Cryptocurrency
By Andrea Shalal
WASHINGTON (Reuters) - Stand with Crypto, an advocacy organization for voters who own cryptocurrencies, saw its membership surpass 1 million on Wednesday, as crypto backers push politicians to create a new regulatory framework for the digital asset industry while averting more onerous compliance requirements.
Brian Armstrong, chief executive of Coinbase, an online platform for buying and selling crypto that helped launch... (continue reading...)
Investing.com - While Bitcoin remained in the $67,000 range before the economic data to be announced in the US, losses exceeding 5% were observed among altcoins with high market value.
After Bitcoin was quickly rejected at the $70,000 level in transactions at the beginning of the week, there were moves towards the $67,000 limit. Some market commentators emphasized the decline in momentum in the Bitcoin market, warning that its negative momentum could continue towards... (continue reading...)
Robinhood (NASDAQ: HOOD) introduces crypto trading API.
BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (NASDAQ: IBIT), has overtaken Grayscale Bitcoin Trust (BTC) (NYSE: GBTC) in total holdings, making it the world’s largest fund for the flagship cryptocurrency.
As of Tuesday, BlackRock’s IBIT held $19.68 billion in Bitcoin, slightly above the $19.65 billion held by the Grayscale Bitcoin Trust, according to data compiled by Bloomberg. The third-largest Bitcoin fund is Fidelity... (continue reading...)
Semler Scientific, Inc. (Nasdaq: SMLR) announced today that its board of directors has adopted bitcoin as its primary treasury reserve asset. In addition, Semler Scientific announced that it has purchased 581 bitcoins for an aggregate amount of $40 million, inclusive of fees and expenses.
"Our bitcoin treasury strategy and purchase of bitcoin underscore our belief that bitcoin is a reliable store of value and a compelling investment," said Eric Semler, Semler... (continue reading...)
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