Trump Urges U.S. to be at the Forefront of CryptocurrencyFormer U.S. President Donald Trump told Fox Business that the country needs to be in the front on cryptocurrency. His advice was to use bitcoin to pay off the $35 trillion national debt in case Congress authorizes. Trump described the crypto as “a different form of…
Microstrategy Inc. (Nasdaq: MSTR) released its second-quarter earnings statement Thursday. The firm, which holds the largest stash of bitcoins among corporations, added more to the hoard. In a post on social media platform X, Thursday, executive chairman of Microstrategy, Michael Saylor wrote: In July, Microstrategy acquired an additional 169 bitcoins for $11.4 million, bringing its…
The U.S. Securities and Exchange Commission (SEC) has approved several Ethereum spot exchange-traded funds (ETFs), which will begin trading on July 23. This marks a significant development in the cryptocurrency market. The SEC has given final approval to the following six Ethereum ETFs: Details on the management fees for these ETFs have been previously announced:…
CBOE’s New Listings Five new Ethereum ETFs will start trading on July 23, according to the The Chicago Board Options Exchange (CBOE) derivatives exchange. These ETFs include: The SEC is expected to give final approval for these Ethereum ETFs on July 22, with trading beginning the next day. This was reported earlier this week. Fee Details…
Ethereum Spot ETF Matt Hougan, the Chief Investment Officer (CIO) of Bitwise, a U.S. cryptocurrency investment firm, predicted on the 16th that the launch of an Ethereum Spot ETF in the U.S. could push Ethereum’s price above $5,000 . Hougan believes that the inflow of funds into an Ethereum Spot ETF would have a greater…
The expected Republican U.S. presidential nominee, Donald Trump, will speak at a Bitcoin conference in Nashville, Tennessee, later this month, according to the conference organizer’s announcement on Wednesday. Earlier in the day, rumors about Trump’s appearance grew as speakers at the conference told CoinDesk their speaking times were changed to accommodate a “very special guest.”…