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Bitcoin Weekly News: August 16th, 2023
Bitcoin Weekly News: August 16th, 2023

Listen to the audio version of this news roundup wherever you get your podcasts: https://bitcoinpodcast.net/podcast Greetings and salutations my fellow plebs. My name is Walker and this is THE Bitcoin Podcast. It’s Wednesday, August 16th, 2023. At the time of recording, the Bitcoin block height is

News  •  Bitcoin  •  Aug 16, 2023
Ark Invest and 21 Shares Bitcoin ETF Application Postponed by SEC
Ark Invest and 21 Shares Bitcoin ETF Application Postponed by SEC

On August 11th, the approval process was further delayed when the Securities and Exchange Commission (SEC) requested comments on the spot Bitcoin exchange-traded fund (ETF) application submitted by 21 Shares and Cathie Wood's ARK Invest. This marks the second postponement in the listing procedure for this ETF, the

News  •  Bitcoin  •  Aug 11, 2023
Bitcoin Weekly News: August 9th, 2023
Bitcoin Weekly News: August 9th, 2023

You can listen to the audio version of this recap wherever you get your podcasts: https://bitcoinpodcast.net/podcast Greetings and salutations my fellow plebs. My name is Walker and this is THE Bitcoin Podcast. It’s Wednesday, August 9th, 2023. At the time of recording, the Bitcoin block height

News  •  Bitcoin  •  Aug 09, 2023
Nearly 50% Of Jack Dorsey’s Block Q2 Revenue Came From Bitcoin Transactions
Nearly 50% Of Jack Dorsey’s Block Q2 Revenue Came From Bitcoin Transactions

Block Inc., a payments firm, announced a gross profit of $1.87 billion in the second quarter of 2023, marking a 27% increase compared to the same period last year. Of its total Q2 net revenue of $5.5 billion, $2.4 billion came from Bitcoin, according to the company.

News  •  Bitcoin  •  Aug 08, 2023
Hong Kong Launches Retail Bitcoin Trading Through HashKey and OSL
Hong Kong Launches Retail Bitcoin Trading Through HashKey and OSL

In Hong Kong, Bitcoin and cryptocurrency trading access is being expanded to individual investors, with one exchange recently receiving regulatory approval to provide these services. On August 3rd, the local digital asset company HashKey announced that it has secured all the required licensing to grow its business from catering to

News  •  Bitcoin  •  Aug 04, 2023
Bitcoin Weekly News: August 16th, 2023
Bitcoin Weekly News: August 16th, 2023

Listen to the audio version of this news roundup wherever you get your podcasts: https://bitcoinpodcast.net/podcast Greetings and salutations my fellow plebs. My name is Walker and this is THE Bitcoin Podcast. It’s Wednesday, August 16th, 2023. At the time of recording, the Bitcoin block height is

News  •  Bitcoin  •  Aug 16, 2023
Featured Articles 4 Articles
Business View All
The Smarter Web Company Adds 10 Bitcoin to Treasury
The Smarter Web Company Adds 10 Bitcoin to Treasury

The Smarter Web Company acquired 10 Bitcoin for £672,097, increasing total holdings to 2,674 Bitcoin under its long-term treasury policy.

Steak ’n Shake Introduces Bitcoin Bonus Program for Hourly Workers
Steak ’n Shake Introduces Bitcoin Bonus Program for Hourly Workers

Steak ’n Shake will pay hourly workers a $0.21-per-hour Bitcoin bonus starting March 1st.

Strategy Surpasses 700,000 Bitcoin Holdings Following $2.1 Billion Acquisition
Strategy Surpasses 700,000 Bitcoin Holdings Following $2.1 Billion Acquisition

Strategy bought 22,305 Bitcoin for about $2.13 billion, raising its total holdings to 709,715 Bitcoin, according to an SEC filing.

B HODL Completes Bitcoin-Backed Loan Drawdown and Adds One Bitcoin to Treasury
B HODL Completes Bitcoin-Backed Loan Drawdown and Adds One Bitcoin to Treasury

B HODL drew £74,250 under its Bitcoin-backed loan facility to buy one Bitcoin, increasing total holdings to 159.295 Bitcoin.

Politics View All
Bitcoiners Push Back on Quantum Computing Risk Claims
Bitcoiners Push Back on Quantum Computing Risk Claims

Bitcoiners say quantum computing does not pose an immediate threat and that the network has time to prepare for potential long-term risks.

CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading
CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading

The CFTC will allow federally regulated spot Bitcoin and crypto trading for the first time as Bitnomial prepares to launch its new exchange.

Turkmenistan Approves New Law for Bitcoin and Digital Asset Operations
Turkmenistan Approves New Law for Bitcoin and Digital Asset Operations

Turkmenistan has enacted a new law regulating Bitcoin and digital asset activities with licensing requirements and defined legal status.

Texas Buys $5 Million in Bitcoin in First State-Level Purchase of BlackRock’s Spot ETF
Texas Buys $5 Million in Bitcoin in First State-Level Purchase of BlackRock’s Spot ETF

Texas bought $5 million of Bitcoin through BlackRock’s IBIT ETF as its first step toward a state Strategic Bitcoin Reserve.

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