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The SEC has accepted for review the Valkyrie spot Bitcoin ETF filing named “BRRR,” which is a reference to a popular meme in the Bitcoin community. Go to Source Powered by WPeMatico
Cathie Wood is taking profits from ARK Invest’s Coinbase holdings by selling a small portion of its COIN stash. Go to Source Powered by WPeMatico
The special purpose acquisition company deal, first reported in August 2022, cost $885 million and is expected to allow investors exposure to Bitcoin Depot’s common stock. Go to Source Powered by WPeMatico
The “Oracle of Omaha” has increased Berkshire Hathaway’s cash holdings by $2 billion in Q1, signaling his decreasing confidence in risk-assets. Go to Source Powered by WPeMatico
The suit charges the alleged inside traders saved over $1 billion by selling their shares when the company went public, despite knowing they would lose value. Go to Source Powered by WPeMatico
According to the latest Coingecko crypto industry report, during the first quarter of 2023, bitcoin became the best-performing asset after it saw its U.S. dollar value go up from just under $17,000 observed on Dec. 31, 2022, to just over $28,000 by March 31, 2023. The report attributes the crypto asset’s resurgence to “increased volatility … Read more
According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Bitdeer Technologies Holdings, a digital mining firm founded by crypto-billionaire Jihan Wu in 2018, plans to be listed on Nasdaq this Friday. The bitcoin mining firm is scheduled to go public through a special purpose acquisition company (SPAC) deal with Blue Safari … Read more
Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector which saw the collapse of some major players. Stock Exchange Nasdaq Seeks Regulatory Approval … Read more
The service will reportedly be the exchange operator’s first major venture into the crypto industry. Go to Source Powered by WPeMatico
After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the financial institution. Insured depositors can withdraw their funds on Monday after the FDIC took over the failed bank. Federally Insured Depositors to Withdraw Funds on Monday, Uncertainty Looms for … Read more