In March 2022, the US Labor Department expressed serious concerns about the involvement of cryptos in retirement plans.
There are speculations that the price drop is traceable to further tension from Russia’s invasion of Ukraine and also the US Federal Reserve interest adjustment policy.
Despite the rapid acceptance of Bitcoin by local and federal governments, experts still say that cryptocurrencies do not fit to be legal tenders.
Scaramucci opined that the SEC does not have a one-market clearing for all buys and sells, hence their concern for price manipulation.
The company recently spent an additional $200 million to acquire Bitcoin, sending its total holdings to 130,000 BTC.
The proposed CBDC will not replace the Mexican Peso, rather, it will serve as a complement to the existing fiat money.
The company has a huge presence around Europe. With the European Union block ready to adopt crypto, companies are preparing to take up emerging opportunities.
The SEC’s approval for a GBTC Bitcoin spot ETF is a “matter of ‘when’ and not ‘if’”, according to Grayscale CEO Michael Sonenshein.
In January the asset management company also filed with the SEC for approval on a Web 3-focused ETF.
Tesla said that its Q1 2022 holdings of Bitcoins remain unchanged. Furthermore, it didn’t report any losses as the BTC price during the start and the end of the quarter was the same.
The first Australia Bitcoin ETF will not take the usual route like other ETFs. Rather than investing directly in Bitcoin, the Fund will invest in shares of Purpose Investment’s Bitcoin ETF.
The Secret Service explained that the fraudsters posted fake ads for luxurious items that do not exist on popular online auctions and sales websites.
Bitcoin is showing signs of bounceback after a strong correction earlier this week. However, analysts predict that the chances of Bitcoin going lower could be higher from here.
MetaMask says that its new “Snaps” will allow users to enjoy features from other networks including Bitcoin.
Since the launch, the Gemini credit card has recorded over 500,000 signups on its waitlist.