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Valkyrie Anticipates Approval of Spot Bitcoin ETF by SEC This Month


The Securities and Exchange Commission (SEC) may finally approve the long-awaited spot bitcoin exchange-traded fund (ETF) as early as this month, according to Valkyrie’s chief investment officer, Steven McClurg. Bitcoin’s price has rallied over the past few months in anticipation of...

Judge Urges for SEC Decision on Planned Celsius Restart as Crypto Miner


America’s securities regulator has been urged to decide if it will approve a plan to transform Celsius Network into a bitcoin mining firm. The proposal seeks to repay customers of the bankrupt cryptocurrency lender with both crypto assets and stock in a new publicly traded mining entity. New York...

Galaxy Expects Spot Bitcoin ETF to Push BTC Up by 74% in First Year


A spot-based bitcoin exchange-traded fund (ETF) would attract significant capital and boost the price of BTC by 74% in the first year after launch, according to Galaxy Digital. The estimate comes amid rising anticipation that the U.S. securities regulator will approve one or more of the proposals...

BlackRock CEO Larry Fink Equates Bitcoin's Future Value to Human Freedom


BlackRock CEO Larry Fink shared an optimistic view on Bitcoin last week during a discussion with value investor and Bitcoin enthusiast Mike Alfred.  According to Fink, Bitcoin's future value is intrinsically tied to the concept of human freedom. His perspective comes in the wake of BlackRock's...

Coinbase Chief Legal Officer Says the SEC Will Approve a Bitcoin ETF Soon


Coinbase Chief Legal Officer Paul Grewal believes that the U.S. Securities and Exchange Commission (SEC) will soon approve a spot Bitcoin (BTC) exchange-traded fund (ETF). In a recent interview with CNBC, Grewal expressed optimism regarding the approval of ETF applications. "I'm quite hopeful...

Binance Stops Accepting New Users in UK to Comply With Crypto Regulations


Binance has announced that it will no longer accept new users in the U.K. in order to comply with new crypto regulations from the Financial Conduct Authority (FCA). Binance explained that it is currently looking for an FCA-authorized firm to review and approve its U.K. financial promotions...

JPMorgan Expects SEC to Approve Multiple Spot Bitcoin ETFs at Once


Global investment bank JPMorgan expects the U.S. Securities and Exchange Commission (SEC) to approve multiple spot bitcoin exchange-traded funds (ETFs) at once, instead of giving one company the advantage of being the first. The bank’s analyst explained that if the securities regulator wants...

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