On Monday morning, Bitcoin exceeded $41,000 for the first time in 19 months, as the crypto market grows on ETF expectations and bets on dovish Fed.
Chairman and founder of MicroStrategy Michael Saylor, announced the company acquired an additional 155 bitcoin for $5.3 million, bringing its total bitcoin holdings to 158,400 BTC. Just over a month prior, the company had purchased 5,445 bitcoins for $147.3 million, positioning itself for significant gains as the price of bitcoin surged in October, reaching $35,000 […]
Despite the legal victory of Grayscale, it’s too early for spot Bitcoin ETF proponents to cheer
After the SEC found flaws in the original filing, BlackRock, the world’s largest asset manager, refiles for a spot Bitcoin ETF approval. The US$9.09 trillion asset manager has submitted a revised application to the United States Securities and Exchange Commission (SEC) for a spot market Bitcoin exchange-traded fund (ETF). The amendments come in response to […]
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