SEC extends deadline on Bitwise and Grayscale Bitcoin ETFs
This news comes as the SEC maintains its strong position on physical crypto ETFs while also allowing a number of sector ETFs with indirect crypto exposure. Two major Bitcoin exchange-traded fund proposals were postponed by the SEC on Wednesday, including NYSE Arca’s “real” Bitcoin ETF, dubbed Bitwise Bitcoin ETP Trust, and Grayscale Bitcoin Trust’s Bitcoin […]
Elektra becomes the first retail store in Mexico to accept Bitcoin
Mexican Billionaire and owner of retail giant Elektra, Ricardo Salinas Pliego announced on Twitter that Elektra will be the first retail store in Mexico to accept Bitcoin as a payment option. Ricardo Salinas Pliego, the owner of the Mexican retail giant Elektra, revealed earlier today that Bitcoin will soon be accepted as a payment mechanism. […]
Wikipedia debut sales of its first Nft on Christie’s
Christie’s completed an auction of two Wikipedia-related artefacts from Wikipedia co-founder Jimmy Wales on December 15th. Following its 20th anniversary celebration in January, the free online encyclopedia Wikipedia continues to make history by selling its first nonfungible token (NFT) through Christie’s auction house. Christie’s completed an auction of two Wikipedia-related artefacts from Wikipedia co-founder Jimmy […]
LionTree is looking to explore crypto payment methods
According to the CEO of LionTree, cryptocurrency has potentials for individual empowerment and the investment bank will look into crypto payment methods in the nearest future. LionTree, a well-known financial counsellor and investment bank , is investigating cryptocurrency as a payment alternative. Chairman and CEO Aryeh Bourkoff discuss crypto as a possible weapon for individual […]
Reddit is making plans towards an IPO
Reddit, the popular social platform, revealed it is filing for an initial public offering (IPO). The move is expected to occur when the Securities and Exchange Commission (SEC) completes its review process. The platform is unable to offer any information on shares or prices until after the quiet period has ended, in order to prevent […]