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Philipe F's Work 66 Articles
Grayscale Prepares for Spot Bitcoin ETF Ahead of SEC Approval
Grayscale Prepares for Spot Bitcoin ETF Ahead of SEC Approval

Grayscale Investments said Monday (June 27th, 2022) that it is gearing up to work with heavyweight market makers Jane Street and Virtu Financial if the SEC approves their Grayscale Bitcoin Trust (GBTC) to be converted into a spot ETF. GBTC is currently trading at nearly a 30% discount to net

News  •  Bitcoin  •  Jun 28, 2022
Tether Offers Tokens Pegged to the British Pound Sterling
Tether Offers Tokens Pegged to the British Pound Sterling

Tether Operations Limited, the company that powers the largest stablecoin by market capitalization, has announced that it will be launching Tether tokens (“GBPT”) pegged to the British Pound Sterling in early July of 2022.  GBPT will be the fourth fiat-currency pegged stablecoin that Tether is offering. Currently, Tether has the

News  •  Technology  •  Jun 23, 2022
Louisiana Bill Allows Institutions to Custody Bitcoin on Behalf of Customers
Louisiana Bill Allows Institutions to Custody Bitcoin on Behalf of Customers

The governor of Louisiana recently signed a bill allowing financial institutions in Louisiana to have custody of Bitcoin and digital assets on behalf of their customers. Dennis Porter tweeted the finalized bill on June 21st, 2022. Louisiana's new law now allows banks and financial institutions within the state

News  •  Bitcoin  •  Jun 22, 2022
Congress Members Write Benefits of Bitcoin Letter to the EPA
Congress Members Write Benefits of Bitcoin Letter to the EPA

A group of U.S. Congress members sent a letter to the country’s Environmental Protection Agency (EPA) explaining that Bitcoin’s Proof-of-Work (PoW) mining mechanism benefits the environment despite opposing beliefs. Concerns over the environmental effects caused by PoW mining have been a main priority for critics of the

News  •  Bitcoin  •  Jun 17, 2022
Celsius Crypto Platform Pauses Withdrawals
Celsius Crypto Platform Pauses Withdrawals

Celsius addressed their community with a memo late at night on June 12th, 2022 announcing the platform's suspension of withdrawals, swaps, and transfers between accounts. The memo explains the company's decision and is rationalized as an action that is necessary to “put Celsius in a better

News  •  Bitcoin  •  Jun 13, 2022
Luxury Retailer Farfetch Will Accept Bitcoin Payments
Luxury Retailer Farfetch Will Accept Bitcoin Payments

Farfetch Ltd (NYSE : FTCH), a digital platform for luxury fashion featuring brands like Balenciaga, Burberry, Gucci, and more, will begin accepting Bitcoin and other cryptocurrencies for payment. The company will have a pilot program that will begin with luxury European stores in Paris, London, and Milan. All U.S., U.

News  •  Bitcoin  •  Jun 10, 2022
Up to 75% Of Merchants May Accept Bitcoin
Up to 75% Of Merchants May Accept Bitcoin

Up to 75% of retailers in the U.S. plan to accept Bitcoin and cryptocurrency payments within the next two years according to a new survey published by Deloitte and PayPal on Wednesday titled, “Merchants Getting Ready for Crypto.” The survey sampled 2,000 senior executives at U.S. retail

News  •  Bitcoin  •  Jun 09, 2022
Australia Launches Third Bitcoin ETF
Australia Launches Third Bitcoin ETF

3iQ Corporation announced the launch of Coinshares Bitcoin Feeder ETF on the CBOE exchange in Australia through a press release. The ETF will provide retail and institutional investors with exposure to the spot price of Bitcoin through an underlying fund. At 1.20%, Coinshare's Bitcoin Feeder ETF has

News  •  Bitcoin  •  Jun 08, 2022
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