Osprey Funds to convert Bitcoin Trust into ETF as Bitwise acquisition talks end
United States-based Osprey Funds is gearing up to convert its Bitcoin trust into an exchange-traded fund after an acquisition deal with Bitwise fell through. The investment management firm said in a Jan. 14 statement that it would file a Form S-1 with the U.S. Securities and Exchange Commission “as soon as practicable” to convert the […]
Bitcoin breakout ‘likely no later’ than Jan FOMC meeting: 10x Research
Bitcoin’s price is primed for a breakout before the end-of-month FOMC meeting, but it could go either way, says a crypto analyst. Source link
Osprey Funds to seek SEC approval to convert Bitcoin trust into ETF
In a separate statement, Osprey said that the deal for Bitwise to acquire the Osprey Bitcoin Trust had been scuttled after failing to get the necessary regulatory approvals. Source link
Corporate Bitcoin holders ‘poised to explode’: Bitwise CIO
Matt Hougan told clients that MicroStrategy’s Bitcoin roadmap represents a “bona fide megatrend” poised to propel more companies into adopting BTC as a reserve asset. Bitwise chief investment officer Matt Hougan predicts a surge in the number of corporations adding Bitcoin (BTC) to their treasuries, driven by MicroStrategy’s influence and shifting regulatory headwinds in the […]
Satoshi Action Fund raises $300,000 as it advances Bitcoin advocacy
Dennis Porter’s update signals SAF’s ongoing work to secure Bitcoin’s place in U.S. policy. In a recent tweet, Dennis Porter, CEO and co-founder of Satoshi Action Fund, shared that the organization has raised $300,000 of its $500,000 fundraising goal, with two weeks remaining in the campaign. This announcement reflects SAF’s ongoing efforts to advocate for […]
Genius Group launches $33m rights offering to boost Bitcoin reserve
Genius Group Limited, a Bitcoin-focused education company, has announced a $33 million rights offering to expand its Bitcoin Treasury. The offering will allow existing shareholders to purchase additional shares at $0.50 each, with proceeds earmarked entirely for Bitcoin (BTC) purchases, according to a company release. Each shareholder will receive one transferable right for every share […]
Bitcoin mining showed strong growth in 2024 despite halving: report
Bitcoin mining reached significant milestones in 2024, according to the latest industry update from H.C. Wainwright analysts Mike Colonnese and Dylan Scales. Bitcoin (BTC) surged 121% year-over-year, closing the year at $93,390 and outpacing all other asset classes. Key drivers behind the rally included the launch of U.S. spot Bitcoin ETFs, accelerating institutional adoption, and […]
Bitcoin is ‘good for the U.S. economy over the long run’
Famed investor and Bitcoin advocate Anthony Pompliano has offered three pieces of advice to President-elect Donald Trump to help him become the “first Bitcoin president.” Famed investor and Bitcoin advocate Anthony Pompliano offered three pieces of advice to President-elect Donald Trump to help him become the “first Bitcoin president.” 1. Repeal SAB 121 In a […]
3 reasons why 2025 is set to be another blockbuster year for Bitcoin and the crypto sector
Increasing political support for cryptocurrencies and advancements within blockchains and artificial intelligence is bound to make 2025 a memorable year for the crypto industry. Source link
Bitcoin poised to dip further as inflation looms: Steno Research
Bitcoin futures markets may still be overheated, and a hotter-than-expected CPI could trigger further drawdowns, Steno said. Source link
