MicroStrategy‘s $4 billion Bitcoin (BTC) bet turned profitable on June 21 after the cryptocurrency’s value surpassed the firm’s average purchase price of $29,803 for the first time in almost two months, according to CryptoSlate’s data. According to a May 1 filing with the U.S. Securities and Exchange Commission, MicroStrategy holds about 140,000 Bitcoin acquired at […]

Cryptocurrency custodial company BitGo said it “has made the hard decision to terminate its acquisition” of rival firm custody Prime Trust, according to a June 22 tweet. BitGo stated it made considerable effort and worked to find a path forward with Prime Trust. It added: “This decision was not made lightly and BitGo remains committed […]

The post The Bitcoin ‘Institutional Wave’: Opportunity or Trap? Insights Amidst SEC Lawsuits appeared first on Coinpedia Fintech News In an exciting turn of events, today the price of Bitcoin has soared to an impressive $30,780 following the recent filings for a Bitcoin exchange-traded fund (ETF) by two renowned financial powerhouses BlackRock and Fidelity Investment. […]

The post Blackrock ETF Filing Sparks Market Optimism, But Will SEC Derail The Rally? appeared first on Coinpedia Fintech News The crypto market has been riding high on a wave of optimism following Blackrock’s Bitcoin Spot ETF filing.  Daan (@DaanCrypto), a well-known analyst, has offered some insightful speculation on the potential market implications of this […]

Coinspeaker Binance Unveils Local Digital Asset Platform in Kazakhstan As always, the popular crypto exchange Binance is expanding its horizon by launching a regulated platform in Kazakhstan. The company announced the new local digital asset platform in the country on June 20th after receiving a go-ahead in October last year. At the Astana International Financial […]

Coinspeaker Bitcoin Equities ETF Makes Debut on Euronext Stock Exchange The highly anticipated Bitcoin Equities Exchange-Traded Fund (ETF) product has made its debut on the Euronext Amsterdam stock exchange. This groundbreaking move brings Bitcoin into the realm of traditional financial markets, offering investors a regulated and easily accessible way to gain exposure to the world’s […]

Ripple, a leading provider of enterprise blockchain and cryptocurrency solutions, has announced a significant milestone for its Singapore subsidiary, Ripple Markets APAC Pte Ltd. (Read More)

BTC/USD Peaks at 30800:  Sally Ho’s Technical Analysis – 23 June 2023 Bitcoin (BTC/USD) continued to moderate early in the Asian session as the pair gave back some recent strong gains following an appreciation to the 30800 level, its strongest print since mid-April.   Stops were elected above the 30127.80 area during the ongoing appreciation, an […]

AI crypto has gained significant attention and investments in 2023. That said, several analysts suggest an AI crypto gem, Avorak (AVRK), as a stellar investment for 2023. Is AI crypto a good investment? Integrating artificial intelligence (AI) into cryptocurrency can revolutionize various industries, offering innovative solutions and driving efficiency. AI technology can enhance the security, […]

The postal service of the autonomous territory of the Faroe Islands has become the latest national postal service to issue a collection of NFT collector stamps. The Faroe Islands have issued a new series of digital “crypto stamps,” with a digital copy stored on the blockchain as a nonfungible token (NFT) while still serving as […]