In a recent wave of increasing institutional interest in Bitcoin, Fidelity Investments has resubmitted a spot Bitcoin ETF application. This step follows similar filings by various prominent financial entities. On January 27th 2022, the SEC rejected Fidelity’s initial application for a Spot Bitcoin ETF after rejecting applications from First

After issuing a cease and desist order, the Financial Institutions Division of Nevada has once more taken action against the cryptocurrency custodian, Prime Trust. This time, they have sought to appoint a receiver. A receivership is a court-appointed tool aiding creditors in retrieving defaulted funds and helping companies avoid bankruptcy,

HSBC, a premier financial institution in Hong Kong, has taken a substantial step by giving its customers the freedom to trade Bitcoin exchange-traded funds (ETFs). This decision signifies a change in the attitude of conventional banks towards Bitcoin, considering that HSBC had previously demonstrated reluctance in embracing Bitcoin. HSBC'

BTC Prague, the largest Bitcoin-only conference in Europe, has concluded. The event gathered influential Bitcoiners, developers, entrepreneurs, and companies under a massive roof in Prague, creating an unforgettable event destined for the 'Bitcoin conference scrapbook.' Thanks to Martin and Matyáš Kuchař, the organizers of BTC Prague, the Czech

After an exhaustive two-year pursuit, CoinDesk has obtained documents related to Tether's reserves, following a Freedom of Information Law request filed in New York State. The result? It seems the pursuit might have been a wild goose chase, revealing no smoking guns and leaving many to wonder if

Valkyrie is seeking to establish a Bitcoin spot exchange-traded fund (ETF), aligning itself with numerous other financial entities that have submitted comparable applications to the U.S. Securities and Exchange Commission (SEC) over the past week.  On June 21st, Valkyrie submitted an S-1 registration form for a Bitcoin spot ETF

Leading Bitcoin mining firm CleanSpark Inc. has declared its intention to buy two turnkey Bitcoin mining campuses in Dalton, Georgia for $9.3 million in a cash transaction.  These facilities are predicted to add almost 1 exahash per second (EH/s) to CleanSpark's hash rate. This purchase is

EDX Markets is a recently established Bitcoin and cryptocurrency exchange with the support of Citadel Securities, Fidelity Investments, and Charles Schwab. Its objective is to appeal to brokers and investors seeking exposure to Bitcoin and digital assets. Operating in a noncustodial manner, the exchange functions as a marketplace facilitating trades