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Grayscale’s Spot Bitcoin ETF Incoming? Plans to File for Converting its Trust (Report)

The world’s largest cryptocurrency investment vehicle – Grayscale – plans to file to turn its BTC Trust into a Bitcoin spot ETF next week. This comes amid numerous reports claiming…

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New York Is The Most Attractive State for Bitcoin Miners, But There’s a Catch

Recent research showed that nearly 20% of bitcoin’s hash rate within the United States is in New York, while Kentucky (18.7%), Georgia (17.3%), and Texas (14%) follow closely. New York…

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El Salvadorans Are Converting Their USD to BTC as Interest in Bitcoin Soars

A month after the Bitcoin law went into effect in the central American nation of El Salvador, interest in the cryptocurrency has continued to soar as a greater percentage of…

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Bitcoin Consolidates Amid $60K: Fantom (FTM) Spikes 13% (Market Watch)

Following several days of impressive price surges and consecutive multi-month highs, bitcoin has calmed slightly but still stands above $60,000. Most altcoins are also untypically stagnant, with the exception of…

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US Mortgage Lender UWM Will No Longer Accept Bitcoin Payments

United Wholesale Mortgage (UWM) – a leading mortgage provider in the USA – has decided to stop allowing its customers to settle payments in cryptocurrencies, citing “regulatory uncertainty” in the…

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Fidelity’s Jurrien Timmer: BTC Will Reach $100K in The Next Couple of Years

Jurrien Timmer – Fidelity’s Director of Global Macro – believes bitcoin will trade at $100,000 by 2023. Regarding its correlation with gold, he said both assets are “different players in…

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