A Bitcoin ETF is on the cusp of receiving approval in the United States — and it may not be long before we see one in Hong Kong or elsewhere in Asia.

An ETF will bring a revolution for Bitcoin and other cryptocurrencies

But not everyone’s on board with the crypto ETF train. Critics argue that Bitcoin-linked ETFs could be even worse than centralized exchanges for the crypto market. Their main beef? There&r...

1 year ago

ARK Investment Management founder and CEO Cathie Wood predicted on Aug. 7 the SEC would delay its decision on the firm's spot BTC ETF application.

SEC punts on ARK 21Shares spot Bitcoin ETF, opens proposal to comments

The United States Securities and Exchange Commission (SEC) has delayed a decision on approving or disapproving the spot Bitcoin exchange-traded fund proposed by ARK Investment Management.

1 year ago

Markets are already expecting the Fed to refrain from more rate hikes this year and have begun pricing in rate cuts in 2024.

CPI Preview: Bitcoin Unlikely to Get Bullish Catalyst

Bitcoin (BTC) bulls are hoping for continued good news on the U.S. inflation front from Thursday morning's July Consumer Price Index report from the Bureau of Labor Statistics. Eco...

1 year ago

From September 2, Revolut will suspend its cryptocurrency services in the U.S., with complete access disabled from October 3.

Revolut to Shutter US Crypto Operations Due to 'Regulatory Environment'

Revolut, the UK-based fintech firm, has announced the suspension of its cryptocurrency services in the United States. This decision, influenced by the evolving regulatory landscape and...

1 year ago

A husband and wife cyber-crime team have pleaded guilty to trying to launder $4.5bn (£3.5bn) of Bitcoin that he had stolen in a hack in 2016.

Razzlekhan and husband guilty of $4.5bn Bitcoin launder

Heather Morgan and Ilya Lichtenstein were arrested last year in New York after police traced their riches back to the crypto heist. While evading police, Morgan masqueraded as a rapper...

1 year ago

Breaking: US Department of Justice Considering Fraud Charges Against Binance Crypto Exchange

The US Department of Justice (DoJ) is mulling whether to press fraud charges against Binance, as per a Semafor report. However, as per the report, the DoJ is worried that if it in...

1 year ago

Worldcoin gives people digital coins in exchange for a scan of their eyeballs

Worldcoin suspended in Kenya as thousands queue for free money

The Kenyan government has ordered cryptocurrency project Worldcoin to stop signing up new users, citing data privacy concerns. Worldcoin, founded by US tech entreprene...

1 year ago

Michael Saylor’s MicroStrategy held 152,800 Bitcoin as of July 31, and is back in the black.

MicroStrategy returns to profit and now owns $4.4B worth of Bitcoin

Business intelligence firm MicroStrategy — one of the largest corporate holders of Bitcoin in the United States — managed to return to profitability in the second quarter amid a...

1 year ago

The Open Ordinals Institute aims to bolster the protocol’s future development as Ordinals inscriptions hit a milestone of 21 million.

Bitcoin Ordinals team launches nonprofit to grow protocol development

A non-profit organization dedicated to growing the development of nonfungible tokens (NFTs) on Bitcoin  has been launched by the team behind the Bitcoin Ordinals protocol. Th...

1 year ago

MicroStrategy plans to sell up to $750 million of stock, possibly to acquire BTC. The price of bitcoin rose following the announcement.

Bitcoin Whale Michael Saylor Might Buy a Lot More BTC

MicroStrategy, the software developer that’s amassed a giant bitcoin (BTC) stash in recent years, may raise up to $750 million by selling more stock and plans to use the proceeds to buy mo...

1 year ago