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Robinhood To Acquire Bitstamp Exchange in $200M Deal
Robinhood To Acquire Bitstamp Exchange in $200M Deal
Bitcoin  -  Business  -  Jun 06, 2024 by Deniz Saat

Robinhood has announced its agreement to acquire Bitstamp, a Bitcoin and cryptocurrency exchange, for $200 million in cash.  This move aims to expand Robinhood's presence in the Bitcoin and crypto market, with the transaction expected to be finalized in the first half of 2025. Established in 2011, Bitstamp

Thailand Greenlights Its First Spot Bitcoin ETF
Thailand Greenlights Its First Spot Bitcoin ETF
Bitcoin  -  Business  -  Jun 04, 2024 by Deniz Saat

The Thai Securities and Exchange Commission (SEC) has approved the launch of the country's first spot Bitcoin exchange-traded fund (ETF). This move brings Thailand in line with a growing trend of countries offering regulated Bitcoin investment options. The ONE Bitcoin ETF Fund will be managed by One Asset

Semler Scientific Announces Plans To Raise $150 Million to Purchase More Bitcoin
Semler Scientific Announces Plans To Raise $150 Million to Purchase More Bitcoin

Medical device manufacturer Semler Scientific (Nasdaq: SMLR) announced it has purchased an additional 247 Bitcoin for $17 million in cash, increasing its total holdings to 828 Bitcoin. The company also plans to raise $150 million to further bolster its Bitcoin reserves. Last month, Semler made headlines by adopting Bitcoin as

Bitcoin  -  Business  -  Jun 07, 2024
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Semler Scientific Announces Plans To Raise $150 Million to Purchase More Bitcoin
Semler Scientific Announces Plans To Raise $150 Million to Purchase More Bitcoin

Medical device manufacturer Semler Scientific (Nasdaq: SMLR) announced it has purchased an additional 247 Bitcoin for $17 million in cash, increasing its total holdings to 828 Bitcoin. The company also plans to raise $150 million to further bolster its Bitcoin reserves. Last month, Semler made headlines by adopting Bitcoin as

Bitcoin  -  Business  -  Jun 07, 2024
Robinhood To Acquire Bitstamp Exchange in $200M Deal
Robinhood To Acquire Bitstamp Exchange in $200M Deal

Robinhood has announced its agreement to acquire Bitstamp, a Bitcoin and cryptocurrency exchange, for $200 million in cash.  This move aims to expand Robinhood's presence in the Bitcoin and crypto market, with the transaction expected to be finalized in the first half of 2025. Established in 2011, Bitstamp

Bitcoin  -  Business  -  Jun 06, 2024
Thailand Greenlights Its First Spot Bitcoin ETF
Thailand Greenlights Its First Spot Bitcoin ETF

The Thai Securities and Exchange Commission (SEC) has approved the launch of the country's first spot Bitcoin exchange-traded fund (ETF). This move brings Thailand in line with a growing trend of countries offering regulated Bitcoin investment options. The ONE Bitcoin ETF Fund will be managed by One Asset

Bitcoin  -  Business  -  Jun 04, 2024
President Biden Faces Setback With Controversial Veto on Cryptocurrency Bill
President Biden Faces Setback With Controversial Veto on Cryptocurrency Bill

President Biden and the Democrats have recently been projecting a more moderate and conciliatory stance on Bitcoin and cryptocurrency issues.  However, following a record-breaking surge in TikTok memberships for Trump, driven by his supporters, it is uncertain how the Democrats will regroup around Bitcoin and cryptocurrencies as an issue. Biden&

Bitcoin  -  Politics  -  Jun 03, 2024
Monochrome Submits Application for Australia's First Fully-Licensed Spot Bitcoin ETF
Monochrome Submits Application for Australia's First Fully-Licensed Spot Bitcoin ETF

An application for Australia's first fully-licensed spot Bitcoin ETF under new regulatory guidelines has been submitted to the Australian Securities Exchange (ASX). Monochrome Asset Management, in partnership with Vasco Trustees, announced the updated application for the Monochrome Bitcoin ETF (IBTC), aimed at providing regulated exposure to retail investors.

Bitcoin  -  Business  -  Jun 03, 2024
University of Austin and Unchained Team up To Raise $5 Million for Bitcoin Endowment
University of Austin and Unchained Team up To Raise $5 Million for Bitcoin Endowment

Unchained and the University of Austin (UATX) have partnered to create a long-term Bitcoin endowment. Joseph Kelly, CEO and co-founder of Unchained, has donated two Bitcoin to start the campaign, supporting UATX's efforts to incorporate Bitcoin into its financial strategy. I’ve seen the values the organization places

Bitcoin  -  News  -  May 31, 2024
Goldman Sachs Digital Assets Chief Hails Bitcoin ETFs as an 'Astonishing Success'
Goldman Sachs Digital Assets Chief Hails Bitcoin ETFs as an 'Astonishing Success'

Goldman Sachs has shifted its stance on Bitcoin, now praising the new spot Bitcoin ETFs as an "astonishing success" after years of skepticism. At the Consensus 2024 conference hosted by CoinDesk, Mathew McDermott, Goldman's global head of digital assets, highlighted the SEC's approval of

Bitcoin  -  Business  -  May 30, 2024
BlackRock’s $20 Billion IBIT Now the World’s Largest Bitcoin ETF
BlackRock’s $20 Billion IBIT Now the World’s Largest Bitcoin ETF

BlackRock's spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), has surpassed Grayscale's Bitcoin Trust (GBTC) to become the world's largest Bitcoin ETF. As of May 28th, IBIT manages over $20 billion in assets with a holding of 288,670 Bitcoin. This exceeds

Bitcoin  -  Business  -  May 29, 2024
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