A U.S. Space Force officer recommended the U.S. Department of Defense (DOD) to adopt Bitcoin as an offset strategy to prevent cyberattacks, investigating the national strategic importance of PoW systems. This grabs major attention from the markets and experts such as Ark Invest CEO Cathie Wood and pro-XRP lawyer John Deaton.
Bitcoin Adoption Prospects By US Department of Defense
U.S. Space...
Blockstream co-founder and CEO Adam Back has reiterated the fact that many experts are beginning to take cognizance of MicroStrategy Inc.’s constantly increasing Bitcoin per share.
Based on this, he advised that investors to buy MicroStrategy stock with Bitcoin.
MicroStrategy is Winning
Back’s X post came as a reaction to an earlier insight from Ecoinometrics which pointed out that the...
The world’s leading crypto asset manager Grayscale is confident that the US SEC to approve a conversion of its GBTC to a spot Bitcoin ETF soon. As regulatory approval of a spot Bitcoin ETF in the U.S. is a matter of “when”, not “if” now, Grayscale executives address some questions about GBTC uplisting as an ETF.
Grayscale Executives On GBTC Unlocking $2 Billion In Value
Grayscale chief leg...
Crypto asset management firm Hashdex has filed an updated Bitcoin futures ETF application with the U.S. Securities and Exchange Commission (SEC). Meanwhile, the window for potential approval of spot Bitcoin ETF looms in the early weeks of January as the SEC published Franklin Templeton and Hashdex applications to the Federal Register.
Hashdex Updates Spot Bitcoin ETF Application
Hashdex ha...
Grayscale Investments has announced the appointment of John Hoffman, previously of Invesco, as its new Managing Director and Head of Distribution and Partnerships. This move comes at a crucial time for Grayscale, as the firm intensifies its efforts to launch a spot Bitcoin exchange-traded fund (ETF). With his extensive experience in the ETF space, Hoffman is expected to play a vital role i...
Bitcoin bulls held strongly above key support levels to lift BTC price above $38,000. The market sentiment is bullish amid several factors including spot Bitcoin ETF, dovish US Federal Reserve, and Bitcoin halving, with bulls having the overall near-term technical advantage.
The crypto fear and greed index remains range-bound between 70-74, indicating bullish sentiment from retail and inst...
The crypto prices today were in the positive territory, after witnessing volatile trading lately, as investors took a cautious stance to assess the current economic health and other relevant factors. Notably, the digital asset space witnessed a mixed sentiment throughout the week amid regulatory hurdles and other factors have weighed on the investors’ sentiment.
However, the start of Decem...
Anthony Scaramucci, the founder of SkyBridge Capital, is quite optimistic about the U.S. Securities and Exchange Commission (SEC) approving the spot Bitcoin ETF filings. This comes after the SEC officials’ meeting with representatives from Blackrock over the potential ETF approval.
Meanwhile, the Bitcoin Price (BTC) is maintaining the $37,000 level ahead of the Christmas holiday season.
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AntPool, a Bitcoin mining entity, has announced its intention to refund a $3 million transaction fee. This fee, initially perceived as an error, was part of a Bitcoin transaction processed last week. AntPool’s decision comes as a relief to the user who mistakenly paid this exorbitant amount. The mining giant’s risk control system played a crucial role, having frozen the fee immediately upo...
A spot Bitcoin exchange-traded fund (ETF) approval by the U.S. Securities and Exchange Commission (SEC) is most awaited not just by the crypto market, but also traditional financial services industry. While SEC Chair Gary Gensler remained silent on prospects of spot Bitcoin ETF approval, his post on X raised speculation of a forthcoming approval.
Bloomberg ETF Analyst Clears Air On Gary Gen...
