SEC comes around on Bitcoin ETFs
Oversight by the American commodities regulator of the Bitcoin futures ETF by Teucrium helped with the SEC approval.
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Bitcoin down amid crypto carnival in Miami
News of officials planning to shrink the Fed’s balance sheet by US$95 billion a month weighed on risk assets globally including Bitcoin which dropped about 5% Thursday early morning Asia time. See related article: Bitcoin, crypto market on the rise along with global markets Fast facts Bitcoin fell as much as 4.7% on sell off…
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Lightning Labs raises $70m to bring stablecoins to Bitcoin
Lightning Labs raised $70 million in series B funding to build a stablecoin and asset protocol on the Bitcoin network. See related article: Will the growing regulatory heat on stablecoins stifle innovation? Fast facts Investors include Valor, Baillie Gifford, Goldcrest, Kingsway, Stillmark, Brevan Howard, NYDIG, and others. Elizabeth Stark, co-founder and CEO of Lightning Labs,…
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How Bitcoin could become the collateral layer for the digital asset economy
Bitcoin is now a reserve asset for Terra’s UST. What does this portend for the $186 billion stablecoins market?
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Terra’s US$10 billion Bitcoin Bet Sends LUNA to Record High
Terra’s LUNA, the eighth largest cryptocurrency by market capitalization, reached a new all-time high of US$106.14 on Tuesday early afternoon Asia time, following a US$135 million purchase of Bitcoin.
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Gaming fintech firm enables Bitcoin tips for streamers
Gaming fintech ZEBEDEE launched ZBD Streamer on Tuesday, enabling content creators to collect Bitcoin tips while live streaming on online platforms including Twitch and YouTube. See related article: PlayNFT plug-in to enable streamers to offer NFTs on Twitch Fast facts Viewers can send tips using a Bitcoin Lightning wallet, with an option to send custom…
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Bitcoin ETF rejection could trigger Greyscale to sue the SEC
Greyscale Investments might sue the U.S. Securities and Exchange Commission (SEC) if its filing to convert its US$30 billion Bitcoin trust into an exchange-traded fund (ETF) is rejected, company CEO Michael Sonnenshein told Bloomberg. See related article: Bitcoin price hits all-time high after ProShares ETF debut Fast facts The SEC’s deadline to approve or reject…
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Mt. Gox may return Bitcoin worth over $6 billion, Karpeles says
The Japanese trustee for Mt. Gox is likely to distribute the remaining trove of Bitcoins held by the defunct cryptocurrency exchange sooner than later, former CEO Mark Karpeles tells Jake Adelstein in an exclusive interview for Forkast.
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Bitcoin crosses $47,000 mark as crypto surges in Monday’s market
Bitcoin, the largest cryptocurrency by market capitalization, crossed US$47,000 on Monday Asia time after a sudden spike, the first time since early January. See related story: Bitcoin wakes up to pass $40,000 before going back to sleep Fast facts Bitcoin has traded below US$45,000 since January, but broke out to trade at US$46,823 on Monday…
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Bitcoin, crypto market on the rise along with global markets
Volatility has been the name of the game in the past few months, but experts tell Forkast that may be coming to an end.