Social media platform Reddit filed an S-1 registration statement with the Securities and Exchange Commission (SEC) on Thursday, in a bid to go public on the New York Stock Exchange (NYSE). The filing revealed that […]
Bitcoin (BTC) threatened a breakdown from its trading range at the Feb. 21 Wall Street open as resistance stayed firmly in place. BTC/USD 1-hour chart. Source: TradingView ETFs no silver bullet for Bitcoin bull market […]
Mexican billionaire Ricardo Salinas, a fervent advocate for cryptocurrency, recently delineated the merits of Bitcoin as an investment. His insights are timely, given the heightened interest in the digital currency’s potential. Amidst various investment options, […]
Grayscale GBTC’s outflows have been experiencing outflows. Data shows that as of February 16th, the total funds withdrawn from GBTC since its conversion to a spot Bitcoin ETF have amounted to $7 billion. While the […]
Inflows into the spot Bitcoin (BTC) exchange-traded funds (ETFs) topped $2.2 billion between Feb. 12 and Feb. 16, indicating a strong investor appetite. Bloomberg analyst Eric Balchunas said in a X post that BlackRock’s iShares […]
The US Securities and Exchange Commission (SEC) has imposed a $1.75 million fine on VanEck, a Bitcoin exchange-traded fund (ETF) issuer, citing disclosure failures. According to the SEC, VanEck neglected to inform the board overseeing […]
A 51% attack occurs when a single network miner or group of miners controls more than half of a blockchain network’s hash rate. Theoretically, this would enable the attacker to block transactions from taking place […]
The Ethiopian government has entered into a partnership with a Hong Kong data center operator. According to reports, Bitcoin mining will be among the activities the sides develop together. State-owned Ethiopian Investment Holdings has signed […]
Genesis Global has received the green light from a bankruptcy court to sell approximately 36 million Grayscale Bitcoin Trust (GBTC) shares valued at over $1.65 billion. This move is part of the bankrupt crypto lender’s […]
Michael Saylor, MicroStrategy’s co-founder and executive chairman, said in a recent interview that the demand for Bitcoin coming from the recently listed spot Bitcoin exchange-traded funds (ETFs) is tenfold the supply available from natural sellers, […]
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