Bitcoin maximalist Max Keiser also informed that he’s sitting on a staggering 20,000,000% profit on his BTC stash accumulated since 2011.
Robinhood’s clients in the European Union can buy and sell 25 tokens via a commission-free app.
South Korea has long been recognized for its robust blockchain and crypto community.
The bill shows that New Jersey is following New York’s lead by establishing a comprehensive crypto framework.
The consensus within the crypto community is that a green light for a Bitcoin ETF is imminent, with expectations pointing towards an early approval in 2024.
The rise in Bitcoin price and the reduction in production quantity may offer Bitcoin some bullishness but also make it scarcer than gold.
According to Floki, DWF Labs has helped the ecosystem in many ways, including assisting in listing the token on crypto exchanges to make FLOKI accessible to users from around the world.
Market analysts interpret these recent filings as indications of the ongoing collaborative efforts between the SEC and major issuers to navigate the regulatory landscape.
The Deribit exchange has recorded a new yearly high for Bitcoin perpetual futures open interest, a record not seen since BTC’s ATH.
While the SEC has yet to greenlight any spot ETF applications, the new filings lend further credence to the likelihood of a spot Bitcoin ETF approval soon.
As Bitcoin price has rallied past $42,000, the surge in BTC perpetual futures open interest suggests further price rally going ahead.
This integration with established financial institutions is expected to provide substantial support for the crypto sector.
Microstrategy has now realised more than $2 billion in profits directly from its repeated investments in Bitcoin.
The recent Bitcoin price pump to $42,000 has seen El Salvador’s BTC investment currently at a profit of about $3.6 million.
Bitcoin has become one of the top 10 assets in the world by market cap. This places it higher than Tesla, Visa, and Berkshire Hathaway stock.