According to the latest nonfarm payrolls statistics from the Bureau of Labor Statistics, the United States supposedly gained 216,000 jobs in December. The number of employment created in December was higher than the 199,00 positions added in November, according to the figures released on Friday. More jobs were created in
The mining operation run by Marathon Digital Holdings set a new monthly record for Bitcoin output in December 2023. In December, the corporation mined 1,853 Bitcoin, which is a 290% rise over December 2022 and a 56% increase from November. Furthermore, the firm considers this to be the greatest monthly
Q4 2023 saw record highs across the board for digital asset markets as institutional investors amplified their bullish positions in preparation for the anticipated approval of a spot Bitcoin ETF in the U.S. Increased optimistic mood prompted by several reasons contributing to good on-chain metrics is detailed in a new
A modification to the Credit Finance Act has been suggested by the Financial Services Commission (FSC) of South Korea, which would significantly limit the use of credit cards for crypto transactions. This is an effort to prevent the possible misappropriation of money and speculative activity. The main goal of the
In regards to a possible involvement in its planned spot Bitcoin ETF, crypto asset manager Grayscale Investments is allegedly in discussions with companies like JPMorgan and Goldman Sachs. Sources close to the situation told Bloomberg on January 4 that Grayscale had discussions with both investment banks about the role. It
Popular Bitcoin critic and gold advocate Peter Schiff has cautioned BTC supporters to be wary of getting their hopes up in the face of mixed reactions to the prospect of the first spot Bitcoin ETF in the U.S. The potential disastrous effect of spot Bitcoin ETFs on the price of
Matrixport, a platform that specializes in financial services for the cryptocurrency industry, recently shocked the community with a wild prediction about the price of Bitcoin and the SEC’s position on the highly anticipated Bitcoin Spot ETF ruling. Moreover, their most recent report indicates that all Bitcoin spot ETFs are expected
Michael Saylor, executive chairman of MicroStrategy, has started selling $216 million worth of shares in his business over the course of four months. He had previously said that some of the proceeds will go into purchasing additional Bitcoin. Saylor revealed in a statement with the U.S SEC on January 2
As optimism grows that the U.S.-based spot bitcoin ETFs will soon get regulatory clearance, the price of bitcoin momentarily climbed above $45,500 in the last 24 hours. Centralized exchanges saw a large liquidation of short positions due to the recent price surge. The bulk of the more than $81 million
Tuesday saw Grayscale Bitcoin Trust file yet another updated S-3 filing to the SEC in the United States. In light of the fact that the window for the possible approval of a spot Bitcoin ETF opens between January 5 and 10, 2024, this third amendment seeks to transform GBTC into
