Looking for "Bitcoin"

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arusso • Sep 22, 2023, 10:17 am EDT

Vivek Ramaswamy’s Crypto Vision: A Bold Policy Platform on the Horizon

Vivek Ramaswamy: The Crypto-Friendly Contender In a crowded field of Republican presidential contenders, Vivek Ramaswamy is positioning himself as the crypto-friendly candidate, outlining an ambitious plan to craft a comprehensive policy on digital currencies by Thanksgiving. With the 2024 election drawing closer, the former biotech entrepreneur and finance professional is making waves in the crypto sphere, seeking to define a path for the United States in this transformative era of digital finance. Contrasting Approaches At the Messari Mainnet conference, Mr. Ramaswamy shared with the audience that his proposed policy framework is already 75% complete. His proactive approach starkly contrasts the Biden

2 minutes

jennyl • Sep 18, 2023, 11:46 am EDT

Byte Federal Becomes First ATM Network to Enable Lightning Network Nationwide

Byte Federal has set a new standard in the cryptocurrency industry with its latest announcement on September 18, 2023. As the first Bitcoin ATM network to introduce Lightning Network integration across its extensive ATM network, Byte Federal is revolutionizing the way people engage with Bitcoin. This innovative move aligns with the company’s mission to democratize access to cryptocurrency and bring financial freedom to the masses.

3 minutes

satoshin • Sep 7, 2023, 12:02 pm EDT

Byte Federal, Inc. Expands its Services to Arkansas with New Money Transmitter License

Byte Federal, a trailblazer in the fintech industry, is proud to announce its latest achievement: securing a Money Transmitter License in Arkansas, further expanding its reach across the United States. Arkansas becomes the newest addition to the growing list of states benefiting from Byte Federal’s Kiosk network, point of sales system, and ByteWallet App.

2 minutes

johnd • Aug 29, 2023, 1:49 pm EDT

Grayscale wins SEC lawsuit: ETFs Incoming?

In a landmark decision today, a D.C. court has ruled that the Securities and Exchange Commission (SEC) had acted “arbitrarily and capriciously” in rejecting the application of Grayscale Investments for a Bitcoin spot exchange-traded Fund (ETF). The ruling stands as a legal watershed, likely paving the way for several ETFs and a new era of institutional investment. The court order bluntly criticized the SEC for its inconsistent approach, emphasizing that “administrative adjudication must be consistent and predictable.” The crux of the matter was the SEC’s unequal treatment of similar products. The commission had previously approved listing two Bitcoin futures ETFs but denied Grayscale’s proposed spot Bitcoin ETF without adequate explanation.

2 minutes

arusso • Aug 15, 2023, 3:42 pm EDT

Europe’s First Spot Bitcoin ETF Officially Lists in Amsterdam

A groundbreaking moment unfolds in the realm of cryptocurrency investment as Europe celebrates the official listing of its first-ever Spot Bitcoin ETF on the Amsterdam exchange. This milestone marks a pivotal juncture where traditional finance seamlessly intersects with the dynamic world of digital assets. The launch of this ETF not only signals the growing acceptance of Bitcoin within established financial markets but also provides investors with a regulated and accessible avenue to participate in the crypto market’s potential.

3 minutes

arusso • Aug 9, 2023, 10:55 am EDT

Binance Secures Premier Crypto Licensing in El Salvador

SAN SALVADOR — Binance, one of the world’s leading cryptocurrency exchanges, has reached a notable milestone in its quest for global expansion and regulation-friendly services. The exchange has now become the first fully licensed crypto trading platform in El Salvador, having secured both the Bitcoin Services Provider license and the inaugural non-provisional Digital Assets Services Provider license. The recent accomplishment underscores Binance’s commitment to acquiring local licenses in major global markets. Including this latest addition, the exchange boasts approvals and registrations in a total of 18 jurisdictions, spanning Europe, the Middle East, and Latin America, outstripping its competitors. The Central

2 minutes

Samuel Armes • Aug 8, 2023, 2:34 pm EDT

The Florida Blockchain Business Association: 2023 Initiative Update

The Florida Blockchain Business Association has set the pace for 2023 with robust achievements in legislation and financial innovation through its grassroots committee approach. The Florida Blockchain Business Association(FBBA) has set the pace for 2023 with robust achievements in legislation and financial innovation. Our number one goal is to remain adaptable to the political and technical environment around us, while ensuring our objectives are still achieved. The FBBA’s committees have been hard at work, tackling some of the most pressing issues in the blockchain industry thus far. Here’s an overview of some of the efforts of four of our committees

5 minutes

satoshin • Aug 8, 2023, 1:47 pm EDT

Bitcoin Blockchain Records Over $8 Trillion in Transactions

In a groundbreaking milestone, the Bitcoin blockchain has etched its digital legacy by surpassing a staggering $8 trillion in recorded transactions. This remarkable feat underscores the enduring and transformative power of cryptocurrencies in reshaping the global financial landscape.

2 minutes

arusso • Aug 3, 2023, 3:42 pm EDT

Tether’s $45M Bitcoin Investment Heats Up Institutional Buying

The stablecoin powerhouse boosts its balance sheet in Q2 with 1,529 additional Bitcoin, CTO Ardoino confirms. In a recent confirmation to Bitcoin Magazine, Tether’s Chief Technology Officer, Paolo Ardoino, announced that the company, known for its pioneering stablecoin USDT, procured 1,529 Bitcoin (BTC) in Q2 2023, costing around $45.4 million. This move bolsters the company’s Bitcoin portfolio, asserting its ambitions in the flourishing digital currency market. Earlier this year, Tether declared its intention to invest up to 15% of quarterly earnings into Bitcoin, following the footsteps of many institutional investors. This latest move highlights Tether’s commitment to its strategic plan,

2 minutes

satoshin • Aug 3, 2023, 3:10 pm EDT

MicroStrategy Further Boosts Bitcoin Portfolio, Plans $750M Stock Sales

Virginia-based software firm MicroStrategy has added to it’s bitcoin holdings, revealing that it now holds a staggering 152,800 BTC, amounting to an investment of $4.53 billion. The NASDAQ-listed company made the announcement in their second-quarter financial results released Tuesday, adding that they intend to further increase their bitcoin holdings using proceeds from sales of common stock amounting to $750 million. MicroStrategy (Nasdaq: MSTR) has demonstrated a strategic commitment to the asset. During Q2, the firm purchased an additional 12,800 bitcoins for $361.4 million, averaging a price of $28,233 per BTC. This announcement ups the firm’s total holdings to 152,800 bitcoins,

2 minutes