A significant legal milestone has been achieved that could soon lead to the debut of the first spot Bitcoin ETF. Grayscale, a leading cryptocurrency asset management company, has secured a pivotal court ruling in its favor against the U.S. Securities and Exchange Commission (SEC). … [Read more...] about Grayscale gains momentum: court decision paves way for first spot bitcoin ETF
Europe treads the Bitcoin ETF path: a sign of maturing crypto markets
In a move that signals the continued integration of cryptocurrencies into mainstream financial systems, Europe has unveiled its very first Bitcoin ETF. The Euronext Amsterdam Exchange, a prominent stock exchange located in the heart of Europe's financial domain, has become the launchpad for this innovative investment vehicle. This development comes as part of a larger trend of … [Read more...] about Europe treads the Bitcoin ETF path: a sign of maturing crypto markets
RFK Jr. advocates for bitcoin-backed dollar and tax abolition
In a recent groundbreaking announcement, Robert F. Kennedy Jr. (RFK Jr.) has suggested a revolutionary approach to modern financial systems – the backing of the US dollar with Bitcoin. This unprecedented move, as reported by TheStreet, would not only give a new foundation to the world's most used currency but also align it with the digital age's most prominent cryptocurrency. … [Read more...] about RFK Jr. advocates for bitcoin-backed dollar and tax abolition
Bitcoin ETFs: potential game-changer amid muted market activity
Bitcoin exchange-traded funds (ETFs) have been seen as a mirage in the cryptocurrency world, with numerous applications denied or withdrawn due to regulatory concerns. However, recent events suggest a tide change could be on the horizon. … [Read more...] about Bitcoin ETFs: potential game-changer amid muted market activity
BlackRock files for bitcoin ETF
BlackRock, the world’s largest asset manager, filed an application to register a spot bitcoin exchange-traded fund (ETF) with the United States Securities and Exchange Commission. … [Read more...] about BlackRock files for bitcoin ETF
Tether will invest up to 15% of its profits into bitcoin
Tether, issuer of the most widely used stablecoin, will use up to 15% of its net realized operating profits to buy bitcoin in an effort "strengthen and diversify" the reserves that back USDT. … [Read more...] about Tether will invest up to 15% of its profits into bitcoin
El Salvador passes a digital assets law paving the way for bitcoin bonds
The Legislative Assembly of El Salvador approved on Wednesday a bill for the issuance of digital assets which paves the way for the issuing of president Nayib Bukele’s bitcoin bonds. … [Read more...] about El Salvador passes a digital assets law paving the way for bitcoin bonds
Emirates to accept bitcoin as payment method
Emirates, the flag carrier of the United Arab Emirates (UAE), announced its plans to integrate bitcoin as a payment service while adding NFT collectibles on the company’s websites for trading. … [Read more...] about Emirates to accept bitcoin as payment method