Ethereum News Daily Official TheBitTimes.com

MicroStrategy (NASDAQ: MSTR), the largest publicly traded corporate holder of Bitcoin (BTC), has announced an upsized debt offering to fund further cryptocurrency acquisitions.  The company disclosed that it plans to raise $700 million through senior convertible notes maturing in 2032, priced to yield 2.25% annually. Buyers also have the option to purchase an additional $100 million in senior securities. Details of the debt offering The $700 million debt offering , initially announced at $500 million, includes an option for initial purchase rs to buy an additional $100 million in notes. Picks for you Bitcoin investor builds $1,100 diversified crypto portfolio with surprising results 19 seconds ago Imminent breakout? Bitcoin investors ...

Nexo, an “all-in-one” digital assets platform, unveiled its Nexo Card Holiday Spending Report 2023/2024, receiving the esteemed “Consumer Payments Innovation Award” in the 8th annual FinTech Breakthrough Awards, as per the information shared with Finbold on March 14. The 2023 report also delves into spending patterns across multiple categories, popular digital assets used as collateral, and prevalent usage locations, offering more insight into user habits. The Nexo Card upsurge  Designed in collaboration with Mastercard, the Nexo Card witnessed a notable upsurge in Q4 2023 due to its versatile Dual Mode Credit and Debit functionalities.  Picks for you Elon Musk says Tesla to allow Dogecoin payments; What’s next for DOGE? 1 hour ago AI predicts XRP price for end of 2024 1 hour ago Cryptocurrencies priced in cents set to reach $1 in April  3 hours ago Brace for strong Solana correction; Here’s why 3 hours ago Transactions soared to ove...

Bloomberg analyst Eric Balchunas speculated the SEC may have applied pressure on Valkyrie to halt purchases of ETH futures contracts until the ETF was officially approved. Asset management firm Valkyrie has said it will hold out for the United States Securities and Exchange Commission (SEC) to approve an exchange-traded fund, or ETF, with exposure to Ether (ETH) futures rather than making purchases in advance. In a Sept. 29 filing with the SEC, Valkyrie said it will not make certain purchases “until the effectiveness of an amendment” reflecting ETH futures contracts as the ETF’s principal investment strategy. The firm told Cointelegraph on Sept. 28 that it planned to allow investors exposure to Ether and Bitcoin (BTC) under a combined Bitcoin and Ether Strategy ETF, with purchases planned ahead of a launch the first week of October. ‘[T]he Fund will unwind any existing positions in ether futures contracts,” said the SEC filing. The plot thickens, Valkyrie just put out 497 that they...