Bitcoin’s future price surge and mainstream adoption could happen independently of institutional adoption of the digital currency. The connection between Bitcoin and gold goes back to Bitcoin’s origin. While it is not mentioned in the Bitcoin white paper, Satoshi Nakamoto actually referred to gold’s rarity in a Bitcointalk forum post when introducing the first version…
255 ViewsA Bitcoin ETF is on the cusp of receiving approval in the United States — and it may not be long before we see one in Hong Kong or elsewhere in Asia. But not everyone’s on board with the crypto ETF train. Critics argue that Bitcoin-linked ETFs could be even worse than centralized exchanges for…
248 ViewsThe Securities and Exchange Commission’s prolonged deliberation over a spot Bitcoin ETF is stoking expectations of a joint decision for all applications. The Securities and Exchange Commission’s (SEC) delay in deciding whether to approve a spot Bitcoin exchange-traded fund (ETF) in the United States is fueling expectations that a final verdict will come in a batch…
516 ViewsThe announcement followed crypto exchange Binance receiving similar permission from the Abu Dhabi regulator in November 2022. The Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority has granted its financial services permission for cryptocurrency firm Rain to offer brokerage and custody services to residents. In a July 25 announcement, Rain said the regulatory approval will allow…
305 ViewsAccording to some experts, miners will always be essential to the Bitcoin ecosystem, even after mining the last coins. Satoshi Nakamoto mined the genesis block on Jan. 3, 2009, minting the first 50 Bitcoin in history and kicking off what would become a billion-dollar industry centered around mining crypto. However, with a cap on Bitcoin supply, the…
242 ViewsAre regulators trying to disarm crypto-native companies in order to pave the way for Blackrock to steamroll the industry? There is no doubt that BlackRock’s spot Bitcoin exchange-traded fund (ETF) application — and the flood of contenders that followed — has buoyed the bulls. It could signal the winds of change in the regulatory sphere, they say….
0 Comments