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Reddit Invests Excess Cash Reserves Into Bitcoin

[Feb 22, 2024 2:56 PM] Reddit, the popular social media platform, has disclosed in a Securities and Exchange Commission (SEC) filing that it has invested a portion of its excess cash reserves into Bitcoin. The social media giant revealed this today as they have applied…

Bitcoin ETF Net Inflows Slow to a Trickle as Price Flattens

[Feb 22, 2024 10:49 AM] Inflows into the 10 spot bitcoin exchange-traded funds dropped to a two-week low on Wednesday, with the group attracting only about a net 500 bitcoin, some $25.5 million, data collected from the issuers' websites shows.

ECB Officials' Full Statement on Bitcoin's Failed Promise and ETFs

[Feb 22, 2024 10:05 AM] "Bitcoin has failed on the promise to be a global decentralised digital currency and is still hardly used for legitimate transfers. The latest approval of an ETF doesn’t change the fact that Bitcoin is not suitable as means of payment or as an…