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The London Stock Exchange to Allow Bitcoin Crypto ETNs Trading from May 28, 2024

The London Stock Exchange has made an announcement regarding the acceptance of applications for the admission of Bitcoin Crypto Exchange-Traded Notes (ETNs) starting on April 8, 2024. This decision comes after the Exchange's previous notification on March 11, expressing its plan to facilitate the trading of Crypto ETNs in the second quarter of the year. […]

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MicroStrategy’s Michael Saylor’s Buyout Offer to Shareholders Preceded Bitcoin Purchase

Michael Saylor encountered challenges before successfully incorporating Bitcoin into MicroStrategy's balance sheet in 2020. During the 2024 Abundance360 Summit, Saylor disclosed his offer to buy out MicroStrategy shareholders through a Dutch action when they initially aimed to acquire $250 million worth of Bitcoin. Saylor's Offer to Shareholders At the recent summit, Saylor shared how he

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USDC Stablecoin Temporarily Depegs to $0.76 on Binance Amid Market Turbulence

USDC Temporarily Depegs on Binance Amidst Crypto Market Sell-Off In a surprising move that startled the cryptocurrency market, Circle's USDC stablecoin, which is typically pegged to the dollar, momentarily depegged from its $1 value. It fell as low as $0.76 on the Binance exchange platform. This incident occurred during a market-wide sell-off, which was spurred

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Ark Invest Sells Over $29 Million in Coinbase Shares Amid Portfolio Rebalancing

In a strategic move, Ark Invest has sold over $29 million worth of COIN shares from its ETFs, further reducing its stake in the crypto exchange Coinbase. This decision aligns with Ark's target weighting policy and comes after Coinbase's strong performance in the last quarter of 2023. Ark Invest's Recent Sales On January 3, Ark

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