MicroStrategy and Tesla are among the expected beneficiaries of a rule change that will allow U.S. companies to count crypto gains on their balance sheets for the first time ever. Crypto proponents argue this makes ownership of crypto assets a
Coinbase’s recent announcement confirming its plans to integrate the Bitcoin Lightning Network into its operations is a landmark decision. This move will enable quicker and more cost-efficient transactions for Bitcoin, aiming to make the crypto asset more user-friendly. However, while
The U.S. federal appeals court has signaled to the U.S. Securities and Exchange Commission (SEC) to reconsider its previous decision regarding Grayscale Investments’ proposal to transition the Grayscale Bitcoin Trust (GBTC) into an Exchange-Traded Fund (ETF). According to experts, this
SpaceX reduced the value of Bitcoin on its balance sheet by $373 million last year and in 2021. Tesla also offloaded Bitcoin last year. While the sale of Tesla’s Bitcoin (BTC) is in the public domain, details surrounding SpaceX’s holdings
A significant disclosure recently rippled through the cryptocurrency world as Ilya ‘Dutch’ Lichtenstein, an American businessman, investor, and web developer, emerged as the orchestrator of the $4.5 billion Bitfinex Bitcoin theft in 2016. This revelation unfolds a new chapter in
In a new revelation that contradicts circulating rumors, Tesla has reportedly edited out Bitcoin (BTC) references from the source code of its payment page while leaving intact references to Dogecoin. Chinese reporter Colin Wu, acclaimed for his insight into the
Arthur Hayes, co-founder and former CEO of BitMEX, foresees a scenario wherein bitcoin becomes the preferred currency for the increasingly dominant realm of artificial intelligence (AI). In his first piece of a three-part essay series – titled “Massa” – Hayes
Bitcoin made a remarkable resurgence on Tuesday, briefly crossing$31,000 after several prospective bitcoin exchange-traded fund (ETF) issuers resubmitted their applications to the U.S. Securities and Exchange Commission (SEC). As the world’s largest digital asset, bitcoin’s rally has triggered similar price
In a significant development for the cryptocurrency market, BlackRock, the world’s largest asset manager, recently filed for a Bitcoin Exchange-Traded Fund (ETF) with the SEC. The move has sparked a rally in the crypto space, attracting the attention of investors
The price of bitcoin rose sharply on Wednesday and breached the psychological $30,000 mark for the first time since April, as institutional investors led by BlackRock showed renewed interest in the top cryptocurrency. Bitcoin climbed 10% to peak at over
Bitcoin NFTs are bringing impressive gains to digital arts traders, after several collections deployed on the blockchain featured in the top 10 collectibles by sales volume during the third week of May. Bitcoin NFTs have been on the rise after
Software developer Udi Wertheimer made sensational claims on Twitter this week, suggesting Bitcoin founder Satoshi Nakamoto supported the first NFT transaction on the Bitcoin blockchain – the sale of a picture worth 500 BTC. His comments come as Casey Rodarmor’s
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