US Presidential candidate wants to back USD with BTC, Tesla still holds bitcoin and Nasdaq stops crypto plans
Nasdaq Halts Crypto Custody Plans Amid Tough US Regulatory Environment Adena Friedman, CEO of Nasdaq, the international securities marketplace, announced that the firm is postponing its cryptocurrency custody plans due to the United States’ “regulatory environment.” During a Q2 earnings call, Friedman disclosed that Nasdaq aimed to launch the service last quarter, but it has […]
UK regulator closes 18 ATM’s, Grayscale resolves lawsuit with Fir Tree and Cboe collaborates with Coinbase for ETF’s
Photo by Kanchanara on Unsplash Grayscale resolves lawsuit with Fir Tree over proposed changes to Bitcoin Trust Grayscale Investments has reached an agreement with New York-based investment firm Fir Tree Capital Management over its Bitcoin Trust. According to a July 11 announcement from Fir Tree, Grayscale agreed to provide additional documentation related to its Bitcoin Trust (GBTC) after Fir Tree […]
Fidelity to file for bitcoin ETF, miners send BTC-record to exchanges and Bitfinex launches P2P platform
Photo by Traxer on Unsplash Fidelity about to file its own bitcoin ETF, following BlackRock’s application Major asset manager Fidelity is preparing to submit its own application for a spot bitcoin exchange-traded fund (ETF), joining other big money asset managers such as BlackRock. BlackRock had recently submitted its own spot bitcoin exchange-traded fund on the 15th of June, […]
BlackRock, Valkyrie and WisdomTree file bitcoin ETF’s
BlackRock takes giant leap toward spot bitcoin ETF with SEC filing BlackRock took a giant leap toward a spot bitcoin ETF, filing a registration statement with the U.S. Securities and Exchange Commission on Thursday. Known as the the iShares Bitcoin Trust, the Delaware statutory trust will hold assets primarily consisting of bitcoin held by a custodian designated as Coinbase […]
CZ refutes claim that Binance sold BTC and BNB, Strike expands to Mexico and Congress pushes for clear crypto rules
Photo by Kanchanara on Unsplash Strike expands lightning powered cross-border payments to Mexico Digital payments firm Strike is expanding its Lightning Network-based cross-border payments service to Mexico, the largest market for remittances from the U.S., which accounts for around 95% of total remittances received by Mexicans from abroad, according to the company. The service, Send Globally, will be available in […]
Tether starts mining in Uruguay, BTC at a 20% discount on Binance Australia and anti-mining bill Texas denied
Tether Empowers Green Bitcoin Mining in Uruguay Tether, the prominent stablecoin issuer, has made an exciting revelation. They have unveiled their intention to venture into the realm of Bitcoin mining, and the chosen destination for this endeavor is none other than Uruguay, a country nestled in South America. In their recent announcement on May 30, Tether declared their plans […]
Bitcoin more popular than Solana for NFT’s, Ledger pauses Recovery service and crypto holdings disclosure for Korean officials
Photo by DrawKit Illustrations on Unsplash Bitcoin surpasses Solana to become second most popular NFT blockchain The monthly trading volume of nonfungible tokens (NFTs) and memecoins on Bitcoin in May surpassed Solana’s volume, according to data from CryptoSlam. Bitcoin ordinals trading volume currently stands in second place behind Ethereum, which did $393 million in NFT volume, more than twice that […]
PayPal holds ~$1 billion in crypto, Tether makes $1.5b profit and Singapore bank reports 80% volume increase
Photo by Kanchanara on Unsplash DBS Bank reports 80% increase in bitcoin trading volume As per the reports, DBS Digital Exchange CEO Lionel Lim said that the increase in demand for bitcoin services at the firm is a result of the implosion of crypto exchanges in 2022. Lim stated that DBS continues to observe an increase in volume. “DBS […]
Coinbase to launch international exchange, Bhutan raises $500 million for BTC mining and Fed increases
Photo by Amjith S on Unsplash Coinbase debuts with international exchange The largest U.S.-based cryptocurrency exchange launched the Coinbase International Exchange, which will be open to institutional investors outside the U.S., following tension with the Securities and Exchange Commission over the past few weeks. Institutional investors will be able to trade perpetual bitcoin and Ethereum perpetual futures with […]
Intel stops producing miners, Trezor integrates Wasabi CoinJoins and MicroStrategy implements lightning
Photo by Kanchanara on Unsplash Intel discontinues bitcoin mining chip series Chipmaking heavyweight Intel is ending production of its bitcoin mining chip series, the company said in a statement to CoinDesk on Tuesday. “As we prioritize our investments in IDM 2.0, we have end-of-lifed the Intel Blockscale 1000 Series ASIC [application specific integrated circuit] while we continue to […]