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Coinbase Obtains License From Singapore’s Central Bank — Crypto Exchange Sees Singapore as ‘a Vital Market’
3.10.2023
The Nasdaq-listed crypto exchange Coinbase has obtained a license from Singapore’s central bank, the Monetary Authority of Singapore (MAS), to provide services to both individuals and institutions. “We’ve identified Singapore as a vital market for Coinbase,” the crypto exchange emphasized....
Marathon CEO Fred Thiel Warns About Fed Losing Its Weapons to Fight Inflation During Upcoming Period of Fiscal Dominance
26.9.2023
Fred Thiel, CEO of Marathon Digital Holdings, a Nasdaq-listed Bitcoin mining company, has warned about the future of the U.S. economy and the consequences of the Federal Reserve’s current monetary policy. Thiel noted the possibility of an upcoming period of fiscal dominance, in which...
Microstrategy Acquires 5,445 More Bitcoin — Total Holdings Climb to 158,245 BTC
26.9.2023
Microstrategy has acquired 5,445 more bitcoin, bringing the company’s total holdings to 158,245 BTC. According to the company’s filing with the U.S. Securities and Exchange Commission (SEC), the additional bitcoins were acquired during the period between Aug. 1 and Sept....
Nasdaq's Hashdex mixed Ether ETF filing joins crypto ETF race
13.9.2023
Known as the Hashdex Nasdaq Ethereum ETF, this investment fund is the first filing for futures and spot Ether holdings under the ‘33 Act and is overseen and supervised by Toroso Investments
Crypto Firm Riot Defends Texas Power Strategy After Headlines Claim State ‘Paid’ Miner
10.9.2023
Bitcoin mining company Riot Platforms is defending its participation in Texas’ electricity market programs after recent headlines claimed the state ‘paid’ the miner over $30 million to reduce power in August. Riot Platforms Sets the Record Straight In a statement released Friday, the Nasdaq-listed...
Binance’s exec exodus, Nasdaq to trade AI orders and SBF loses bail appeal: Hodler’s Digest, Sept. 3-9
9.9.2023
Binance executives depart, Nasdaq will trade AI-based orders and a bail appeal is denied for Sam Bankman-Fried
SEC Greenlights Nasdaq’s First AI-Powered Order Type
9.9.2023
The U.S. Securities and Exchange Commission (SEC) has approved a new artificial intelligence (AI)-powered order type for Nasdaq’s stock exchange. This marks the first AI order type approved for an exchange. Nasdaq says the latest technology aims to improve efficiency and performance on...
Nasdaq receives SEC approval for AI-based trade orders
8.9.2023
The artificial intelligence-based order type could make stock trading even more efficient
DC Circuit Court of Appeals Chastises SEC for Grayscale Denial
2.9.2023
On Tuesday, August 29, 2023, The U.S. Court of Appeals, District of Columbia Circuit (Court) unanimously granted Grayscale’s petition for review of the Securities Exchange Commission’s (SEC) denial of Grayscale’s Bitcoin Exchange Traded Product (Grayscale ETP) and vacated the SEC denial order....
Bitcoin Miner Iris Energy Dives into Generative AI, Investing $10M in Nvidia GPUs Amidst Soaring Demand
31.8.2023
On August 29, the publicly traded bitcoin mining entity, Iris Energy, revealed its acquisition of 248 Nvidia H100 graphics processing units (GPUs) at a cost of $10 million. While the company emphasized that its primary focus remains on BTC mining, it views generative artificial intelligence (AI)...
Coinbase Secures Regulatory Approval to Offer Crypto Futures to US Customers
17.8.2023
The Nasdaq-listed crypto exchange Coinbase has secured regulatory approval to operate a Futures Commission Merchant (FCM) and offer customers access to crypto futures. “Coinbase will now be the first crypto-native leader to directly offer traditional spot crypto trading alongside regulated...
Michael Burry Bets $1.6 Billion Against Market: ‘Big Short’ Investor Takes Bearish Stance on S&P 500 and Nasdaq
15.8.2023
In filings with securities authorities released on Monday, renowned hedge fund manager Michael Burry, whose exploits were famously captured in the film “The Big Short,” took a bearish stance on the market. Burry’s Scion Asset Management shorted the S&P 500 and Nasdaq 100...
Bitcoin Depot Q2 revenue jumps 18% y/y as it plans ATM adds after NASDAQ listing
15.8.2023
Bitcoin Depot records $197.5 million in revenue in the second quarter for 2023 spurred on by partnerships with various American retail stores
Coinbase Launches in Canada — Executive Says Canada ‘Well Positioned’ to Be a Global Leader in Crypto Economy
15.8.2023
Nasdaq-listed crypto exchange Coinbase has officially launched in Canada with new offerings to “make cryptocurrencies more accessible to millions of Canadians.” A Coinbase executive stated: “Canada is well positioned to be a global leader in the cryptoeconomy.” Coinbase...
Microstrategy’s Stock Soars 206% After Adopting Bitcoin Strategy
12.8.2023
Microstrategy’s stock (Nasdaq: MSTR) has risen 206% after the company adopted bitcoin as its primary treasury reserve asset. The business intelligence firm now holds 152,800 bitcoins, acquired for a total cost of $4.53 billion, and it has plans to buy even more. Microstrategy’s Stock...
Bitcoin Faces Increased Risk Relative to Stocks: Commodity Strategist Mike McGlone Warns of Challenges
7.8.2023
Seasoned commodity strategist Mike McGlone says bitcoin is now riskier relative to stocks, while he further warned that economic downturn pressures may hold silver prices at bay. Bitcoin Volatility Low, Silver Faces Challenges: McGlone In a client communication dated August 2, 2023, the prominent...
Microstrategy Increases Bitcoin Holdings to 152,800 BTC — Plans to Buy More With $750 Million Stock Sales
3.8.2023
Nasdaq-listed Microstrategy has disclosed that it now holds 152,800 bitcoins, acquired for $4.53 billion. A total of 12,800 bitcoins were acquired in the second quarter. The company also revealed that it plans to buy more bitcoin with proceeds from sales of its common stock of up to $750 million....
Stronghold Expands Operation With $3M Acquisition of 2,000 Canaan Bitcoin Miners
27.7.2023
Stronghold Digital Mining announced Thursday it has acquired 2,000 application-specific integrated circuit (ASIC) bitcoin mining rigs from Canaan. The new machines, costing $3 million, will be delivered to Stronghold’s Panther Creek facility in the third quarter. Stronghold Digital Mining...
Ant Group reportedly plans IPO, blockchain firm discloses offer price on Nasdaq, and more
26.7.2023
Ant Group is reportedly cutting off its blockchain and database management businesses from its main entity to prepare for an upcoming public offering
Wall Street Grapples with Crypto Custody: Nasdaq's Decision Sparks Activity
25.7.2023
A decision by the Nasdaq stock exchange to shelf its plans to launch a crypto custody service has led other US firms to also reconsider their planned push into crypto.
Following the Nasdaq news, major investment bank Citigroup is now also taking time to rethink its approach to crypto, with...