The U.S. Securities and Exchange Commission (SEC) has given approval to 11 issuers in the Spot Bitcoin ETF frenzy, with Grayscale Investments, the world’s leading crypto asset manager, taking center stage. Grayscale’s achievement was recognized by Coinbase CEO Brian Armstrong and CLO Paul Grewal, who credited the firm for its significant victory in the ETF […]
SEC Commissioner Hester Pierce has lauded the efforts of Grayscale and the U.S. District Court of Appeals in the approval of the Bitcoin spot ETF. This comes after a decade since the first filing, with the SEC finally approving the first Bitcoin spot ETF. However, the chair has clarified that this approval does not equate […]
The cryptocurrency data aggregator CoinGecko’s X (formerly Twitter) account and terminal were briefly compromised on January 10. The company has assured that it is taking immediate action to investigate the incident and secure the accounts. Users have been cautioned against engaging with suspicious content or clicking on any links.During the brief period of the hack, […]
Hester Peirce, affectionately known as ‘crypto mom,’ has voiced her strong opinions following the approval of spot Bitcoin exchange-traded products by her agency, after a decade of rejections. “Today marks the end of an unnecessary, but consequential, saga,” she stated on January 10. Peirce suggested that the saga could have extended beyond a decade if […]
In a significant development, Coinbase, a leading cryptocurrency exchange, has moved to dismiss the lawsuit filed against it by the U.S. Securities and Exchange Commission (SEC). The company has submitted a motion to dismiss the SEC’s complaint, which accuses it of operating as an unregistered corporation and violating securities laws.Coinbase’s filing argues that the SEC […]
The cryptocurrency industry has been a hot topic in mainstream media, especially with the recent approval of 11 spot Bitcoin exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC). This has led to increased speculation about the potential approval of Ethereum (ETH) ETFs.US Congressman Michael Collins has reportedly made two Ethereum purchases […]
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 […]
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 […]
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, […]
