Bitcoin News and Finance: What You Need to Know

Asset management firm Vaneck released a report projecting bitcoin could reach $2.9 million per coin by 2050, becoming a global medium of exchange and reserve currency. The report suggests bitcoin could settle 10% of global international trade and 5% of domestic trade, with central banks holding 2.5% of their assets in BTC. Scalability challenges are […]

Ripple CEO Brad Garlinghouse has criticized Congressman Brad Sherman’s anti-crypto comments, urging Vice President Kamala Harris to distance herself from such views. The Ripple executive warned that opposing cryptocurrencies is equivalent to opposing innovation, benefiting Republicans who support technological progress. He emphasized the need for the U.S. to align with other advanced economies with clear […]

Gemini co-founder Tyler Winklevoss has urged the crypto industry to demand to know who the next U.S. Securities and Exchange Commission (SEC) chair will be before the election. He also urged crypto supporters to “demand that both parties embrace our industry, treat it fairly, and do everything in their power to ensure that America is […]

The SEC has approved NYSE Arca’s proposal to list and trade shares of the Grayscale Bitcoin Mini Trust. Grayscale’s new trust will feature competitive fees. “This approval order is based on all of the exchanges’ representations and descriptions in their respective amended filings, which the Commission has carefully evaluated,” said the securities regulator. SEC Approves […]