Tagged: bitcoin

December 5, 2024 @ 8:35 am By JD Alois  |  

  Bitcoin has finally topped the psychological barrier of $100,000 per BTC. The fuel was the selection of Paul Atkins to become the Chairman of the Securities and Exchange Commission (SEC). Bitcoin is currently trading at over $103,000. In the past, Atkins has supported digital… Read More

December 5, 2024 @ 8:04 am By Omar Faridi  |  

The cryptocurrency market is rising after several seemingly important development such as the appointment of a new SEC Chair Paul Atkins (a former SEC Commissioner). Bitcoin has finally surpassed the $100,000 mark and continues to reach new highs along with other key BTC ecosystem developments…. Read More

December 4, 2024 @ 11:05 pm By Omar Faridi  |  

Japanese publicly listed firm Metaplanet reportedly aims to secure $62 million for acquiring more Bitcoin with its current holdings sitting at a substantial 1,142 BTC. If Metaplanet succeeds in its plans by securing the funds required, it will then proceed to purchase around 652 more… Read More

December 4, 2024 @ 4:27 pm By Omar Faridi  |  

MARA (NASDAQ: MARA), a global firm focused on bitcoin mining and leveraging digital asset compute to support the energy transformation, announced entering into a definitive agreement to acquire a wind farm that’s reportedly based in Hansford County, Texas, with 240 MW of interconnection capacity and… Read More

December 2, 2024 @ 10:18 pm By Omar Faridi  |  

Monochrome Asset Management is pleased to announce that it has expanded its custody solution by onboarding BitGo Trust Company, Inc to its list of crypto-asset custodians for the Monochrome Bitcoin ETF (IBTC) and Monochrome Ethereum ETF (IETH). This partnership reportedly aligns with Monochrome’s growth initiatives… Read More

December 1, 2024 @ 9:16 pm By Omar Faridi  |  

Earlier this week, Russia reportedly approved a cryptocurrency-focused tax law which recognizes Bitcoin (BTC) and crypto-assets as property (somewhat similar to what Chinese courts has determined several years back). The legislation, which was reportedly approved on November 27, 2024, formally acknowledges Bitcoin / other virtual… Read More

November 30, 2024 @ 3:41 pm By Omar Faridi  |  

CI has received comments and extensive Bitcoin-focused analysis. This has been provided to shed light on the current state of the BTC markets. These trading insights are from Dr. Sean Dawson, Head of Research at onchain options DeFi protocol, Derive ($79.8M TVL, $7.2B total trade… Read More

November 30, 2024 @ 9:03 am By Omar Faridi  |  

Bitcoin’s (BTC) record-breaking rally might just be getting started, according to experienced digital assets investors. Dan Morehead has shared recently an interview, while referring to when Pantera Capital Management bought Bitcoin, that people thought they were really crazy back in 2013. I wanted to share… Read More

November 26, 2024 @ 11:22 pm By Omar Faridi  |  

Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, announced that its Board of Directors has approved a corporate treasury diversification strategy of allocating “a portion of the company’s excess cash reserves to Bitcoin.” This move emphasizes Rumble’s belief in Bitcoin (BTC) as a valuable… Read More

November 26, 2024 @ 4:38 pm By Omar Faridi  |  

Nick Forster, Founder of onchain options DeFi protocol, Derive ($77.3M TVL, $7.1B total trade volume), noted that in the past 7 days, they’re seeing notable stability in Bitcoin’s volatility, with the 7-day ATM IV “maintaining at 63% and the 30-day ATM IV at 55%.” This… Read More

November 25, 2024 @ 10:19 pm By Omar Faridi  |  

US Bitcoin ETFs are reportedly on track to surpass gold ETFs in terms of overall size by this coming holiday season (around end of December 2024), with current assets valued at approximately $107 billion. Notably, BlackRock’s iShares Bitcoin Trust is the dominant player this past… Read More

November 25, 2024 @ 4:07 pm By Omar Faridi  |  

Cboe Global Markets, Inc. (Cboe: CBOE), the derivatives and securities exchange network, announced plans to launch the first cash-settled index options related to the price of spot Bitcoin beginning Monday, December 2. Listed and traded on Cboe Options Exchange, these options will reportedly be SEC-regulated… Read More

November 25, 2024 @ 9:37 am By Omar Faridi  |  

MARA Holdings, Inc. (NASDAQ: MARA), a global firm focused on leveraging digital asset compute to support the energy transformation, announced the closing on November 20, 2024 of its offering of 0.00% convertible senior notes due 2030. Mara Holdings confirmed in the update that it has… Read More

November 23, 2024 @ 5:44 pm By Tony Zerucha  |  

Bitcoin has hit yet another all-time high, surging past $99,600 on Nov. 26. Be patient, don’t sell, and you could be rewarded in a few short weeks, deVere Group CEO Nigel Green predicted. While he once predicted Bitcoin could hit six figures, look for it… Read More

November 22, 2024 @ 6:25 am By Omar Faridi  |  

Anchorage Digital, the crypto platform for institutions,  announced support for Bitcoin (BTC) staking on the Babylon bitcoin staking protocol, which is expanding its staking capacity with the beginning of Cap-3 in its mainnet Phase-1. Cap-3 reportedly removes limitations and enables institutional participation. BTC staking marks… Read More

November 20, 2024 @ 9:31 pm By Omar Faridi  |  

Blockstream, the global enabler of Bitcoin infrastructure technology, has announced a newly-established Asset Management Division at Blockstream aimed at bridging the gap between Bitcoin and mainstream finance. Hedge fund professional Sean Bill has been appointed as Chief Investment Officer to lead this initiative. An investor… Read More

November 20, 2024 @ 3:25 pm By JD Alois  |  

The Bitcoin bulls are clearly in charge. Bitcoin (BTC), the world’s most popular crypto, has rocketed by more than 30% since the election of former President Donald Trump, a digital asset advocate. As Republicans control both the House and Senate—along with the Executive branch —anticipation… Read More

November 19, 2024 @ 10:28 pm By JD Alois  |  

WBTC, a wrapped version of Bitcoin that enables access to the Ethereum network, is being de-listed on Coinbase. The suspension of the digital asset will take place on December 19th. At the same time, Coinbase listed cbBTC, a digital asset that utilizes Arbitrum. The WBTC… Read More

November 17, 2024 @ 8:31 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship crypto, continued to rally after the US elections, setting another all-time high this week, the team at NYDIG noted in a recent update. As the Trump administration is starting to come into view with the naming of candidates for the various… Read More

November 17, 2024 @ 6:07 pm By Omar Faridi  |  

Christian Catalini, co-founder and chief Strategy Officer at Lightspark and founder of MIT Cryptoeconomics Lab (he was also previously the Co-Creator of the failed Diem / Libra projects), has shared his perspective on the United States debt, the proposal for a Bitcoin strategic reserve, and the calls to replace the current chair… Read More