The SEC has just announced a postponement on global investment manager VanEck’s Bitcoin ETF filing. This would be the second time the Commission is postponing its ruling on the product since its filing earlier this year. The SEC noted that it needed the judgment of other interested parties on the matter, explaining the delay. The […]
According to a recent survey carried out by the Financial Times, hedge funds are likely to increase their cryptocurrency exposure to 7% by the next five years. This report comes after prominent hedge fund names like Stan Druckenmiller, Paul Tudor Jones III, SkyBridge Capital, and more increased their involvement in the crypto industry. Based on […]
In yet another Bitcoin (BTC) acquisition strategy, MicroStrategy has filed a registration statement with the US Securities and Exchange Commission (SEC) to launch an “‘at the market’ securities offering for flexibility to sell up to $1 billion of its class A common stock over time.” The firm’s class A common stock trades on the Nasdaq […]
A LONG-TERM CRYPTO INVESTMENT STRATEGY “…Cryptoassets were the biggest institutional revolution since the Industrial Revolution and they represented the investment of a lifetime.” – Van K. Tharp, PhD What is the idea? What crypto coins should you buy? For instance, you may want to invest in popular DeFi tokens. According to John Hargrave, for the […]
Another province in China has taken a stand against Bitcoin mining operations in the region as the Chinese government intensifies efforts to wean the nation of cryptocurrency activities. Over the weekend, Yunnan provincial authorities disbursed a memo ordering an investigation into the illegal use of electricity by individuals and companies in Bitcoin mining. The China […]
The long-awaited Bitcoin Mining Council (BMC) announced on June 12 that it is now live. The BMC launched its website detailing its members and its mission statement. The organization also detailed its plans on how it would tackle the ever-growing worries of Bitcoin energy consumption. To achieve this, individual members of the organization have to […]
Bitcoin is on the verge of making history with its impending Taproot update, an event as highly-anticipated as SegWit or the last halving. Arguably the benchmark cryptocurrency’s most ambitious update since 2017, Taproot has gained approval by miners and was locked in for implementation later in November. Due to its heavily decentralized nature, any update […]
President of El Salvador Nayib Bukele recently revealed that the country is exploring ways to mine Bitcoin using energy from its volcanoes. The charismatic leader announced via Twitter on Wednesday, noting that: “I’ve just instructed the president of La Geo (our state-owned geothermal electric company) to put up a plan to offer facilities for bitcoin […]
The Chinese government’s efforts to crack down on Bitcoin and cryptocurrency mining across its provinces appear to be at full force. This crackdown began with Inner Mongolia, following the revelation of new rules against the operation of Bitcoin mining facilities in the region. Reports on the government’s plans to shut down mining operations in Inner […]
