Nasdaq has presented a proposition to the US Securities and Exchange Commission (SEC) to permit in-kind creation and redemption for BlackRock’s iShares Bitcoin ETF (IBIT). This appeal, submitted on January 24, aims to revise the […]
Brian Armstrong, the CEO of Coinbase, has referred to Bitcoin as a superior form of currency compared to gold, pointing out its scarcity, transportability, divisibility, usability, and performance. Armstrong’s remarks came after South African Reserve […]
Pierre Rochard, Vice President of Research at Riot Platforms, has claimed that Ripple represents the most significant hurdle to the establishment of a Strategic Bitcoin Reserve (SBR). As per Rochard, Ripple’s opposition is rooted in […]
Sen. Cynthia Lummis (R-WY) chairs the US Senate panel on crypto assets. She has promised some big changes in government policy for the sector. A Bitcoin sovereign wealth fund Republicans are calling a “strategic national […]
The Bank of Japan (BOJ) revealed a groundbreaking 25 basis point (bp) increase, elevating its benchmark lending rate to 0.5%, the most elevated level since 2008. While this action was largely expected, it has left […]
This week has been momentous in the cryptocurrency arena! Although the prices may not indicate this on a week-long scale, numerous developments have transpired on a macro scale that could facilitate the much-anticipated long-term advancement. […]
The surge in Bitcoin price toward the $100,000 threshold is the focal point of the cryptocurrency sector. Remarkably, the Bitcoin price has achieved new record highs for four successive days as it approaches this $100,000 […]
MicroStrategy, the software company turned Bitcoin juggernaut, is grappling with an unexpected tax conundrum. Its $47 billion Bitcoin (BTC) holdings — comprising $18 billion in unrealized gains — place it squarely in the crosshairs of […]
Speaking with CNBC’s Andrew Ross Sorkin at the World Economic Forum in Davos, Switzerland, Pick said his bank is working with US regulators to see how it can enter the market. That’s another big splash […]
Guess who’s returned and purchasing more Bitcoin? It’s Blackrock adopting a more assertive strategy towards the leading digital currency. According to recent tracking by Arkham Intelligence, BlackRock is said to have purchased $600 million in […]
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