Tag: Bitcoin

21.co, the parent company of 21Shares, has launched its Wrapped Bitcoin product, 21BTC, on the Ethereum blockchain. This significant development, announced on September 3, comes through a collaboration with Flow Traders, a leading global market maker. According to the announcement, 21. co's Wrapped Bitcoin (21BTC) is designed with institutional-grade security ...

Japanese investment firm Metaplanet has announced a collaboration with SBI Holdings' crypto division, SBI VC Trade, to enhance both companies' Bitcoin trading, storage, and management capabilities. SBI VC Trade is a cryptocurrency exchange platform offering spot and margin trading for various digital assets. According to the press release, which was ...

Arthur Hayes, co-founder of BitMEX, has compared the U.S. Federal Reserve’s recent actions to a fleeting "sugar high" for the economy, suggesting that this could lead to a temporary boost with lasting impacts on the crypto market. In his latest blog post, Hayes argued that recent central bank decisions could ...

Crypto mining firm Vortex Brands will start buying MicroStrategy stocks as part of a fresh investment strategy. According to the firm, the move is designed to leverage MicroStrategy's Bitcoin-focused business model and capitalise on its potential growth.  According to an August 28 press release, the firm has acquired an initial ...

Crypto investment products saw over $530 million in inflows last week, the highest in five weeks, according to a new report from CoinShares. According to the report, the United States led the inflows with $498 million, while Hong Kong and Switzerland saw gains of $16 million and $14 million, respectively. ...

Marathon Digital has purchased $249 million worth of Bitcoin using funds from its recently announced $300 million private offering of convertible senior notes.  According to a statement posted on X by the US-based Bitcoin miner, the offering was oversubscribed, raising $300 million, which was reduced to $292.5 million after discounts ...

Coinbase may be preparing to launch a new product, specifically a wrapped Bitcoin token. Two cryptic posts from the US-based cryptocurrency exchange's official X account containing the words "cbBTC," followed by a "coming soon," have prompted this speculation. Coming soon. — Coinbase ????️ (@coinbase) August 14, 2024 cbBTC. — Coinbase ...

US based Bitcoin miner Core Scientific has increased its fundraising goal to $400 million, surpassing its initial target of $350 million. The company plans to achieve this through a private offering of convertible senior notes, as announced in another press release on August 14, 2024. In a press release, the ...

U.S. Bitcoin Miner Marathon Digital brands all Bitcoin blocks it mines in the US with a "Made in USA" label. “MARA is Team USA, proudly declared in each American-made bitcoin block we mine,” the compamy wrote in a recent post on X. MARA is Team USA, proudly declared in each ...

Marathon Digital Holdings has announced plans to raise $250 million through a private offering of convertible senior notes. The world's largest Bitcoin mining firm revealed this in a press release published today, August 12, 2024.  The release stated that the funds would be used to expand its Bitcoin holdings and ...