Browsing: Business

5-times-crypto-appeared-in-pop-culture-in-2023

From balloons in a Thanksgiving Day parade to an entire episode of Futurama — even after a crypto market downturn, digital assets made their way into different parts of pop culture. Society is past when even mentioning Bitcoin or Ethereum on a streaming series would make the news. Still, it’s good to look back on

vaneck-releases-new-bitcoin-commercial,-ahead-of-potential-spot-bitcoin-etf-approval

VanEck, a prominent investment management firm, has unveiled a interesting new Bitcoin commercial, stirring excitement and speculation within the Bitcoin community. The release comes amidst mounting anticipation surrounding the possible approval of Spot Bitcoin Exchange-Traded Funds (ETFs) by the Securities and Exchange Commission (SEC). The commercial, showcases a high-quality production recorded at PubKey, a Bitcoin bar

valkyrie-backtracks-on-ether-futures-contract-purchases-until-etf-launch

Bloomberg analyst Eric Balchunas speculated the SEC may have applied pressure on Valkyrie to halt purchases of ETH futures contracts until the ETF was officially approved. Asset management firm Valkyrie has said it will hold out for the United States Securities and Exchange Commission (SEC) to approve an exchange-traded fund, or ETF, with exposure to

how-bitcoin-mining-is-adapting-to-the-energy-transition

Researching more than 100 bitcoin mining companies, it’s clear that this industry is poised to advance energy consumption more than any other.This is an opinion editorial by Ritabrata Santra, an engineer focused on energy tech.I bought my first bitcoin in 2016. I was a college sophomore and it was my second year living in the

crypto-lender-genesis-files-for-chapter-11-bankruptcy

The embattled crypto lender has filed a slew of voluntary bankruptcy notices in order to restructure itself.Genesis’s two lending subsidiaries, Genesis Global Capital and Genesis Asia Pacific, have filed for Chapter 11 bankruptcy. According to the announcement, the firm aims to enact “a global resolution to maximize value for all clients and stakeholders and strengthen

five-advantages-of-using-bitcoin-to-pay-rent

Bitcoin is becoming more popular in its use as a medium of exchange. Some tenants and landlords may prefer to transact exclusively in bitcoin.Jenna Hall is a content marketing coordinator at Redfin. Redfin does not provide legal, tax, or financial advice. This article is for informational purposes only and is not a substitute for professional

abra-announces-plans-for-us-bank-supporting-digital-assets

Abra announced its international venture and U.S. bank would work with officials to ensure regulatory and legal compliance and planned to launch in 2022 and 2023, respectively. Cryptocurrency trading platform Abra said it was “in the process of” establishing a United States-based state-chartered bank allowing clients to deposit digital assets.In a Monday announcement, Abra said

trademark-applications-for-crypto,-nfts,-and-metaverse-surge-in-2022:-report

Data from March reportedly showed the largest number of U.S. trademark filings in 2022, with 1,078 for NFTs, 604 for cryptocurrencies, and 759 for the metaverse. The number of U.S. trademarks filed related to cryptocurrencies, nonfungible tokens, Web3, and the metaverse since January have reportedly passed those in 2021.According to data compiled by intellectual property

ftx-revenue-soared-1,000%-amid-last-year’s-crypto-craze:-report

FTX saw its 2021 revenue grow from $89 million to hit over $1 billion as the crypto market rallied. Growth came amid huge expansion across the globe, CNBC said in a report citing leaked documents. Despite crypto winter, FTX has looked to add to its growing portfolio of companies.  FTX saw its revenue grow more