El Salvador’s BTC Bet Is $13M in Profit as Bitcoin ETF Approval Approaches
El Salvador is sitting on a $12.6 million unrealized profit on its bitcoin investment after being in the red for two years.
First Mover Americas: Bitcoin Holds Above $46K Amid ETF Anticipation
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
U.S. Arrests ‘Bitcoin Rodney,’ Alleged HyperVerse Crypto Scheme Promoter, on IRS Charges of Fraud
Rodney Burton was arrested on Friday in Florida and will be transferred to Maryland.
BlackRock, VanEck and Others Update Bitcoin ETF Filing Within Hours of Quick SEC Response
BlackRock and VanEck, two among 13 issuers hoping to launch bitcoin exchange-traded funds (ETFs) in the U.S., have filed updated documents on Tuesday.
‘Grayscale Discount’ Sinks to Lowest in 18 Months on Bets for GBTC Conversion to Bitcoin ETF
Data shows the discount fell to as low as 5.6% on Monday, reaching a level previously seen in June 2021.
DeFi Identity Should Be Focus of U.S. Policymakers, CFTC Says
The Commodity Futures Trading Commission wants U.S. policymakers to evaluate options for regulating the issue of identity information in decentralized finance, a report published Monday said.
Jim Cramer Now Says Bitcoin Is ‘Topping Out’
Cramer’s picks have the tendency to move in the opposite direction he touts.
BTC Blasts Past $47K as Bitcoin ETF Excitement Gets Feverish
Bitcoin could rally 10%-15% more in case the SEC approves spot bitcoin ETFs, LMAX strategist Joel Kruger noted.
Bitcoin ETFs: The Bear Case
Bitcoin exchange traded funds may not actually be approved, due to the SEC’s long-held concerns about market manipulation. And, if they are, they could change the nature of Bitcoin itself, to the detriment of Satoshi Nakamoto’s original vision, say critics.
Mysterious $1.2M Bitcoin Transaction to Satoshi Nakamoto Sparks Speculations
The wallet receiving the hefty payout is the address that mined the Bitcoin network’s first-ever block reward some 15 years ago, commencing the start of the blockchain.