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Bitwise Acquires Largest Physical Bitcoin ETF Issuer ETC Group In European Expansion
Asset manager Bitwise has announced the acquisition of crypto investment firm ETC Group. Bitwise CEO Hunter Horsley says the acquisition allows the…
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South Korea’s Pension Fund Invests With Bitcoin Through MicroStrategy
South Korea’s National Pension Service (NPS) revealed that it purchased $33.75 million worth of MicroStrategy shares. According to the 13F quarterly report,…
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Donald Trump Promises National Bitcoin Reserve To Secure US Lead Over China
Donald Trump is betting big on Bitcoin, positioning the US against China in the race for cryptocurrency dominance. At the Bitcoin 2024…
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Binance.US Gets Court Approval To Invest User Assets In Treasury Bills: Report
Binance.US has received court approval to invest certain customer assets in US Treasury bills. This move marks a significant development in the…
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PayPal Partners With MoonPay To Take Crypto Mainstream In The US
MoonPay, a cryptocurrency buying app, recently partnered with PayPal. This collaboration enables MoonPay users to purchase crypto using PayPal’s diverse payment methods,…
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Hong Kong Proposes A Self-Regulate Model For The City’s Crypto Sector
Hong Kong city officials want crypto firms to operate in a self-regulatory manner, overseen by the Securities & Futures Commission (SFC). Officials…
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FTX Dumped $1B Holding In Grayscale, Nearly Half Of Outflows After Fund Conversion
Embattled crypto exchange FTX sold all its 22 million shares in Grayscale Bitcoin Trust since it became an exchange-traded fund (ETF). The…
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US Bitcoin ETFs Make History With $4.6 Billion Debut, Grayscale Leads The Charge
The US-listed Bitcoin exchange-traded funds (ETFs) recorded an impressive $4.6 billion in trading volume on their debut day, signaling a significant moment…
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Japan’s E-commerce Giant Mercari To Offer Bitcoin Payments Option
Japan’s e-commerce giant Mercari to offer Bitcoin payments option Mercari, one of the largest e-commerce marketplaces in Japan, will start allowing Bitcoin…
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BlackRock And Valkyrie Name Key Partners For Bitcoin ETFs
BlackRock and Valkyrie have disclosed authorized participants for their anticipated Bitcoin exchange-traded funds (ETFs). BlackRock has aligned with JP Morgan and Jane…