MicroStrategy Increases Its Bitcoin (BTC) Holdings by 10%, Spends Roughly $600M on Asset
Business intelligence firm MicroStrategy (MSTR) may be living up to its reputation as the largest corporate holder of Bitcoin (BTC).
This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
Business intelligence firm MicroStrategy (MSTR) may be living up to its reputation as the largest corporate holder of Bitcoin (BTC).
Tesla opens up bookings for its much-awaited Cybertruck with the rear-wheel drive version starting at $60,990 and a starting 250 mile range.
As a Democratic-affiliated SEC Commissioner, Gary Gensler has shifted his regulatory role to a politician seeking to be appointed as Treasury Secretary according to some Congressmen.
Novogratz is not the only expert who expects Bitcoin price to skyrocket soon. One of the main reasons is that long-term holders are not selling off their positions
Pando has named the Bank of New York Mellon as the official administrator of the ETF.
The correlation between Bitcoin price action and the stock market has continued to widen amid ongoing crypto regulatory pressures in the United States.
Grayscale is hoping that the proposed changes to GBTC’s Trust Agreement would help both the company and GBTC to achieve operational efficiencies.
Reddit initially filed for an IPO in December 2021 and was expected to make its public debut the following March.
The revised proposal allows the ETF to utilize both in-kind and cash mechanisms. The ETF plans to store Bitcoin in cold storage, with custody services provided by Coinbase Custody Trust.
While the proposal to end the partnership may have come from Apple, the tech company will benefit the least.
The update from the SEC appears to suggest that it plans to approve all Bitcoin exchange-traded funds (ETFs) at once.
To address concerns businesses raise regarding the security and privacy of AI assistants, Amazon said it had taken a proactive approach with Q.
Ark Invest seems to be rearranging its investment portfolio and has continued to sell huge amounts of Coinbase, while acquiring Robinhood shares.
Shein has hired three US-based financial companies – Goldman Sachs, JPMorgan Chase, and Morgan Stanley – as underwriters for the upcoming IPO.
COIN is presently trading at $119 after closing at $115 on November 27, which is the highest close since May 2022. The price now has minimal resistance ahead as it is moving toward $130, the May 2022 high.