Tag: Bitcoin

According to a JPMorgan report, spot Bitcoin ETFs have been available in Canada and Europe without drawing large investor interest. A possible approval of a spot Bitcoin exchange-traded fund (ETF) won’t be a game changer for crypto markets, although it might benefit the leading cryptocurrency, according to a report by JPMorgan managing director Nikolaos Panigirtzoglou….

The United Arab Emirates’ combined Bitcoin mining capacity is estimated to be around 400 megawatts or 4% of Bitcon’s global hash rate. The United Arab Emirates (UAE) is gradually solidifying its status as a go-to Bitcoin mining destination in the Middle East. The country has established itself as a pro-Web3 destination for crypto-focused companies with over…

A report published by the U.K. Law Commission bolsters Bitcoin core developers’ defense that they are not liable for 111,000 BTC taken by hackers. A recent report released by the United Kingdom’s Law Commission could weaken a central argument brought by Craig Wright in his controversial lawsuit against 12 Bitcoin core developers, argues the Bitcoin Legal Defense Fund…

The CEO of the world’s largest asset management firm, Larry Fink, spoke on BlackRock’s spot Bitcoin ETF filing and the potential benefits of crypto. Larry Fink, the CEO of BlackRock, has delivered pro-crypto remarks amid the asset manager applying to list a spot Bitcoin exchange-traded fund (ETF) in the United States. Speaking on Fox Business…

During a Twitter Space on July 5, Binance CEO Changpeng Zhao delivered his forecast for the next Bitcoin bull run. Binance CEO Changpeng Zhao has delivered his prediction for the next Bitcoin bull market. Speaking in a July 5, “ask me anything” session on Twitter, CZ covered the potential entry of BlackRock into the crypto market,…

Venture capitalists have favored ICOs in recent years, but Bitcoin-related startups are seeing renewed interest from investors. nitial coin offerings (ICOs) may have hampered the development of the Bitcoin ecosystem, with market research reflecting a massive slant toward non-Bitcoin investments by venture capitalists (VCs) over the past five years. Blockstream CEO Adam Back highlighted the…