Google Previews Key-Splitting Crypto Custody Tool For Banks

Google is reportedly unveiling Google Multi-Party Compute, a crypto custody system that splits signing keys across separate systems, at its first digital assets symposium in New York today. The product is in private preview with several financial institutions. Alphabet has started using it to secure its own assets, according to CoinDesk reporting.

Google plans commercial availability in early 2027 and has not disclosed pricing.

The system applies multi-party computation to a signing key. The key is divided into fragments held by separate parties or machines, and a transaction requires a set number of fragments to sign. 

The full key is never assembled in one place. A bank…

Read more on BitcoinMagazine

Strategy (MSTR) Shareholders Approve Daily Dividends On Four Preferred Stocks

Strategy shareholders have approved the Daily Dividends amendment, the company announced Wednesday. Preliminary results show 99.3% of votes cast were in favor, according to Executive Chairman Michael Saylor.

The amendment allows STRF, STRC, STRK and STRD to accrue dividends every calendar day, including weekends and holidays.

The proposal surfaced on September 25, when the company asked holders to attend a special meeting on October 28. Strategy said the change “would reduce reinvestment lag, enhance liquidity and market efficiency, and increase price stability.”

At the time Strategy said that they “believe these enhancements can also benefit our common stockholders by…

Read more on BitcoinMagazine

Bitwise Raises Bitcoin Target To $1.6 Million By 2036

Bitwise Asset Management this week released its 2027 Bitcoin Long-Term Capital Market Assumptions, raising its 2036 base-case price target for bitcoin to $1,599,766 from $1.3 million a year earlier. 

The forecast implies a 34.3% compound annual growth rate from the roughly $83,557 price the firm used as of September 30, 2026. Bitwise’s bear case is $130,686 and its bull case is $3.67 million.

The base case rests on three arguments. Institutional investors will keep adding bitcoin to portfolios. New supply stays fixed on a predictable schedule. Rising government debt will push investors toward assets that cannot be printed. 

Institutional investors love bitcoin

Bitwise estimates…

Read more on BitcoinMagazine

U.S. Will Win In Digital Assets

U.S. Treasury Secretary Scott Bessent said Tuesday that American leadership in digital assets could reinforce the dollar’s global position, even as Congress has stalled on the market-structure legislation meant to govern them.

Speaking at Ripple’s Swell conference in New York with CEO Brad Garlinghouse, Bessent argued that the foundations of reserve-currency power are shifting. For much of modern history, he said, the dollar’s dominance rested largely on military strength. 

“We will keep our military umbrella, but increasingly, it becomes a technological umbrella,” he said. 

He grouped digital assets with artificial intelligence and semiconductors as areas where…

Read more on BitcoinMagazine

Brazilian Banking Giant Itaú Formalizes Crypto Role As Brazil Closes Its Licensing Window

Itaú Unibanco, the largest private bank in Brazil, has formalized its role as a cryptocurrency service provider before the Central Bank of Brazil. The filing covers intermediation and custody of crypto assets, the same activities the regulator assigns to brokerage firms, according to local reports. The news arrives as the country’s crypto sector faces a compressed timeline to obtain licenses.

Itaú’s move places the bank inside a licensing framework that did not exist a year ago. Brazil’s central bank requires every company that holds, moves, or trades crypto for customers to register as a regulated provider. By filing, Itaú tells the market that it intends to be one of…

Read more on BitcoinMagazine

Luxor Announces $16M Funding Round To Scale AI Compute, Derivatives

AI hardware is sold out, and the companies that cut their teeth in Bitcoin mining are moving in. Luxor just raised $16 million in a round led by CMT Digital to scale its cloud platform, GPU hardware business and compute trading. Ethan Vera of Luxor and Sam Hallene of CMT Digital join BMTV to explain why Bitcoin mining expertise translates so well into AI compute.

Chapters:00:00 Luxor Raises $16M to Take Bitcoin Mining Expertise Into AI01:17 Why CMT Digital Backed the Luxor Team02:54 What Bitcoin Mining Teaches AI Infrastructure03:48 Luxor Cloud: Runners, Sandboxes and Code Review04:51 Sandboxes for AI Agents05:43 GPU Demand: Nvidia Sold Out for the Year07:12 Compute Derivatives…

Read more on BitcoinMagazine

“Now Is The Time” To Buy Bitcoin

“We believe the bottom is in.” That’s the call from Galaxy’s head of firmwide research, Alex Thorn. Bitcoin closed back above its 50-week moving average the week of September 20 and has kept that trend, and Galaxy notes that the four prior reclaims after 20-plus weeks below never closed more than 8.4% under the reclaim level in the following year. Here’s why the whole call comes down to the 50-week moving average.

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and…

Read more on BitcoinMagazine

Bitcoin Price “Climbing The Wall Of Worry” – Early Signs Of Bull Market

Bitcoin is holding near $80K, yet the crowd has never seemed less excited and that might be the most bullish signal of all. Michael Sullivan, software engineer and author of Bitcoin Sentiment Weekly, breaks down what language-based sentiment data says about this market. He explains why excitement, conviction and desire are washed out to levels he compares to 2015, and why that looks like the early stages of a disbelief rally.

Chapters:00:00 Michael Sullivan on Bitcoin and Currency Decay00:58 Bitcoin’s Pullback From $86K: Is This a Disbelief Rally?02:10 Bitcoin Sentiment Compared to 2015 and 202203:50 How to Tell When the Bitcoin Market Is Overheated05:05 Measuring Excitement,…

Read more on BitcoinMagazine

Bitcoin Price Rests Near $80,500 As Midterms, Fed Decision Loom

Bitcoin price traded near $80,500 most of Tuesday, holding above the $80,000 level that has become the market’s line in the sand. Prices ranged between roughly $79,400 and $80,800 over the day, according to Bitcoin Magazine Pro data, and the asset was up about 0.3% over the prior 24 hours by mid-afternoon Eastern time.

The steadiness follows a rough stretch. Bitcoin price fell below $80,000 on Monday as investors cut risk exposure, weighed down by concerns about AI-sector valuations and higher oil prices. Spot Bitcoin ETFs have also been shedding money. Still, the selling hasn’t turned into panic. Bitcoin price has mostly stayed in a band between about $79,000 and $81,000 this…

Read more on BitcoinMagazine

VanEck Launches All-in-One ETF With Bitcoin Exposure

VanEck launched the Wealth Builder ETF today, trading on the NYSE under the ticker WBMO. The actively managed fund packages the firm’s Wealth Builder model portfolios, which advisers have used through third-party platforms, into one product anyone with a brokerage account can buy. 

VanEck, which oversees about $244 billion in assets, selects the holdings, sets the weights and rebalances the portfolio.

VanEck describes the product as a way to “gain exposure to a broad mix of investments across stocks, bonds, gold, and bitcoin with a single ETF purchase.” The fund holds global stocks, bonds, gold and other real assets. 

Its bitcoin exposure is indirect. WBMO owns no…

Read more on BitcoinMagazine