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Bitcoin
One of Mexico’s Richest Billionaires Advices to Buy Bitcoin
Mexican billionaire Ricardo Salinas, a fervent advocate for cryptocurrency, recently delineated the merits of Bitcoin as an investment. His insights are timely, given the heightened interest in the digital currency’s potential.
Amidst…
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Grayscale’s GBTC Outflows Hit $7B Amidst Recovery, But ‘Bleeding’ to Continue
Grayscale GBTC’s outflows have been experiencing outflows. Data shows that as of February 16th, the total funds withdrawn from GBTC since its conversion to a spot Bitcoin ETF have amounted to $7 billion.
While the figure…
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Bitcoin’s Pre-Halving Jitters — Historical Trends Spotlight Potential Price Dip Ahead of 2024 Event
As the Bitcoin network nears its fourth halving event, numerous market watchers and cryptocurrency enthusiasts are curious about whether the price will experience a temporary decline before the halving occurs. Historically,…
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Why the SEC Fined Bitcoin ETF Issuer $1.75 Million
The US Securities and Exchange Commission (SEC) has imposed a $1.75 million fine on VanEck, a Bitcoin exchange-traded fund (ETF) issuer, citing disclosure failures.
According to the SEC, VanEck neglected to inform the board overseeing…
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Big Banks Show FOMO and Seek a Slice of the Bitcoin ETF Action
The interest in spot Bitcoin ETFs among financial institutions such as banks and brokerages is surging as they push for the Securities and Exchange Commission (SEC) to change the definition of crypto assets.
Under the…
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First Lunar New Year Verse Scratcher Jackpots Hits for 8,888,888 VERSE
Fortune smiled upon a lucky winner this Lunar New Year as the Bitcoin.com Verse Team announced a major jackpot hit on their decentralized app, the Lunar New Year Scratcher. With every ticket offering an equal shot at the jackpot,…
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$1.65 Billion in Bitcoin Will Be Sold by This Crypto Company
Genesis Global has received the green light from a bankruptcy court to sell approximately 36 million Grayscale Bitcoin Trust (GBTC) shares valued at over $1.65 billion.
This move is part of the bankrupt crypto lender’s comprehensive…
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MicroStrategy’s Michael Saylor Says Bitcoin Products Demand Exceeds Supply by 10x
Michael Saylor, MicroStrategy’s co-founder and executive chairman, said in a recent interview that the demand for Bitcoin coming from the recently listed spot Bitcoin exchange-traded funds (ETFs) is tenfold the supply…
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Bitcoin Halving 2024 — Grayscale Study Reveals Unprecedented Market Evolution
According to the latest data, the countdown to the Bitcoin network’s halving event shows fewer than 10,000 blocks from becoming a reality. Further analysis suggests that the halving is anticipated to take place between April 19…
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These 3 Protocols Are Transforming the Utility of Bitcoin
Binance’s Navigating the Inscription Landscape report discusses three protocols that can further expand Bitcoin’s (BTC) footprints into non-fungible token (NFT), decentralized finance (DeFi), and tooling sectors.
In 2023, the Bitcoin…
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