Reddit Discloses Bitcoin and Ether Holdings in IPO Filing
Reddit has submitted a filing with the Securities and Exchange Commission (SEC) to go public on the New York Stock Exchange under the ticker symbol “RDDT.”
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Reddit has submitted a filing with the Securities and Exchange Commission (SEC) to go public on the New York Stock Exchange under the ticker symbol “RDDT.”
NYC-based Bitcoin enthusiasts, as well as the crypto-curious, now have a place to nerd out, discuss and learn about Bitcoin.
The price of bitcoin (BTC) has not been moving as closely in relation to flows in and out of the spot ETFs as it previously did, according to JPMorgan.
The new offering will expedite the process of large and non-standard transactions.
ECB Director General Ulrich Bindseil and advisor Jürgen Schaaf are definitely against bitcoin, but their reasons don’t make a lot of sense.
Increased retail activity comes ahead of the three main catalysts in the coming months: the bitcoin halving, the Dencun upgrade of the Ethereum blockchain and the potential approval of spot ether ETFs, the report said.
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The U.S. SEC’s approval of multiple spot ETFs and the billions of dollars that have poured in since doesn’t make Bitcoin a good investment or a better means of payment, the central bankers said in a blog post.
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28.
Bitcoin price can reach as high as $150,000 this year fueled by ETFs, halving and Fed rate cuts, Fundstrat’s Tom Lee said.