Better Markets, a non-profit, non-partisan organization, has taken a firm stance against Bitcoin Exchange Traded Funds (ETFs). The organization, known for advocating strict financial regulations, has sent a letter to the Securities and Exchange Commission (SEC) expressing their concerns about the potential risks these financial products could pose to U.S. investors and retirees.Dennis M. Kelleher, […]
The U.S. Securities and Exchange Commission (SEC) is reportedly on the brink of approving the first cash Bitcoin Exchange-Traded Funds (ETFs), according to Eric Balchunas, a senior ETF analyst at Bloomberg. Balchunas has revealed that the SEC is currently providing final comments to issuers on their applications, with many applicants such as Fidelity, BlackRock, and […]
The U.S. Securities and Exchange Commission (SEC) is reportedly on the brink of approving the first cash Bitcoin Exchange-Traded Funds (ETFs), according to Eric Balchunas, a senior ETF analyst at Bloomberg. This development could potentially trigger a significant surge in the cryptocurrency market, with Bitcoin leading the charge.As Balchunas reveals, the SEC is currently providing […]
BlackRock, the renowned asset management giant, is on the brink of a significant breakthrough in the cryptocurrency market. The company is eagerly awaiting the Securities and Exchange Commission’s (SEC) approval for its Bitcoin cash Exchange-Traded Fund (ETF). This development could potentially revolutionize the crypto market, allowing investors to directly engage with the daily price fluctuations […]
BlackRock, the renowned asset management giant, is on the brink of a significant breakthrough in the cryptocurrency market. The company is eagerly awaiting the Securities and Exchange Commission’s (SEC) approval for its Bitcoin cash Exchange-Traded Fund (ETF). This development could potentially revolutionize the crypto market, especially at a time when BlackRock is also planning to […]
A court hearing has been scheduled for January 11 in the ongoing legal dispute between Ripple and a group of XRP investors. The case, led by Vladi Zakinov, accuses Ripple of selling XRP as an unregistered security. The outcome of this case could set a significant precedent for the crypto industry and potentially lead to […]
Just 39% of financial advisors believe that the US Securities and Exchange Commission (SEC) will approve a spot Bitcoin ETF this year, according to a recent survey. This skepticism is largely due to the SEC’s historically cautious approach to cryptocurrency-related matters.The survey, conducted by Bitwise and VettaFi, revealed a pessimistic outlook among financial advisors regarding […]
The question of whether the U.S. will approve its first spot Bitcoin ETF this month has divided opinions. While some are optimistic about an imminent approval, others, like Perianne Boring, the visionary behind Digital Chamber, suggest that the wait may be longer than expected.Recently, the cryptocurrency community has been closely monitoring developments related to the […]
Bitcoin and other major cryptocurrencies such as ethereum, XRP, and solana have surged into 2024 amid concerns over the future of U.S. dollar dominance. This comes after the bitcoin price rebounded last year following its 2022 crash, pushing the combined ethereum, XRP, solana, and crypto market back above $1.6 trillion for the first time since […]
Crypto exchange Coinbase has announced plans to launch crypto-linked derivatives in the European Union (EU). The US-based exchange is set to acquire a holding company with a MiFID II license, which will enable it to offer regulated derivatives in the EU. This move is part of Coinbase’s global expansion strategy, with the exchange currently only […]
