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Spot Ether ETFs saw almost $200 million in outflows on Monday amid increased unstaking and investor interest shifting from Bitcoin to ETH.
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Latest News on Business
When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method.
Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption.
Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions.
At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike.
Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
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Lib Work is dipping its toes into Bitcoin, a month after using NFTs for the first time to tokenize the designs of one of its 3D printed houses.
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Blockchain lending company Figure Technology has filed to go public on Nasdaq, days after announcing it had confidentially lodged its application with regulators.
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Despite the company posting a loss for the second quarter, the management remains optimistic for the second half of the year.
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A judge said Logan Paul’s bid to toss a suit over the collapse of CryptoZoo should be allowed, but the class-action group should also get a chance to update its claims.
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TeraWulf’s chief strategy officer, Kerri Langlais, said Google has become its largest shareholder, providing “powerful validation” from a leading tech giant.
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Bitcoin miner-turned Ethereum company BTCS said it will be the first public company to issue an Ether dividend.
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BitMine and SharpLink, the two largest corporate holders of ETH, have been racing to accumulate more Ether as ecosystem interest heats up.
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A China Merchants Bank subsidiary launched a Hong Kong-based crypto exchange for professional investors after securing a virtual asset service provider license.
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Strategy bought $51.4 million in Bitcoin last week as BTC surged to all-time highs above $124,000 on Wednesday, only to dip to $115,000 on Sunday.
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Amdax is launching a Bitcoin treasury company, aiming for a Euronext listing as more European companies join the growing corporate Bitcoin adoption wave.
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Faraday Future said it plans to initially buy $30 million worth of crypto, with plans for “tens of billions” more, and is exploring the idea of launching a crypto ETF.
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Parag Agrawal, the former Twitter CEO ousted by Elon Musk, has launched an AI startup aimed at driving the next wave of AI agent research.
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The Thai government will allow tourists to exchange crypto for Thai baht and make electronic payments through e-money service providers.
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Saylor signaled an impending Bitcoin purchase by Strategy, as BTC’s price hovers around the $117,000 level, down from the all-time high.
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