Crypto Exchange-Traded Fund Race Heats Up: Fidelity Faces SEC Delay Amid Five Bitcoin LETFs Filing
The SEC emphasized the need for an extended evaluation period to make an informed decision regarding approval, disapproval, or the initiation of further proceedings.
Unlocking Cryptocurrency's Future: Anticipating Spot Ethereum ETF, Its Implications, Challenges And Market Dynamics
Many are now closely monitoring developments in the cryptocurrency industry to see if a spot Ethereum ETF could be the next milestone in the regulatory landscape.
A New Dawn in Crypto: How Spot Bitcoin ETFs Boost Adoption, Reshape Regulation
The introduction of spot Bitcoin ETFs marks a significant milestone, yet many questions and challenges lie ahead for the cryptocurrency ecosystem.
Shiba Inu Steals The Spotlight, Leaving Bitcoin Behind In Positive Online Discussions: Study
A comprehensive study conducted by Coinwire unveiled that Shiba Inu is one of the standout cryptocurrencies that garnered substantial positive discussions across various social media platforms throughout the year 2023.
Crypto Market In Red Following Bitcoin's Tumultuous Descent To $40K
The altcoin landscape is currently grappling with a sea of red, as most charts are dominated by bearish sentiment.
Crunching Numbers: Solana Poised to Outshine Ethereum By 5x, Say Glassnode Co-Founders
Solana has demonstrated remarkable resilience in the face of potential market turbulence stemming from holdings associated with the FTX bankruptcy estate.
XRP ETF Talks Gain Traction As Ripple CTO Nudges Wall Street Giant Franklin Templeton
When BlackRock CEO Larry Fink was asked about the possibility of an XRP ETF, he said, "I can't answer that."
BlackRock's IBIT Breaks The Billion Barrier: Top Executive Sheds Light On Inflow Surge
BlackRock's IBIT made a rare feat in the history of exchange-traded funds when it reached more than $1 billion in inflows within its first four days of trading.
Tether's Bullish Move Cements Status As Major Bitcoin Player With $380 Million Bet
The wallet address associated with Tether occupies the 11th position within the esteemed Top 100 Bitcoin Holders list, laying claim to an impressive 0.3% stake in the prevailing circulating supply of the world's largest cryptocurrency by market capitalization.
Franklin Templeton Expands Crypto Horizon: Eyes Ethereum and Solana Following Bitcoin Foray
Is Franklin Templeton hinting at the possibility of filing for a Solana or Ether ETF?
Trump Vows to Shield US from CBDCs: A Stand To 'Protect Americans From Government Tyranny'
"Tonight, I am also making another promise to protect Americans from government tyranny," Trump said.
Jamie Dimon's Bitcoin Disdain Gets Flak From Saylor, Snowden and Crypto Enthusiasts
While Dimon acknowledged that "blockchain is real" and that "it is a technology" and confirmed that "There's a cryptocurrency which might actually do something," he referred to Bitcoin as the cryptocurrency "which does nothing."
Crypto Giant Coinbase Challenges SEC: Legal Duel Centers On Defining Securities
The SEC's lawsuit against Coinbase revolves around the allegation that the exchange had circumvented regulatory rules for an extended period.
Investor Confidence Swings To BlackRock With IBIT's $700M Net Inflow, Grayscale Bleeds
All other spot Bitcoin ETFs have seen about $1.9 billion in net inflows, excluding GBTC.
ARK Invest's Strategic Gambit: Betting Big on Spot Bitcoin ETF's Potential
ARK Invest executed a strategic reallocation of its assets on Tuesday, divesting some of its holdings in ProShares Bitcoin Strategy ETF (BITO).
Judge Delays SEC's Landmark Case Against Kwon Until March; No Additional Adjournment Requests Will Be Considered
Earlier this week, the SEC agreed to postpone the civil litigation involving Kwon, which is strategically aimed at facilitating Kwon's extradition, thereby ensuring his presence during the trial.
Spot Bitcoin ETFs Shatter Expectations: Nearly $10 Billion Trading Volume In Just Three Days
Despite not significantly impacting Bitcoin's price, the robust trading activity and substantial net inflows indicate a successful introduction and a positive market reception for Bitcoin ETFs.
SBF Controversy Continues: Bankman And Fried Counter FTX's Clawback With Dismissal Request
FTX did not specify the exact sum allegedly misappropriated by Bankman and Fried but detailed certain expenditures: Bankman's annual remuneration of $200,000 as a senior adviser to the FTX foundation, over $18 million allocated for Bahamian real estate, and $5.5 million in contributions made by the FTX Group to Stanford University.
Tether CEO Reacts After Cantor Fitzgerald's Chair Validates Stablecoin Issuer's Reserve Strength
The stablecoin issuer has endured prolonged scrutiny regarding its backing of USDT, a stablecoin that currently boasts an extensive market capitalization exceeding $95 billion, firmly establishing it as the predominant stablecoin in global circulation.
iShares Bitcoin Trust Dominates The Market With Over $1B In Trading Volume In 3 Days
If this trading volume continues, it's just a matter of time before BlackRock's IBIT snatches the "Liquidity King" title from Grayscale's GBTC.
Crypto, Ether ETF 'A Certainty': Ripple CEO Calls Gensler's Regulatory Strategy A 'Political Liability'
Garlinghouse said that the swift rise in Ethereum's value after the authorization of spot Bitcoin ETFs is a clear indicator of the market's strong interest in a more diverse range of ETF products.
USDT Under Scrutiny: Tether Disappointed, Challenges UN's Claims Of Involvement In Illicit Financial Operations
The UN report claimed that USDT is being used by clandestine financial networks and money laundering infrastructure in East and Southeast Asia.
Awaiting Do Kwon: SEC Agrees To Delay TFL CEO's $40B Crypto Fraud Case Trial
Do Kwon could be in the U.S. by mid-March to attend the trial in the $40 billion crypto fraud case.
Ex-Celsius CEO Fights To Dismiss Charges; Legal Team Reportedly Abandons Ship Over Non-Payment?
Aside from his indictments, Mashinsky is allegedly losing the Yankwitt LLP law firm in his defense team after it reportedly applied to withdraw its representation because of the crypto executive's alleged "deliberate disregard" to pay.
BlackRock CEO Unveils Plan For Bitcoin And Crypto, Initiating A 'Technological Revolution' In Finance
Blockchain technology enables the digitization or tokenization of conventional assets onto a publicly accessible ledger
Unpacking The Impact: Bitcoin ETF Sparks New Market Activity And Price Volatility Levels
According to a research analyst, "The price action of BTC, coupled with volume data and the performance of certain altcoins, demonstrates the adherence to the typical 'buy the rumor, sell the news' pattern associated with major market events."
SEC Chair Gensler Claims Isolation of X Account Hack Amidst Mounting Political Pressure From Lawmakers
A parliament of Senators immediately demanded an answer from the SEC following the security incident that led to false yet market-moving information.
Michael Saylor's Masterstroke: MicroStrategy Chairman Gets $600M Richer On Bitcoin ETF Trading Launch
While opinions vary on the impact of Bitcoin ETFs on MicroStrategy's investment approach, Saylor views their approval as a major financial development, potentially the most significant one on Wall Street in the last 30 years.
Elon Musk Holds Ground, Dogecoin and Bitcoin Retain Solid Positions On Tech Tycoon's Holdings
Musk, who christened himself as DogeFather, shared during a recent X Spaces event that he still owns DOGE while another one of his companies still has "a bunch" of Bitcoin on its portfolio.
Exclusive Interview: Morph CEO On Spot Bitcoin ETFs As A New Frontier In Crypto Investment
Despite the potential benefits, spot Bitcoin ETFs could trigger oversaturation and dilution of investments among too many funds.