Immigrants do work that might not otherwise get done – bolstering the US economy
Hundreds protested peacefully in Immokalee, Fla., against a state law enacted in 2023 that imposes restrictions on undocumented immigrants. AP Photo/Rebecca Blackwell Although Congress is failing to pass laws to restrict the number of migrants arriving in the U.S., a…
Bitcoin options trader bets over $65,000 | CoinDesk JAPAN
Cryptocurrency options exchange Deribit saw many calls traded at $65,000, $70,000, and $75,000 over the weekend. The concentration of activity in these so-called out-of-the-money calls reflects bullish market sentiment. Fears of a fall in Bitcoin (BTC) prices due to technical…
Demand for Bitcoin ETFs is 10 times greater than supply: Michael Saylor | CoinDesk JAPAN
In an interview with CNBC, MicroStrategy’s Michael Saylor highlighted the surge in demand from ETFs, citing Bitcoin’s novelty, digital nature, and global appeal. Saylor also said that MicroStrategy plans to rebrand as a Bitcoin development company due to its successful…
Bitcoin spot ETF excluding GBTC, total BTC holdings exceeds MicroStrategy
BTC holdings in spot ETF Nine US Bitcoin (BTC) spot ETFs (exchange traded funds), excluding GBTC provided by Grayscale, were found to collectively own more Bitcoin than MicroStrategy. This data was released on the 11th by HODL15Capital, which invests and…
Franklin Templeton joins the Ethereum ETF race | CoinDesk JAPAN
Franklin Templeton has filed for an Ethereum spot exchange-traded fund, according to a filing with the U.S. Securities and Exchange Commission (SEC). Outside of the company, in recent months BlackRock, Fidelity, Ark and 21Shares, Grayscale, VanEck, Invesco and Galaxy Digital)…
SEC Chairman Gensler: “We take security issues seriously” after the X takeover incident
Responding to the X hijacking incident U.S. Securities and Exchange Commission Chairman Gary Gensler sent a letter to House Republicans last week. In response to the posting of false important information that could affect the market on the official X…
Peter Thiel’s Founders Fund Bets Big On Bitcoin And Ether With $200M Investment: Report
In a recent development, Founders Fund, the venture capital firm established by billionaire Peter Thiel, has reportedly invested significantly in the cryptocurrency market. What Happened: The Founders Fund invested $200 million in cryptocurrency tokens, with half the amount in Bitcoin…
FTX Accelerates Bankruptcy Liquidation: Offloads $8 Million in Crypto Holdings
The post FTX Accelerates Bankruptcy Liquidation: Offloads $8 Million in Crypto Holdings appeared first on Coinpedia Fintech News FTX, currently engaged in bankruptcy proceedings, has initiated a sell-off or liquidation of its crypto assets, triggering market speculations. FTX’s crypto assets…
Ledger and Coinbase forge integration to streamline crypto purchases
Ledger and Coinbase streamline crypto purchases with Coinbase Pay integration. Users can now receive crypto purchases directly on Ledger hardware wallets. The collaboration aims to simplify the self-custody process and increase accessibility. Hardware wallet provider Ledger has joined forces with…
Bitcoin Dips Below $49,000 As Inflation Numbers Spook Market
The cryptocurrency market experienced a sharp downturn on Tuesday, mirroring a broader sell-off across financial markets triggered by hotter-than-expected inflation data. Bitcoin (CRYPTO: BTC), which just a day earlier had breached the $50,000 mark, plunged 3% to $48,535.17. The catalyst…