The exponential growth of spot Bitcoin ETFs and their integration within diversified investment portfolios have been a topic of discussion at the recent Exchange ETF conference in Miami Beach. During the conference, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, and Ric Edelman, founder of the Digital Assets Council of Financial Professionals, engaged in
The US Security and Exchange Commission (SEC) is currently under scrutiny for cryptocurrency-related financial conflicts of interest. The SEC’s Office of Inspector General (OIG) is investigating these issues after Empower Oversight, an accountability group, raised concerns about the failures of the SEC’s Ethics Office and former official William Hinman. This investigation is reaching its final
Tron Founder Justin Sun has recently unveiled an ambitious Bitcoin Layer 2 roadmap that aims to revolutionize the BTC network by enhancing scalability, speed, and security. This groundbreaking initiative also includes the integration of tokens on the TRON network with the Bitcoin blockchain, paving the way for seamless interactions and interoperability between TRON and Bitcoin.
The global runner-up in the cryptocurrency ring, Ethereum (ETH), is making significant moves this week, inching closer to the coveted $3,000 mark. This surge in price has sparked speculation among investors, with many wondering if February will be the month that sees Ethereum reach new heights, potentially soaring towards a staggering $4,000 finish. One of
Coinbase, one of the major cryptocurrency exchanges in the United States, recently released its latest financial report for 2023. The report sheds light on the company’s performance in the fourth quarter and the full year. As per the report, Coinbase achieved a net income of $273 million in Q4 2023, accompanied by an adjusted EBITDA
In a move towards progress and innovation, the Judiciary Committee in Iowa has approved a bill that aims to integrate digital assets and electronic records into commercial transactions. This bill, known as House File 2519, addresses the complexities and opportunities presented by digital assets within the legal framework of commerce. By providing comprehensive definitions and
Cosmos (ATOM) has experienced a 1.7% decrease in the past 24 hours, causing concern among investors about the potential for a crash. The sentiment surrounding ATOM in the crypto community is mixed, with some pointing out that it has been trading in a narrow range between $8-12 for over 3 months while other cryptocurrencies have
Genesis Global, a subsidiary of Digital Currency Group, has recently gained approval from the bankruptcy court to sell approximately 35 million shares of Grayscale Bitcoin Trust (GBTC). With an estimated value of $1.3 billion, this decision by U.S. Bankruptcy Judge Sean Lane has generated both excitement and concerns in the crypto community. During a court
Bitcoin has been one of the most discussed and analyzed assets in recent years, with market analysts and traders constantly searching for patterns and signals that indicate future price movements. One such pattern that has caught the attention of Matt Dines, the Chief Investment Officer at Build Asset Management, is the classic “Cup and Handle”
In recent years, there has been growing concern about the role of cryptocurrencies in funding terrorist activities. Media reports have fueled narratives suggesting significant use of digital assets by terrorist groups like Hamas. However, Brian Nelson, the Undersecretary for Terrorism and Financial Intelligence at the US Department of the Treasury, presented a different perspective during