The Bitcoin news category covers news related to the cryptocurrency Bitcoin (BTC) and its blockchain. You will see a compiled section of news solely dedicated to all things Bitcoin. Stay on track with the latest developments on Bitcoin. This includes updates in BTC price changes, Bitcoin market capitalization updates, breaking news on Bitcoin, and more.
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According to Elliptic, a blockchain analytics company, there is “no evidence” that Hamas is using crypto donations to finance attacks against Israel. Elliptic issued a statement on October 25 denying claims that Hamas had received large amounts of cryptocurrency donations. “Remain tiny,” the company said of the funds raised. The
The benefits of Grayscale Investment’s bitcoin trust (GBTC) as a long-term investment are widely acknowledged by market professionals and analysts, who are thus optimistic. The price of GBTC could continue to climb as the discount decreases. And the prospect of SEC approval of the ETF conversion grows. As the likelihood
Bitcoin, the largest cryptocurrency by market capitalization, has sent the entire community into a joyful frenzy with its remarkable bull run, a sight unseen for over a year. Bears had held sway since the beginning of the year, thwarting the attempts of the bulls to stage a comeback. However, last
The U.S SEC filed charges against BlackRock Advisors, LLC today for failing to provide information about investments that make up a substantial component of a publicly listed fund it advises. A notification from the SEC was issued confirming this. The investments are focused mostly on the media and entertainment sector.
To enter the cryptocurrency indices market, Grayscale Investments has teamed up with FTSE Russell, a division of the London Stock Exchange. A new offering called the Crypto Sector Index Series is in the works. There will be many indices in this series, each one dedicated to a distinct kind of
In light of the recent market upsurge caused by speculation about the launch of a spot BTC ETF, ARK Investment led by Cathie Wood sold shares of the Grayscale Bitcoin Trust (GBTC). The ARK Next Generation Internet ETF (ARKW) sold 100,739 GBTC shares on 23 October for $2.5 million. This
Star stock picker Cathie Wood expressed growing confidence that U.S. regulators will finally approve a Bitcoin ETF after years of rejections. In a recent interview, the Ark Invest CEO revealed her firm has been engaged in communications with the SEC regarding Ark’s spot Bitcoin ETF application. Wood views this as
The cryptocurrency community is jubilant as Bitcoin, the largest cryptocurrency by market capitalization orchestrated a remarkable bull run, marking a historic milestone for the year. BTC surged past the $35,000 mark, a level not witnessed in nearly 16 months. The bullish momentum of Bitcoin commenced at the beginning of the
Inflows of $66 million have been reported in crypto investment products for the fourth consecutive week, as hopes build that the United States SEC would approve a spot Bitcoin ETF. This recent infusion brings the total amount of funds in crypto investment products to $33 billion. Many cryptocurrencies have lately
MicroStrategy has placed a large wager on Bitcoin, and the company’s founder and chairman, Michael Saylor, is not shy about praising the move. Saylor, using his twitter account, posted a comparison graphic highlighting the advantages of using Bitcoin as the X treasury reserve asset (TRA) compared to other major financial
