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The SEC has approved Bitwise’s Bitcoin and Ethereum ETF, fast-tracking the process due to its similarity to prior spot crypto ETFs. The approval follows recent leadership change at the SEC. January saw a flood of crypto ETF filings, including memecoin and Solana-focused products. The US Securities and Exchange Commission () has approved a 19b-4 filing…
Company’s strategic stock-to-Bitcoin conversion demonstrates successful leverage of capital markets, with $17.7 billion in unrealized profits from BTC investments. Proposed stock expansion to 10.3 billion shares and positive BTC yield of 1.69% indicate strong momentum in MicroStrategy’s crypto-focused strategy. Institutional impact spreads as companies like KULR and Metaplanet follow suit, while Bitcoin supply on exchanges…
The company maintains $13.6B portfolio focused on traditional sectors, rejecting crypto despite rumors of Saudi royal family involvement. Kingdom Holding’s position contrasts with major firms like Tesla and Microsoft accepting crypto payments, highlighting an institutional divide. UAE and El Salvador’s tax incentives fail to sway Kingdom Holding’s stance amid regulatory uncertainty and volatility concerns. Kingdom…
Trump-associated platforms like GetTrumpWatches.com are allowing customers to pay with the TRUMP tokens and Bitcoin. In order to check out using the TRUMP meme coin, the customers have to choose the “Solana Pay” option. The meme coin is priced at $28.03 with a trading volume of $2.64 billion and a valuation of $5.6 billion. ,…
Contrasting approaches emerge as US states push for Bitcoin reserves while ECB increases gold holdings to 35% of total foreign reserves. Bitcoin’s consolidation between $106k-$91.7k coincides with gold’s new ATH of $2,798, fueling store-of-value debate among institutions. The ECB maintains a conservative stance on crypto, despite El Salvador’s successful Bitcoin adoption model and growing international…
Hedera hopes that this partnership will make it easier to securely store, stake, and tokenize HBAR. Clear regulations in Europe, Asia, and other regions are supporting Hedera in its growth worldwide. The Hashgraph Association has taken a huge step forward towards achieving its broader aims and objectives, particularly for Hedera’s HBAR cryptocurrency . This follows…
Whales seized the recent dip by acquiring 120 million XRP tokens. XRP rebounded to $3.12, gaining 14% in the past 24 hours. Bullish technical indicators and regulatory milestones hint at further price momentum. After dipping to $2.75 during a broader crypto market slump, XRP broke its 11-day streak above $3 on Monday, triggering renewed buying…
Spanish law enforcement agencies have frozen $26.4 million in illicit crypto funds. The authorities partnered with Tron, Tether and TRM Labs to achieve this feat. There is a growing effort to combat crypto crime in the industry. Spanish law enforcement agencies have taken significant action against international financial crypto crime in partnership with blockchain giants…
Crypto.com will delist USDT and nine other tokens for EU users by January 31, 2025. Withdrawals for affected tokens will remain available until March 31, 2025. Singapore-based crypto exchange platform Crypto.com is working on Tether’s USDT and nine other tokens for users across the European Union. The decision follows the stringent compliance requirements of the…
Utah is now the second US state to advance a Strategic Bitcoin Reserve bill. The bill is awaiting approval from the state legislature and governor. The United States is becoming more familiar with the Strategic Bitcoin Reserve idea after Utah became the second state to float such a bill. This follows Arizona moving forward with…