Bitcoin
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MicroStrategy Still Bullish On Bitcoin, Spends Millions Last Month To Increase BTC Stash
American software company MicroStrategy once again bolstered its Bitcoin position and reinforced its bullish stance by acquiring more BTC in October, growing its stash to nearly 159,000. MicroStrategy co-founder and…
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Bitcoin Wins Boost On Hope Of Broader Trading
Bitcoin’s price has risen strongly in recent weeks with the United States possibly set to allow a popular type of trading in the cryptocurrency that would further normalise the asset.…
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Bitcoin Unmoved By Invesco And Galaxy Spot BTC ETF Ticker Listing On DTCC Website
KEY POINTS Invesco refiled its spot Bitcoin ETF application in partnership with Galaxy in June Invesco and Galaxy’s spot Bitcoin ETF ticker, BTCO, was added to the DTCC list sometime…
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Bitcoin Price Surge Makes History As Rally Sees 40M Holders In Profit
KEY POINTS The number of Bitcoin wallet addresses in profit as of Monday was 39.1 million The previous peak in number of profit-taking wallet addresses was recorded in November 2021…
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Institutional Interest Surges As Bitcoin Crosses $35K, Triggering $275M Liquidations: Market Update
Last week, Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, experienced a meteoric surge when it traded above the $35,000 price level, resulting in $275 million in liquidations. This…
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VanEck Amends Bitcoin ETF Prospectus, Suggests Seeding Fund With BTC
KEY POINTS VanEck’s spot Bitcoin ETF prospectus showed it will use Bitcoin instead of cash in seeding Finance lawyer Scott Johnson said it had “similar language to the Blackrock amendment”…
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Gensler Confirms 8 To 10 Spot Bitcoin ETF Applications Under SEC Review Despite Total 12 Filings
KEY POINTS Gensler said this week the SEC was currently reviewing eight to ten spot Bitcoin exchange-traded fund (ETF) application So far, there are 12 Bitcoin ETF applicants The hype…
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Bitcoin Market Dominance Hits 2.5-Year High As Price Reclaims $35K
KEY POINTS Bitcoin’s market dominance reached 54% this week This is the highest rate Bitcoin’s dominance has reached over the past 30 months BTC was trading in the red zone…
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Bitcoin Surge Sees 81% Supply In Profit, Average Short-Term Investor Holdings 20% Up: Glassnode
The explosive rally of Bitcoin this week saw 81% of its supply in profit with its average short-term investment holdings up by 20%, according to a report from Glassnode. Bitcoin…
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US Government Loses Out On More Than $100M Due To Premature Sale Of Bitcoin Stash
KEY POINTS The United States government is considered a Bitcoin whale, with an estimate of around 200,000 BTC In March, the government sold 9,861 BTC worth approximately $216 million at…
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BlackRock Bitcoin ETF Returns On DTCC After Vanishing, But There’s A Slight Change
The proposed iShares Bitcoin exchange-traded fund (ETF) with the ticker IBTC of the New York-based investment giant BlackRock has returned on the official website of the Depository Trust and Clearing…
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Bitcoin Uptrend Just Starting, BTC Breaking $31K Is An ‘Air Pocket To $39K’: Blockchain Analyst
KEY POINTS Bitcoin climbed to over $31,000 on Monday and later climbed to $35,200 The uptrend could be due to BlackRock’s latest move, which is related to its spot Bitcoin…
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Georgia Doctor Admits to Paying $16K in Bitcoin on Dark Web to Kill Girlfriend, Telling Them to Make it Look Like ‘Accident’
A Georgia doctor hired a hitman over the dark web and sent thousands of dollars in Bitcoin to have his girlfriend shot to death, federal prosecutors said. In a murder-for-hire…
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BlackRock’s Revised Bitcoin ETF Filing Points To Ongoing Talks With SEC, Says Analyst
BlackRock, the American multinational investment giant, submitted an updated prospectus for a spot Bitcoin exchange-traded fund (ETF) on Wednesday. According to an ETF analyst, this move signifies a positive indication…
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Grayscale Takes Key Step Toward Converting GBTC Into Bitcoin ETF
Grayscale, the world’s leading crypto asset manager by assets under management, took a significant step toward converting its digital currency investment product, the Grayscale Bitcoin Trust (GBTC), into a Bitcoin…
