The United States Securities and Exchange Commission (SEC) has postponed its decision on yet another Bitcoin exchange traded fund, according to a filing released on Tuesday.
The filing was in response to a proposed rule change that would allow Valkyrie Digital Assets to create a Bitcoin ETF for customers within
MicroStrategy now holds more than 100,000 bitcoin, currently worth over $3 billion in value.
The business intelligence firm has long become the largest publicly listed HODLer. Less than a year after its initial $250 million purchase, MicroStrategy has now cracked the 100,000 bitcoin mark, meaning just under 5%
CoinDesk, the media outlet owned by Digital Currency Group, recently filed a Freedom of Information Law (FOIL) request with the State of New York, asking for documents regarding the composition of Tether's reserves. On Tuesday, an attorney for Tether and Bitfinex petitioned to block that release, claiming that
CoinDesk, the media outlet owned by Digital Currency Group, recently filed a Freedom of Information Law (FOIL) request with the State of New York, asking for documents regarding the composition of Tether's reserves. On Tuesday, an attorney for Tether and Bitfinex petitioned to block that release, claiming that
The United States Securities and Exchange Commission (SEC) has postponed its decision on yet another Bitcoin exchange traded fund, according to a filing released on Tuesday.
The filing was in response to a proposed rule change that would allow Valkyrie Digital Assets to create a Bitcoin ETF for customers within
MicroStrategy now holds more than 100,000 bitcoin, currently worth over $3 billion in value.
The business intelligence firm has long become the largest publicly listed HODLer. Less than a year after its initial $250 million purchase, MicroStrategy has now cracked the 100,000 bitcoin mark, meaning just under 5%
Nothing gets Elon Musk riled up like criticism of his soft weak hands. Amidst rumors that Tesla had further reduced its exposure to Bitcoin, Musk took to Twitter to deny selling at the peak. He reiterated a positive stance on the cryptocurrency, stating that Tesla would resume acceptance of bitcoin
Elon Musk and Microstrategy CEO Michael Saylor have come under fire after announcing the formation of a Bitcoin Mining Council to promote sustainability initiatives. The Bitcoin Mining Council is the result of a meeting between North American Bitcoin miners who have committed to publishing the details of their renewable energy
Industry insiders are calling it "Bloody Sunday". Over the weekend, the price of bitcoin lost 12% of its value, dropping from $61,300 to a low of just over $53,800 within 24 hours, and many are speculating about the causes behind such a selloff.
Among the theories
Grayscale Bitcoin Trust (GBTC), the world's biggest closed-end bitcoin fund, saw its trading price fall twice as much as the drop in the price of bitcoin.
Market data from YCharts shows that shares of GBTC are now trading nearly 10% lower than the value of its underlying bitcoin.
Turkey residents flee to Bitcoin as a change in the leadership of the local central bank spurs fears of inflation.
Al Jazeera reported on March 20 that Turkey's President Recep Tayyip Erdogan issued a decree firing the central bank governor Naci Agbal.
Agbal had held this position for
