WisdomTree Granted Trust Company Charter To Offer Crypto-Related Services in New York
WisdomTree, the global asset manager behind the BTCW Spot Bitcoin Exchange-Traded Fund (BATS: BTCW), has been granted a charter from the New York State Department of Financial Services to offer crypto-related services in the state. The charter allows WisdomTree to…
Cathie Wood’s Ark Invest Sells Another Tranche Of Block Shares, Even As Bitcoin Price Stages A Recovery
On Wednesday, Cathie Wood-led Ark Invest made a significant move by offloading shares of Block Inc (NYSE:SQ) amidst Bitcoin (CRYPTO: BTC) prices recovering. The Block Inc Trade The sale, worth $3.5 million, was executed through Ark’s flagship ARK Innovation ETF…
How Many Bitcoins Does It Take To Buy A House? The Number Might Surprise You
Bitcoin has led the crypto craze in 2024, performing extremely well and turning heads across the financial sector. The price has continued to rise, and many do not see the bullish momentum ending anytime soon. As exchange-traded funds (ETFs) continue…
FTX’s new CEO slams SBF’s claims of ‘zero harm’ to customers
John Ray III, the CEO and restructuring officer of FTX, has criticized an attempt made by Sam Bankman-Fried’s lawyers to reduce his sentence, emphasizing that the victims of the fraud “have suffered and continue to suffer.” On Wednesday, Ray penned a…
Your Cryptocurrency Could Help Ukrainians to Protect Their Home and “Stay Connected”
Vilnius, Lithuania, March 21, 2024 (GLOBE NEWSWIRE) — It has been two years since Ukraine was severely attacked, though yet its resilience and determination to safeguard the freedom of its people remain unwavering. The thing of utmost importance in this…
Japan’s $1.5 Trillion Government Fund Seeks Info on Illiquid Assets Including Bitcoin for Portfolio Diversification
Japan’s Government Pension Investment Fund (GPIF) is seeking information regarding the option to potentially include Bitcoin (CRYPTO: BTC) (among other illiquid assets) in its investment portfolio. The fund announced on Tuesday that it officially requests the public to submit information…
North Korea: Crypto-hacks fuel 50% of country’s foreign funds, claims report
North Korea relies on “malicious” cyberactivities to generate substantial foreign currency revenue to fund its weapons of mass destruction (WMD) programs. A recent United Nations Security Council (UNSC) report revealed that an estimated 50% of the regime’s foreign currency gains…
EXCLUSIVE: Bitcoin A Viable Alternative In Countries With Financial Challenges, Coinbase UK CEO Tells Benzinga
Coinbase Inc. (NASDAQ: COIN) UK CEO Daniel Seifert on Thursday dubbed Bitcoin (CRYPTO: BTC) as a viable alternative in countries that are grappling with financial challenges. In an interview with Benzinga, Seifert pointed to several catalysts fueling Bitcoin’s meteoric rise…
India’s Crypto Market In Limbo: Another Exchange Departs As Regulations Remain Unclear
OKX is withdrawing from the Indian market. What Happened: On March 21, OKX issued a directive to its Indian clientele, advising them to liquidate their holdings and shut down their accounts by April 30. The company attributed the exit to…
Coinbase Stock Is Ripping Higher: What’s Going On?
Coinbase Global Inc (NASDAQ:COIN) shares are trading higher Thursday amid a rise in Bitcoin (CRYPTO: BTC) prices. What To Know: The broader crypto space got a boost from increased demand following the approval of spot bitcoin ETFs in January, but…