Buying Bitcoin in 2013 was like buying ‘gold in 1000 BC’ — Pantera CEO
Pantera is now up more than 130,000% from its first Bitcoin purchase back in July 2013. Go to Source
Month: November 2024
Bitwise files for 10 Crypto Index Fund ETF with the SEC
Bitwise’s 10 Crypto Index Fund was launched in November 2017, with the bulk of the index fund comprised of Bitcoin and Ether. Go to Source
Russia Approves Crypto Tax Law, Redefining Digital Currency Rules
Russia’s new crypto tax law classifies digital currencies as property, exempts mining from VAT, and mandates detailed reporting, signaling a seismic shift in regulation. Russia’s New Crypto Tax Rules Signal a Major Shift in Digital Currency Regulations The Federation Council, Russia’s upper house of parliament, approved a government-initiated bill outlining the taxation framework for digital … Read more
Ripple Drops $25M to Champion Crypto-Friendly Policies
Ripple boosts Fairshake with another $25M, amplifying its push for crypto-friendly policies and challenging regulatory overreach to solidify its leadership in innovation advocacy. Ripple Doubles Down on Fairshake With Third $25M Contribution Ripple has reaffirmed its dedication to fostering innovation-friendly policies by contributing $25 million to Fairshake, a bipartisan Super PAC supporting pro-crypto candidates. CEO … Read more
SOS Ltd to jump on Bitcoin bandwagon with $50M purchase, stock pops 40%
China-based SOS, which operates a US-based Bitcoin mine, plans to buy $50 million worth of Bitcoin. Go to Source
Ethereum Explodes With 10% Gain—Is Altcoin Season About to Ignite?
As bitcoin enjoyed a bit of a lift on Wednesday, ether (ETH) stole the spotlight by jumping more than 10% in just 24 hours. The second-largest cryptocurrency now claims over 13% of the $3.33 trillion total market cap. Ether’s $47B Volume Surge Sparks Wild Speculation—$7,500 Next? Bitcoin (BTC) gained 4.4% against the U.S. dollar in … Read more
Ripple Invests in XRP ETP as Crypto Demand Explodes Globally
Ripple’s investment in the Bitwise Physical XRP exchange-traded product (ETP) underscores XRP’s rising prominence, driven by surging institutional demand. Ripple Invests in XRP’s Future With Bold Bet on Bitwise ETP Ripple announced its investment in the rebranded Bitwise Physical XRP exchange-traded product (ETP) on Wednesday, signaling its commitment to expanding access to XRP in institutional … Read more
Huge ‘screw-up’ — Pump Science apologizes after flood of fraud tokens
Pump Science partially blamed Solana-based software firm BuilderZ for leaving the private key to the dev wallet address on GitHub for the public to see. Go to Source
FCA Prepares to Regulate Crypto as Awareness Climbs to 93%
The Financial Conduct Authority (FCA) reports growing awareness of cryptocurrency in the UK, now at 93%, alongside a rise in ownership, which has reached 12% of adults, up from 10%. The average crypto holdings have grown to £1,842, with most new investors relying on family and friends for information. Alarmingly, 10% of buyers admitted to … Read more
Proposal Filed With SEC to Transition Bitwise Crypto Fund to Exchange-Traded Product
Bitwise Asset Management has taken a bold step forward by filing to list its Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP) on NYSE Arca. This move sets the stage for what could be a transformative chapter for the well-known and diversified cryptocurrency investment vehicle. Bitwise Proposes Uplisting Crypto Index Fund to … Read more
