Osprey Funds to seek SEC approval to convert Bitcoin trust into ETF

A conservative member (MP) of the United Kingdom’s (U.K.) Parliament has said that making payments to local authorities and utility providers with Bitcoin (BTC) should be possible. The MP’s statements were reported by local news outlet Express.co.uk on Dec. 10.The article notes that Eddie Hughes, a member of the U.K. Parliament for the Walsall North…

Demand for Grayscale’s Bitcoin Trust is growing. Kingfisher Capital went from owning zero shares to over 10,000 in just a few months. 836 Total views 5 Total shares Kingfisher Capital, a North Carolina wealth manager, has scooped up 10,667 shares of the Grayscale Bitcoin Trust, according to a recent filing with the United States Securities…

Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express

Bitcoin (BTC) traders are desperate for fresh BTC price volatility, but opinions are diverging on when it will come.BTC/USD is currently seeing some of the least volatile conditions in its history, price metrics show.Volatility far from guaranteedSince the FTX crisis, Bitcoin has settled into a historically narrow trading range which refuses to budge.Despite macro triggers,…

The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.

One way or another, Russians get exposure to crypto even if they go abroad, Tinkoff Investments’ head said. 1331 Total views 31 Total shares Tinkoff Investments, the online brokerage of major Russian private bank Tinkoff, is researching cryptocurrency investment services despite the Bank of Russia withholding the bank from launching such tools.Tinkoff Investments head Dmitry…

Blockchain industry members claim that smaller-scale startups have struggled to forge partnerships with local banks in South Korea and are therefore unable to register under regulators' new requirements. 3619 Total views 19 Total shares South Korea is heading into a new period for its crypto industry, with stringent new rules coming into effect on March…

Bitcoin (BTC) flipping full bull could come courtesy of the United States government, a new prediction says.In an X thread on Oct. 4, Arthur Hayes, former CEO of crypto exchange BitMEX, eyed ballooning yields as precursor to a new Bitcoin and crypto bull market.Hayes: Bitcoin bulls should eye U.S. "no way out" momentU.S. treasury yields

An analyst from global banking giant Deutsche Bank expects Bitcoin will enjoy a “first-mover advantage" over other cryptocurrencies for the foreseeable future. 131 Total views 2 Total shares Marion Laboure, an analyst at Deutsche Bank’s research division, said she can envision Bitcoin taking the role of digital gold in the future: lasting for centuries and…