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After losing a legal battle with Grayscale in January, the U.S. Securities and Exchange Commission (SEC) adjusted its position on bitcoin spot exchange-traded funds (ETFs). During a Senate Banking Committee nomination hearing,…
Nasdaq-listed software firm MicroStrategy (MSTR), the largest corporate holder of bitcoin (BTC), revealed a 10-for-1 stock split on Thursday. As the company holds more than $13 billion worth of BTC in its…
REX Shares and Tuttle Capital Management have launched the T-REX 2X Long Bitcoin Daily Target ETF (CBOE: BTCL) and the T-REX 2X Inverse Bitcoin Daily Target ETF (CBOE: BTCZ). These new offerings,…
Rostin Behnam, the Chair of the United States Commodity Futures Trading Commission (CFTC), has reiterated that Bitcoin (BTC) and Ether (ETH), the two largest cryptocurrencies by market cap, are commodities. Behnam emphasized…
The German government has continued its Bitcoin sell-off, moving approximately 3,100 BTC worth around $178 million within an hour on July 9. This activity suggests more sell-offs are imminent. Recent Bitcoin Movements…
Bitcoin has found stability above $57,000 after sliding to $55,000 on Monday. The recovery came as a German government entity received over $200 million worth of Bitcoin back from various exchanges late…
The German government’s cryptocurrency wallet labeled “BKA” has offloaded another $900 million worth of Bitcoin, sparking concerns about further declines in BTC prices. Repeated transfers to centralized exchanges suggest the government intends…
Metaplanet, a publicly-listed investment and consulting firm in Japan, has significantly increased its Bitcoin holdings by purchasing an additional $2.5 million worth of the cryptocurrency. This move comes despite the recent drop…
Jack Dorsey, cofounder of Twitter (now X) and CEO of Block (formerly Square), predicts a future where Bitcoin could replace the U.S. dollar as the dominant global currency. Dorsey envisions Bitcoin’s value…
Returning from the July 4 break, U.S. traders faced a dramatic drop in Bitcoin’s price, which fell over 10% from pre-holiday levels. Despite this decline, ETF data indicates a bullish response from…
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