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First Trust and Scaramucci's SkyBridge File for Bitcoin ETF
First Trust and Scaramucci's SkyBridge File for Bitcoin ETF
News  •  Bitcoin  •  Mar 19, 2021 by Thomas M

The race for the first Bitcoin ETF in the U.S. is heating up: a filing with the Securities and Exchange Commission (SEC) on Friday revealed that Anthony Scaramucci's SkyBridge Capital and investment firm First Trust Advisors are the latest industry players to file for an ETF in

Canadian Bitcoin ETF Holds More than 14,000 Bitcoin One Month After Launch
Canadian Bitcoin ETF Holds More than 14,000 Bitcoin One Month After Launch
News  •  Business  •  Mar 18, 2021 by Dariusz Z

Just over a month post-launch, Purpose Investment's Bitcoin exchange-traded fund (ETF) holds more than 14,000 bitcoin, approximately $820 million at press time, in assets under management. The Canadian asset management firm reported its milestone on Thursday, when it disclosed that the ETF had cracked the $1 billion

Jerome Powell: Bitcoin "a Substitute for Gold," Not the Dollar
Jerome Powell: Bitcoin "a Substitute for Gold," Not the Dollar

The public needs to understand the risks associated with Bitcoin, according to Federal Reserve Chair Jerome Powell. During a webinar hosted by the Bank of International Settlements (BIS) on Monday, Powell said the Fed prefers to refer to cryptocurrencies as "crypto assets" rather than currencies, as their volatility

News  •  Economy  •  Mar 21, 2021
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Jerome Powell: Bitcoin "a Substitute for Gold," Not the Dollar
Jerome Powell: Bitcoin "a Substitute for Gold," Not the Dollar

The public needs to understand the risks associated with Bitcoin, according to Federal Reserve Chair Jerome Powell. During a webinar hosted by the Bank of International Settlements (BIS) on Monday, Powell said the Fed prefers to refer to cryptocurrencies as "crypto assets" rather than currencies, as their volatility

News  •  Economy  •  Mar 21, 2021
First Trust and Scaramucci's SkyBridge File for Bitcoin ETF
First Trust and Scaramucci's SkyBridge File for Bitcoin ETF

The race for the first Bitcoin ETF in the U.S. is heating up: a filing with the Securities and Exchange Commission (SEC) on Friday revealed that Anthony Scaramucci's SkyBridge Capital and investment firm First Trust Advisors are the latest industry players to file for an ETF in

News  •  Bitcoin  •  Mar 19, 2021
Canadian Bitcoin ETF Holds More than 14,000 Bitcoin One Month After Launch
Canadian Bitcoin ETF Holds More than 14,000 Bitcoin One Month After Launch

Just over a month post-launch, Purpose Investment's Bitcoin exchange-traded fund (ETF) holds more than 14,000 bitcoin, approximately $820 million at press time, in assets under management. The Canadian asset management firm reported its milestone on Thursday, when it disclosed that the ETF had cracked the $1 billion

News  •  Business  •  Mar 18, 2021
Morgan Stanley to Offer High-Net-Worth Clients Access to Bitcoin Funds
Morgan Stanley to Offer High-Net-Worth Clients Access to Bitcoin Funds

Morgan Stanley plans to offer Bitcoin funds to its wealthiest customers. CNBC reported on March 17th that the investment bank, which manages $4 trillion of client assets, told its financial advisors in an internal memo that it would offer three separate Bitcoin funds to the wealthiest of its clients as

News  •  Bitcoin  •  Mar 16, 2021
Visa Plans to Enable Bitcoin Payments at 70 Million Merchants
Visa Plans to Enable Bitcoin Payments at 70 Million Merchants

Visa seemingly plans to follow in PayPal's fresh footsteps as it works to adopt Bitcoin. The firm's CEO Alfred Kelly said on Fortune’s Leadership Next podcast on Tuesday that the payment processing behemoth is willing to facilitate not only bitcoin purchases, but also spending functionalities,

News  •  Bitcoin  •  Mar 16, 2021
Teen Behind the Infamous Twitter Hack Sentenced to 3 Years in Prison
Teen Behind the Infamous Twitter Hack Sentenced to 3 Years in Prison

Graham Ivan Clark, the 18-year-old who led the infamous Twitter hack on July 15th last year, pleaded guilty and will have to serve a three-year prison sentence, according to a report by the Tampa Bay Times. Clark was only 17 when he led the attack on Twitter that saw some

News  •  Bitcoin  •  Mar 16, 2021
Canadian Startup MintGreen Closes Seed Round to Monetize Heat from Bitcoin Mining
Canadian Startup MintGreen Closes Seed Round to Monetize Heat from Bitcoin Mining

As Bitcoin receives increased screen time on the global stage for its energy consumption, approaches are being developed around the world to make bitcoin mining more efficient. Vancouver-based clean tech startup MintGreen is working on one such development by recovering waste from Bitcoin mining and selling it via heat offtake

News  •  Business  •  Mar 15, 2021
On-Chain Data Shows That Bitcoin HODLers Have Diamond Hands
On-Chain Data Shows That Bitcoin HODLers Have Diamond Hands

Almost everyone who acquires and holds bitcoin for over three months is in it for the long run. A March 15th report published by blockchain data firm Glassnode states that “more than 95% of spent outputs are younger than 3 months old.” Only 5% of bitcoin that are moved have

News  •  Bitcoin  •  Mar 15, 2021
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