Fresh Bitcoin ETF hopes back BTC’s swift rally above $40,000
Crypto investors are seeing gains in Ether (ETH) and Bitcoin (BTC) today after the successful launch of Ethereum’s London hard fork and a series of new Bitcoin ETF filings resulted in a …
‘Nakamoto’s innovation is real,’ says SEC Chair Gary Gensler
Gary Gensler, the Chair of the United States Securities and Exchange Commission, or SEC, believes that the blockchain revolution started by Satoshi Nakamoto in 2008 is more than just a …
Taxpayers to avoid obligations by sending mining proceeds to IRAs
North American mining and hosting firm Compass Mining is offering a new tax avoidance method for savvy crypto miners that file in the United States. In a Thursday announcement, Compass …
Bitcoin hash rate rebounds as major miners are coming back online
China’s stringent crypto regulations meant closing shop for many Chinese businesses within the Bitcoin (BTC) mining ecosystem. The sudden disappearance of Bitcoin miners from the grid resulted in falling hash rates. …
Bitcoin Strategy ProFund aims to tackle regulatory barriers for investors
The United States-based investment management firm ProFunds announced the launch of Bitcoin Strategy ProFund (BTCFX), one of the first publicly available mutual funds or ETFs that performs in parallel with …
Massive government spending accelerating crypto adoption: Sen. Cynthia Lummis
Republican Senator and Bitcoin proponent Cynthia Lummis said that massive government spending is accelerating crypto adoption. Lummis made the comments while sharing an interview she did with “Varney & Co” …
Binance will ‘work with regulators’ as it expands, says CEO
Changpeng Zhao, the chief executive officer of Binance, has said he wants the major cryptocurrency exchange to work with local regulators as it establishes regional headquarters. According to a Tuesday …
China’s crackdown signals an oncoming crypto ban, Bobby Lee says
Bitcoin (BTC) maximalist and Ballet CEO Bobby Lee recently discussed the implications of China’s ongoing crackdown on cryptocurrency. Despite the government’s support for a digital renminbi, Lee suggested that Beijing has …
El Salvadorians take to the streets to protest Bitcoin law
Protesters calling themselves the Popular Resistance and Rebellion Block have come out against El Salvador’s government passing a law making Bitcoin legal tender. A Tuesday tweet from local news outlet …
Texas alleges that BlockFi is offering unregistered securities
The Texas State Securities Board has filed for a cease and desist order against crypto lending firm BlockFi for not offering a security licensed at the state or federal level. …