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Celsius Mining, the mining subsidiary of crypto lending platform Celsius Network, has filed paperwork with the United States Securities and Exchange Commission, or SEC, suggesting plans for an initial public offering (IPO).In a Monday announcement, Celsius said its mining subsidiary had filed a Form S-1 draft registration statement with the
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The cosmetics giant has filed trademarks for a slew of its properties, indicating plans to venture into virtual cosmetics. Original Source
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Elon Musk’s electric vehicle maker Tesla was holding about $2 billion worth of Bitcoin (BTC) by the end of 2021, according to official records.The “fair market value” of BTC held by Tesla as of December 31, 2021, was $1.99 billion, the company said on Friday in its annual filing with
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Bitwise Asset Management has withdrawn the application for its Bitcoin Futures exchange traded fund (ETF) citing what it said are the cost and complexity of such ETFs and that the company will instead focus its efforts on its spot Bitcoin ETF filing already in the pipeline. Original Source
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Bitwise Asset Management has withdrawn its application for a Bitcoin (BTC) futures-based exchange-traded fund (ETF) amid a number of such products launching in the United States.While dropping its futures-linked ETF, the firm is still bullish on a spot Bitcoin ETF, which is designed to track Bitcoin directly, Bitwise chief investment
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Digital Currency Group, a crypto-industry holding company, came out in defense of its subsidiary Grayscale’s Grayscale Bitcoin Trust (GBTC) last week, when the fund’s shares traded on Monday at a 20.53% discount to its underlying bitcoin holdings – the steepest in five months.One perspective is that Digital Currency Group’s pledge
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Grayscale’s ETF would be backed by actual units of the cryptocurrency, not simply linked it via derivatives contracts such as futures. Should the proposal gain approval, it would be a further expansion of the leading cryptocurrency as a recognized investible asset. Source
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New York-based asset manager WisdomTree has filed for a Bitcoin exchange-traded fund, or ETF, with the U.S. Securities and Exchange Commission.The firm submitted its filing on March 11. It states the WisdomTree Bitcoin Trust would trade on Chicago Board Options Exchange’s BZX platform under the ticker BTCW. The trust would
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According to the detail provided, founder and Chief Executive Officer Brian Armstrong reportedly earned $60 million in the 2020 fiscal year.Details shared by American cryptocurrency exchange Coinbase in its S-1 filing with the Securities and Exchange Commission (SEC) is evident the company is set to the public markets. The cryptocurrency
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