The Commodity Futures Trading Commission (CFTC)is seeking a dismissal of the lawsuit filed by CME Group against Kalshi’s Bitcoin perpetual futures in a federal court. The Commission asserts that CME does not have standing because the Commission has failed to demonstrate any actual competitive injury caused by its approval of
Bitcoin Beach, the El Zonte village that inspired El Salvador’s Bitcoin venture, appears to be seeing fewer everyday Bitcoin transactions. According to WuBlockchain, Bitcoin Core contributor Jon Atack said a local restaurant told him his Bitcoin payment marked its first such transaction in a month. Staff reportedly said customers now
Bitcoin Reformation by Michael Saylor portrays Bitcoin not merely as an innovative experiment in a currency system based on digital scarcity. Saylor looks at how the system can keep its original ideas intact amid expansion in institutional finance and other areas. The author notes how the culture of Bitcoin formed
Metaplanet transferred 5,014 BTC from one custody address to another within 24 hours, according to the company’s CEO Simon Gerovich. Gerovich assured that Metaplanet has not sold any of its Bitcoin in the process. “It was just a regular custody transfer rather than liquidation,” he added. Metaplanet incurred $8 for
Bitcoin transactions of significant amounts from wallets associated with Strategy and MARA have once again brought focus towards corporate treasury activities in the cryptocurrency space. According to the on-chain analytics firm Lookonchain, there was a transaction amounting to 1,030 Bitcoin worth $66.14 million coming from a wallet associated with Strategy
With the increase in institutional interest in Bitcoin, the focus has now moved from competition in the market to issues regarding the future governance of the Bitcoin network. According to Michael Saylor, Bitcoin is now well-established as a major digital currency. But will face increasing questions about how to make
Jack Mallers has resigned from his position as the CEO of Twenty One Capital due to strategic disagreements with the company’s leadership. Mallers has stated this in a video statement, stating that he and the company’s leadership no longer agreed on the company’s future. He emphasized that it was not
Elon Musk’s latest upgrade, Big Charts, is built on its Smart Cashtags service for stocks and cryptos. It comes with bigger real-time interactive charts for users to view various aspects such as movement in prices, volume of trades, % changes, and more. The assets for which one can see charts
GameStop confirmed that it has not sold the Bitcoin assets it accumulated during the previous fiscal year period. This is according to its latest filing of 10-K. This came about due to speculation that GameStop might sell its accumulated Bitcoin assets. The company had pledged 4,709 Bitcoin to Coinbase Credit
Anthony Scaramucci predicted that Bitcoin could eventually reach $1.5 million per coin within the next fifteen years. The founder of SkyBridge Capital shared this outlook during an appearance on the PBD Podcast discussing Bitcoin’s long-term future. Scaramucci said Bitcoin remains his largest investment position and confirmed he recently increased his
