Business
Business
Robinhood has announced its agreement to acquire Bitstamp, a Bitcoin and cryptocurrency exchange, for $200 million in cash. This move aims to expand Robinhood's presence in the Bitcoin and crypto market, with the transaction expected to be finalized in the first half of 2025. Established in 2011, Bitstamp
The Thai Securities and Exchange Commission (SEC) has approved the launch of the country's first spot Bitcoin exchange-traded fund (ETF). This move brings Thailand in line with a growing trend of countries offering regulated Bitcoin investment options. The ONE Bitcoin ETF Fund will be managed by One Asset
Medical device manufacturer Semler Scientific (Nasdaq: SMLR) announced it has purchased an additional 247 Bitcoin for $17 million in cash, increasing its total holdings to 828 Bitcoin. The company also plans to raise $150 million to further bolster its Bitcoin reserves. Last month, Semler made headlines by adopting Bitcoin as
Bitcoin • Business • Jun 07, 2024Medical device manufacturer Semler Scientific (Nasdaq: SMLR) announced it has purchased an additional 247 Bitcoin for $17 million in cash, increasing its total holdings to 828 Bitcoin. The company also plans to raise $150 million to further bolster its Bitcoin reserves. Last month, Semler made headlines by adopting Bitcoin as
Bitcoin • Business • Jun 07, 2024Robinhood has announced its agreement to acquire Bitstamp, a Bitcoin and cryptocurrency exchange, for $200 million in cash. This move aims to expand Robinhood's presence in the Bitcoin and crypto market, with the transaction expected to be finalized in the first half of 2025. Established in 2011, Bitstamp
Bitcoin • Business • Jun 06, 2024The Thai Securities and Exchange Commission (SEC) has approved the launch of the country's first spot Bitcoin exchange-traded fund (ETF). This move brings Thailand in line with a growing trend of countries offering regulated Bitcoin investment options. The ONE Bitcoin ETF Fund will be managed by One Asset
Bitcoin • Business • Jun 04, 2024Ark Labs, a new project spearheaded by Bitcoin developers, has announced its intention to develop a layer-two network for Bitcoin transactions. This network, based on the Ark protocol, aims to address the growing need for faster and low-cost Bitcoin payment solutions. The Ark protocol utilizes a server-client architecture to facilitate
Bitcoin • Business • Jun 04, 2024TALLINN, June 4, 2024—Ark Labs, a company dedicated to developing a new Bitcoin layer two payment network based on the Ark protocol, launched today in response to the growing need for scalable, low-cost Bitcoin payment solutions. The launch of Ark Labs comes at a watershed moment for Bitcoin adoption,
Business • Bitcoin • Jun 04, 2024An application for Australia's first fully-licensed spot Bitcoin ETF under new regulatory guidelines has been submitted to the Australian Securities Exchange (ASX). Monochrome Asset Management, in partnership with Vasco Trustees, announced the updated application for the Monochrome Bitcoin ETF (IBTC), aimed at providing regulated exposure to retail investors.
Bitcoin • Business • Jun 03, 2024Set to take place from June 13-15, 2024, BTC Prague emerges as a significant hub for the Bitcoin community, promising to foster discussions, connections, and innovations across the Bitcoin landscape. This event marks the second edition of what is quickly becoming one of the most significant Bitcoin gatherings in Europe,
Bitcoin • Business • May 30, 2024Goldman Sachs has shifted its stance on Bitcoin, now praising the new spot Bitcoin ETFs as an "astonishing success" after years of skepticism. At the Consensus 2024 conference hosted by CoinDesk, Mathew McDermott, Goldman's global head of digital assets, highlighted the SEC's approval of
Bitcoin • Business • May 30, 2024