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  • About

Arnold Potts

Founder and Lead Editor of Coinfiend. Arnold loves all things blockchain.

Elon Musk Sues OpenAI: Worldcoin Token Falls Amid Lawsuit Rumors

March 4, 2024 by Arnold Potts

Worldcoin’s (WLD) token experienced a sharp decline in European morning hours on Friday following reports of a lawsuit against related company OpenAI. The token dropped 2.2% in just one hour after news broke that technology investor Elon Musk, the owner of the …

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Maximizing Your Bitcoin Holdings for Retirement: Comparing Different IRA Approaches

March 4, 2024 by Arnold Potts

the most popular options for holding bitcoin in an IRA with key control is the Unchained IRA. Unchained Capital offers a collaborative custody partnership that allows individuals to hold their own keys while still benefiting from the tax advantages of an IRA. …

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Crypto Miners Selling Bitcoin Ahead of Reward Halving: Data Shows Decline in BTC Holdings

March 3, 2024 by Arnold Potts

The number of bitcoin (BTC) held by crypto miners has dropped to the lowest level since July 2021, according to data tracked by Glassnode. The estimated number of BTC held in wallets tied to miners fell by 8,426 BTC ($530 million) since …

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The Final Agreement: Texas Blockchain Council & Riot Platforms, Inc. Successfully Block Illegal EIA-862 Collection Action

March 3, 2024 by Arnold Potts

The Texas Blockchain Council and Riot Platforms, Inc. have reached a final agreement with the Energy Information Administration (EIA) that marks a significant victory for the mining industry. The agreement, which has just been released, includes several key provisions that will benefit …

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Grayscale’s GBTC Sees $600 Million Outflows, BlackRock’s IBIT Surpasses $10 Billion Assets Under Management

March 3, 2024 by Arnold Potts

Grayscale’s GBTC, one of the most popular bitcoin investment vehicles, experienced a significant outflow of nearly $600 million on Thursday, marking its largest single-day redemption since January 22. However, despite this massive sell-off, inflows into other spot bitcoin exchange-traded funds (ETFs) helped …

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MicroStrategy’s Bitcoin Holdings Surpass $10 Billion Milestone Amid Rising BTC Prices

March 2, 2024 by Arnold Potts

MicroStrategy, a leading business intelligence company, has reached a significant milestone in its investment in Bitcoin, with the company’s holdings now valued at over $10 billion as the price of BTC surpasses $52,000. This achievement highlights MicroStrategy’s unwavering commitment to Bitcoin as …

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Bitcoin’s RSI Signals Caution for Short-Term Traders Amid Price Rally

March 2, 2024 by Arnold Potts

Bitcoin’s RSI signals caution to short-term traders looking to chase the price rally, according to The Market Ear. The overbought reading on the RSI signals the potential for a temporary price correction. Bitcoin (BTC), the leading cryptocurrency by market value, has gained …

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MixMob’s Racer 1 Game to Feature Star Wars Stormtroopers as NFTs

March 2, 2024 by Arnold Potts

MixMob, a Solana-based gaming platform, has announced that their popular game Racer 1 will soon feature Star Wars stormtroopers as non-fungible tokens (NFTs) starting in the second quarter of this year. This exciting development comes after MixMob acquired the licensing rights to …

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Institutions Favor Ether Over Bitcoin in Crypto Portfolios: Bybit Report

March 1, 2024 by Arnold Potts

Institutions are increasingly allocating their portfolios to ether and bitcoin, while retail users are showing more bullish sentiment towards bitcoin, according to a recent report by Bybit. The report highlights a notable shift in market sentiment since December, with institutions now favoring …

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Bitcoin Magazine Expands Global Presence with New Swiss Office in Partnership with White Rock Management

March 1, 2024 by Arnold Potts

Bitcoin Magazine Expands Global Presence with New Swiss Office in Partnership with White Rock Management In a bold move to enhance its international reach, Bitcoin Magazine, in collaboration with White Rock Management, has announced the opening of its new office in Lugano, …

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