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.”
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.
BNB holders transferred over $400 million worth of BNB tokens in 24 hours to benefit from cross-chain gaming project Portal’s upcoming airdrop, Arkham Intelligence noted.
The Anti-Money Laundering Authority is part of a broader effort by the European Union to combat illicit fund flows, and is ready to begin work as early as Friday, officials said Thursday.
The new offering will expedite the process of large and non-standard transactions.
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 token was up amid broader optimism surrounding AI spilling over into crypto.
Multiple outlets have reported other platforms such as Kraken and Binance have also been blocked under government orders.
Inflows into the 10 spot bitcoin exchange-traded funds dropped to a two-week low on Wednesday, with the group attracting only about a net 500 bitcoin, some $25.5 million, data collected from the issuers’ websites shows.
“Bitcoin has failed on the promise to be a global decentralised digital currency and is still hardly used for legitimate transfers. The latest approval of an ETF doesn’t change the fact that Bitcoin is not suitable as means of payment or as an investment,” two ECB officials wrote in a blog post.