We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Bitcoin financial services firm Swan revealed on Monday that it will likely shutter its managed mining operations, and as a result, it has abandoned plans to…
Month: July 2024
Bitcoin Soars as Trump Gains Political Support
Bitcoin (BTC-USD) is experiencing a significant surge, driven by a newfound wave of political support as former President Donald Trump prepares to address a bitcoin conference in Nashville this week. The price of bitcoin has risen by more than 13% over the past month, surpassing $68,000 in the last 24 hours and nearing its all-time high set earlier this year.…
Forcount crypto scheme promoters plead guilty to wire fraud conspiracy
On July 22, two of the five individuals who allegedly stole $8.4 million from investors between 2017 and 2021 by promoting Forcount pleaded guilty. Source: https://cointelegraph.com/news/forcount-promoter-pleads-guilty-wire-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Swan Bitcoin Cancels IPO, Cuts Staff, Shuts Mining
Swan Bitcoin, a notable Bitcoin financial services firm, has announced significant strategic shifts, including the cancellation of its initial public offering plans, discontinuation of its managed mining unit, and substantial staff reductions across several units. This move reflects the company’s response to the evolving challenges within the Bitcoin mining industry and its broader financial strategy. Cancellation of IPO Plans Swan…
Superstate Launches Crypto Carry Fund for Bitcoin & Ethereum
Superstate, a crypto firm specializing in tokenizing conventional financial services, has launched its new Crypto Carry Fund. This innovative fund is designed to capitalize on the arbitrage opportunities between the spot and futures markets for Bitcoin and Ethereum, providing high yield returns for wealthy investors. The fund, issued as an Ethereum ERC-20 token, marks a significant step in making sophisticated…
Hive Digital Eyes Paraguay As Next Bitcoin Mining Hub
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Paraguay is continuing its push to be a crypto hotspot as Canadian mining giant Hive Digital announced Monday that it plans to open a Bitcoin operation…
Cross-Border Digital Ruble Payments May Become a Reality in 2026
Generalized international settlements using the Russian digital ruble will not be available until 2026, according to statements from Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market. Aksakov stated that in 2025, authorities plan to expand the current pilot stage to implement these transactions within Russia. Subsequently, they will generalize and test […] Source: https://news.bitcoin.com/cross-border-digital-ruble-payments-may-become-a-reality-in-2026/
Superstate Launches Crypto Carry Fund for Bitcoin & Ethereum
Superstate, a crypto firm specializing in tokenizing conventional financial services, has launched its new Crypto Carry Fund. This innovative fund is designed to capitalize on the arbitrage opportunities between the spot and futures markets for Bitcoin and Ethereum, providing high yield returns for wealthy investors. The fund, issued as an Ethereum ERC-20 token, marks a significant step in making sophisticated…
Breaking: Spot Ethereum ETFs to begin US trading on July 23
The approved spot Ether ETF applicants included BlackRock, Fidelity and Grayscale, and are expected to bring billions of dollars into the ecosystem. Source: https://cointelegraph.com/news/spot-ethereum-etfs-begin-trading-sec-approval?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum ETFs Clear Final Hurdle to Begin Trading Tomorrow
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The United States Securities and Exchange Commission (SEC) has given final approvals to spot Ethereum ETFs, clearing the way for the funds to begin trading as…