SEC Rejects Valkyrie, Kryptoin Bitcoin Trusts
The U.S. Securities and Exchange Commission vetoed two proposals to offer bitcoin exchange-traded funds, dealing a blow to market participants who had hoped the agency would green light the effort after approving futures-backed bitcoin funds in Octob.....»»
The US now leads the world in Bitcoin mining following China"s ban
Bitcoin faced a major roadblock earlier this year when China cracked down on cryptocurrency and mining operations. The situation resulted in Bitcoin losing nearly half of its value in just a couple of months but in hindsight, it proved to be more of.....»»
Mark Cuban"s Dallas Mavericks Giving Away Bitcoin for 48 Hours
Mark Cuban's basketball team, the Dallas Mavericks, announced a five-year partnership with Voyager Digital yesterday that makes the company the team's first cryptocurrency brokerage. A report adds: The agreement also includes free Bitcoin for fans th.....»»
Bitcoin is largely controlled by a small group of investors and miners, study finds
It can be difficult to differentiate individual owners from larger groups and exchanges that hold currency for many users, but the NBER was able to skirt this challenge by using a specific data collection method capable of making the distinction. Wha.....»»
Bitcoin"s Price Crashed 87% On Binance.US Thanks To a Bug
An anonymous reader quotes a report from Motherboard: Bitcoin is on a tear, reaching an all time high price of $67,000 for 1 BTC on Wednesday, buoyed by a series of approvals for Bitcoin futures funds on the stock market. But on one major U.S. exchan.....»»
Walmart Shoppers Can Now Buy Bitcoin at 200 Kiosks in Its Stores
Walmart has started a pilot program in which shoppers can buy Bitcoin at Coinstar kiosks in some of its U.S. stores. From a report: The test with Coinstar, which is known for the machines that let customers exchange U.S. coins for paper bills or gift.....»»
Bitcoin reaches new all-time high of nearly $67,000
Bitcoin’s latest run is largely credited to the successful debut of the first US Bitcoin futures exchange-traded fund earlier this week. According to CoinDesk, Bitcoin has generated returns north of 122 percent year-to-date......»»
Bitcoin Hits New All-Time High Above $65K
Bitcoin, the world's largest cryptocurrency by market capitalization, has hit a new all-time high above $65,000. From a report: The crypto broke above its previous high of $64,889 reached in April. Bitcoin is currently changing hands for around $65,6.....»»
What is an ETF? And why is it driving Bitcoin back to record high prices?
The Bitcoin bulls are racing again. A year ago the cryptocurrency was valued at less than US$12,000. Now it has passed the symbolic milestone of US$60,000, nudging the US$63,255 record it reached in mid-April, before its price fell to as low as US$30.....»»
Why a Bitcoin ETF On Futures Might Not Be Such a Good Idea
Tomorrow morning, the ProShare Bitcoin Strategy ETF is scheduled to begin trading. "Before you rush headlong into this market, it's important to understand that there are crucial differences" between an exchange-traded fund that's backed by actual Bi.....»»
US Treasury Says It Tied $5.2 Billion in BTC Transactions To Ransomware Payments
The financial crimes investigation unit of the US Treasury Department, also known as FinCEN, said last week it identified approximately $5.2 billion in outgoing Bitcoin transactions potentially tied to ransomware payments. From a report: FinCEN offic.....»»
Bitcoin Comes To the Big Board
Bitcoin has been on a tear in recent weeks, approaching record high prices above $60,000, as crypto enthusiasts anticipate history in the making. Tomorrow morning, ProShares will launch a long-awaiting exchange-traded fund on the New York Stock Excha.....»»
The Ups and Downs of Bitcoin"s First Month in El Salvador
One month ago El Salvador made bitcoin legal tender in the country. The Motley Fool looks at how it's playing out: Even before the launch, President Bukele's push for Bitcoin was not popular at home or abroad. The IMF refused to help fund the rollou.....»»
Bitcoin Tops $60,000, Rising 50% in 24 Days
Less than a month ago Bitcoin's price was $40,683. Last night it reached $61,369 — a gain of more than 50% in just 24 days. CNN attributes the October surge to "hopes that the Securities and Exchange Commission will soon approve a bitcoin fut.....»»
Jack Dorsey Says Square May Build Open-Source Bitcoin Mining System
Square CEO Jack Dorsey says the company is starting a "deep technical investigation" to create an open-source Bitcoin mining system. It comes as the price of Bitcoin passed $62,000 while threatening to pass the all-time high of $65,000. The Independe.....»»
SEC Said To Allow Bitcoin Futures ETFs As Deadline Looms
The Securities and Exchange Commission is poised to allow the first U.S. Bitcoin futures exchange-traded fund to begin trading in a watershed moment for the cryptocurrency industry, according to people familiar with the matter. Bloomberg reports: The.....»»
Ted Cruz Says Bitcoin Mining Can Fix Texas" Crumbling Electric Grid
An anonymous reader quotes a report from Motherboard: Texas' energy grid has problems. Those issues were laid bare this past winter when a storm put the state in a deep freeze, causing blackouts for millions and killing hundreds of people. Sen. Ted C.....»»
Ted Cruz says bitcoin will stabilize Texas electric grid—here’s why he’s wrong
Numbers and potential incentives just don't add up. Enlarge / Texas Sen. Ted Cruz. (credit: Gage Skidmore / Flickr) Sen. Ted Cruz (R-Texas) thinks he has found a way to stabilize Texas’ electric grid in case another deep fre.....»»
US Overtakes China as Biggest Bitcoin Mining Hub After Beijing Ban
The US overtook China as the world's biggest source of bitcoin mining two months after Beijing banned crypto mining this year, new data have revealed. From a report: China's share of the global hashrate -- the computational power required to create b.....»»
Court rejects fired physicist"s intellectual freedom claim
Australia's highest court Wednesday dismissed an intellectual freedom claim by a university physicist who was fired in part over his public statements that scientists exaggerated damage to the Great Barrier Reef caused by climate change......»»
Stripe Is Hiring a Crypto Team 3 Years After Ending Bitcoin Support
Payments company Stripe has begun assembling a crypto engineering team to chart its future in digital assets. CoinDesk reports: The team -- described in LinkedIn posts and job listings -- will be run by Guillaume Poncin, Stripe's former head of engin.....»»