Canadian rapper Drake shared MicroStrategy CEO Michael Saylor’s recent bullish comments on Bitcoin with his 146 million Instagram followers on March 12.
Crypto management firm Grayscale has hatched a plan to stop its rapidly accelerating asset bleed – and it involves launching a brand new Bitcoin spot ETF.
Today, the spotlight remains firmly on Bitcoin, with investors keenly watching for the latest Bitcoin price prediction as it maintains a stronghold above the $71,000 mark.
Sweden’s Central Bank Governor, Erik Thedeen, warned against substantial Bitcoin integration into the nation’s financial system on March 12, citing its speculative nature and potential investor losses.
Institutional inflows into spot Bitcoin (BTC) ETFs could lead to a “sell-side liquidity crisis” by September, according to industry analyst Ki Young Ju, CEO of on-chain analytics platform CryptoQuant.
The Thailand securities regulator has greenlit asset management firms to introduce private funds tailored to invest in Spot Bitcoin ETFs. However, access to these funds will be restricted to institutional investors and individuals with ultra high net-worth.
The Polish Financial Supervision Authority (KNF) received authoritative powers to tighten the crypto market, ahead of the EU’s MiCA rules. The Markets in Crypto Assets Regulation (MiCA) legislation, EU’s comprehensive crypto law, is set to take effect this year.
Global asset manager VanEck has slashed its fees for the HODL exchange-traded fund (ETF), the VanEck Bitcoin Trust, down to zero until March 31 next year.
Republican presidential frontrunner Donald Trump took to CNBC on Monday to reveal he was unsure whether he would want to get rid of Bitcoin despite criticizing it in the past, going so far as to say he has “fun” with the cryptocurrency.
With BlackRock’s IBIT amassing 197,943 BTC, valued at over $13.5 billion, the narrative around Bitcoin and its investment allure is undergoing a remarkable transformation.
The developer of the BRC-20 token standard, known as Domo, revealed a shift in the token’s governance on Monday. The creator’s non-profit, the Layer 1 Foundation (L1F), will now oversee the protocol’s token management.