In a riveting turn of events, following the turmoil witnessed by Bitcoin, Ethereum, and the broader crypto market due to escalating geopolitical tensions between Israel and Iran, the cryptocurrency sector noted a rebound today, piquing substantial interest globally. Amidst this recovery trend, an Ethereum whale staked colossal amounts of ETH on Beacon Chain, fueling optimism […]
Roundhill’s YBTC Merges Bitcoin ETF with Call Options
Roundhill Investments, a key player in the ETF industry, has launched its new Bitcoin ETF, trading under the ticker YBTC. Debuting on the Chicago Board Options Exchange (CBOE), this actively managed fund aims to reflect the performance of Bitcoin, primarily through investment in the ProShares Bitcoin Strategy ETF (BITO). YBTC stands out for incorporating a […]
Michael Saylor Pockets $370M From MicroStrategy Share Sale Before Bitcoin Halving
Bitcoin evangelist Michael Saylor has made $370 million from the sale of MicroStrategy shares this year. MicroStrategy’s founder entered into a stock-sale agreement with the company last year to sell his shares in the company until April 2024 this year. Michael Saylor Made $370 Million From Share Sale MicroStrategy founder and executive chairman Michael Saylor […]
Hong Kong Eyes Bitcoin ETF Debut As Trading Volume Continues To Surge
In a flurry of innovations witnessed across the Chinese crypto landscape, a Hong Kong-based financial services company recently announced plans to seek approval for a spot Bitcoin ETF launch within the nation. If approved, the country is poised to emerge as the second significant powerhouse to commence Bitcoin ETF trading, following the U.S. Notably, Venture […]
SEC Updates Complaint Against Justin Sun’s US Business Dealings
The Securities and Exchange Commission (SEC) has submitted an amended complaint underlining the U.S. jurisdiction over Justin Sun, founder of the Tron Foundation, because of his significant presence and investment activities in the United States. This legal refinement is part of the ongoing lawsuit initiated by the SEC in March 2023, where Sun and his […]