Wollito UAB

The company said Tuesday that it intends to grow its mining capacity by 50% in the next four years.

Bitcoin miner Core Scientific to resume trading on Nasdaq after reorganization

Texas-based bitcoin mining firm Core Scientific has announced its return to Nasdaq, resuming trading on Wednesday, as a result of reorganization efforts following its 2022 bankruptcy filing...

8 months ago

Cathie Wood’s investment fund continues to double down on its recently listed spot bitcoin ETF.

ARK Continues to Shuffle Out of BITO, Buys $15M of its Own ETF

ARK Invest continues to shift out of ProShares Bitcoin Strategy ETF (BITO) and into its own recently listed spot bitcoin ETF. According to a trading disclosure sent out on Jan. 18, the...

8 months ago

U.S. investors often turned to European and Canadian-based ETPs for investment, but now the tables have turned as U.S.-based spot BTC ETFs are more easily accessible and more liquid, attracting European investors as well.

Invesco and WisdomTree cut fees on European ETPs as price war reaches Europe

The spot Bitcoin exchange-traded fund (ETF) fee war has now reached Europe just weeks after the United States Securities and Exchange Commission (SEC) approved the BTC ETFs&...

8 months ago

BTC's price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating holdings is a relatively unique event.

FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources

Investors have sold more than $2 billion worth of the Grayscale Bitcoin Trust (GBTC) since it was converted into an exchange-traded fund earlier this month. A large chunk of that exodu...

8 months ago

A single bitcoin is divisible, just like dollars, and the smallest unit is called a satoshi.

What Is a Satoshi? Understanding the Smallest Unit of Bitcoin

There are 100 million satoshis (sats) in one bitcoin, meaning each satoshi is worth 0.00000001 BTC. In order for one satoshi to be worth one cent, 1 BTC would need to be worth $1 million. ...

8 months ago

The Three Arrows Capital co-founder says he had the best sleep of his life and felt a “magical feeling” of kinship with his ancestors.

‘Enjoyable experience’ — Su Zhu loved his 3 months in Singapore prison

Su Zhu, the co-founder of the collapsed hedge fund Three Arrows Capital (3AC), says he had the “best sleep” of his life while serving a nearly three-month-long sentence in a Singapor...

8 months ago

Asset management firms have cut fees on their Bitcoin exchange-traded funds (ETFs) in Europe by over 60% to compete with products now available to U.S. investors.

Asset managers cut fees for European Bitcoin ETFs as competition grows

In an interview with the Financial Times, Gary Buxton, Invesco head of ETFs for Europe, the Middle East and Africa, and Asia Pacific, said many ETF providers have lowered the...

8 months ago

Meta’s Five Application Filings

Democrat Rep. Maxine Waters Raises Concerns Over Meta’s Continued Crypto Ventures

Rep. Maxine Waters has expressed significant concerns over Meta’s continued involvement in the digital asset sector. In a detailed letter addressed to Meta CE...

8 months ago

Bitcoin Ordinals Art Sold Out at Sotheby’s

Bitcoin Ordinals ‘Genesis Cat’ Sells for $254K in Sotheby’s Digital Art Auction

“Genesis Cat,” a digital art piece created on the Bitcoin blockchain’s Ordinals protocol, was sold for over $250,000 at a recent Sotheby’s auction.

8 months ago

The legislation establishes rights for digital assets miners and validators and provides tax incentives for the purchase of goods and services with cryptocurrencies.

US Virginia introduces bill to protect digital assets mining rights

The Virginia State Senate has introduced legislation that delineates regulations for the mining and transactions of digital assets and their treatment under tax laws. S...

8 months ago