US Treasury and IRS Clear Path for Crypto ETPs to Stake Digital Assets and Share Rewards – AabeyLLC Crypto
Crypto analyst Benjamin Cowen expects Bitcoin dominance to make its “final move” to 60% either in September or, at the latest, by December 2024. A popular cryptocurrency analyst doubts that Bitcoin dominance will return to the levels it reached in December 2020, before the asset’s price surged approximately 220% within three months. “I don’t think…
With 592,345 BTC now worth a staggering $64 billion, Strategy founder Michael Saylor teased yet another bitcoin buy early Sunday. As usual, Saylor followed his weekly ritual—posting a chart from a tracker that maps out Strategy’s growing stash. On the Brink of the S&P 500 – Strategy’s Bitcoin Bet Might Seal the Deal It looks…
The New York Stock Exchange has agreed to pay a $9 million penalty to settle charges brought by the US Securities and Exchange Commission over a 2023 technology glitch that disrupted the opening of trading in thousands of stocks. The issue dates back to January 23 when a configuration error left a backup disaster-recovery system…
Are you wondering where smart money is flowing in the crypto world? A recent survey reveals a compelling trend: a significant majority of financial advisors in the United States are planning to ramp up their exposure to cryptocurrency Exchange Traded Funds (ETFs). This isn’t just a minor adjustment; it’s a clear signal that the financial…
The CEO of VanEck publicly stated he believes that Bitcoin’s market cap will be worth approximately US $7T in the next 5-10 years. Speaking at Paris Blockchain Week, van Eck noted that several factors suggested BTC may eventually usurp gold as an alternative inflation hedge. Van Eck’s prediction would see BTC skyrocket to over US…
Bitcoin Magazine Michael Saylor’s Strategy (MSTR) Opens $2.1B ATM Program for Strife Preferred Stock Strategy has launched a $2.1 billion At-The-Market (ATM) equity program for its Strife (STRF) preferred stock, marking another step in the firm’s long-term strategy to build a Bitcoin-backed financial architecture. The announcement was made by CEO and President Phong Lee during…