The investment giant submitted the paperwork late last week through its iShares unit, with custody to be provided by Coinbase and price data coming from CF Benchmarks.

Major crypto subreddits such as r/CryptoCurrency and r/Bitcoin have come out in support of the two-day protest against API fees, but r/Ethereum and r/Tether still appear to be accessible.

Tether has announced its new investment strategy. To strengthen and diversify reserves, the company plans to regularly buy bitcoin with realized profits.

Tether and Strike money app have merged their user bases by adding USDT to the bitcoin-only platform.

After network congestion saw hundreds of thousands of unconfirmed transactions in the mempool and fees hitting $30+ earlier this month, things appear to be getting back to normal… slowly. Have Ordinals and BRC-20 meme-coins already had their day in the sun?

Bitcoin transaction fees are currently sky-high, as the generally drama-free network is hit by a recent craze for NFTs and dodgy meme-coins on the platform. There have even been calls to patch the ‘bug’ that made such ‘abominations’ possible…

The online payment processor is now holding almost half a billion dollars worth of bitcoin on behalf of its customers, along with ether, litecoin and bitcoin cash.

The U.S. may impose additional tax on cryptocurrency mining (cryptomining) operations. According to the White House, the tax is intended to offset the expenses that cryptomining operations place on society.