Bitcoin

BlackRock’s newly launched spot Bitcoin exchange-traded fund (ETF) IBIT has declined less than Bitcoin itself since both listed on Thursday, outperforming rival options.

Spot Bitcoin exchange-traded funds saw over $500 million enter leading options from BlackRock, Fidelity, and 21 Shares in the first two days post-approval, but fee cuts signal fierce competition ahead.

South Korea’s financial regulator declared domestic securities companies cannot offer spot Bitcoin exchange-traded funds in foreign markets, citing existing crypto policy.

After months of anticipation, the SEC has finally approved several Bitcoin exchange-traded funds, a milestone expected to pave the way for major new institutional crypto investment.

Bitcoin mining company CleanSpark says it has a strategic option to purchase up to 160K additional mining machines by the end of 2024, possibly increasing its hashrate to 50 EH/s.

Zengo Wallet’s unique bug bounty approach involves placing 10 Bitcoin in a developer-controlled account, with hackers who manage to drain the funds allowed to keep the cryptocurrency.

Over 1 billion dollars worth of Bitcoin (BTC) has been withdrawn from the well-regulated Kraken exchange, raising speculation and expectations in the crypto community ahead of the SEC’s decision on Bitcoin ETFs and the upcoming BTC halving.

The SEC warns retail investors about the dangers of FOMO crypto investing amidst the anticipated approval of spot Bitcoin ETFs, emphasizing the risks associated with digital assets.

Próspera, a special economic zone in Honduras, now recognizes Bitcoin as a unit of account, offering individuals and businesses greater financial freedom in measuring the market value of goods and services.

Bitcoin’s first ever wallet, set up by pseudonymous creator Satoshi Nakamoto, unexpectedly received 26.9 BTC worth $1.17 million from an unknown sender.