Tag: Crypto

Bitcoin ETFs Enter 2025 After Massive First Year

Spot Bitcoin (CRYPTO: BTC) ETFs, which hit the 1-year mark last week, had a banner first year transforming the Bitcoin market and bridging crypto with traditional finance. Approved by the Securities and Exchange Commission on Jan. 10, 2024, and hitting the market the following day, the total net assets...
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Coinbase’s Layer 2 System Base Gets a Marketplace Linked to Gas Revenue

The runaway success of Base, the Coinbase-owned Ethereum overlay blockchain designed for faster, cheaper transactions, has prompted the creation of a market linked to the fluctuating cost of the total gas needed to power the network, allowing speculators to bet on recurring utility spikes on the layer 2 system....
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Hundreds Of Companies Will Buy Bitcoin Over The Next 12-18 Months: Fund CIO

In a newly released memo dated January 13, 2025, Matt Hougan, Chief Investment Officer (CIO) at Bitwise, argues that the phenomenon of corporations purchasing Bitcoin for their treasuries is far more widespread and influential than most investors realize. According to Hougan, “We’ll see hundreds of companies buy Bitcoin for...
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Japan’s Remixpoint Invests $3.2M to Add 33 BTC To Its Crypto Holdings

Japanese energy consulting firm Remixpoint has expanded its cryptocurrency portfolio by acquiring an additional 33.34 Bitcoin (BTC) for 500 million yen ($3.2 million). The Tokyo-listed company announced the purchase on Friday, 10 January 2025, bringing its total Bitcoin holdings to 333.19 BTC, valued at approximately $31.7 million. The company’s...
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Robinhood Settles With SEC For $45M Over Securities Law Violations

Robinhood, the popular online brokerage platform, has agreed to pay a $45 million settlement to the US Securities and Exchange Commission (SEC) following allegations of violating over ten securities law provisions. The settlement affects Robinhood’s broker-dealer subsidiaries, Robinhood Securities LLC and Robinhood Financial LLC, according to a 13 January...
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