Bitwise Asset Management has filed with regulators to launch a new exchange-traded fund (ETF) targeting publicly traded companies with substantial Bitcoin reserves. The proposed Bitwise Bitcoin Standard Corporations ETF would invest in firms that have at least 1,000 BTC in…
Bitcoin is bouncing between $93,928 and $94,154 this hour, boasting a market cap of $1.86 trillion, a daily trading volume of $29 billion, and a price swing today from $92,852 to $95,638. Bitcoin The 1-hour chart shows bitcoin in a…
Blockchain Association Kristin Smith CEO told CNBC’s Squawk Box Thursday that people are looking to hold more Bitcoin ahead of the new year as President-elect Donald Trump prepares to take office. Blockchain Association CEO Kristin Smith During her December 26…
The UK Financial Conduct Authority (FCA) faces mounting criticism after data revealed that nearly half of flagged illegal crypto ads remain online despite the agency’s crackdown efforts. According to a report by the Financial Times, between October 2023 and October…
China has introduced stricter regulations to curb cryptocurrency-related activities, with its foreign exchange regulator requiring banks to monitor and flag risky trades involving digital assets. The State Administration of Foreign Exchange (SAFE) announced last week that the new rules aim…
KULR Technology Group, Inc. (NYSE:KULR), an energy management platform, has purchased 217.18 Bitcoin for approximately $21 million. The acquisition, completed at an average price of $96,556.53 per Bitcoin, marks the company’s first step in its Bitcoin Treasury strategy. The firm’s…