The Winklevoss twins have reportedly donated $2M in Bitcoin to Donald Trump’s presidential campaign to end “Joe Biden’s war on crypto”. The twins shared the news on their respective X handles and also pledged to vote for Trump come November. Trump is “pro-Bitcoin, pro-crypto, pro-business”, Cameron Winklevoss declared on X, formerly Twitter, on Thursday. “And he …
Michael Saylor’s MicroStrategy, which is the largest corporate holder of Bitcoin bought yet more Bitcoin. 11.9k $BTC worth around $750M+ were bought by the company according to their press release. MicroStrategy shares have surged approximately ten-fold since the company began purchasing Bitcoin four years ago. Similarly, Semler shares have increased by over 60% since the …
In his recent statement, Argentina President Javier Milei advocated his support for Bitcoin and other other currencies to be used in Argentina. Milei’s statement was in response to Gabor Gurbacs, former Director of Digital Asset Strategy at VanEck, who replied to his tweet with “Bitcoin for all.” Milei affirmed that his administration would support free …
Argentina President Javier Milei advocates Bitcoin use Read More »
The US Securities and Exchange Commission (SEC) has concluded its investigation into Ethereum 2.0 and will not pursue legal action regarding ETH sales as securities transactions, according to a recent announcement from Consensys. Despite this positive development, Consensys emphasized the ongoing need for clear regulatory guidelines, especially for services like MetaMask Swaps and Staking. The …
Australian Securities Exchange, the largest stock exchange in Australia has approved its first spot Bitcoin ETF which will be live from 20th June 2024.
The Financial Intelligence Unit-India (FIU-India), responsible for analyzing suspicious financial transactions, has received requests from four more offshore crypto exchanges to resume operations in India, according to a senior government official. At the start of 2024, India had banned nine crypto exchanges for non-compliance with anti-money laundering laws. The FIU lifted the ban on Kucoin …
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OkayCoin crypto exchange launched in South Korea. In a press release on 15th June, the project said it is an attempt to cater to the growing staking demand in S.Korea. South Korea, known for its high cryptocurrency adoption rates, is a lucrative market for crypto exchanges but has faced regulatory challenges and market volatility. The …
Cardano’s much anticipated Chang hardfork is around the corner and this will mean that the Cardano community will be handed a $681M treasury. Source: TapTools The entirety of Cardano’s treasury though comprises of only $ADA and is currently the 8th largest in the industry, with Uniswap’s $4.05B being the highest. Cardano’s treasury, funded by transaction …
In a recent report, Forbes claimed former Binance CEO Changpeng ‘CZ’ Zhao to be the 24th richest man in the world. This comes as a result of CZ reportedly holding 64% of $BNB , which amounts to $56 billions. Despite CZ stepping down as CEO and currently serving a prison sentence, $BNB reached an all …
During a Thursday hearing by the Senate Appropriations Subcommittee on Financial Services, US Securities and Exchange Commission Chair Gary Gensler informed Senator Bill Hagerty (R-TN) that he anticipates the agency will approve S-1 forms for spot Ethereum exchange-traded funds (ETFs) “sometime over the course of this summer.” The SEC approved issuers’ 19b-4 filings on May …
Ethereum ETFs to launch this summer: Gary Gensler Read More »
