Bitcoin (BTC), the largest cryptocurrency in the market, has experienced an extraordinary surge in bullish momentum, breaking previous cycle patterns and achieving an astonishing 60% price increase in the past month. Today, Bitcoin has breached its previous record, reaching a new all-time high (ATH) and currently trading at $69,200. BTC reaching new all-time high of […]
MicroStrategy Shifts Focus To Bitcoin Development, Amasses $9.5 Billion In BTC Holdings | Bitcoinist.com
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MicroStrategy, the renowned business intelligence firm founded by Bitcoin (BTC) advocate Michael Saylor, has witnessed a significant increase in its holdings as Bitcoin continues to soar to new heights, bolstered by the introduction of Bitcoin spot exchange-traded funds (ETFs). In a recent interview with CNBC, Saylor delved into the implications of ETFs and shed light […]
A prominent British narcotics trafficker involved in the United States Drug Enforcement Agency’s (DEA) largest-ever Bitcoin (BTC) seizure has admitted to operating an extensive network of illicit online marketplaces, as revealed by the US Department of Justice (DOJ). Massive Dark Web Drug Operation Exposed The defendant, Banmeet Singh, a 40-year-old Indian national from Haldwani, India, […]
CFTC Chair Raises Concerns Over Bitcoin ETFs ‘Thin Regulation’, Warns Of Market Integrity Risks | Bitcoinist.com
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In a long-awaited move, Bitcoin ETFs have finally entered the market after receiving approval from the US Securities and Exchange Commission (SEC) on January 11. However, the Commodity Futures Trading Commission (CFTC) chair, Rostin Behnam, has expressed concerns about the regulatory landscape surrounding these new index funds. CFTC Chair Questions Suitability Of Bitcoin ETFs In […]
As the final deadline for the SEC’s decision on spot Bitcoin ETF applications arrives, the crypto community finds itself in a state of both excitement and chaos. This follows the dissemination of a “fake news” report on Tuesday falsely claiming the approval of these applications. However, experts now suggest that the long-awaited approval is indeed […]
Startup Founded By Ex-Citigroup Execs To Launch Bitcoin-Backed Securities | Bitcoinist.com
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A recent Bloomberg report revealed that a group of former Citigroup executives had introduced an investment offering called Bitcoin (BTC) depositary receipts (BTC DRs). These securities, backed by the largest cryptocurrency in the market, are being positioned as an alternative to spot-Bitcoin exchange-traded funds (ETFs) that require approval from US regulators. The startup behind this […]
Bitcoin ETF Outlook: Matrixport, 10x Research Predict Rejection; Bloomberg Remains Hopeful | Bitcoinist.com
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As the deadline approaches for the approval or rejection of the highly-anticipated Bitcoin ETF applications by major asset managers, a clash of predictions has emerged. With just two days remaining until the expected news from the US Securities and Exchange Commission (SEC), crypto investment services provider Matrixport and 10x Research expect the regulator to reject […]
Bitcoin ETF Approval Imminent: SEC Poised To Give Go-Ahead, Bloomberg Analyst Says | Bitcoinist.com
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As the eagerly anticipated deadline for Bitcoin ETF applications approaches, there are growing expectations that the US Securities and Exchange Commission (SEC) is prepared to approve spot Bitcoin ETFs. However, Bloomberg’s ETF expert, Erich Balchunas, has shed light on a potential catch, revealing that the SEC will likely require clear language regarding cash-only creations and […]
As the cryptocurrency community eagerly awaits the decision by the US Securities and Exchange Commission (SEC) on the approval or denial of Bitcoin ETF applications, industry experts and analysts are speculating on the potential impact such a milestone could have on the world’s leading cryptocurrency. Bitcoin ETF Decision Imminent? Renowned Bitcoin maximalist Fred Krueger has […]
Through 2023, Bitcoin and the crypto industry have faced increasing scrutiny from US Senator Elizabeth Warren, who has expressed concerns about the potential misuse of cryptocurrencies for illicit activities. Now, the senator has highlighted the involvement of former military personnel, civilian government officials, and lawmakers in crypto organizations as a particular area of concern. However, […]
The European Commission (EC) is facing criticism from the crypto community over its proposed methodology to calculate and mitigate the “environmental” impact of Bitcoin. Daniel Batten, co-founder of CH4 Capital, has expressed concerns that the EC’s approach could lead to an EU mining ban and have far-reaching consequences for the global Bitcoin community. Batten argues that […]
According to recent reports, a crypto YouTuber and his former girlfriend face serious allegations in a recent lawsuit filed by a Minnesota power company. The lawsuit alleges that the couple attempted to bribe employees to upgrade a Bitcoin (BTC) mine that was allegedly stealing a significant amount of electricity. Accused Of Power Theft To Fuel […]