SixtyNine
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10 months agoCrypto ETFs Stir Controversy Amid Profit-Sharing Promises to Developers
In the world of digital assets, a series of groups have co-opted the revolution, turning the industry into a minefield for both new and experienced market players. These groups range from BitMEX to Binance,…
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bob wrote a new post
10 months agoBlackRock CEO Sees Value in Ethereum ETF, SEC Approval Likely
BlackRock CEO Larry Fink recently expressed his belief in the value of a spot Ethereum (ETH) ETF (Exchange Traded Fund) during an interview with CNBC. This comes after the US SEC (Securities and Exchange…
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bob wrote a new post
10 months agoEthereum ETF Approval Anticipated: BlackRock and VanEck Await SEC Decision
BlackRock CEO Larry Fink has shown interest in a spot Ethereum ETF following the US SEC’s approval of 11 spot Bitcoin ETFs. Major firms such as BlackRock, VanEck, and Grayscale have applied for a spot ETH ETF, i…
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bob wrote a new post
10 months agoBlackRock CEO Larry Fink Expresses Interest in Ethereum ETFs
BlackRock CEO Larry Fink has recently shown interest in an Ethereum-based Exchange-Traded Fund (ETF), indicating a potential shift in investment strategies. This comes at a time when cryptocurrency markets are…
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bob wrote a new post
10 months agoUBS Group Nominates Gail Kelly for Board of Directors Election
UBS Group AG has announced its intention to propose Gail Kelly for election to its Board of Directors at the Annual General Meeting, which is scheduled for April 24, 2024. Kelly, a seasoned professional in the…
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bob wrote a new post
10 months agoSouth Korea's FSC Warns Against Foreign Bitcoin ETF Brokerage
South Korea’s Financial Services Commission (FSC) has issued a warning to domestic securities firms brokering overseas-listed Bitcoin spot exchange-traded funds (ETFs), stating that such activities may be in v…
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10 months agoVanguard Blocks Bitcoin ETFs as Pullix Exchange Prepares for Launch
Asset manager Vanguard has made the decision to prevent its customers from purchasing spot Bitcoin ETFs via its platform. This move coincided with the commencement of trading for these ETFs, leading to some…
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10 months agoSEC Seeks Ripple's Financial Statements Amid XRP ETF Speculations
The U.S. Securities and Exchange Commission (SEC) has filed a motion to compel Ripple Labs to produce financial statements for the years 2022-2023 and post-complaint contracts governing institutional sales of XRP.…
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bob wrote a new post
10 months agoFormer Terra CEO Requests Trial Delay Amid Extradition Delays
Do Kwon, the former CEO of Terra, has formally requested a delay in his trial in the United States through a letter to Judge Jed S. Rakoff. The trial, which is in response to charges brought by the US Securities…
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bob wrote a new post
10 months agoSpot Bitcoin ETFs Stir Mixed Reactions Among Industry Experts
The first spot Bitcoin exchange-traded funds (ETF) in the United States has been approved, paving the way for billions of dollars in institutional money to enter the market. On the first day of trading in January…
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10 months agoMemeinator Presale Nears $3.5 Million Amid Bitcoin ETF Approval
In a historic week for the cryptocurrency market, the US Securities and Exchange Commission (SEC) approved all eleven spot Bitcoin exchange-traded funds (ETF) applications. This approval allows institutional…
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bob wrote a new post
10 months agoBitfinity Raises $7M to Enhance DeFi with Innovative Blockchain Tech
Bitfinity, a leading blockchain technology firm, has successfully secured $7 million in a funding round. The round was led by notable investors such as Polychain Capital and ParaFi Capital. The company is…
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bob wrote a new post
10 months agoBitcoin ETFs Face Rocky Start Despite SEC Approval, Limited Investor Access
Bitcoin ETFs experienced a rocky start after their approval by the U.S. Securities and Exchange Commission (SEC), launching on the U.S. market with price setbacks. Despite official approval, trading is not open to…
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bob wrote a new post
10 months agoTurkey Nears Completion of Crypto Regulation for Trading Platforms
The Turkish government is in the final stages of completing technical studies for its crypto asset regulation. This regulation will introduce licensing and operating standards for trading platforms. The…
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bob wrote a new post
10 months agoSwiss and Liechtenstein Banks Expand Operations in Germany
Amidst pressure on fees, high costs, and a less exclusive clientele, many banks have struggled to turn a profit in neighboring countries. UBS, Switzerland’s number one bank, has been grappling with special costs i…
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bob wrote a new post
10 months agoIOTA Foundation Reports Significant Q4 Developments and Future Plans
The IOTA Foundation had a productive fourth quarter in 2023, with several teams achieving significant milestones. The Foundation’s progress towards IOTA 2.0 was outlined in its Q4 report, which also highlighted m…
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bob wrote a new post
10 months agoBitfinity Raises $7M to Enhance DeFi with Innovative Blockchain Tech
Bitfinity, a leading blockchain technology firm, has successfully secured $7 million in a funding round. The round saw participation from notable investors such as Polychain Capital and ParaFi Capital. The company…
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bob wrote a new post
10 months agoShiba Inu Burn Rate Surges Amidst Crypto Market Uptrend
The Shiba Inu burn initiative has seen a significant increase in its token burn rate, sparking interest within the crypto community. Data from the Shiba Inu burn tracker, Shibburn, reveals a 395.43% increase in the…
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bob wrote a new post
10 months agoUBS and Citi Defy Vanguard, Open Bitcoin ETFs to Wealthy Clients
In a significant development in the financial markets, the debut of Bitcoin Exchange-Traded Funds (ETFs) has been led by trillion-dollar giants, marking a milestone in the decade-long journey to integrate…
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bob wrote a new post
10 months agoSEC Approval of Bitcoin ETFs Sparks Controversy Among Lawmakers
The Securities and Exchange Commission (SEC) has ignited a storm of controversy by approving the first wave of spot bitcoin exchange-traded funds (ETFs). This decision has sparked a heated debate among lawmakers…
