In a historic move, the US Securities and Exchange Commission (SEC) has given the green light to Bitcoin Spot ETF, marking January 10 as a significant day for BTC holders. This approval has sparked fee wars among issuers, with experts predicting that BlackRock, Fidelity, and Grayscale BTC ETFs could endure in the long run by […]
The crypto industry has recently celebrated the approval of spot Bitcoin ETFs in the United States. However, this decision by the Securities and Exchange Commission (SEC) has not been universally welcomed.SEC Commissioner Caroline Crenshaw, who was one of two commissioners to vote against the approval, expressed her concerns in a statement on January 10. She […]
Investors have shown a renewed interest in alternative cryptocurrencies, with a particular focus on the potential approval of an ethereum exchange-traded fund in the United States. This shift in attention comes as speculation grows around the timing of the regulatory approval.Ethereum, the world’s second-largest token, has seen a significant increase in value, jumping more than […]
Tesla CEO and SpaceX founder Elon Musk, initially skeptical about using Bitcoin as a currency on Mars, has now slightly warmed up to the idea. During an X Spaces titled ‘ARK 21Shares Bitcoin ETF (ARKB) Approved,’ with ARK Invest CEO Cathie Wood, Musk expressed concerns about the significant time it takes to settle Bitcoin transactions, […]
Over $12 million was wagered on a Polygon-based decentralized predictions market, Polymarket, on the outcome of the United States approving a spot Bitcoin exchange-traded fund (ETF) before mid-January. The bet, which began in early December, resolved to “yes” on January 10th when the Securities and Exchange Commission (SEC) approved the trading and listing of 11 […]
In a significant development in the cryptocurrency market, Ethereum Classic (CRYPTO: ETC) has seen a remarkable 34% surge over the past 24 hours. This increase has outshone the performance of leading cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).The surge has positioned Ethereum Classic as the top performer among the 100 leading cryptocurrencies […]
The cryptocurrency industry continues to collaborate with regulatory authorities to ensure a balance between innovation and consumer protection. Satoshi Nakamoto, the enigmatic creator of Bitcoin, laid the foundation for a financial revolution with his visionary cryptocurrency concept in 2008. With the approval of the Spot-ETF on Wall Street, Bitcoin is experiencing a second Big Bang, […]
Michael Ackerman, a resident of Alliance, Ohio, has been hit with a permanent injunction by default judgment, as declared by the Commodity Futures Trading Commission (CFTC) on June 28. The judgment, handed down by Judge Naomi Reice Buchwald of the U.S. District Court for the Southern District of New York, prohibits Ackerman from participating in […]
JPMorgan CEO Jamie Dimon has reiterated his negative stance on Bitcoin and the wider cryptocurrency industry in a recent interview with Fox, citing concerns over illicit activities such as sex trafficking, tax evasion, money laundering, and terrorism financing. He has previously expressed similar views during a Senate Banking Committee hearing, suggesting that cryptocurrencies should be […]
UBS, a leading Swiss bank, has achieved a record-breaking market share in its home country following the acquisition of its main competitor, Credit Suisse. This strategic move has resulted in UBS securing a significant 25% of the dealmaking fee pool in Switzerland last year, a feat that is unprecedented in the industry.UBS’s takeover of Credit […]
