Dubai Offers 90% Subsidy on Licenses for AI and Web3 Businesses
Bitcoin News Dubai International Financial Centre (DIFC) will be issuing the licenses. Businesses can apply for subsidized business licenses by filling out a registration form. Dubai has...
Europe’s First Spot Bitcoin ETF Debuts on Euronext Amsterdam
Bitcoin News Fidelity Digital Assets will be in charge of the custodian aspects of the BCOIN ETF. The fund uses third-party data to determine the Bitcoin...
Crypto-friendly Bank Custodia Expands Services With Bitcoin Custody
Caitlin Long argues that banks, as regulated custodians, are essential. Custodia, as per the company’s Twitter, is now only accessible to businesses. Custodia stated on Friday...
U.S SEC Delays Ark Bitcoin ETF Proposal; Seeks Feedback
The purpose of this exercise is to decide whether or not to adopt the proposed rule change. The US SEC has effectively postponed a decision...
Bitcoin Fumbles Briefly Post U.S CPI Inflation at 3.2% for July
Bitcoin News Bitcoin is down 1% in the last day and is now trading at $29,390. CPI inflation was forecasted to be 3.4% by JP Morgan. Inflation...
Bitcoin Mining Firm Riot Platform Posts Q2 Net Loss of $27.7M
Mining contributed $64.7 million to the company’s top line during the period. The company earned an extra $13.5 million from its power curtailment credits. Riot Platforms,...
Marathon Digital Misses Q2 2023 Forecasts Despite $81.8M Revenue
Bitcoin News Revenues of $81.8 million were announced for Q2 2023 by Marathon on August 8. Marathon’s 2023 revenue increased by 73.3% from the first half...
BlackRock Bitcoin ETF Approval Inches Closer: Industry Insiders Share Insights
In a surprise revelation today, Galaxy CEO Mike Novogratz dropped a significant hint that the approval of a spot Bitcoin exchange-traded fund (ETF) is...
Trading Strategies Amid Bearish Market Followed by BTC Long-Term Investors
68.54% of Bitcoin has been dormant for a year. Sources reveal investors favor long-term Bitcoin holdings for value. In the cryptocurrency realm, a significant trend emerges...
Long-Term Bitcoin Holders Reach New High Amidst Low Volatility
Addresses that have held Bitcoins for 155 days or more are considered Long-term holders. Long-term Bitcoin holders dominated the network in February, controlling as much...
