Bitcoin Hits $25K for First Time Ever

Tanzeel Akhtar is an independent British journalist whose work has been published in The Wall Street Journal, CNBC, FT Alphaville, Investing.com, Forbes, Euromoney and Citywire. Bitcoin exchange-traded funds (ETFs) are having a hard time clearing the bar in the U.S., where nine applications were rejected by the Securities and Exchange Commission (SEC) yesterday. The SEC…

GnosisDAO Spins Off KarpatkeyJune 4: GnosisDAO voted to spin off karpatkey as a stand-alone entity managed by the KPK token. Karpatkey has managed over $2.6 billion in treasuries since its launch, providing risk management and on-chain financial services. Karpatkey’s clients include Uniswap, GnosisDAO, CoW, MakerDAO, Safe, and Arbitrum, among others, according to a representative for

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In today's issue, Marissa Kim from Abra Capital Management looks at the growth of treasuries adopting bitcoin as a reserve asset. Then, Peter Gaffney shares his recent experience and conversations from the Cboe RMC conference in Ask an Expert. 01:48 Bitcoin Nears 'Golden Cross' Amid Rising U.S. Treasury Yields Concerns 02:02 Nigeria Frees Binance's Gambaryan;

news Bitcoin’s meteoric 2019 rally may have shown signs of cooling Wednesday, but that didn’t stil the cryptocurrency from ending the day in the green. In fact, the price of bitcoin ended yesterday’s session with its eighth consecutive day in the green, closing up by more than $1,200 on the day’s open of $11,375 and…

Bitcoin mining company Marathon Digital (MARA) has mined an invalid Bitcoin block at height 809478, according to several developers, miners and researchers.Anonymous Bitcoin developer "0xB10C" wrote on X that MaraPool had a "transaction ordering issue," this was confirmed by CasaHODL co-founder Jameson Lopp.The invalid Bitcoin block was rejected by other node operators. The block contained

China's yuan (CNY), one of the five currencies in the International Monetary Fund's special drawing rights basket, has depreciated by 2.7% against the U.S. dollar (USD) this month, its worst performance since September.Going back to February, the decline goes to 5% versus the greenback, and investment banking giant Goldman Sachs suggests it could drop further.Historically,…

Dec 31, 2020 at 9:52 p.m. UTCUpdated Dec 31, 2020 at 10:03 p.m. UTCFinCEN director Kenneth Blanco (U.S. Customs and Border Protection)FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+The Financial Crimes Enforcement Network (FinCEN), the U.S. Treasury Department wing tasked with monitoring potential legal violations of domestic financial laws, wants Americans to…

The recently approved Markets in Crypto Assets (MiCA) regulation is expected to provide much needed regulatory clarity and serve as a standard for global crypto regulations. But besides spurring a new wave of development in the industry, perhaps one of the most promising results of the new framework is that it will finally make a…