Banks Intend to Purchase Bitcoin Directly From BTC Mining Company.
Per the CEO of Hut 8, a bitcoin mining company listed on the Toronto stock exchange, major financial institutions have made inquiries to purchase bitcoin directly from the firm. Additionally,…
BlackRock Adds Wall Street Giants to Spot Bitcoin ETF Prospectus.
The new additions demonstrate that corporations are now interested in getting in on the action. An amendment to BlackRock’s S-1 registration statement with the U.S SEC was filed.On April 5,…
First ever Bitcoin ETF ‘Canadian Purpose Bitcoin ETF’ Has Lost 20% of Assets Due To High Management Fees Since BlackRock Approval.
With much cheaper Bitcoin ETFs available, Canadian BTC investors are starting to abandon Purpose Investments. The Purpose Bitcoin ETF (BTCC) – the world’s first Bitcoin exchange-traded fund – has struggled…
FTX Estate Reportedly Sells $1.9B Worth of Solana (SOL) to Settle Debts.
Nearly $7.5 billion worth of 41 million locked-up SOL are held by the FTX estate.The majority of FTX’s digital assets were SOL, with a small amount going to BTC, ETH,…
Ethena Labs Adds Bitcoin Backing to its Synthetic Dollar-pegged USDe
Ethena Labs aims to strengthen USDe’s backing, ultimately providing a safer product for its users leveraging BTC’s expanding open interest. Ethena Labs, the creators of USDe, have incorporated Bitcoin (BTC)…
Horrible State Of Former U.S. Special Agent At IRS Now Binance Staffer has deteriorated as Nigeria turns him into a political pawn. – Leo Schwartz
Binance’s head of financial crime compliance, Tigran Gambaryan, appeared before a federal high court in Nigeria, where he is facing tax evasion charges. For anyone working in the booming field…
3 Billion USDT Transferred To These Crypto Exchanges in Only 3 Days.
USDT’s market cap is currently more than $106.6 billion. Tether Treasury has been actively minting USDT tokens amidst choppy market conditions. In the latest development, $3 billion worth of USDT…
Check Out How the US Govt Action Caused Bitcoin’s (BTC) Price Drop to $64.5K.
The analytics platform outlined increased interest in BTC related to Silk Road. Bitcoin’s price action remained choppy this week. Its recovery to $69,000 remained brief after a massive plunge below…
Solana Struggles with Surge in Failed Transactions Amid Memecoin Frenzy
Since March 2024, Solana has seen a sharp rise in failed transactions due to bot activities.Over 75% of non-vote transactions on Solana failed, a record-high failure rate. According to data…
Bitcoin (BTC) Price Will Not Drop Below This Level Again, Says PlanB.
The outcome of PlanB’s latest analysis differs from his prediction in early February.Bitcoin Stock-to-Flow (S2F) model creator and analyst PlanB has identified a level which he believes Bitcoin (BTC) will…