Bitcoin
The iShares Bitcoin ETF joins an exclusive club that only includes 152 funds from the entire ETF universe of 3,400 offerings.
Regulation
The government regulator participated in a fireside chat on Thursday, talking about how “strange” the SEC’s approach of regulation through enforcement has been.
The banking giants are giving wealth management clients access to the spot bitcoin exchange-traded funds that received U.S. regulatory approval and started trading in January.
While some investors seemed ready to take profits as the price of bitcoin surged past $60,000 on Wednesday, many others seemed content to hold.
Business
Gemini will also pay a $37 million fine for “significant failures that threatened the safety and the soundness of the company,” according to the New York State Department of Financial Services.
The Bitcoin ecosystem is experiencing a surge in energy, with BTC’s price returning to levels not seen since Nov. 2021, new spot BTC exchange-traded funds shattering volume records, and market sentiment reaching extreme greed.
Technical issues on Coinbase led to user account anomalies during Bitcoin’s meteoric price appreciation.
It’s the first time the price of bitcoin has reached this level since November 2021.
Spot bitcoin ETF provider 21Shares announced it will be using Chainlink’s proof-of-reserve service that enables crypto denizens to monitor the underlying BTC collateralization of its ARKB ETF.
For the past decade, Denver has acted as a physical gateway to a new internet intended to be both permissionless and open-sourced. This year’s ETHDenver finds itself at the convergence of several significant events in the crypto space.
