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
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
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
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
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
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.
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
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
