Bitcoin, the largest cryptocurrency, reached a new all-time high of 79,422,000 won ($71,000) at 5:55 a.m. UTC on the Upbit exchange in South Korea. The so-called “kimchi premium,” an indicator …
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Grayscale Confirms Its Plan To Convert Bitcoin (BTC) Trust To ETF
Crypto asset manager Grayscale has confirmed its intentions to convert its Bitcoin Trust into an exchange-traded fund, according to its April 5 filing with the U.S. Securities and Exchange Commission. In recent months …
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Paris Hilton To Be Very Excited About Bitcoin (BTC)
Socialite-turned-business-mogul Paris Hilton has come out as a Bitcoiner during her recent interview on the Thursday broadcast of CNBC’s “Closing Bell.” The original influencer—who first became known as the scandalous heiress …
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South Korean government sells 2017 Bitcoins, making $10.8 million profit
It’s typical of government agencies to sell seized Bitcoins during bull runs; with South Korean law enforcement agencies becoming the latest entity that has sold a significant amount of confiscated …
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George Soros To Buy Up Bitcoin (BTC) Infrastructure
“It’s everything from exchanges, asset managers, custodians, to the mundane like tax reporting on your crypto gains and everything in between.” So says Dawn Fitzpatrick (pictured), the chief investment officer of …
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JPMorgan Adjusts Its Bitcoin (BTC) Target to $130,000, Predicting Institutional Adoption
In its Thursday note, which was covered by Business Insider, JPMorgan states that Bitcoin’s declining volatility is going to spur stronger institutional adoption. Professional investors will feel more comfortable about holding …
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Fake Trezor iPhone App Deceived User for $ 600,000 in Bitcoin
A malicious smartphone app on Apple’s App Store, mimicking the name and visual style of Trezor hardware wallets, was used to steal 17.1 Bitcoin (BTC) from an unsuspecting user—worth $600,000 …
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No Fiat Conversion: Why Companies Increasingly Choose to Retain Bitcoin (BTC)
Mainstream firms entering the Bitcoin market have begun to adopt the option of storing their assets in Bitcoin and boycotting the option of converting to fiat. Some of these businesses include …
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Russia toughens bitcoin rules and will control receipts from cryptocurrency to fiat
Russian financial regulators are considering introducing additional measures on cryptocurrency-to-fiat conversion involving banks. According to Russia’s Financial Monitoring Service, Rosfinmonitoring deputy head, German Neglyad, the move is meant to weed out money laundering …
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BlackRock SEC Documents Reveal $ 360k From Bitcoin Futures
A filing from the U.S. Securities and Exchange Commission shows BlackRock Financial Management’s Bitcoin futures contracts have appreciated significantly this year. According to BlackRock’s monthly portfolio investments report released by the SEC …
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