2. SEC’s approval of spot Bitcoin ETFs in January, contributing to a broader uptick in the crypto market. 3. Caution is advised by the Financial Services Commission (FSC), urging compliance with existing guidelines and the Capital Markets Act. Korea Digital Asset (KODA), South Korea’s primary institutional crypto custodian, has experienced a remarkable 250% surge in […]
1. $30B RIA platform, Carson Group, greenlights four prominent spot bitcoin ETFs, including offerings from BlackRock, Fidelity, Franklin Templeton, and Bitwise. 2. While some ETFs received approval, Carson Group opted against endorsing several spot Bitcoin ETF funds. 3. Carson Group’s move is a significant boost for the spot bitcoin ETF market, total trading volume for […]
1. Trump softens his stance on Bitcoin acknowledging its increasing adoption and expressing a willingness to coexist with the cryptocurrency. 2. Despite the softened stance, Trump hints at plans to regulate the cryptocurrency market, recognizing its significant presence and impact. 3. While easing on Bitcoin, Trump reaffirms his loyalty to the U.S. dollar, emphasizing its […]
2. Notable tokens like Optimism (OP) took over a year to reach their all-time high. 3. Sweat (SWEAT) and Wen (WEN), achieved peak gains in mere days, underlining the diversity in the speed of appreciation. CoinGecko reveals a striking trend among the largest crypto airdrops. Nearly half of them achieve their all-time high prices within […]
In a recent revelation that has stirred the cryptocurrency community, Martti Malmi, one of Bitcoin creator Satoshi Nakamoto’s earliest collaborators, has published 120 pages of email correspondences between the two on GitHub. These emails, initially presented as evidence in a London court case against Craig Wright, offer a glimpse into the formative days of Bitcoin. […]
In a pivotal development for FTX estate, Judge John Dorsey has given the green light to the motion filed. Earlier this month, allowing the exchange to sell its 8% stake in the artificial intelligence startup, Anthropic. This decision comes as FTX seeks to capitalize on the profitable venture, potentially fetching over $1.4 billion based on […]
Crypto companies and executives, including Coinbase, Ripple Labs, and Andreessen Horowitz, have collectively contributed $68.5 million. The companies gave it to three crypto-focused super PACs—Fairshake, Protect Progress, and Defend American Jobs. These PACs, aiming to support leaders endorsing American crypto and blockchain innovation in the 2024 elections, collectively raised $84.8 million in 2023. Top Contributors […]
Block, led by Jack Dorsey, reported a substantial increase in Bitcoin gross profit through its Cash App, contributing to a 90% year-over-year rise. The fourth-quarter 2023 earnings report revealed a $66 million gross profit on Bitcoin sales, prompting a significant surge in Block’s stock price during after-hours trading. Bitcoin Sales Surge Block’s Bitcoin revenue witnessed […]
Popular social community platform Reddit has filed for an initial public offering (IPO), as indicated by a Thursday Securities and Exchange Commission (SEC) filing. Firstly, the filing discloses Reddit’s strategic move to invest in Bitcoin (BTC) and Ethereum (ETH) as part of its balance sheet diversification. Cryptocurrency Investments In the IPO filing, Reddit acknowledges allocating excess cash […]
In the ongoing Crypto Open Patent Alliance (COPA) vs. Craig Wright case, cryptographer and Blockstream CEO Adam Back presented a series of emails from the mysterious Satoshi Nakamoto to the UK High Court of Justice. The emails, spanning 2008 and 2009, shed light on the early days of Bitcoin and challenge claims by Craig Wright, […]