SEC Didn’t Protect Consumers with Grayscale Bitcoin Trust: Mike Novogratz – Decrypt

In brief

Galaxy Digital’s Mike Novogratz criticized the SEC for allowing the Grayscale Bitcoin Trust (GBTC) to function in the absence of approving a true Bitcoin ETF.
His firm is one of several hoping to launch a Bitcoin ETF in the US, allowing investors to gain exposure to the cryptocurrency.

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Bitcoin, Like Uber, Is ‘Too Big to Regulate’: Miami Mayor – Decrypt

In brief

Francis Suarez has advanced pro-cryptocurrency policies as Miami mayor.
He believes adoption is too widespread to kill Bitcoin.

There’s been a lot of hemming and hawing in Washington, D.C.—and even among Silicon Valley FinTech companies—about the need to regulate cryptocurrency.

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Ethereum Classic gains 300% in one week as traders rush to buy the ‘wrong Ethereum’

The “original” yet ironically “wrong” Ethereum and Telcoin (TEL) are leading a fresh altcoin surge this week. Bitcoin (BTC) fans are already calling time on the fun.
Ethereum Classic (ETC), the pet favorite of Digital Currency Group founder Barry Silbert, is up 300% in a week.

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Goldman Sachs to Offer Bitcoin Derivatives to Wall Street: Report – Decrypt

In brief

Bitcoin recently opened up its Bitcoin trading desk.
Now, it’s going after big spenders.

Goldman Sachs, a global investment bank with over $2 trillion in assets under management, will begin allowing large investors the chance to bet on the future price of Bitcoin.

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Mercado Libre Has Invested $7.8 Million Into Bitcoin – Decrypt

In brief

Mercado Libre has purchased $7.8 million worth of Bitcoin in Q1 2021.
It becomes the first major publicly traded firm in Latin America to add cryptocurrency to its treasury.

Latin America’s leading online marketplace Mercado Libre has added $7.8 million in Bitcoin to its balance sheet.

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