The world's largest asset manager, BlackRock, is reported to be submitting a Bitcoin ETF (Exchange-Traded Fund) application. As part of their endeavor to establish a Bitcoin ETF, BlackRock has selected Coinbase Custody as their go-to for custodial services.  In addition, BlackRock will employ spot market data from Coinbase

In a move to establish itself as a digital-asset hub, Hong Kong has announced that retail investors can now engage in Bitcoin and crypto trading under its newly introduced rulebook for the sector.  This development comes amidst contrasting approaches between the industry and regulators across other Asian regions. Hong Kong

A bill has been introduced by a group of U.S. senators, mandating the submission of reports on the adoption of Bitcoin as legal tender in El Salvador. Senators James Risch, Bob Menendez, and Bill Cassidy have proposed the "Accountability for Cryptocurrency in El Salvador Act," which requires

Bitcoin and cryptocurrency exchange Bittrex, founded in 2014, has filed for bankruptcy in the state of Delaware.  The decision was made following the company's announcement that it would terminate all U.S. operations on April 30th, after being charged by the U.S. Securities and Exchange Commission (SEC)

According to a statement released by LCH, the clearinghouse arm of the London Stock Exchange Group, it will provide clearing services for cash-settled Bitcoin index futures and options. LCH stated that LCH DigitalAssetClear, the company’s French division, will finalize trades made on the UK-licensed GFO-X digital asset exchange. Head

American Bitcoin miner CleanSpark stated on April 11th that it purchased 45,000 Antminer S19 XP ASIC mining rigs for $144.9 million. According to CleanSpark, Antminer will complete all ASIC deliveries before the end of September.  The company currently produces 6.7 exahashes per second (EH/s), and will

The fifth-largest financial services provider in Switzerland, PostFinance, has announced a partnership with regulated digital asset services provider Sygnum Bank to start providing Bitcoin and cryptocurrency services for their customers. PostFinance, which is owned by the Swiss government, will first provide its 2.5 million clients access to purchase, store,

A court document states that on March 14th, 2023, the U.S. government sold 9,861.1707894 Bitcoin for a sum of $215,738,154.98.  After transaction costs, the government received a profit of $215,522,416.83. The government also disclosed that there are still about 41,490.