While a bitcoin exchange-traded fund (ETF) would be a long-term positive, in the short term it could hurt the price of the leading cryptocurrency as it would draw institutional money from the Grayscale Bitcoin Trust (GBTC), currently the only way for some on Wall Street to gain exposure to bitcoin, […]

Bitcoin hit a fresh all-time high Friday as investors continued to scoop up some of its limited supply. The ether futures market also hit records as derivatives traders check out the second-largest cryptocurrency by market capitalization. Bitcoin (BTC) trading around $39,304 as of 21:00 UTC (4 p.m. ET). Gaining 0.64% […]

Polish FX brokerage, XTB is seeking a license from the Dubai Financial Services Authority (DFSA) after it has incorporated its new subsidiary, XTB MENA Limited, in the Dubai International Financial Center (DIFC). The DIFC’s website shows that the registration status of the new spin-off is ‘Active’ while its regulatory application is ‘Pending DFSA Authorization.’ […]

Morgan Stanley now owns 792,627 shares of MicroStrategy, bringing its total ownership in the company best known for holding over $2 billion in bitcoin to 10.9%, according to a filing made with the U.S. Securities and Exchange Commission. This story is developing and will be updated. Source: Read Full Article

In a report published today, CryptoCompare said trading volumes of crypto-based derivative products increased 8.6% in December to $1.43 trillion. That’s a new all-time high, breaking past the previous record of $1.32 trillion set in November. The report points out that the derivatives market now represents almost 55% of the […]

The surge in bitcoin’s price on Friday has propelled the cryptocurrency past Facebook’s market cap. Next, bitcoin stands to flip Tesla, Google, Amazon, Microsoft, and then Apple. Bitcoin Surpasses Facebook in Market Cap Bitcoin’s frequent rise past all-time highs this week has made the size of the cryptocurrency larger than […]

Pre-public offering futures for leading U.S.-exchange Coinbase hit $311 Thursday on derivatives exchange FTX amid bitcoin‘s parabolic price rally and despite Coinbase’s ongoing “connectivity issues.” The exchange suffered “connectivity issues” for six hours yesterday, with the same problem resurfacing today. The company said it is working to implement a fix […]

Bitcoin mining revenue has nearly tripled in the past three months measured by dollars per terahashes per second (TH/s). In early October, miners were earning roughly $0.078 per TH/s. Following bitcoin’s parabolic price rally, that revenue has soared by 265%, reaching $0.284 Thursday. Not since early August 2019 has miner […]