Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
TL;DR Galaxy Asset Management (GAM) recently surpassed $10 billion in assets under management (AUM). The increase in institutional interest in digital assets has been a key
TL;DR The GPIF, the world’s largest pension fund, is considering the possibility of diversifying its investments with Bitcoin. The GPIF’s interest in BTC could have significant
TL;DR Bitcoin’s Surge and ‘Danger Zone’: Bitcoin has hit the $67,000 mark again, driven by ETF demand and anticipation of the upcoming halving event. However, it’s
TL;DR Bitcoin’s Dominance: Bitcoin has now overtaken gold in investor portfolio allocation when adjusted for volatility, with its allocation being 3.7 times greater than that of
TL;DR Democratic senators Jack Reed and Laphonza Butler urge the SEC to block cryptocurrency ETPs. They allege concerns about lack of transparency and liquidity in the
TL;DR Sudden Drop: Bitcoin’s value fell below $68,000, causing over $800 million in liquidations, indicating a sharp market correction and volatility. Market Impact: The decline led to significant
TL;DR Bitcoin’s Record High: On March 14th, Bitcoin reached a new all-time high of $73,884, with open interest for Bitcoin futures contracts hitting a record $34 billion,
TL;DR SEC orders SkyBridge Capital to withdraw its Bitcoin ETF application due to lack of timely amendments. SkyBridge had submitted the application more than nine months
TL;DR Roman Sterlingov, founder of Bitcoin Fog, has been found guilty of money laundering and operating an unlicensed money transmitting business. Despite maintaining his innocence during
TL;DR The Biden administration proposes a 30% tax on electricity used by Bitcoin miners. Even miners who generate their own electricity from renewable sources would be
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