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Bitcoin
Court Dismisses Custodia Bank’s Challenge Against Federal Reserve
In a significant ruling, a federal judge has dismissed Custodia Bank Inc.’s claim for entitlement to a Federal Reserve master account, marking a setback for the Wyoming-based depository institution. Custodia Bank argued that the…
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Will April Extend Bitcoin (BTC) 7-Month Winning Streak?
Bitcoin is poised to achieve its seventh consecutive month of gains, a feat witnessed only once in its history.
The upward streak commenced in September 2023, fueled by anticipation surrounding Bitcoin exchange-traded funds (ETFs)…
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MicroStrategy Shares Trading at an ‘Unjustifiable Premium’ to Bitcoin: Report
Kerrisdale Capital has argued in a recent report that MicroStrategy’s shares have become overvalued. “We are long Bitcoin and short shares of MicroStrategy, a proxy for Bitcoin which trades at an unjustifiable premium to…
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US Senate Candidate Calls for Resignation of SEC Chair Gary Gensler
U.S. Senate candidate John Deaton has called for the resignation of U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. “Under Gensler, the SEC has forgotten, or intentionally abandoned, its primary mission in…
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No, South American Gold Miner Will Not Buy $1.70 Billion in Bitcoin
On March 25, news surfaced on the internet about Nilam Resources, a South American gold mining stalwart, announcing a strategic shift towards Bitcoin. It detailed an ambitious acquisition of MindWave, which holds a staggering 24,800…
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Fifth Richest Bitcoin Address Transfers $6 Billion in BTC Amid Surge Past $70K
Over the weekend, the fifth richest Bitcoin address transferred $6 billion worth of the asset to three new wallets.
The transfer occurred amid increased institutional interest in BTC, driven perhaps by the upcoming…
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Telegram Banned in Spain for Not Cooperating in Unauthorized Content Probe
Telegram, the messaging powerhouse, has been banned in Spain on a case investigating the hosting of unauthorized content owned by media companies in Spain. The Audiencia Nacional (National Court), one of the highest courts in Spain, has…
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Why Grayscale’s Bitcoin ETF Will Run Dry of BTC in 96 Days
Bitcoin exchange-traded funds (ETFs) have significantly impacted the crypto market since their debut in January. Even marker observers have been impressed with the record performance of these financial products.
However, Grayscale’s…
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Argentinians Turn to Bitcoin Amid Increasing Inflation Rates: Report
In the face of relentless inflation and economic instability, Argentinians are increasingly turning to Bitcoin as a refuge, with recent data indicating a surge in purchases of the cryptocurrency.
This trend comes as…
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SEC Chair Gensler Calls for More Regulatory Sunlight in Cryptocurrency Sector at Law Conference
At a recent gathering at the Columbia Law School Conference, Gary Gensler, the chair of the U.S. Securities and Exchange Commission, addressed the assembly on the topic of the digital currency landscape. His discourse highlighted the…
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