Ethereum-based digital fund. Securitize will facilitate investor subscriptions to the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). The partnership underscores BlackRock’s commitment to blockchain-based finance and marks a significant step toward integrating tokenized assets into mainstream finance.

Official Press Release Link

Hoseki, a leader in Bitcoin and blockchain verification solutions, has unveiled Hoseki Verified, a new verification product aimed at enhancing transparency and trust in the cryptocurrency industry, with a focus on spot Bitcoin exchange-traded fund (ETF) asset verification, according to a press release sent to Bitcoin Magazine.

This public dashboard aims to set a new industry standard for verification, offering both retail and institutional investors full visibility into the BTC holdings of these funds.

Image via press release

Hoseki Verified intends to provide real-time…

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$1M – $10M MarketCap:

1. EnterButton (ENTC): 17%
2. Ispolink (ISP): 16%
3. Joe Coin (JOE): 16%
4. Based Shiba Inu (BSHIB): 10%
5. Blink Galaxy (GQ): 9.7%

$10M – $100M MarketCap:

1. MANEKI (MANEKI): 25%
2. Celsius Network (CEL): 12%
3. Banana Gun (BANANA): 11%
4. OpSec (OPSEC): 9.3%
5. WXT Token (WXT): 7.2%

$100M – $1B MarketCap:

1. Goldfinch (GFI): 21%
2. Starknet (STRK): 11%
3. Autonolas (OLAS): 9.9%
4. Synternet (NOIA): 7.3%
5. Arcblock (ABT): 7.2%

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Major global bank Standard Chartered believes the Bitcoin price could see further downside to around $50,000, according to recent comments.

Geoffrey Kendrick, head of forex and digital assets research at Standard Chartered, told The Block: “BTC’s proper break below $60,000 has now reopened a route to the $50,000-52,000 range.”

As of writing, Bitcoin is trading under $57,000 after a steep drawdown from recent highs above $70,000. Kendrick cited both the Bitcoin market and broader macroeconomic factors weighing on Bitcoin’s price.

He highlighted five straight days of outflows from U.S. spot Bitcoin ETFs and the slow start for new Hong Kong spot Bitcoin ETFs as the reasons for the recent…

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