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

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

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.

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

In the second quarter of 2023, Tether, the company behind the world's most widely used stablecoin USDT, purchased 1,529 Bitcoin. Tether's CTO, Paolo Ardoino, confirmed the acquisition of BTC, stating that the company spent approximately $45.4 million to add the additional Bitcoin to its

Genesis Digital Assets (GDA), a leading global Bitcoin mining company, has unveiled the launch of three new data centers in the Western region of South Carolina.  This growth is a strategic move to fortify the company's presence within the United States. As of now, GDA is responsible for

In an interview with the Financial Times on July 31st, Coinbase's CEO Brian Armstrong disclosed that the U.S. Securities and Exchange Commission (SEC) once told the crypto exchange to remove almost 250 tokens from its platform, except Bitcoin. This request came before the regulatory body filed a

Sazmining, a Bitcoin mining service provider that exclusively uses renewable energy, is expanding its footprint to South America by establishing a new operation in Paraguay.  This facility is scheduled to begin operations on September 15th, leveraging the country's low electricity costs to offer hosting services at a highly