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India to Ban Bitcoin, Again
India to Ban Bitcoin, Again
News  •  Bitcoin  •  Mar 14, 2021 by Dariusz Z

India is set to propose a law banning Bitcoin, again. According to a March 15th Reuters report, a local government official said that the upcoming bill is one of the world’s strictest policies against bitcoin and other digital assets. The new rules would criminalize the possession, issuance, mining, trading

WisdomTree Joins Bitcoin ETF Race with New Filing
WisdomTree Joins Bitcoin ETF Race with New Filing
News  •  Business  •  Mar 11, 2021 by Dariusz Z

New York fund management company WisdomTree Investments is the latest contender to join the race to launch the first Bitcoin ETF in the United States. The filed an S-1 form with the Securities and Exchange Commission (SEC) on March 11th, in hopes of gaining approval for the launch of its

Nearly 10% of $380B in Stimulus Checks May Go Into Bitcoin and Stocks: Mizuho Survey
Nearly 10% of $380B in Stimulus Checks May Go Into Bitcoin and Stocks: Mizuho Survey

Nearly 10% of the money distributed among United States citizens in the form of $1,400 stimulus checks could flow into Bitcoin, a study released by Mizuho Securities on Monday suggests. The study, which questioned nearly 235 U.S. citizens with less than $150,000 in household income, found that

News  •  Bitcoin  •  Mar 14, 2021
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Nearly 10% of $380B in Stimulus Checks May Go Into Bitcoin and Stocks: Mizuho Survey
Nearly 10% of $380B in Stimulus Checks May Go Into Bitcoin and Stocks: Mizuho Survey

Nearly 10% of the money distributed among United States citizens in the form of $1,400 stimulus checks could flow into Bitcoin, a study released by Mizuho Securities on Monday suggests. The study, which questioned nearly 235 U.S. citizens with less than $150,000 in household income, found that

News  •  Bitcoin  •  Mar 14, 2021
India to Ban Bitcoin, Again
India to Ban Bitcoin, Again

India is set to propose a law banning Bitcoin, again. According to a March 15th Reuters report, a local government official said that the upcoming bill is one of the world’s strictest policies against bitcoin and other digital assets. The new rules would criminalize the possession, issuance, mining, trading

News  •  Bitcoin  •  Mar 14, 2021
WisdomTree Joins Bitcoin ETF Race with New Filing
WisdomTree Joins Bitcoin ETF Race with New Filing

New York fund management company WisdomTree Investments is the latest contender to join the race to launch the first Bitcoin ETF in the United States. The filed an S-1 form with the Securities and Exchange Commission (SEC) on March 11th, in hopes of gaining approval for the launch of its

News  •  Business  •  Mar 11, 2021
Grayscale Halts Trading of GBTC as Fund Trades at a Discount
Grayscale Halts Trading of GBTC as Fund Trades at a Discount

Asset manager Grayscale halted trading on Grayscale Bitcoin Trust (GBTC), the world’s largest publicly-tradable bitcoin investment vehicle. The web page describing GBTC on Grayscale’s website now displays the following message: The Grayscale® Bitcoin Trust private placement is offered on a periodic basis throughout the year and is currently

News  •  Markets  •  Mar 09, 2021
Chinese Public Firm to Buy $155M of Bitcoin Mining Hardware
Chinese Public Firm to Buy $155M of Bitcoin Mining Hardware

Zhongjia Bochuang (ZJBC), a Chinese publicly-traded information and communications firm with a market cap of $900 million, announced plans to dive right into the Bitcoin mining space. According to a March 9th report by local industry news outlet Chain News, ZJBC announced plans to buy $155 million of Bitcoin mining

News  •  Business  •  Mar 09, 2021
German Bank Donner & Reuschel to Launch Bitcoin Services
German Bank Donner & Reuschel to Launch Bitcoin Services

Donner & Reuschel, a private bank in Germany founded in 1798, is planning to launch crypto asset services. Finance Magnates reported on March 9 that Donner & Reuschel announced plans to launch a suite of crypto asset services, including bitcoin trading, digital asset custody, and asset tokenization. The bank reportedly

News  •  Business  •  Mar 08, 2021
JPMorgan Plans to Launch Basket Product of Companies with Exposure to Bitcoin
JPMorgan Plans to Launch Basket Product of Companies with Exposure to Bitcoin

A number of SEC filings on Tuesday reveal plans by JPMorgan to launch what it calls a "Cryptocurrency Exposure Basket," a basket of 11 stocks by companies considered to have some exposure to Bitcoin and cryptocurrencies. According to the documentation, the included U.S.-listed stocks were selected

News  •  Business  •  Mar 08, 2021
Bitcoin Bull Market Spurs China's Investors to Action
Bitcoin Bull Market Spurs China's Investors to Action

Chinese companies are racing to raise funds and enter into or expand their existing operations in the Bitcoin space, largely thanks to Bitcoin's recent price action. Reuters reported on Tuesday that Chinese Bitcoin mining application-specific integrated circuit (ASIC) producer Ebang based $170 million in two separate funding rounds

News  •  Bitcoin  •  Mar 08, 2021
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