BITCOIN

MicroStrategy, which has been accumulating Bitcoin as part of its holdings since 2021, revealed earlier this month that it made the biggest BTC purchase in the second quarter of 2023.

SpaceX's financials reportedly revealed around $5.2 billion in total expenses for 2022, with an additional $5.4 billion spent on property acquisition, R&D and equipment between 2021 and 2022.

Following the approval of the GFSC in October 2021 and the delay of the planned launch last year, London-based Jacobi Asset Management announced the listing of Bitcoin ETF on the platform Euronext Amsterdam this week.

The report underscores the influence of spot Bitcoin ETFs on the market, particularly if traditional financial giants' applications gain approval from the U.S. Securities and Exchange Commission (SEC).

Galaxy Digital CEO Michael Novogratz previously said insiders within BlackRock and Invesco think the SEC's approval for spot Bitcoin ETF is a matter of "when" and "not if." He added the decision might be pushed back by four to six months.

The public conversation between the two tech and crypto leaders concluded with both acknowledging they are on the same team.

The software maker said the $347 million worth of Bitcoin acquired last quarter, purchased at an average price of $28,136 per coin, only represents the latest addition to the company's BTC holdings and not the total amount of the crypto asset it purchased.

Despite the dip in the price of Bitcoin, the "important news" is the continued surge in institutional interest in the world's largest crypto asset.

The author of the hit book "Rich Dad Poor Dad" said the BRICS is leading a movement to develop a new currency backed by gold.

The dog-themed altcoin has surged in popularity over the past months due to the series of projects and upcoming initiatives scheduled to launch this year, especially Shibarium.

"Now I'm a Bitcoin owner, and I'm sure they'll now find a different way to come at me, but no one can say I didn't put my money where my mouth is," Kennedy Jr. explained.

Gensler has become a prominent figure in the nascent cryptocurrency industry this year, as his agency, the SEC, has executed a series of regulatory enforcement actions that caused shockwaves in the crypto market.

During the period leading up to the highly anticipated Bitcoin halving, the cryptocurrency maintained its position around the $30,000 threshold, displaying stability over the past 15 days and very little volatility over the last couple of weeks.

Apparently, Bitcoin's presence in the source code was not a recent addition but was just retained even after Tesla suspended accepting BTC as a form of payment.

While some are skeptical of RFK Jr.'s promise, others in the crypto community are excited that it will revolutionize not only the industry but also the financial health of the United States.

The SEC took the first step in its process of deciding whether to approve the proposals submitted by six firms vying to offer spot Bitcoin ETF when it accepted the applications and added their names to the Federal Register.

Several factors could be credited for the revived interest of investors in Bitcoin, including the spot BTC ETF application of Wall Street giants led by BlackRock.

Although Bitcoin rallied last week due to the landmark decision of the court about the classification of Ripple Labs' native token XRP and other positive events, the maiden crypto saw some corrections after, which triggered the price of the crypto asset to trade above $30,000.

Bitcoin, Ether and the broader cryptocurrency market saw significant levels of gains after Ripple Labs bagged a major victory in court Thursday.

The Bitcoin stash might have come from the government's biggest seizure in November 2021, during which the authorities confiscated around $3.36 billion in BTC from hacker James Zhong.

Last week's surge in the price of the world's largest crypto asset by market capitalization was propelled by the bullish remarks of BlackRock CEO Larry Fink when he described Bitcoin as "digital gold" in an interview.