SEC Approves ProShares Bitcoin Strategy ETF

SEC Approves ProShares Bitcoin Strategy ETF

The U.S. Securities and Exchange Commission (SEC) has given its approval to the first ever Bitcoin ETF filed by ProShares, an American provider of specialized exchange-traded products (ETPs). The shares will be listed on the New York Stock Exchange’s Arca starting...

Quantifying The Bitcoin Supply Shortage

Quantifying The Bitcoin Supply Shortage

The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.When looking at the bitcoin supply,...

Tether And Bitfinex Set To Pay $42.5m In Fines To CFTC

Tether And Bitfinex Set To Pay $42.5m In Fines To CFTC

Tether, the stablecoin issuer and blockchain technology firm behind $USDT, has been issued an order by the Commodity Futures Trading Commission (CFTC) to pay $41 million in civil monetary penalties. iFinex, the parent company of the Bitfinex exchange, was also served...

MassMutual Has Tripled Bitcoin Investment Dollar Terms

MassMutual Has Tripled Bitcoin Investment Dollar Terms

MassMutual has more than tripled the dollar value of its bitcoin investment in under one year.The insurance company bought an undisclosed amount of BTC for $100,000,000 on December 10, 2020, when the bitcoin price was hovering around $18,500.The Massachusetts Mutual...

Bitcoin Returns To $60K, What’s Holding Off From New ATHs?

Bitcoin Returns To $60K, What’s Holding Off From New ATHs?

At the time of writing, Bitcoin has smashed its way through the $60,000 resistance and seems ready to take on new highs. The first cryptocurrency by market cap records a 11.6% and 4.2% profit in the weekly and daily charts, respectively. BTC rejected from the $60k...