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Japanese Firm’s Stock Price Soars After Adopting Bitcoin Strategy
Japanese Firm’s Stock Price Soars After Adopting Bitcoin Strategy
News  •  Bitcoin  •  Apr 09, 2024 by Deniz Saat

Metaplanet, a company specializing in Web3 infrastructure, experienced a nearly 90% surge in its stock value on the Tokyo Stock Exchange within two days.  The jump in price occurred after the company announced a collaborative investment of $6.56 million in Bitcoin, involving partners such as Sora Ventures and Mark

Chinese Equity Funds File for Bitcoin Spot ETFs in Hong Kong
Chinese Equity Funds File for Bitcoin Spot ETFs in Hong Kong
News  •  Bitcoin  •  Apr 08, 2024 by Deniz Saat

Recent reports indicate that major Chinese asset management firms are leveraging their subsidiaries in Hong Kong to enter the Bitcoin ETF market. Leading financial firms such as Harvest Fund and Southern Fund have filed for Bitcoin ETFs through their Hong Kong branches, awaiting approval from regulatory bodies.  This development highlights

Hong Kong Expected To Approve First Spot Bitcoin ETFs in April
Hong Kong Expected To Approve First Spot Bitcoin ETFs in April

Hong Kong is poised to potentially introduce spot Bitcoin exchange-traded funds (ETFs) as early as this month, with the first set of approvals expected to be announced in the coming week, according to sources. This rapid progress positions Hong Kong as the first Asian city to introduce these sought-after ETFs,

News  •  Bitcoin  •  Apr 10, 2024
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Hong Kong Expected To Approve First Spot Bitcoin ETFs in April
Hong Kong Expected To Approve First Spot Bitcoin ETFs in April

Hong Kong is poised to potentially introduce spot Bitcoin exchange-traded funds (ETFs) as early as this month, with the first set of approvals expected to be announced in the coming week, according to sources. This rapid progress positions Hong Kong as the first Asian city to introduce these sought-after ETFs,

News  •  Bitcoin  •  Apr 10, 2024
Japanese Firm’s Stock Price Soars After Adopting Bitcoin Strategy
Japanese Firm’s Stock Price Soars After Adopting Bitcoin Strategy

Metaplanet, a company specializing in Web3 infrastructure, experienced a nearly 90% surge in its stock value on the Tokyo Stock Exchange within two days.  The jump in price occurred after the company announced a collaborative investment of $6.56 million in Bitcoin, involving partners such as Sora Ventures and Mark

News  •  Bitcoin  •  Apr 09, 2024
Chinese Equity Funds File for Bitcoin Spot ETFs in Hong Kong
Chinese Equity Funds File for Bitcoin Spot ETFs in Hong Kong

Recent reports indicate that major Chinese asset management firms are leveraging their subsidiaries in Hong Kong to enter the Bitcoin ETF market. Leading financial firms such as Harvest Fund and Southern Fund have filed for Bitcoin ETFs through their Hong Kong branches, awaiting approval from regulatory bodies.  This development highlights

News  •  Bitcoin  •  Apr 08, 2024
Bhutan Plans To Increase Bitcoin Mining Capacity in Anticipation of Halving
Bhutan Plans To Increase Bitcoin Mining Capacity in Anticipation of Halving

The kingdom of Bhutan intends to increase its Bitcoin mining operations by 500% before the upcoming halving in April. Bloomberg reports that Bhutan's national wealth fund, Druk Holding & Investments, is collaborating with the Bitcoin mining company Bitdeer to increase its capacity from 100 to 600 megawatts.  Bhutan

News  •  Bitcoin  •  Apr 05, 2024
DWS Launches Physical Bitcoin Exchange-Traded Commodity in Germany
DWS Launches Physical Bitcoin Exchange-Traded Commodity in Germany

DWS, managing more than $900 billion, launches new Xtrackers Exchange-Traded Commodities (ETC) in partnership with Galaxy Digital Holdings Ltd., providing investors in Germany with a streamlined way to gain exposure to Bitcoin. Manfred Bauer, who serves as the Global Head of the Product Division and is a member of the

News  •  Bitcoin  •  Apr 04, 2024
Tether Awards $100,000 to BTCPay Server for Advancements in Bitcoin Payment Accessibility
Tether Awards $100,000 to BTCPay Server for Advancements in Bitcoin Payment Accessibility

Tether announced its support for the Free and Open Source Software (FOSS) movement by donating $100,000 to the BTCPay Server Foundation. https://twitter.com/Tether_to/status/1775154686024180019 Tether's CEO, Paolo Ardoino, announced the company's donation to the BTCPay Server Foundation, emphasizing Tether's

News  •  Bitcoin  •  Apr 03, 2024
On-Chain Data Reveals Tether Adds 8,888 Bitcoin to Holdings
On-Chain Data Reveals Tether Adds 8,888 Bitcoin to Holdings

Tether has notably increased its Bitcoin holdings, acquiring 8,888 BTC valued at approximately $600 million. This acquisition was identified through blockchain analysis rather than an official statement from the company. Although Tether has not made its Bitcoin addresses public, blockchain records indicate that a transfer of 8,888 BTC

News  •  Bitcoin  •  Apr 02, 2024
Court Orders Global Freeze on Craig Wright’s Assets
Court Orders Global Freeze on Craig Wright’s Assets

A U.K. judge mandated a global freeze on Craig Wright's assets, valued at $7.6 million (£6 million), after it was found he falsely claimed to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin. The decision follows Wright's loss in a pivotal legal battle with

News  •  Bitcoin  •  Mar 29, 2024
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