Business
Summary TLDR: Michael Saylor, a Bitcoin billionaire, claimed to own 17,732 BTC in 2020, now worth over $1.1 billion. His company, MicroStrategy, has invested heavily in…
Summary Bitcoin ETF launch has boosted BTC price, but mining companies are not seeing the same gains. Most mining firms’ stocks are down or flat in…
Summary TLDR: The U.S. House Financial Services Committee is questioning the SEC’s oversight of the crypto industry, particularly regarding Staff Accounting Bill 121. The SEC is…
Summary TLDR: Apple’s decision to ban Progressive Web Apps on iOS devices as part of compliance with the EU’s Digital Markets Act could have unintended consequences…
Summary TLDR: Marathon Digital plans to double its hash rate by 2025 using its balance sheet “dry powder” of $1 billion. The upcoming bitcoin halving event…
Summary TLDR: JPMorgan analysts believe that publicly traded bitcoin miners will benefit from the halving event, as smaller miners may struggle due to increased concentration of…
Summary Bank of America’s Merrill Lynch and Wells Fargo are now offering access to Bitcoin ETFs to select wealth management clients, reflecting increasing demand for Bitcoin…
Summary Ether.fi, a liquid restaking token provider, raised $23 million in Series A funding led by Bullish Capital and CoinFund. The firm also raised an additional…
Summary Bitcoin halving will decrease rewards for miners, leading to financial stress and potential mergers and acquisitions in the mining sector. Large companies like Marathon Digital…
Summary TLDR: Users are reporting zero balances on Coinbase accounts as bitcoin reaches all-time highs. Coinbase is investigating the issue but assures users their assets are…