Bitcoin surged to a new all-time high in May, while the US saw significant regulatory developments and Coinbase joined the S&P 500. Here’s a breakdown of the key events and their implications.
Category: News
Australia Tightens Crypto ATM Rules Amid Rising Scam Concerns
Australia’s financial intelligence agency, AUSTRAC, introduces stricter regulations for crypto ATM operators, including transaction limits, in response to escalating scam activity.
Strategy (MicroStrategy) to Raise $250M for More Bitcoin: Market Impact Analysis
Strategy, formerly MicroStrategy, announces plans for a $250 million offering of preferred stock (STRD) to further increase its Bitcoin holdings. This analysis explores the potential market impact of this move.
ARK 21Shares Bitcoin ETF to Split Shares: Good News for Retail Investors?
The ARK 21Shares Bitcoin ETF (ARKB) announces a 3-for-1 share split on June 16, aiming to boost retail investor participation. Is this a strategic move or a sign of deeper issues?
Sberbank’s Bitcoin Bond: A New Gateway to Crypto for Russian Investors?
Sberbank, Russia’s largest bank, has introduced a Bitcoin-linked bond product, signaling a potential shift in the country’s approach to crypto investments. This analysis explores the implications of this move for the Russian market and beyond.