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In a surprising twist, House of Chimera reports that Bitcoin-supported MicroStrategy has outperformed major S&P 500 companies, including Apple, Microsoft, NVIDIA, and Amazon.
The U.S. Court of Appeals for the Third Circuit has expressed doubts regarding the SEC’s justification for denying Coinbase’s appeal for clearer guidelines on cryptocurrency regulations.
Turkey has decided against implementing taxes on gains from stock and cryptocurrency trading, as confirmed by Vice President Cevdet Yılmaz in a recent Bloomberg interview.
Kraken has bolstered its European growth strategy by acquiring Coin Meester (BCM), a prominent crypto broker in the Netherlands.
The Swedish Police Authority and the Financial Intelligence Unit (FIU) have labeled cryptocurrency exchanges as “professional money launderers (PML)” after evaluating services from unlicensed operators.
The cryptocurrency market is on high alert as SEC Chair Gary Gensler prepares to testify before Congress this week.
On Monday, Ark Invest sold 44,609 shares of its spot Bitcoin exchange traded fund ARKB worth $2.8 million from its ETF Next Generation Internet (ARKW).