Regulation

Launch of Bitcoin ETFs in the U.S. could see further

Several industry leaders say recent comments by US Securities and Exchange Commission (SEC) chairman Gary Gensler have delayed the possible launch of a Bitcoin exchange-traded fund (ETF) in the country, financial industry outlet Bloomberg reported Tuesday. Not coming soon ETFs are regulated financial instruments that track the value of an underlying asset and provide asset […]Read More

Cryptocurrency

Traders lose $46.5 million on first day of SHIB futures

Shiba Inu (SHIB), the meme coin that was launched as a Dogecoin rival back in 2020, zoomed to the top-20 market cap yesterday after a TikTok- and social media-driven frenzy, data shows. Traders, however, lost millions of dollars punting on the currency’s futures. Millions gone SHIB “investors,” as recent as those in the past week, […]Read More

Bitcoin

Papa John’s Pizza is now offering £10 in free Bitcoin

American pizza franchise Papa John’s is offering its U.K customers £10 in free Bitcoin, a new offer on the pizza giant’s homepage shows. “Select the Bitcoin offer online, spend a minimum of £30 for a £15 discount plus the free Bitcoin,” it reads. The offer is part of a tie-in with London-based cryptocurrency exchange Luno […]Read More

Bitcoin

Macau casino investor bets on Bitcoin (BTC) amidst a bleak

Chinese publicly listed firm Success Universe Group Ltd, which is a major investor in Macau-based casino and hotel resort Ponte 16, announced that it has purchased 24.3 Bitcoin ($1.35 million currently) as part of its portfolio diversification strategy, Inside Asian Gaming reported today. “In recent times, the Board observed increasing popularity of cryptocurrencies in the […]Read More