China is Binance’s largest market with US$90 billion despite crypto ban: WSJ

Binance users in China traded about US$90 billion worth of cryptocurrency-related assets in May despite the crypto ban since 2021.

• 2023-08-02
• China Wall Street Journal

Bitcoin Falls After SEC Says Spot Bitcoin ETF Filings Are Inadequate

Bitcoin briefly fell below $30,000 apiece after [The Wall Street Journal reported](https://www.wsj.com/articles/sec-says-spot-bitcoin-etf-filings-are-inadequate-390336e8?mod=hp_lead_pos1) that the U.S.

• 2023-06-30
• BlackRock Wall Street Journal Bitcoin exchange-traded funds

SEC says spot bitcoin ETF filings not clear and comprehensive - WSJ

The agency has informed about the inadequacies to exchanges Nasdaq and Cboe Global Markets that filed the applications on behalf of asset managers including BlackRock and Fidelity, the report said, citing people familiar with the matter. The SEC declined to comment on the report, while Cboe and Nasdaq were not immediately available.

• 2023-06-30
• Cboe Global Markets Wall Street Journal Fidelity applications Nasdaq

Crypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust: Sources

Cryptocurrency custody firm BitGo is seeking to buy Prime Trust, another crypto custody specialist regulated in the state of Nevada, according to a person familiar with the matter.

• 2023-06-09
• Prime Trust BitGo Wall Street Journal Prime Trust Interim CEO

Exclusive: Bitcoin Miner Bit Digital Adds Machines in Iceland Before Possible U.S. Tax Crackdown

New York-based Bit Digital is expanding its operations to Iceland in a bid to hedge the bitcoin-mining company’s regulatory risk amid a proposed a crypto-mining tax from the Biden administration.  Samir Tabar, chief executive of Nasdaq-listed Bit Digital, told The Wall Street Journal that the company bought 2,500 new bitcoin-mining machines for $5 million last week and will house them in Iceland, the company’s first time sending new computers outside the U.

• 2023-05-18
• Bit Digital Iceland regulatory risk Wall Street Journal

Bittrex Files for Bankruptcy After SEC Sues the Crypto Platform

The Seattle-based company filed for bankruptcy after being sued by federal securities regulators and winding down its U.S. operations.

• 2023-05-09
• Bittrex Wall Street Journal federal securities regulators Bittrex Global The SEC securities exchange

The Zacks Analyst Blog Highlights iPatha.B Sugar Subindex TR ETN, Sprott Junior Uranium Miners ETF, Bitwise Bitcoin Strategy Optimum Roll ETF, Advisorshares Pure US Cannabis ETF and KrraneShares Global Carbon Offset Strategy ETF

iPatha.B Sugar Subindex TR ETN, Sprott Junior Uranium Miners ETF, Bitwise Bitcoin Strategy Optimum Roll ETF, Advisorshares Pure US Cannabis ETF and KrraneShares Global Carbon Offset Strategy ETF are included in this Analyst Blog.

• 2023-05-02
• Uranium Miners Zacks Investment Research Bitwise Bitcoin Strategy banking crisis Wall Street Journal First Republic Bank Sugar futures S&P 500 PNC Financial Services Group tech-heavy Nasdaq

Biden Budget Plan Would Close Crypto Tax Loss Harvesting Loophole

U.S. President Joe Biden's proposed budget will include a provision to close tax loss harvesting on crypto transactions.

• 2023-03-09
• White House tax provision Joe Biden tax loss harvesting Wall Street Journal transactions

Charlie Munger downplays risk of Taiwan invasion, says crypto fans are 'idiots'

Charlie Munger, the longtime business partner of Warren Buffett at Berkshire Hathaway Inc, on Wednesday said China remains a top opportunity for investors despite geopolitical risks. Munger also doubled down on his recent Wall Street Journal editorial calling for the U.S. government to follow China and ban cryptocurrency, saying "people who oppose my position are idiots." The 99-year-old spoke while fielding 2-1/4 hours of questions at the annual meeting of Daily Journal Corp, a Los Angeles ne

• 2023-02-16
• Charlie Munger Berkshire Hathaway Inc Warren Buffett TSMC China Daily Journal Corp Wall Street Journal

Charlie Munger would be more bullish on bitcoin if he had time to study it, Michael Saylor says

In an interview on Friday with CNBC's 'Squawk on the Street,' co-founder and executive chairman of MicroStrategy Michael Saylor shared his thoughts on bitcoin.

• 2023-02-04
• Charlie Munger Michael Saylor bitcoin Wall Street Journal