Investment expert Linda P. Jones has provided insight into the ongoing legal battle between Ripple and the SEC. Talks of a potential settlement have emerged after the SEC dropped charges against Ripple executives Brad Garlinghouse and Chris Larsen. Jones believes that Ripple has the upper hand in negotiations with the SEC, stating that they can […]
Coinbase’s Chief Legal Officer, Paul Grewal, is optimistic about the approval of a Spot Bitcoin Exchange Traded Fund (ETF) by the United States Securities and Exchange Commission (SEC). In an interview with CNBC, Grewal expressed confidence that the SEC will approve Bitcoin ETF applications because they should be granted under the law. He believes that […]
The potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States is generating excitement among investors, as reflected in the surge of Google searches for this innovative financial instrument. The increased interest from the general public and retail investors highlights the growing anticipation surrounding the potential launch of a spot Bitcoin ETF […]
Coinbase’s Chief Legal Officer, Paul Grewal, is confident that a U.S. Bitcoin exchange-traded fund (ETF) will be approved soon after the Securities and Exchange Commission (SEC) suffered a legal setback. A judge ruled that the SEC had no valid reason to reject Grayscale’s request to convert its GBTC bitcoin fund into an ETF, and the […]
Canadian asset manager 3iQ has announced that its Ethereum-based exchange-traded funds (ETFs), The Ether Fund and the 3iQ Ether Fund, will begin staking their ETH holdings for rewards. The move is aimed at providing investors with additional yield generated by dedicated validators on the Ethereum network’s Proof of Stake (PoS) consensus mechanism. By staking their […]
Grayscale Investments has taken a significant step towards gaining approval for a US spot Bitcoin exchange-traded fund (ETF). The company has filed an S-3 registration statement with the US Securities and Exchange Commission (SEC) to register shares of its Grayscale Bitcoin Trust (GBTC). This move indicates Grayscale’s intention to list the shares on NYSE Arca […]
Former SEC Chair Jay Clayton believes that the approval of a spot Bitcoin ETF by the Securities and Exchange Commission (SEC) is inevitable. Clayton stated that there is high demand for Bitcoin investments from both retail and institutional investors. Institutional players are eager to gain access to Bitcoin, and trusted providers want to offer this […]
Tesla has confirmed its commitment to its Bitcoin holdings in its Q3 2023 financial report, despite facing financial challenges. The company maintained its position, holding approximately 9,720 BTC worth over $275 million. This marks the fifth consecutive quarter that Tesla has refrained from selling its cryptocurrency assets. Tesla’s initial investment in Bitcoin in 2021 sparked […]
Popular crypto-related YouTube channels can provide valuable insights into retail investor sentiment and upcoming market trends, according to Delphi, a research firm. By tracking changes in viewership and subscriber numbers of these channels, investors can potentially gauge market sentiment and anticipate future trends. This approach suggests that YouTube channels can be used as a tool […]
Tesla reported its Q3 2023 results, revealing that it has not made any changes to its Bitcoin holdings for the fifth consecutive quarter. The electric vehicle manufacturer currently holds $184 million worth of digital assets, a portion of the $1.5 billion worth of Bitcoin it acquired in March 2021. Despite not buying or selling any […]
