Search Results for: Bitcoin

September 16, 2024 @ 6:22 am By Omar Faridi  |  

Tech-savvy owners of Bitcoin and other digital assets will benefit from greater legal protection thanks to an important clarification to the law. This, according to an update released this past week by the UK government. The Property (Digital Assets etc) Bill, introduced in Parliament, will… Read More

September 13, 2024 @ 10:05 am By JD Alois  |  

MicroStrategy (NASDAQ:MSTR) has acquired an additional 18,300 Bitcoin. The company now reports holding 244,800 BTC. MicroStrategy is reportedly the largest corporate holder of Bitcoin in the world. MicroStrategy CDEO Michael Saylor is on record predicting that in coming years, Bitcoin will soar to millions of… Read More

September 9, 2024 @ 9:55 pm By Omar Faridi  |  

Konrad Fitzpatrick, a mining analyst at Compass Mining, notes that hash price is a critical metric that bitcoin miners use to measure their current and potential revenue. Compass Mining explains in a blog post that hash price is the “amount of bitcoin a miner can… Read More

September 6, 2024 @ 10:14 am By Omar Faridi  |  

MARA Holdings, Inc. (NASDAQ: MARA), which claims to be one of the world’s largest publicly traded bitcoin (BTC) miners and a leader in supporting and securing the Bitcoin ecosystem, recently released unaudited BTC production and miner installation updates for August 2024. Fred Thiel, MARA’s chairman… Read More

September 5, 2024 @ 7:03 am By Omar Faridi  |  

Anchorage Digital, home to the only federally chartered digital asset bank in the US, has announced its custody support for Stacks, a Bitcoin Layer 2 solution. Stacks is the first Bitcoin L2 supported by Anchorage Digital, “marking a significant step for institutional involvement in the… Read More

September 4, 2024 @ 8:15 pm By Omar Faridi  |  

NCR Atleos Corporation (NYSE: NATL) announced the launch of a new LibertyX Bitcoin Cashout feature whereby enrolled LibertyX customers can sell Bitcoin, picking up their cash conveniently at ATMs across the United States at thousands of merchant locations with a transaction point within five miles… Read More

August 31, 2024 @ 12:19 pm By Omar Faridi  |  

  Bitcoin will be increasingly used as a reserve asset on the balance sheets of publicly listed companies underlining its growing acceptance as an asset class, according to new global research by London-based Nickel Digital Asset Management, Europe’s regulated and award-winning digital assets hedge fund… Read More

August 30, 2024 @ 8:46 am By Omar Faridi  |  

CME Group said it will further expand its cryptocurrency derivatives offerings by introducing Bitcoin Friday futures (BFF) on September 30, pending regulatory review. Sized at one-fiftieth of one bitcoin, these new weekly futures contracts “will be cash-settled to the CME CF Bitcoin Reference Rate New… Read More

August 28, 2024 @ 9:55 am By Omar Faridi  |  

Osprey Funds, LLC, the sponsor of the Osprey Bitcoin Trust, the Bitwise Bitcoin ETF and Bitwise Asset Management jointly announced the entry into an Asset Purchase Agreement pursuant to which BITB will acquire the assets of the Trust. As part of this transaction, OBTC unitholders… Read More

August 26, 2024 @ 8:30 am By Omar Faridi  |  

After a first semester of major events in the crypto world (Bitcoin halving , approval of ETH and BTC exchange-traded funds or ETFs, etc.), Bitso —the crypto-driven financial services company in Latin America— released the second edition of its report Crypto Panorama in Latin America:… Read More

August 24, 2024 @ 8:44 am By Omar Faridi  |  

Sygnum, a global digital asset banking group with ~$4.5 billion in client assets, has issued the industry-first syndicated loan backed by Bitcoin (BTC) to premier crypto lender Ledn, which will be used to fund the growth of Ledn’s retail lending operations. Syndicated among Sygnum’s institutional… Read More

August 21, 2024 @ 9:54 am By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance, has invested in Corn, a platform that claims to be the first super yield network built around Bitcoin. Corn is an Ethereum Layer 2 network focused on establishing a decentralized finance (DeFi) hub for Bitcoin…. Read More

August 19, 2024 @ 12:06 pm By Omar Faridi  |  

Italian Banca Sella now provides Bitcoin (BTC) trading. Established back in 1886, Banca Sella is one of the most well-known banking institutions in Italy. Its mobile banking platform, known as Hype, now also includes a Bitcoin trading service as it operates with more than 1.2… Read More

August 19, 2024 @ 11:10 am By JD Alois  |  

CoinShares Head of Research James Butterfill has shared some insight into institutional holdings of crypto ETFs – Bitcoin based funds. Butterfill has reviewed all of the all the Bitcoin ETF filing data and looked at prior filings in March to see how positions have changed…. Read More

August 16, 2024 @ 1:31 pm By JD Alois  |  

The Securities and Exchange Commission has posted a Notice of Withdrawal of Proposed Rule Change to Amend ISE Options. Specifically, the NASDAQ has pulled its request to allow the exchange to list and trade options on units that represent interests in a trust that holds… Read More

August 16, 2024 @ 7:53 am By Omar Faridi  |  

Compass Mining has shared the latest updates in a Bitcoin Mining Industry Report for the month of July 2024, focused on key operational developments. As noted in a blog post by Compass Mining, the Bitcoin price closed the month of July “at $64,619 increasing by… Read More

August 15, 2024 @ 8:22 am By Omar Faridi  |  

CertiK notes that during the past few months, their team has conducted extensive research on the Bitcoin ecosystem and its developments. CertiK also audited several Bitcoin projects and smart contracts based “on different languages, including OKX’s BRC-20 wallet and MVC DAO’s sCrypt smart contract implementation.”… Read More

August 15, 2024 @ 6:15 am By Omar Faridi  |  

Bitcoin Suisse, a firm focused on enabling Swiss crypto investments and a trusted gateway for digital assets, has announced the integration of Solana (SOL) into its custodial staking services. This addition enhances Bitcoin Suisse‘s existing Solana offerings, which “include trading and custody, creating a comprehensive… Read More

August 14, 2024 @ 10:01 am By Omar Faridi  |  

Copper.co, a provider of digital asset custody, collateral management and prime services, today announced it has entered into a partnership with the Core Foundation, contributors to Core, a Bitcoin-powered blockchain unlocking EMV-Compatible BTCfi beginning with the first ever implementation of Non-Custodial BTC Staking, Copper will… Read More

August 12, 2024 @ 9:51 am By Omar Faridi  |  

Marathon Digital Holdings (NASDAQ: MARA) has announced that it intends to offer, subject to market conditions and other factors, $250 million aggregate principal amount of convertible senior notes due 2031 in a private offering “to persons reasonably believed to be qualified institutional buyers in reliance on… Read More