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Founder of FTX Receives 25-Year Prison Sentence From Judge
Founder of FTX Receives 25-Year Prison Sentence From Judge
News  -  Bitcoin  -  Mar 28, 2024 by Deniz Saat

The founder of FTX, Sam Bankman-Fried (SBF), has been sentenced to 25 years in prison by a New York judge for orchestrating an $8 billion theft from customers of the cryptocurrency exchange. U.S. District Judge Lewis Kaplan issued a sentence following the conviction of Bankman-Fried on seven charges of

CEO of BlackRock Expresses Strong Long-Term Optimism for Bitcoin
CEO of BlackRock Expresses Strong Long-Term Optimism for Bitcoin
News  -  Bitcoin  -  Mar 27, 2024 by Deniz Saat

Today on Fox Business, BlackRock CEO Larry Fink expressed optimism about Bitcoin, noting that their spot Bitcoin ETF, $IBIT, is witnessing unparalleled growth, setting a record as the fastest-growing ETF in history. https://twitter.com/BTC_Archive/status/1773074844285829601 "I'm very bullish on the long term viability

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
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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
Founder of FTX Receives 25-Year Prison Sentence From Judge
Founder of FTX Receives 25-Year Prison Sentence From Judge

The founder of FTX, Sam Bankman-Fried (SBF), has been sentenced to 25 years in prison by a New York judge for orchestrating an $8 billion theft from customers of the cryptocurrency exchange. U.S. District Judge Lewis Kaplan issued a sentence following the conviction of Bankman-Fried on seven charges of

News  -  Bitcoin  -  Mar 28, 2024
CEO of BlackRock Expresses Strong Long-Term Optimism for Bitcoin
CEO of BlackRock Expresses Strong Long-Term Optimism for Bitcoin

Today on Fox Business, BlackRock CEO Larry Fink expressed optimism about Bitcoin, noting that their spot Bitcoin ETF, $IBIT, is witnessing unparalleled growth, setting a record as the fastest-growing ETF in history. https://twitter.com/BTC_Archive/status/1773074844285829601 "I'm very bullish on the long term viability

News  -  Bitcoin  -  Mar 27, 2024
London Stock Exchange to Launch Bitcoin ETN Trading Platform in May
London Stock Exchange to Launch Bitcoin ETN Trading Platform in May

The London Stock Exchange has announced the opening of its application window for Bitcoin Crypto Exchange-Traded Notes (ETNs) on April 8th, 2024.  This move comes after a previous announcement on March 11th, where the Exchange expressed its plans to permit the trading of Crypto ETNs within the second quarter of

News  -  Bitcoin  -  Mar 25, 2024
Japan's Government Pension Fund Considers Diversifying into Bitcoin
Japan's Government Pension Fund Considers Diversifying into Bitcoin

Japan's Government Pension Investment Fund (GPIF), which oversees more than $1.5 trillion in assets, has announced plans to explore the possibility of diversifying part of its portfolio into Bitcoin, among other assets.  This move is part of a broader strategy to assess a variety of illiquid alternative

News  -  Bitcoin  -  Mar 19, 2024
MicroStrategy Buys 9,200 Bitcoin for $620M, Owning 1% of Total Supply
MicroStrategy Buys 9,200 Bitcoin for $620M, Owning 1% of Total Supply

MicroStrategy has recently increased its Bitcoin holdings, revealing the acquisition of approximately 9,245 Bitcoin, purchased for about $623 million.  https://twitter.com/saylor/status/1770061111146033385 The Bitcoin was funded by the proceeds from a convertible senior notes offering and surplus cash from the company, with an average purchase price

News  -  Bitcoin  -  Mar 19, 2024
MicroStrategy Boosts Convertible Loan to $525M for Additional Bitcoin Purchases
MicroStrategy Boosts Convertible Loan to $525M for Additional Bitcoin Purchases

MicroStrategy has increased its planned offering of convertible senior notes from $500 million to $525 million. The company aims to use the proceeds from this offering to purchase additional Bitcoin, continuing a strategy initiated in 2020. The company has successfully priced the convertible senior notes, which are due in 2031,

News  -  Bitcoin  -  Mar 16, 2024
JPMorgan Chase CEO Says He Will Defend People’s Right To Buy Bitcoin
JPMorgan Chase CEO Says He Will Defend People’s Right To Buy Bitcoin

Jamie Dimon, the CEO of JPMorgan Chase and a known Bitcoin skeptic, remains unconvinced of the asset’s merits.  Speaking at the Australian Financial Review business summit in Sydney via video link, Dimon expressed his reservations about the asset amidst broader discussions on topics ranging from upcoming elections to federal

News  -  Bitcoin  -  Mar 12, 2024
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