Six years after dropping support for bitcoin and, thus, crypto payments altogether, Stripe is bringing back the service later this summer, though initially only for Circle’s USDC stablecoin.
KPMG Survey Finds 75% of Canada’s Institutions Owned Crypto Assets in 2023
Institutional investors located in Canada significantly increased their holdings of cryptocurrencies in 2023, a survey by KPMG found.
Jack Dorsey’s Block Is Building a Bitcoin Mining System
The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.
Bitcoin Payments App Strike Launches for European Customers
Strike, the payments application using the Bitcoin blockchain, has launched in Europe, allowing customers to buy, sell and withdraw bitcoin {{BTC}} in the region, it announced Wednesday.
NYSE Asks Market Participants About 24/7 Trading for Stocks
The New York Stock Exchange has asked market participants to weigh in on its proposal to operate 24 hours a day, the same schedule that cryptocurrencies operate on, the Financial Times reported.
Bitcoin Halving Is Not a Bullish Event, Says 10x Research Analyst
Bearish signals are looming over the crypto market these days and will almost certainly push prices down in the short term, well-known research analyst Markus Thielen said.
Spot Bitcoin ETF Hype Dies Down, Normalcy Sets In
The initial euphoria for the spot bitcoin ETFs has seemingly dampened and reality is slowly kicking in with inflows recently unable to keep up with the still speedy pace of exits from Grayscale’s Bitcoin Trust (GBTC).
There Are Many Bitcoin Critics Left in Finance, Despite BlackRock’s Newfound Love
At a recent gathering of investors in Miami, skepticism remained high even after finance titan BlackRock’s shift toward touting the original cryptocurrency.
Did Strong Bitcoin ETF Demand Kill Halving’s Potential Bullish Rally?
The much stronger-than-expected inflows into the spot bitcoin exchange-traded funds (ETFs) have already caused concerns about a supply shock in the bitcoin market, potentially taking away some of the impacts of the halving.
BlackRock Adds Goldman Sachs, Citigroup, Citadel as APs for Bitcoin ETF
BlackRock (BLK) has added five additional authorized participants (APs) to the iShares Bitcoin Trust (IBIT), bringing the total number to nine as the fund continues to attract billions of dollars of inflows from investors.
Crypto Venture Capital Fundraising Jumped Over 50% in March Amid Rally
Most capital went into infrastructure and decentralized finance (DeFi) projects, data by RootData shows.
Goldman Sachs Clients Not Interested in Crypto, Says Chief Investment Officer: WSJ
Goldman Sachs, nowadays one of the few Wall Street banks to do so, isn’t backing away from its negative stance against crypto, as it doesn’t see the value of the asset itself.
Recapping FTX Founder Sam Bankman-Fried’s Trial
Sam Bankman-Fried was convicted last year. Here’s how his trial came together.
BlackRock’s Fink Says an Ether ETF Is Possible Even if ETH Is a Security
BlackRock CEO Larry Fink isn’t worried about the U.S. Securities and Exchange classifying Ethereum’s ether as a security.
U.S Has its Eleventh Spot Bitcoin ETF After Hashdex Fund Conversion
Trading under the ticker DEFI, asset manager Hashdex’s Bitcoin Futures ETF – which had been trading as a futures-based fund on the New York Stock Exchange since 2022 – was renamed and converted into the Hashdex Bitcoin ETF and now operates as a spot bitcoin fund.
Hong Kong Likely To Allow In-Kind Creations for Spot Bitcoin ETFs: Bloomberg
Hong Kong’s financial regulator, the Hong Kong’s Securities and Futures Commission (SFC), is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year, according to a report from Bloomberg Intelligence.
Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target
The Ark Invest CEO said the firm has been looking closely at emerging markets, where use cases of the digital asset make her believe that bitcoin is partly a risk-off asset.
BlackRock Seeing Only ‘A Little Bit’ Demand for Ethereum from Clients, Says Head of Digital Assets
Robert Mitchnick, the asset manager’s head of digital assets, said that there’s a misconception that BlackRock will have a “long tail” of other services within crypto.
Ether ETFs Likely Won’t Get Approved in May, Bloomberg Analyst Predicts
Odds that spot ether ETFs will get approved in May have gotten slimmer, according to a Bloomberg ETF analyst who cited U.S. regulators’ seeming lack of engagement with potential issuers over the products.
Fidelity Adds Staking to Ether ETF Application, Sending LIDO Up 9%
Money management giant Fidelity wants to allow traders of its potential ethereum fund to be able to stake some of the assets, it wrote in an amendment with the U.S. Securities and Exchange Commission (SEC).