Tag: Doge

The U.S. Securities and Exchange Commission (SEC) has approved the use of in-kind creation and redemption processes for all spot bitcoin (BTC) and ethereum (ETH) exchange-traded funds (ETFs), marking a significant shift in the regulator’s approach to digital assets under its new leadership. The decision allows authorized participants—large institutional...

Strategy (MSTR), the largest corporate owner of bitcoin (BTC), said on Tuesday it has acquired roughly $2.4 billion worth of BTC using the funds from its new preferred stock (STRC) issuance. The firm sold nearly $2.5 billion worth of STRC, also dubbed “stretch,” to investors, significantly more than the...

The co-founders of Samourai Wallet are expected to plead guilty to charges that, via their bitcoin mixing service, they helped hackers and other cyber criminals launder over $100 million in dirty money, according to Tuesday court filings. Both Keonne Rodriguez and William Lonergan Hill initially pleaded not guilty after...

The SEC has approved in-kind creation and redemption for Bitcoin and Ethereum ETFs, aligning them with traditional commodity ETPs. The post SEC greenlights in-kind redemptions for Bitcoin and Ethereum ETFs appeared first on Crypto Briefing....

Bitcoin (CRYPTO: BTC) miner MARA Holdings Inc (NASDAQ:MARA) reported second-quarter financial results after the market close on Tuesday. Here’s a look at the key metrics from the quarter. Q2 Earnings: MARA Holdings reported second-quarter revenue of $238.5 million, beating analyst estimates of $218.45 million, according to Benzinga Pro. The Bitcoin mining company...

Many cryptocurrencies have shown signs of strength over the past few weeks, but Litecoin has been relatively quiet. After climbing above $125 in mid-July, Litecoin began to fade, gradually declining to around $110. This price pullback, though not particularly dramatic, extended Litecoin’s months-long pattern of tight consolidation and hesitant...

Strategy buys 21K BTC using proceeds from its $2.5B STRC stock IPO, bringing total holdings to 628,791 BTC. The post Strategy acquires 21K BTC after $2.5B STRC stock sale appeared first on Crypto Briefing....

Strategy (NASDAQ:MSTR), formerly known as MicroStrategy, has completed a $2.52 billion initial public offering (IPO) of its STRC preferred stock and used the proceeds to purchase 21,021 Bitcoin at an average price of $117,256 per BTC, the company announced July 29. The STRC stock offering, the largest U.S. IPO...

Queens Park Rangers is diving headfirst into asset tokenization, partnering with TokenFi in a sponsorship deal that could turn fan engagement into a tradable market. The EFL Championship club is testing whether blockchain can finally crack mainstream sports. In a…...

CoinDCX CEO Sumit Gupta has refuted rumors of a potential $900 million purchase of the platform by Coinbase. The development follows a $44 million crypto hack that affected the Indian exchange two weeks ago. $900M Coinbase Deal On Monday, an Indian news outlet reported that Coinbase was in “advanced...