VanEck’s Bitcoin ETF is under review, will the SEC approve it?
The Securities and Exchange Command (SEC) has acknowledged VanEck’s Bitcoin exchange-traded fund proposal, publishing it on its website. This means the regulatory body will have 45 days to decide the launch of a Bitcoin ETF. If the SEC doesn’t deny or...
US bank Morgan Stanley to launch three Bitcoin funds
Morgan Stanley will soon launch two Bitcoin-focused funds as demand for cryptocurrencies picks up among institutional clients, reported business outlet CNBC on Thursday, citing two people with knowledge of the matter.The bank has, so far, remained wary of introducing crypto services...
The U.K. advertising watchdog bans “misleading” Bitcoin advert
The U.K.’s advertising watchdog has banned a newspaper advert on the grounds that it irresponsibly promoted Bitcoin. A member of the public complained that the advert was misleading and socially irresponsible.Following an investigation, the complainant’s objections were upheld by The Advertising...
Latest fake Elon Musk crypto giveaway scam costs man $550,000 in BTC
The latest Bitcoin giveaway scam to pop up on Twitter has claimed a massive victim last month, with a German man telling BBC that he sent 10 BTC, worth over $550,000 at press time, to the scammer believing it would double...
Chinese firm Meitu buys $50M worth of Ethereum and Bitcoin, adding $90M in net purchases
Chinese firm Meitu recently announced another crypto-investment, buying an additional 16,000 ETH (around $28.4 million) and 386 Bitcoins ($21.6 million approximately). The firm has accrued a net purchase of $90 million worth of crypto shortly after buying ETH and BTC on...
VISA says it’s developing a Bitcoin and crypto business
Visa is set to enter the cryptocurrency market as the payments processor looks to capitalize on the sector’s growth and expand its worldwide business, a report on business outlet Moneycontrol said Tuesday.Visa moves into the Bitcoin and crypto worldThe firm has...
Survey: 2 in 5 Americans to invest stimulus checks into Bitcoin
A new survey found investors were more likely to bet on Bitcoin and other cryptocurrencies ahead of stocks with the proceeds from the upcoming round of stimulus checks.The checks are coming for BitcoinJapanese megabank Mizuho found in a recent survey that...
Four tech firms have bought 66% of all Bitcoin mined since August
Four technology giants from around the world have been quick to jump on the Bitcoin bandwagon. And they are likely enjoying the multifold gains.Bitcoin frenzyThree firms from the US and one firm from China have brought over 66% of all new...
Dutch political candidate uses Bitcoin ‘laser eyes’ for campaign ads
The ‘laser eyes’ meme has picked up in crypto circles on social media, attracting celebrities and Bitcoin proponents alike. But even politicians seem to be cashing in on the hype.Laser eyesA Dutch politician is now using a popular meme that’s been...
Bitcoin drops 10% after Indian government proposes new crypto ban
Today, Bitcoin dropped more than 10% after the Indian government proposed legislation for banning Bitcoin, according to Reuters. The government already had plans to ban cryptocurrencies since January — but now it’s become clear that the goal is to strictly regulate...
