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, […]
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 […]
Bitcoin’s price experienced dramatic swings yesterday following a hack on the US Securities and Exchange Commission’s (SEC) official X account. A fraudulent tweet was posted at 4:11 PM EST on Tuesday, falsely claiming the approval of a spot Bitcoin exchange-traded fund (ETF).Within fifteen minutes, SEC Chair Gary Gensler responded with a statement on his X […]
Bitcoin’s price experienced dramatic swings yesterday following a hack on the US Securities and Exchange Commission’s (SEC) official X account. A fraudulent tweet was posted at 4:11 PM EST on Tuesday, falsely claiming the approval of a spot Bitcoin exchange-traded fund (ETF).Within fifteen minutes, SEC Chair Gary Gensler responded with a statement on his X […]
The crypto community is abuzz with the recent approval of spot Bitcoin exchange-traded funds (ETFs), a move hailed as “historic” by many. The news has led to a surge in activity on social media platforms, with the hashtag #BitcoinETF trending and the search term “Bitcoin ETF” reaching a maximum score of 100 on Google Trends.Eleven […]
The crypto community is abuzz with the recent approval of spot Bitcoin exchange-traded funds (ETFs), a move that many have hailed as “historic”. The approval has led to a surge in activity on social media platform X, with the hashtag #BitcoinETF trending and the search term “Bitcoin ETF” reaching a maximum score of 100 on […]
In a landmark decision, the U.S. Securities and Exchange Commission (SEC), under the leadership of Chair Gary Gensler, has approved the country’s first Bitcoin-tracking exchange-traded funds (ETFs). This move is a significant milestone for Bitcoin and the broader cryptocurrency sector.The SEC has given the go-ahead to 11 ETF applications from major industry players such as […]
The Securities and Exchange Commission (SEC) has recently approved 11 Bitcoin ETFs, a significant development in the cryptocurrency sector. This regulatory milestone allows for the listing and trading of these spot Bitcoin exchange-traded funds, potentially reshaping the financial landscape and attracting substantial investment flows.Bloomberg, a trusted source in the financial world, has projected that the […]
