December, 2023

December, 2023

Brazil’s Biggest Bank Itau Enters Cryptocurrency Trading
Itau the largest bank in Brazil, makes waves in the financial industry by entering the cryptocurrency market....

Bitcoin ‘showing more strength’ than Gold even as Gold hits all-time high: Bloomberg analyst
As gold hits record high, Bitcoin shows even more strength in latest rally, impressing Bloomberg commodity analyst....

BlackRock seeded its Bitcoin ETF with $100K in October, new SEC filing shows
World's largest asset manager seeds Bitcoin ETF, files updated application, SEC concerns remain despite 90% chance of approval....

MicroStrategy buys $615 million worth of Bitcoin
MicroStrategy expands Bitcoin trove by 14K BTC purchased for $623M, bringing total holdings to 189K BTC now valued at over $8B....

Cathie Wood expects ‘sell the news’ effect to Bitcoin ETF approval
Wood's insights come amid ARK Invest's ongoing efforts, along with 13 other applicants, to secure a spot Bitcoin ETF approval from the SEC....

Crypto funds hit $50 billion as Bitcoin ETF approval nears
Crypto ETP assets top $50 billion, per BitMEX Research....

Japan considers tax relief for domestic firms holding crypto
If approved, these reforms to Japan's Corporate Tax Law are slated to take effect in the 2024 fiscal year....

Kyber Network cuts 50% of its staff following $48 million exploit
Kyber Network rebuilds after hacker exploit and theft; plans to boost sustainability and support affected users....

Nansen shares ‘high-conviction bets’ for crypto in 2024
The report highlights scenarios such as the usage of Bitcoin as an infrastructure layer for dApps and improvements in user experience....

Hong Kong prepares for crypto spot ETFs, takes lead in Asia
Hong Kong leads in crypto market regulation with SFC and HKMA's joint circular allowing Crypto ETFs to boost crypto mainstream acceptance....

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