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bob wrote a new post
10 months, 2 weeks agoUS House Committee Forms Bipartisan AI Working Group for Finance
The United States House of Representatives Financial Services Committee (FSC) has initiated a working group on artificial intelligence (AI) to delve into the impact of AI on the financial services and housing…
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10 months, 2 weeks agoCathie Wood Raises Bitcoin Price Target to $1.5 Million Post ETF Approval
ARK Invest CEO Cathie Wood has recently updated her Bitcoin price predictions, presenting a bullish scenario of $1.5 million, a significant increase from her previous estimate of $1 million. This optimistic…
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10 months, 2 weeks agoBinance Expands Margin Trading Amidst Solana's 5% Price Drop
Binance, the world’s largest cryptocurrency exchange, has expanded its margin trading offerings with the addition of six new trading pairs. The pairs include SOL/USDC, ARB/FDUSD, and DOCK/USDT as cross-margin p…
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10 months, 2 weeks 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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10 months, 2 weeks 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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10 months, 2 weeks 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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10 months, 2 weeks 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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10 months, 2 weeks 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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10 months, 2 weeks 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, 2 weeks 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, 2 weeks 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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10 months, 2 weeks 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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10 months, 2 weeks 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, 2 weeks 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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10 months, 2 weeks 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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10 months, 2 weeks 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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10 months, 2 weeks 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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10 months, 2 weeks 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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10 months, 2 weeks 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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10 months, 2 weeks 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…
