BitMEX was probably conducting an internal transfer because it is migrating most of its bitcoin holdings from the 3BMEX format to addresses with format bc1qmex, the firm said. There are also Bitcoin addresses that start […]
“Investor demand for BITO remains strong, as shown by the ETF reaching a new high in assets under management,” Simeon Hyman, global investment strategist at ProShares, said in a statement to CoinDesk. “We believe this […]
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Grayscale submits an updated filing for its Bitcoin ETF days after engaging in talks with the SEC. Amendments include a shift in the fee structure from monthly to daily fees. Grayscale’s ETF proposal involves the […]
Cathie Wood’s investment management firm ARK Invest sold a further $5 million worth of Coinbase (COIN) stock on Wednesday while buying $2 million of shares in trading platform Robinhood (HOOD) and $1.5 million of online […]
The Bitcoin price rose to $38.475 yesterday, marking a marginally higher high for the year. Nevertheless, the price did not manage to close the day above the important $38,000 mark. Shortly before the end of […]
The Senate of Brazil has ratified new income tax regulations, imposing a 15% tax on earnings from crypto held on foreign exchanges. This decision, effective from January 1, 2024, signifies a pivotal shift in Brazil’s […]
More salacious headlines and fear, uncertainty, and doubt (FUD) have emerged this week over Bitcoin mining energy and water usage. A new study and mainstream media reports claim that BTC transactions are causing a global […]
In a bold projection, Standard Chartered, the British multinational bank, envisions a substantial surge in the value of Bitcoin, anticipating it to reach $100,000 by the conclusion of 2024. Observing Bitcoin’s impressive resurgence throughout the […]
SoFi Technologies, a renowned financial technology firm, has announced its decision to withdraw from the crypto business. This move comes amid heightened regulatory pressures in the United States, signaling a changing tide in the crypto […]
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