Game Publisher Nexon Buys $100M Worth of Bitcoin

https://www.btctimes.com/news/game-publisher-nexon-buys-100m-worth-of-bitcoin

"[...] represents less than 2% of its total cash and cash equivalents."

"This makes Nexon the first Japan-listed company to hold bitcoin."

"Nexon maintains over 80 game titles, with some of its most successful games being MapleStory and Dungeon & Fighter."

--
Nexon’s Purchase of Bitcoin:
https://medium.com/nexon/nexons-purchase-of-bitcoin-81e3079a3f58

#Bitcoin  #Corporate #Treasury #Nexon #Japan #MapleStory #OwenMahoney DungeonAndFighter #BTCTimes

When Policy Makers Meet Cypherpunks: Bitcoin’s Regulatory Future

https://btctimes.com/news/when-policy-makers-meet-cypherpunks

“Regulators are often slow in understanding and appreciating the nuances of the technologies they're regulating and more often than not are unable to satisfactorily supervise the industry they're overseeing."

"Countries with favorable regulation will see an influx of Bitcoin businesses and users, and with it large-scale economic opportunities."

#Bitcoin  #Government #Regulation #Policy #BTCTimes

First Trust and Scaramucci's SkyBridge File for Bitcoin ETF

https://www.btctimes.com/news/first-trust-and-scaramuccis-skybridge-file-for-bitcoin-etf

"#SkyBridge and First Trust's #ETF filing follows those from #VanEck, #NYDIG, #WisdomTree, #Grayscale, and #Valkyrie."

"With precedent from abroad and a growing number of applications, many anticipate that the U.S. may see its first Bitcoin ETF within the year."

SEC Form S-1:
https://www.sec.gov/Archives/edgar/data/1852143/000144554621001542/skybridge_s1.htm

#Bitcoin  #ETF #ExchangeTradedFund #BitcoinETF #US #USSEC #ETFFiling #BTCTimes

Hegemony in the Head

https://www.btctimes.com/insight/hegemony-in-the-head

"For 500 years or more, the West has been dishing out lessons to the rest of the world, preaching the superiority of its values—including its financial system. What we’re witnessing is a revolutionary shift in the direction of education."

"From east, west, north and south, Bitcoin’s global hegemony has become relentless, unignorable, ubiquitous."

#Bitcoin  #Hegemony #Traction #Diaspora #Adoption #Remittance #CoinFloor #ObiNwosu #BTCTimes

India Keeps Dreaming Despite Bitcoin Ban

https://www.btctimes.com/news/india-keeps-dreaming-despite-bitcoin-ban

"The satoshi really hasn’t dropped for the world’s governments. They are used to money that they control, which explains why they think they can ban Bitcoin with a click of the fingers. In reality, India (or any other country, for that matter) can no more 'ban Bitcoin' than they can outlaw the moon."

#Bitcoin  #India #Indian #Government #Prohibition #BTC #Ban #Banning #Banned #Legislation #CoinFloor #ObiNwosu #BTCTimes

Ruffer Investment Earned $650M in Profits From Bitcoin

https://www.btctimes.com/news/ruffer-investment-earned-650m-in-profits-from-bitcoin

"The firm—which reportedly managed £21 billion ($29 billion) worth of assets at the end of 2020—had been following Bitcoin's rise for years and used to be rather skeptical of it during the 2017 bull run."

#Bitcoin  #BTCTimes #Ruffer

"Despite there being more payments in 2021, however, neither fees nor processing times have witnessed apocalypse or even come close to levels seen three years ago."

Bitcoin Mempool Stays Cool as Payment Numbers Pass 2017 Record

#Bitcoin  #Mempool #FeeMarket #Fees #TXFees #RBF #CPFP #FeeBump #BTCTimes

https://www.btctimes.com/news/bitcoin-mempool-stays-cool-payment-numbers-pass-2017-record

"The only futures BlackRack intends to invest in are 'cash-settled bitcoin futures traded on commodity exchanges registered with the CFTC.'"

"While the filings are not a confirmation that BlackRock's entities are going to buy Bitcoin futures, these types of filings often precede ventures into the space."

BlackRock Funds "May Engage" in Bitcoin Futures, SEC Filing Suggests

#bitcoin  #Futures #BlackRock #SEC #SAI #BTCTimes

https://www.btctimes.com/news/blackrock-may-engage-in-bitcoin-based-futures-contracts