The Trump family is digging deeper into Bitcoin—this time, with a mining venture backed by Eric Trump. The President’s son is teaming up with Miami-based Hut 8 to launch American Bitcoin Corp. The mining operation aims to go public and become one of the largest in the country, according to a Bloomberg report on Tuesday. The announcement marks another step…
Grayscale has filed with the SEC to list its digital large cap fund as an ETF on NYSE Arca, offering exposure to bitcoin, ethereum, XRP, solana, and cardano. Grayscale’s Digital Large Cap Fund Targets NYSE Arca Listing for Broader Crypto Exposure Crypto asset manager Grayscale Investments filed a Form S-3 registration statement with the U.S. […] Source: https://news.bitcoin.com/grayscale-seeks-sec-approval-to-list-crypto-etf-with-btc-eth-xrp-sol-ada-holdings/
Bitcoin miners continue to face challenges, with 14 top public companies in the space collectively having their worst month on record in March, according to investment bank JP Morgan. In a Tuesday report, the Wall Street giant said that the Bitcoin miners it tracks, which include the likes of MARA and Core Scientific, collectively shed 25%—or about $6 billion—of their…
Opinion by: Tomer Warschauer Nuni, chief marketing officer of Kima Network No one should be surprised that the crypto space is actively discussing the new wave of enthusiasm around AI and its limitless uses. According to proponents, AI represents the most promising approach to enhancing blockchain technologies and decentralized applications, driving greater autonomy and efficiency across the ecosystem. The use…
‘Expect fireworks’ — Off The Grid’s $GUN token launches on Binance After five months of anticipation, the most exciting Web3 game of 2024 finally rolled out its cryptocurrency token this week. Third-person battle royale shooting game Off The Grid’s native token, GUNZ (GUN), launched on crypto exchange Binance on March 31, alongside the launch of the Avalanche-based GUNZ mainnet. Within…
Crypto stablecoin issuer Circle Internet Group has filed with the US Securities and Exchange Commission to go public on the New York Stock Exchange. The USDC (USDC) issuer is planning to list its Class A common stock under the symbol “CRCL,” according to its April 1 Form S-1 registration statement with the SEC. Circle’s prospectus does not detail the number…
Despite Bitcoin’s 2.2% gains on April 1, BTC (BTC) hasn’t traded above $89,000 since March 7. Even though the recent price weakness is often linked to the escalating US-led global trade war, several factors had already been weighing on investor sentiment long before President Donald Trump announced the tariffs. Some market participants claimed that Strategy’s $5.25 billion worth of Bitcoin…
Despite Bitcoin’s 2.2% gains on April 1, BTC (BTC) hasn’t traded above $89,000 since March 7. Even though the recent price weakness is often linked to the escalating US-led global trade war, several factors had already been weighing on investor sentiment long before President Donald Trump announced the tariffs. Some market participants claimed that Strategy’s $5.25 billion worth of Bitcoin…
The U.S. dollar’s reign as the world’s safe-haven currency is under threat, an expert warns, citing inflation, tariffs, and fading global trust in U.S. leadership. US Dollar Could Lose Global Throne With Inflation Rising and Allies Backing Away A major shake-up to the global financial order could be looming, according to Nigel Green, CEO of […] Source: https://news.bitcoin.com/us-dollar-safe-haven-status-in-jeopardy-as-tariffs-erode-global-trust-expert-warns/
Crypto exchange provider Coinbase Global receives half of Circle’s residual revenue generated from reserves backing its USDC stablecoin, according to new details disclosed in Circle’s IPO filing. In an S-1 filing submitted to the Securities and Exchange Commission on Tuesday, Circle revealed Coinbase receives 50% of the “residual payment base”—a portion of revenue explicitly derived from reserves backing Circle’s flagship…
