The proposed ETF targets companies with substantial Bitcoin holdings, as the trend of corporate BTC adoption grows.
If the sender doesn't provide enough information, the transfer might be flagged as "risky" and stopped. This update comes after 47 license applications by Turkish crypto firms in 2024.
On Friday, the 12-spot Bitcoin exchange-traded funds (ETFs) reached another high, attracting USD 428.98 million during trading. Meanwhile, nine spot Ether ETFs saw a $23.61 million boost to their balance sheet.
In a recent development, Russian President Vladimir Putin has reaffirmed his support for Bitcoin and other digital assets as the European powerhouse continues to embrace greater crypto adoption. During a speech at the World Trade Center in Moscow on Wednesday, December 4th, as reported by Bloomberg and the local news agency TASS, Putin asserted that "nobody can stop Bitcoin."
Bitwise leads the reversal with $280M in outflows, but BlackRock's IBIT records substantial inflows, maintaining market optimism.
On Thursday, Bitcoin hacker Ilya Lichtenstein was sentenced for his role in laundering money stolen from the virtual currency exchange Bitfinex.
Re-election of Donald Trump Fuels Cryptocurrency Market Rally
Daren Li admits to laundering millions from crypto scams, including "pig butchering" schemes, through U.S.-based shell companies.
The plan promised 20x returns through investing in tokens that didn't actually have much value.
The crypto market is the eighth-biggest in GDP terms, behind the United States, China, Germany, Japan, India, the United Kingdom and France.
With the promise of a pro-crypto administration, Bitcoin soars over 30% since election day, reaching record highs.
The 2024 Crypto Content Creator Campus (CCCC), a big deal for the future of the content creator economy, kicked off today at W Palm Dubai. It's the first time top leaders in media and crypto have come together like this. The two-day summit is a big deal for the content creator economy, as Dubai keeps setting the stage for digital innovation and blockchain-enabled content creation.
