Robinhood, the commission-free trading platform, has announced that it will offer its retail customers access to all 11 spot Bitcoin ETFs that were recently approved for trading. This move comes just a day after the U.S. Securities and Exchange Commission (SEC) approved the ETFs, indicating that Robinhood was already preparing for this development.The company has […]
FTX clients have appealed to a U.S. bankruptcy judge to stop the now-defunct crypto exchange from determining the value of their cryptocurrency deposits based on 2022 prices. The clients argue that this method is preventing them from benefiting from the recent surge in crypto prices.The Official Committee of Unsecured Creditors, in support of the Debtors’ […]
Senator Elizabeth Warren has publicly criticized the Securities and Exchange Commission (SEC) for its decision to approve the spot Bitcoin ETFs. She expressed her dissent on X (formerly Twitter), stating that the SEC was “wrong on the law” and “wrong on the policy” regarding the approval. In response to the SEC’s decision, she called for […]
The Securities and Exchange Commission (SEC) has given the green light to the first spot Bitcoin exchange-traded funds (ETFs) in the United States. This move is seen by Web3 professionals as a potential boost to the nonfungible tokens (NFTs) sub-crypto ecosystem, which has been experiencing a downturn.Bill Qian, chairman of Cypher Capital, a crypto investment […]
In a historic event, Grayscale, BlackRock, and Fidelity have led the debut of Bitcoin ETFs in the U.S., marking a significant step in integrating cryptocurrency with traditional financial markets. The launch saw a record-breaking $4 billion trading volume on the first day, reflecting robust investor confidence.Senior ETF Analyst, Eric Balchunas, highlighted the extraordinary level of […]
Cathie Wood, the CEO of ARK Invest, has made waves in the cryptocurrency market by revising her Bitcoin price predictions upward. This comes in response to the SEC’s recent approval of spot ETFs. Known for her bullish stance, Wood now predicts that the digital asset could potentially reach $1.5 million by 2030, surpassing her previous […]
Bitcoin enthusiasts have a new reason to be optimistic. Samson Mow, a well-known figure and former CSO at Blockstream, has made a bold prediction for the future of Bitcoin. He foresees a massive price increase, which he has dubbed the “Omega Candle,” that could see Bitcoin reach a value of $1 million per coin. This […]
The United States Securities and Exchange Commission (SEC) has intensified its demands in the ongoing XRP lawsuit against Ripple Labs Inc. On January 11, 2024, the SEC filed a motion in the Southern District of New York, requesting Ripple to produce two specific categories of documents.The first demand is for Ripple’s financial statements for the […]
In a landmark decision, the US Securities and Exchange Commission (SEC) has approved all 11 Bitcoin ETF applicants, marking a significant milestone for the cryptocurrency industry. This move is expected to bring about a new era of inflows, institutional investments, and regulatory clarity, potentially reshaping the entire crypto market landscape.Market analyst Michael Van de Poppe […]
The United States has made a significant breakthrough in the world of cryptocurrency by approving the trading of Bitcoin Exchange Traded Funds (ETFs). This historic moment marks the birth of a new asset class, making Bitcoin more accessible and affordable to trade than ever before. The cryptocurrency industry views this as a major victory after […]
