SEC reportedly wont appeal court decision on Grayscale Bitcoin ETF

The U.S. Securities and Exchange Commission reportedly has no plans to appeal the recent court decision that favored Grayscale Investments. The ruling requires the SEC to review the firm’s spot Bitcoin (BTC)... Read more »

Madeira announces creation of Bitcoin business hub for innovation

President of the Regional Government of Madeira, Miguel Albuquerque, has announced plans to create a Bitcoin (BTC) business hub to drive regional innovation. The statement was made during a fireside chat with... Read more »

What happens if SEC doesn’t appeal Grayscale spot Bitcoin ETF ruling?

The United States Securities and Exchange Commission will soon reach its deadline to appeal the court decision that ruled in favor of Grayscale Investments, forcing the regulator to review the fund manager’s... Read more »

BitVM’s goal is to scale Bitcoin, not be a pseudo-Ethereum, says dev

One of the developers working on “BitVM” — a Bitcoin-based virtual machine — reiterates the tech is intended to scale Bitcoin rather than launching Ethereum-like decentralized finance applications on the network. BitVM’s... Read more »

Bitcoin faces elevated CPI, with BTC price tackling $26.8K focal point

Bitcoin (BTC) was clinging to the key $26,800 mark prior to the Oct. 12 Wall Street open as United States inflation data continued to beat expectations. BTC/USD 1-hour chart. Source: TradingView BTC... Read more »

Inflation and war impact markets, but Paul Tudor Jones says, ‘I love Bitcoin and gold’

Investing legend Paul Tudor Jones has revealed that he’s bearish on stocks and bullish on gold and Bitcoin (BTC). The two main reasons he cites are the potential for an escalation of... Read more »

BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, DOT, MATIC

Buyers are finding it difficult to maintain Bitcoin (BTC) price above $27,000. The selling increased after the September producer price index rose 0.5% for the month versus expectations for a 0.3% increase.... Read more »

Bitstamp’s departure from Canada is ‘timing issue,’ says CEO

Cryptocurrency exchange Bitstamp hopes to return to Canada after halting operations early next year, according to Bitstamp USA CEO and global chief commercial officer Bobby Zagotta. Bitstamp will officially discontinue its services... Read more »

Bitcoin Lightning Network growth jumps 1,200% in 2 years

Bitcoin’s layer 2 Lightning Network has seen an estimated 1,212% growth in two years, with around 6.6 million routed transactions in August, a significant jump compared to August 2021’s 503,000 transitions, according... Read more »

BTC price rally in doubt? Bitcoin young supply echoes 2022 bear market

Bitcoin (BTC) traders are displaying behavior similar to the 2022 bear market bottom as “uncertain” sentiment rules, new research argues. In one of its Quicktake market updates on Oct. 9, on-chain analytics... Read more »