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New York fund management company WisdomTree Investments is the latest contender to join the race to launch the first Bitcoin ETF in the United States. The filed an S-1 form with the Securities and Exchange Commission (SEC) on March 11th, in hopes of gaining approval for the launch of its
Zhongjia Bochuang (ZJBC), a Chinese publicly-traded information and communications firm with a market cap of $900 million, announced plans to dive right into the Bitcoin mining space. According to a March 9th report by local industry news outlet Chain News, ZJBC announced plans to buy $155 million of Bitcoin mining
India is set to propose a law banning Bitcoin, again. According to a March 15th Reuters report, a local government official said that the upcoming bill is one of the world’s strictest policies against bitcoin and other digital assets. The new rules would criminalize the possession, issuance, mining, trading
News • Bitcoin • Mar 14, 2021
India is set to propose a law banning Bitcoin, again. According to a March 15th Reuters report, a local government official said that the upcoming bill is one of the world’s strictest policies against bitcoin and other digital assets. The new rules would criminalize the possession, issuance, mining, trading
News • Bitcoin • Mar 14, 2021
New York fund management company WisdomTree Investments is the latest contender to join the race to launch the first Bitcoin ETF in the United States. The filed an S-1 form with the Securities and Exchange Commission (SEC) on March 11th, in hopes of gaining approval for the launch of its
News • Business • Mar 11, 2021
Zhongjia Bochuang (ZJBC), a Chinese publicly-traded information and communications firm with a market cap of $900 million, announced plans to dive right into the Bitcoin mining space. According to a March 9th report by local industry news outlet Chain News, ZJBC announced plans to buy $155 million of Bitcoin mining
News • Business • Mar 09, 2021
A number of SEC filings on Tuesday reveal plans by JPMorgan to launch what it calls a "Cryptocurrency Exposure Basket," a basket of 11 stocks by companies considered to have some exposure to Bitcoin and cryptocurrencies. According to the documentation, the included U.S.-listed stocks were selected
News • Business • Mar 08, 2021
Chinese companies are racing to raise funds and enter into or expand their existing operations in the Bitcoin space, largely thanks to Bitcoin's recent price action. Reuters reported on Tuesday that Chinese Bitcoin mining application-specific integrated circuit (ASIC) producer Ebang based $170 million in two separate funding rounds
News • Bitcoin • Mar 08, 2021
Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
Opinion • Bitcoin • Mar 08, 2021
According to Matt McDermott, the head of digital assets at major investment bank Goldman Sachs, institutional demand for Bitcoin is currently particularly high. The banker explained during a podcast that a recent survey revealed that 40% of the nearly 300 Goldman Sachs institutional customers already have exposure to cryptocurrencies by
News • Bitcoin • Mar 07, 2021
Norwegian holding company Aker ASA has set up a new unit to invest in Bitcoin and the wider Bitcoin ecosystem, according to an announcement published on Monday. The industrial investment company focused on oil, gas, and renewable energy, among other sectors, shared that the new company, called Seetee, has a
News • Business • Mar 07, 2021