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NEWS

MicroStrategy’s Bitcoin Investment Rakes in Over $800 Million in 2024

The resilient surge in Bitcoin’s value has propelled MicroStrategy, an American software technology firm, to record-breaking gains, amassing over $800 million in profits from their BTC investments in 2024. According...
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SEC Sends Prompt Feedback to Bitcoin ETF Hopefuls, Indicating Quick Turnaround

The U.S. Securities and Exchange Commission (SEC) swiftly responded to amended S-1 forms submitted by potential Bitcoin ETF issuers on Monday. Despite some interpreting this as a delay signal, experts...
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Coinbase Ventures into EU Derivatives Market

Coinbase, the leading U.S. cryptocurrency exchange, is eyeing the lucrative European Union market, revealing plans to introduce crypto-linked derivatives. The company disclosed its exclusive agreement to acquire an unnamed holding...
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Spain’s Central Bank, Banco de España, Teams Up with Collaborators for CBDC Trials

Spain’s central bank, Banco de España, recently revealed its chosen collaborators for advancing their exploration into central bank digital currency (CBDC) experiments. A year following an open call for partners,...
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Celsius Network to Unstake Ethereum Holdings for Creditor Asset Distribution

In according to reports, Celsius Network, the bankrupt crypto lender, has unveiled plans to unstake its current Ethereum holdings. The announcement, conveyed through a tweet, revealed Celsius Network’s initiation of...
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Gamma Strategies Under Scrutiny: Security Incident Spurs Caution Among Ethereum Investors

Gamma Strategies, an Ethereum-based asset management protocol, has been thrust into the spotlight following an alarming security incident. An exploit detected by blockchain investigator PeckShield revealed a potential loss of...
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Matrixport Analyst Foresees SEC Rejecting Bitcoin Spot ETF Proposals Amid Compliance Concerns

Matrixport analyst Markus Thielen diverges from market expectations, predicting that the Securities and Exchange Commission (SEC) will dismiss all bitcoin spot ETF proposals in January. Despite recent interactions between filers...
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MicroStrategy’s Michael Saylor to Trade Stock Options for Bitcoin Purchase

Michael Saylor, the co-founder of MicroStrategy, recently unveiled plans to convert $216 million worth of stock options into Bitcoin. The revelation surfaced in a filing submitted to the U.S. Securities...
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Grayscale’s Bitcoin ETF Application Raises Eyebrows Amid Missing Participant Details

Image credits: coinmarketcap Cryptocurrency asset manager Grayscale has stirred speculation after an amended filing for a Bitcoin exchange-traded fund (ETF) excluded crucial details about its authorized participants, raising concerns among...
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Orbit Chain’s Cross-Chain Bridge Hack Pushes Crypto Theft in December 2023 to Nearly $100 Million

In the recent attack on Orbit Chain’s cross-chain bridge, the cryptocurrency stolen in December 2023 surged to nearly $100 million, as confirmed by blockchain security firms. PeckShield, a blockchain security...
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