Bitcoin News

December 18, 2023

Grayscale mulls over potential tax implications for spot Bitcoin ETFs

The asset management firm declares that the Grayscale Bitcoin Trust falls under the grantor trust structure for tax considerations.   Grayscale is currently assessing the potential […]

Bitcoin won’t be beaten as digital store of value: VanEck CEO

“It’s impossible for me to imagine some other internet store of value [will] leapfrog Bitcoin,” said Jan van Eck, making a bullish case for BTC.   […]
December 15, 2023

Gensler hints Grayscale ruling forced SEC to take ‘new look’ at Bitcoin ETFs

The SEC chair could be softening his stance on Bitcoin ETFs following the Grayscale court victory, but if so, he hasn’t admitted it outright.   Gary […]
December 14, 2023

Bitcoin ETF applicants will have to ‘bend the knee’ on cash redemption model

The SEC is pushing Bitcoin ETF issuers down the cash create route for creation and redemptions, but BlackRock has other ideas.   As the value of […]
December 13, 2023

BlackRock revises spot Bitcoin ETF to enable easier access for banks

BlackRock said the new ETF model offers “superior resistance to market manipulation” — something the SEC has long used as a reason to reject spot Bitcoin […]

‘I’m a big fan’: Cantor Fitzgerald CEO praises Tether and Bitcoin

Cantor Fitzgerald has been managing Tether’s now $90 billion Treasury portfolio since late 2021.   Howard Lutnick, CEO of Wall Street firm Cantor Fitzgerald, has expressed […]
December 12, 2023

El Salvador’s Bitcoin bond gets regulatory approval, targets Q1 launch

The Volcano Bond was approved by the country’s Digital Assets Commission on Dec. 11, with issuance expected in Q1 2024.   El Salvador is poised to […]

Bitcoin dev denies adding inscriptions to National Vulnerability Database

Bitcoin core developer Luke Dashjr said he played no part in flagging Bitcoin inscriptions as a cybersecurity threat with the NVD, as the listing received a […]
December 11, 2023

Bitcoin wipes nearly a week of gains in 20 minutes, falling under $41K

The price of Bitcoin suddenly dropped 6.5% to fall below $41,000 on Dec. 11, wiping out around five days of gains.   On December 11, at […]

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