Bitcoin’s Early Days Revisited: A Look Back at ’The Rise and Rise of Bitcoin’
Eleven years after its premiere at the Tribeca Film Festival, ’The Rise and Rise of Bitcoin’ remains a seminal document of crypto’s early ethos. The film, directed by Nicholas Mross, captures Bitcoin’s 2013-2014 ascent toward $100 through the lens of his brother Daniel—a programmer turned miner who later founded Maximalist Capital. Notable figures like Charlie Shrem of BitInstant and Eric Voorhees appear in the documentary, offering insights into Bitcoin’s formative years. As the cryptocurrency market continues to evolve, revisiting this film provides a fascinating glimpse into the foundational principles and early challenges that shaped Bitcoin’s journey. With the current date being 2025-04-25, Bitcoin’s price and adoption have far surpassed the $100 milestone, making this documentary a valuable historical artifact for both new and seasoned crypto enthusiasts.
Bitcoin Documentary ’The Rise and Rise of Bitcoin’ Revisited Amid Market Evolution
Eleven years after its premiere at the Tribeca Film Festival, ’The Rise and Rise of Bitcoin’ remains a seminal document of crypto’s early ethos. The film, directed by Nicholas Mross, captures Bitcoin’s 2013-2014 ascent toward $100 through the lens of his brother Daniel—a programmer turned miner who later founded Maximalist Capital.
Notable figures like Charlie Shrem of BitInstant and Eric Voorhees appear as the documentary chronicles infrastructure growing pains during Mt. Gox outages. The footage now serves as a cultural artifact, contrasting Bitcoin’s bootstrap era with today’s institutionalized markets.
El Salvador Proposes Tokenized Real Estate Sandbox to U.S. SEC
El Salvador’s National Commission on Digital Assets (CNAD) is exploring a regulatory sandbox that would allow U.S. firms to experiment with tokenized real estate projects in the Central American nation. The proposal was discussed during a meeting between the SEC’s Crypto Task Force and CNAD officials this week.
The initiative aligns with recent signals from SEC leadership indicating openness to creating testing grounds for tokenized asset innovation. El Salvador, which adopted Bitcoin as legal tender in 2021, continues to position itself as a hub for cryptocurrency experimentation.
"This sandbox could provide crucial regulatory clarity for asset tokenization projects," said Erica Perkin of Perkin Law Firm, an advisor to CNAD. The move represents another step in El Salvador’s aggressive pro-crypto stance under President Nayib Bukele’s administration.
Fractal Bitcoin Secures 93% of Bitcoin’s Hashrate with Foundry Partnership
Fractal Bitcoin, a layer 2 scaling solution for the Bitcoin network, has achieved a significant milestone in network security. The integration of Foundry, one of the largest Bitcoin mining pools, now ensures that 93% of Bitcoin’s hashrate is merged mining Fractal Bitcoin. This development enhances the protocol’s security without requiring miners to invest in new hardware.
The collaboration marks a pivotal step for Fractal Bitcoin’s Cadence Mining innovation, which supports over 719 EH/s of mining power. Foundry’s participation underscores growing institutional confidence in Bitcoin’s layer 2 ecosystems.
SoftBank Re-enters Bitcoin Market Through New Investment Vehicle
Japanese investment giant SoftBank is cautiously returning to cryptocurrency investments after a costly 2018 misstep. The $308.7 billion asset manager is backing a new Bitcoin investment vehicle called Twenty One Capital, partnering with stablecoin issuer Tether, exchange Bitfinex, and financial firm Cantor Fitzgerald.
The move signals renewed institutional interest in digital assets, though seasoned observers note the irony. SoftBank founder Masayoshi Son personally lost approximately $130 million on bitcoin investments during the 2018 crypto winter after entering the market near its previous cycle’s peak.
Market analysts are divided on whether this represents meaningful institutional adoption or simply another speculative foray. "When an entity with SoftBank’s scale and influence engages with crypto, it inevitably moves the needle," said Jeff Park of Bitwise Asset Management. The firm’s participation lends credibility to bitcoin’s maturation as an asset class, despite its checkered history with cryptocurrency investments.
Swiss Crypto Advocates Push for Bitcoin in National Reserves
Swiss cryptocurrency proponents are mounting a campaign to compel the Swiss National Bank to add Bitcoin to its foreign reserves. The initiative, launched as a constitutional referendum effort in December, seeks to mandate BTC holdings alongside gold as a hedge against traditional currency risks and geopolitical exposure.
Luzius Meisser of Bitcoin Suisse argues Bitcoin’s fixed supply provides an inflation-resistant alternative to fiat currencies. The movement reflects growing concerns about overreliance on the dollar and euro amid shifting global monetary dynamics.