Sun, July 26

Digital Currency Group Records $210 Million in Q4 2023 Revenue

The company’s revenue reached $210M in the Q4 of 2023, a 59% rise in comparison to the same time the previous year, Digital Currency Group (DCG) said Monday in a letter to shareholders. The parent business of Grayscale Investments attributed the increase in revenue on rising asset values, especially bitcoin.

February 12, 2024 2 mins read

Grayscale Analysts Debunk Bitcoin Halving Price Surge Predictions

In about two months, in the middle of April 2024, Bitcoin will see a significant update that will halve the reward given to miners for successfully completing a block. The occurrence, which is often referred to as a “halving,” is generally seen as positive for Bitcoin’s value because of the

February 12, 2024 1 min read

Bitcoin (BTC) Hits an All-Time High in 2024! But It’s Not What You Think

In Argentina, Bitcoin (BTC) has surged to an all-time high, reaching an unprecedented value of ARS 40,378,016 ($48,705.62), according to CoinGecko data. This surge comes amidst the country’s grappling with a severe economic crisis, witnessing the peso’s value plummeting by a staggering 99% against the U.S. dollar since the onset

February 12, 2024 1 min read

Bitcoin Dominates Super Bowl Spotlight: Here’s Why

Bitcoin is dominating headlines in the crypto community, especially amid the excitement of the Super Bowl festivities in the US. Crypto netizens’ focus is not on the game but has also turned to influential figures showing support for the largest cryptocurrency by market capitalization. Talking of it, Twitter Founder Jack

February 12, 2024 2 mins read

Crypto Companies Skip Super Bowl Ads for Second Year 

The Super Bowl, one of the biggest events for marketing events in the US, will have no crypto ads for the second year in a row. Most major crypto companies, including Coinbase, Kraken, and Bitcoin spot ETF providers, have decided to skip the advertising opportunity, citing various reasons. The main

February 11, 2024 2 mins read

Urgent Need for Crypto Regulation in Nigeria Emphasized by Expert

Cryptocurrency regulation is necessary to reduce financial crimes, particularly money laundering, says Adedeji Owonibi, Co-founder of A&D Forensics, a blockchain intelligence service provider in Nigeria. At a Blockchain and Digital Forensics firm’s training for crypto compliance professionals on February 9th, Owonibi brought this up. He brought out the fact that

February 11, 2024 1 min read

New Spot Bitcoin ETFs Surpass MicroStrategy in BTC Holdings 

Nine newly launched spot Bitcoin ETFs have accumulated more Bitcoins than MicroStrategy, the leading corporate investor in the cryptocurrency. The ETFs, which were approved by the US Securities and Exchange Commission (SEC) on January 10, 2024, have bought 216,309 Bitcoins, worth $10.3 billion, in just 20 days. HODL15Capital, a self-styled

February 11, 2024 2 mins read

ARK21 Shares Spot Bitcoin ETF ‘ARKB’ Hits $1B AUM Milestone

At long last, the spot Bitcoin ETF that ARK Invest and 21Shares launched has entered the ranks of products with $1 billion in AUM. More than $1 billion worth of Bitcoin was recorded in 21Shares’ ARKB, its joint spot Bitcoin ETF with ARK Invest, as of February 9, according to

February 11, 2024 1 min read

Robert Kiyosaki Warns of U.S. Financial Peril, Advocates Bitcoin

Robert Kiyosaki, a famous author and financial expert, has delivered a dire warning about the current status of the United States empire. He brought attention to the mounting national debt and said that Bitcoin (BTC), together with gold and silver, may be the solution. The investor went on to say

February 10, 2024 1 min read

SEC Chair Gary Gensler Proposes Whopping $2.4 Billion Budget

SEC Chair Gary Gensler has requested a record-breaking $2.4 billion in funding for the agency. With this money, Gensler plans to add 170 jobs to the agency’s workforce, with a focus on the crypto and cyber divisions.  Moreover, in the midst of this ambitious initiative, there have been indications of

February 10, 2024 1 min read