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SEC Commissioner Crenshaw Dissents From Spot Bitcoin ETF Approval
12.1.2024
SEC Commissioner Caroline A. Crenshaw voices her dissent against the commission’s approval of spot bitcoin ETFs, highlighting the risks of market manipulation, the concentration of bitcoin ownership, and the inadequacy of current regulatory measures in safeguarding investor interests....
With Bitcoin ETF Approvals, Market Eyes Inflows and Potential Spot Ether ETF
12.1.2024
The SEC’s approval of spot bitcoin ETFs marks a major milestone in cryptocurrency regulation, yet it’s ethereum that captures the market’s attention with a price rally, as investors and analysts now turn their eyes towards potential spot ether ETF approvals in the near future....
Coinbase Partners to Expand Digital Asset Access in Africa
12.1.2024
Source: Pixabay Crypto exchange behemoth Coinbase is entering into the African markets by collaborating with local stablecoin exchange Yellow Card. The significant move expands product access to Coinbase customers in 20 nations across the African continent. Crypto is here to stay — helping drive...
Mike Novogratz Predicts a Bitcoin ETF War Between Invesco, BlackRock, and Fidelity
12.1.2024
Source: LinkedIn The recent regulatory approval of 11 Bitcoin (BTC) spot exchange-traded funds (ETFs) has set the stage for an intense battle among asset management firms. Renowned crypto enthusiast Mike Novogratz, who is CEO of Galaxy Digital, has forecasted a fierce struggle for dominance...
Crypto Products for European Investors Experiencing ETF FOMO
12.1.2024
Source: AdobeStock / Craig European crypto enthusiasts are on the sidelines watching as the U.S. Securities and Exchange Commission (SEC) approved eleven spot bitcoin exchange-traded funds experiencing FOMO (fear of missing out) – it’s worth noting there are already plenty of products...
Congressman Warren Davidson Rails Against Treasury’s ‘Red Herring Arguments’ On Crypto
12.1.2024
Warren Davidson, Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Inclusion of the House Financial Services Committee, has rejected the policy suggestions made by the U.S. Treasury on crypto assets, stating these seek to ban digital assets in the U.S. using unworkable...
Crypto Community Calls to Boycott Vanguard as $7.7 Trillion Asset Manager Blocks Spot Bitcoin ETFs
12.1.2024
Source: Vanguard Asset management giant Vanguard has opted not to allow the purchase of spot Bitcoin exchange-traded funds (ETFs) on its platform, triggering the crypto community. According to a report from The Wall Street Journal on January 11, Vanguard stated that it will not offer the new spot...
US Lawmakers Slam SEC Over Fake Bitcoin ETF Tweet — Say ‘This Failure Is Unacceptable’
12.1.2024
U.S. lawmakers are demanding answers from the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler regarding the regulator’s X account breach that led to a fake tweet on the social media platform announcing the approval of spot bitcoin exchange-traded funds (ETFs), a decision...
Fundstrat Says Bitcoin Is Headed for $150K — Predicts BTC Could Hit $500K in 5 Years
12.1.2024
Financial research firm Fundstrat’s head of research has predicted that the price of bitcoin is headed for $150K and could hit $500K in five years. Emphasizing the cryptocurrency’s finite supply and “a potentially huge increase in demand with a spot bitcoin approval,”...
South Korea Regulator Holds Firm Stance Against Crypto ETFs Approval
12.1.2024
Source: AdobeStock While the US has finally approved a decade-long wait for Bitcoin exchange-traded funds (ETFs), South Korea still stands firm in banning BTC ETFs. South Korea’s Financial Services Commission (FSC) said that the launch of virtual currency ETFs is “impossible”...
South Korean Crypto-related KOSDAQ Stocks Soar on Bitcoin ETF News
12.1.2024
Source: mirsad/Adobe South Korean crypto-related KOSDAQ stocks “soared” on the news of the US Securities and Exchange Commission (SEC)’s approval of 11 Bitcoin spot ETFs. No South Korean crypto firm has yet floated on the Korean Exchange. However, several listed companies have...
Robert Kiyosaki Increases BTC Holdings After SEC Approval of Spot Bitcoin ETFs
12.1.2024
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he bought additional bitcoin following the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The famous author is deeply concerned about the U.S. economy, particularly the threat...
5 Cryptos To Boost Returns in a Stocks and Bonds Portfolio 2024
12.1.2024
The dawn of Bitcoin ETFs presents an opportunity for investors to capitalize through a diversified crypto portfolio allocation. Image by Kerem Goktug Kaya, DALL-E 3. The U.S. Securities and Exchange Commission (SEC) made history this week, approving the first-ever Bitcoin exchange-traded funds...
US Spot Bitcoin ETFs Rack up $4.6 Billion in Trading Volume on Day 1 — Blackrock Debuts With $1 Billion
12.1.2024
U.S. spot bitcoin exchange-traded funds (ETFs) racked up $4.6 billion in total trading volume on their first day of trading. Blackrock, the world’s largest asset manager, debuted with more than $1 billion in trading volume for its Ishares Bitcoin Trust. Grayscale’s spot bitcoin...
Domestic Exchanges Account for 99.7% of Brazilian Cross-border Crypto Trades – Central Bank
12.1.2024
Source: Alexey Novikov/Adobe Exchanges that buy coins overseas to sell on the domestic market account for most of Brazil’s cross-border crypto trade, a Central Bank report has found. The findings were published in an official post from the bank’s data analysis team. The authors reported...
SEC Chair Gary Gensler Was the Deciding Vote Approving Spot Bitcoin ETFs
11.1.2024
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, cast the deciding vote approving 11 spot bitcoin exchange-traded funds (ETFs) in a landmark decision on Wednesday. Before the approvals, the securities regulator held a vote on spot bitcoin ETFs, with two commissioners...
Top Crypto Gainers Today on DEXTools – TYPE, D/ACC and STRM
11.1.2024
TYPE, D/ACC and STRM are some of the top small-cap crypto gainers today on DEXTools, while blue-chip cryptocurrency markets pump. Small-cap cryptocurrencies almost always take the mantle for the top crypto gainers each day. That’s because their low level of liquidity means that relatively...
Best Crypto to Buy Today January 11 – Ethereum Classic, SUI, Mantle
11.1.2024
Ethereum Classic leads the charge alongside SUI, Mantle, Bitcoin Minetrix, and Sponge V2 as the best crypto to buy today. Image by cryptonews.com. Ethereum Classic (ETC), with its price surge of over 50% for the past 4 days, is leading the charge and establishing itself as one of the best cryptos...
In 2024, Crypto Summer Is Coming, and This One Will Be Different
11.1.2024
Expect greater stability on Ethereum, the convergence of CBDCs and stablecoins, and progress on industrial applications of blockchain tech, says EY’s Paul Brody
Crypto Titans are Strategically Piling into This Dark Horse Token – 14-Day Countdown Begins
11.1.2024
Crypto titans have taken an interest in Launchpad XYZ’s presale offering early access to its AI-powered crypto trading platform. Image by hiddencatch, Adobe Stock. Accurately predicting price movements has long been the holy grail for investors and traders across all markets. But volatility...