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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
The U.S. Commodity Futures Trading Commission (CFTC) has raised concerns about the decentralized finance (DeFi) sector, citing ‘serious risks’ due to a lack of accountability. The regulatory body’s report highlights the potential threats that the absence of transparency and accountability in DeFi protocols could pose to consumer and investor protection, financial stability, and market integrity.DeFi, […]
Solana (SOL), a blockchain platform, has reported significant advancements in its developer ecosystem, demonstrating substantial growth and improved retention rates. The Solana Foundation’s recent report reveals that the platform’s developer community has made notable progress in tooling, developer experience, content quality, and programming language diversity throughout 2023.The Solana Foundation, which fosters the growth of the […]
Expectations are high for the United States Securities and Exchange Commission (SEC) to approve the listing of shares of a spot Bitcoin exchange-traded fund (ETF) on exchanges for the first time by Jan. 10. However, the nature of this approval remains uncertain.Despite positive indications, there is no absolute guarantee that the SEC will approve a […]
