With this launch, the CBA will become the first bank among its peers in Australia to enable crypto trading in this form.
CapitalG founder and top executive David Lawee said backing DCG was a way of backing a “potential winner in crypto financial services.”
Adding spice to its customer loyalty program BK Royal Perks, Burger King has announced crypto rewards to its customers in Bitcoin, Ethereum, and Dogecoin.
Before the Chinese crypto crackdown happened back in September, Theil cautioned the US government that it could become a “Chinese financial weapon.”
Meanwhile, the Bitcoin mining ecosystem has regained its balance from the crackdown on miners which pushed mining difficulty to record lows.
During Bitcoin’s recent price rally which saw it climb to an all-time high of almost $67,000, volatility measured over 260 days dropped to around 66.
As concerns over their energy usage continue to rage, Bitcoin miners have been forced to change their tactic and find renewable energy sources that can be used to mine the coin.
The world’s largest BTC fund, Grayscale is baking on SEC approval for a spot Bitcoin ETF instead of the recently launched futures ETFs.
MicroStrategy now owns 114,000 Bitcoins in total and said that the company will continue to raise additional capital to continue further with its Bitcoin strategy.
Crypto.com is looking to ensure recognition in the crypto space and outside of it, by pumping $100 million into advertising efforts.
Twitter has seen the number of monetizable users rise by 13 percent to 211 million users YoY basis.
BTCR comes on the heels of the NYSE Arca-listed Bitcoin futures ETF launched by investment company ProShares last week.
According to Bukele, BTC will help to reduce the cost of remittance from Salvadoran migrants who are now living overseas.
The SEC seemingly has no appetite for non-regular ETF filings and may have struck down filings from Valkyrie and Direxion.
Aware of the market uncertainty of Bitcoin, Jenkin also confirmed that he is not worried about the cryptocurrency’s price fluctuations.