Tag: Bitcoin

StarkWare, an Israeli company known for its Ethereum layer-2 solutions StarkNet and StarkEx, has announced a major initiative to enhance Bitcoin's capabilities using zero-knowledge rollups. The company has committed $1 million to research and development for this effort, highlighting its dedication to improving Bitcoin scalability. StarkWare's solution centres around StarkNet, ...

Bitcoin financial services company Unchained Capital Inc. and the University of Austin, Texas (UATX) have partnered to establish the first-ever endowment fund denominated entirely in Bitcoin (BTC) at a higher education institution. Unchained revealed this move in a blog post on May 31, stating that the pioneering initiative aims to ...

CryptoQuant founder and CEO Ki Young Ju has drawn parallels between the current market dynamics and those in the mid-2020 period that preceded Bitcoin's previous bull run, raising expectations and speculation about the potential for a similar historical pattern to unfold in the near future. In a post on X ...

ARK Invest CEO Cathie Wood has predicted that El Salvador's gross domestic product (GDP) could increase tenfold over the next five years if it continues its Bitcoin and artificial intelligence adoption plan under President Nayib Bukele, “President Bukele’s determination to turn El Salvador into an oasis for the Bitcoin and ...

BlackRock's iShares Bitcoin Trust (IBIT) has become the largest Bitcoin exchange-traded fund (ETF) globally, surpassing the Grayscale Bitcoin Trust (GBTC) according to the latest publicly available data. According to the Apollo Bitcoin Tracker, BlackRock's spot Bitcoin ETF has shown impressive growth, amassing 288,670 BTC, surpassing Grayscale's holdings of 287,450 BTC.  ...

Semler Scientific Inc., a developer and provider of healthcare technology products,announced today a major shift in its financial strategy. Semler Scientific's board of directors has adopted Bitcoin (BTC) as its primary treasury reserve asset, a vote of confidence in the digital currency's long-term value and potential growth. As part of ...

Mt. Gox has shaken the crypto world by making a staggering $7.3 billion transfer in Bitcoin to an unknown wallet. The move, which is the first in five years, has sparked renewed fears over how the exchange is handling assets and what this means for the market. The transfer, which ...

Over $2.7 billion in Bitcoin and Ether options are set to expire soon, according to Greeks.live’s market update for May 24, 2024. The financial trading platform, in a recent social media post, claimed that 21,000 Bitcoin options are nearing expiry, with a put/call ratio of 0.88, indicating a slight preference ...

In the last twelve hours, the crypto community has been engaged in a discussion and debate about the United States Securities and Exchange Commission (SEC)'s unique approval process for spot Ether exchange-traded funds (ETFs). This process differed notably from the one for spot Bitcoin ETFs approval in January, which involved ...

Market analysts have expressed concern over Bitcoin's struggles to keep its price above $69,000. Notably, the cryptocurrency reached price levels above $71,000 in the last 24 hours but quickly fell back to $69,000 within a few hours.  The $69,000 point has been pegged as an important threshold for which Bitcoin’s ...