SEC Twitter Account Compromised, Bitcoin ETFs Remain Unapproved

US Bitcoin CryptoIn a recent development, Gary Gensler, the head of the Securities and Exchange Commission (SEC), revealed that the SEC’s Twitter account had been compromised. He made this announcement via his own Twitter account, also clarifying that Exchange Traded Funds (ETFs) have not yet received approval.This announcement was made on Tuesday at 4:11 pm […]

Peter Brandt Predicts Bearish Future for Ethereum Despite Recent Gains

Renowned trader Peter Brandt has reiterated his bearish stance on Ethereum (ETH), suggesting that the cryptocurrency’s future looks bleak. Brandt, a swing trader, has expressed his bias towards Ethereum, stating that he believes shorting the digital currency is the best strategy at this time. He has dismissed any suggestion that he might be holding Ethereum […]

SEC Approves First Regulated Spot Bitcoin ETF in the United States

The Securities and Exchange Commission (SEC) has given the green light to the United States’ first regulated spot Bitcoin exchange-traded funds (ETF) — a significant development that comes a decade after the first application was received. The approval was announced in a Jan. 9 post on X (formerly Twitter), with SEC chair Gary Gensler stating […]

SEC Approves Bitcoin Spot ETFs, Opening Door for Direct Investment

In a historic move, the Securities and Exchange Commission (SEC) has given the green light to several applications for Bitcoin spot exchange-traded funds (ETFs). This approval allows these funds to be listed and traded on major US stock exchanges. This is the first instance of the SEC approving funds that directly hold Bitcoin, as opposed […]

Former SEC Chair Foresees Inevitable Approval of Bitcoin ETF

Jay Claton, the former chairman of the United States Securities and Exchange Commission (SEC), has expressed his belief that the approval of a spot Bitcoin exchange-traded fund (ETF) is inevitable. In an interview with CNBC, Clayton stated that the SEC has no further decisions to make as it is satisfied with the disclosures from ETF […]

Crypto Industry’s Failures Highlight Need for Regulation

It may be an exaggeration to say that bitcoin, currently trading close to $50,000, is a complete disaster. However, the exaggeration isn’t far from the truth. The industry, rather than creating practical tools that could withstand extreme scenarios such as a nuclear holocaust, has repeatedly demonstrated the necessity for regulation of this technology.Major technical failures […]

SEC Approves Historic Launch of US Spot Bitcoin ETFs

In a historic decision, the U.S. Securities and Exchange Commission (SEC) has approved the launch of spot Bitcoin Exchange-Traded Funds (ETFs). This marks a significant milestone in the integration of cryptocurrencies into mainstream finance. The decision follows years of anticipation and numerous rejections of previous proposals due to concerns over market manipulation and investor protection.The […]

Bitcoin Ordinals Debate: A Call for Hard Fork Amid Community Fissure

The emergence of Bitcoin Ordinals in 2023 as nonfungible tokens (NFTs) on the Bitcoin blockchain has sparked a significant debate, causing a rift in the previously united Bitcoin community. This division has raised concerns, especially as major Wall Street firms are preparing to issue Bitcoin ETFs. To avoid further fragmentation, supporters of Bitcoin Ordinals are […]

Bitcoin ETF Approval Anticipation Fuels Market Surge and Social Buzz

The crypto community is abuzz with the anticipation of the US Securities and Exchange Commission (SEC) approving spot Bitcoin Exchange-Traded Funds (ETFs). This expectation has significantly influenced market discussions and social media metrics around Bitcoin. Santiment, a leading on-chain analytics platform, has noted a significant increase in Bitcoin’s social dominance, particularly in short-term periods.There has […]