Texas-based Bitcoin miner Riot Platforms has made a strategic investment of $290.5 million in hardware to ramp up its mining power ahead of the highly anticipated Bitcoin halving event. The company has acquired 66,560 units of BTC miners, representing 18 EH/s, from MicroBT, with options to acquire an additional 265,000 miners. This move aligns with […]
El Salvador’s Bitcoin wallet has defied expectations by not only recovering from previous losses but also experiencing significant gains. President Nayib Bukele has called out critics, urging them to retract their disparaging remarks and acknowledge the success of the nation’s crypto strategy. Bitcoin’s journey has been volatile, with its value initially rising before a decline […]
El Salvador’s Bitcoin wallet has defied expectations by not only recovering from previous losses but also experiencing significant gains. President Nayib Bukele has called out critics, urging them to retract their disparaging remarks and acknowledge the success of the nation’s crypto strategy. Bitcoin’s journey has been volatile, with its value initially rising before a decline […]
Blockstream CEO Adam Back has made a bold prediction about the future of Bitcoin (BTC). He believes that the cryptocurrency will hit $100,000 before its next halving event. This has sparked both excitement and skepticism within the crypto community. Back also suggests that under a bullish scenario, Bitcoin could potentially reach between $750,000 to $1 […]
Blockstream CEO Adam Back has made a bold prediction about the future of Bitcoin (BTC). He believes that the cryptocurrency will hit $100,000 before its next halving event. This has sparked both excitement and skepticism within the crypto community. Back also suggests that under a bullish scenario, Bitcoin could potentially reach between $750,000 to $1 […]
The U.S. Securities and Exchange Commission (SEC) has been holding meetings with various asset managers regarding their proposals for spot Bitcoin exchange-traded funds (ETFs). In late November, the SEC met with Grayscale and seven other applicants for spot Bitcoin ETFs. Grayscale, a prominent digital asset management firm, has had multiple meetings with the SEC, including […]
The U.S. Securities and Exchange Commission (SEC) has been holding meetings with various asset managers regarding their proposals for spot Bitcoin exchange-traded funds (ETFs). In late November, the SEC met with Grayscale and seven other applicants for spot Bitcoin ETFs. Grayscale, a prominent digital asset management firm, has had multiple meetings with the SEC, including […]
Wallets associated with defunct crypto trading firms FTX and Alameda Research have recently moved $10.8 million across major cryptocurrency exchanges. These funds, originating from addresses linked to collapsed FTX and Alameda entities, were distributed in eight different cryptocurrencies. This transaction is part of a broader effort initiated in March 2023 to recover assets for investors. […]
Wallets associated with defunct crypto trading firms FTX and Alameda Research have recently moved $10.8 million across major cryptocurrency exchanges. These funds, originating from addresses linked to collapsed FTX and Alameda entities, were distributed in eight different cryptocurrencies. This transaction is part of a broader effort initiated in March 2023 to recover assets for investors. […]
The United States Securities and Exchange Commission (SEC) is seeking public feedback on Fidelity Investments’ proposal for an Ethereum exchange-traded fund (ETF). This move by the SEC highlights the increasing interest and potential acceptance of cryptocurrencies as mainstream financial assets. Fidelity Investments, a major asset management firm, applied to the SEC for an Ethereum ETF, […]
