Custodia Bank Founder Warns of Hidden Risks in Bitcoin ETF Fee Race

Caitlin Long, the founder of Custodia Bank, has expressed concern over the trend of spot Bitcoin Exchange Traded Fund (ETF) issuers in the United States reducing their fees to near zero. On January 8, she advised clients who are considering purchasing these regulated products to be wary of these extremely low fees, suggesting that they […]

SEC Denies Involvement in False Bitcoin ETF Approval Tweet

The United States Securities and Exchange Commission (SEC) has categorically denied that its staff had any part in the recent “unauthorized” tweet claiming that spot Bitcoin ETFs had been approved. Despite this, there are still some in the crypto community who believe otherwise.On January 9, the official account of the SEC tweeted that it had […]

SEC Under Fire for Potential Market Manipulation After Account Breach

United States lawyers and senators are urging Congress to initiate an investigation into the Securities and Exchange Commission (SEC) following a reported compromise of its X account. The account falsely announced the approval of spot Bitcoin exchange-traded funds, causing a stir in the market.U.S. Senator Bill Hagerty voiced his concern over the incident, stating that […]

Valkyrie Executive Foresees Approval of Spot Bitcoin ETF on Wednesday

Steven McClurg, the CIO and co-founder of Valkyrie, has expressed his confidence in the approval of a spot Bitcoin ETF on Wednesday. McClurg has been working diligently on this for the past six weeks and is excited about the potential approval. He is 95% confident that the approval will come after the market closes on […]

Former SEC Chairman Predicts Inevitable Approval of Bitcoin Spot ETFs

As the deadline for the United States Securities and Exchange Commission (SEC) to approve or deny the first Spot Bitcoin ETF in the country approaches, various experts have shared their predictions. Among them is former SEC chairman Jay Clayton, who asserts that the approval of the Spot ETF is inevitable.Clayton recently appeared on CNBC’s ‘Squawk […]

Fake ETF Approval Announcement Triggers $218M Crypto Trade Liquidation

In a shocking turn of events, over $218 million in cryptocurrency trades were liquidated in the past 24 hours. This was triggered by a false government announcement stating that Bitcoin spot ETFs had been approved in the U.S. Coinglass reported that over $56 million in Bitcoin trades were liquidated in just the past hour. The […]

SEC’s Twitter Hacked, Posts False Bitcoin ETF Approval Claim

The U.S. Securities and Exchange Commission (SEC) has reported a breach of its Twitter/X profile, which was used to disseminate a false message about the approval of a Bitcoin Exchange-Traded Fund (ETF). Gary Gensler, the SEC Chair, confirmed the incident, stating that the SEC’s Twitter account was compromised and an unauthorized tweet was posted. He […]

VanEck and WisdomTree Spot Bitcoin ETFs Listed on DTCC Platform

The Depository Trust and Clearing Corporation (DTCC) has officially listed the Spot Bitcoin ETF tickers from investment management firm, VanEck. The firm’s Spot Bitcoin ETF has appeared on the active and pre-launch list of the DTCC and can be identified by the ticker ‘HODL’. This listing positions VanEck as a significant player in the Spot […]

Ethereum ETFs Lose Appeal Amid Potential for Direct Ownership Benefits

Bary Rahman, a distinguished journalist and SEO expert, is a graduate of New York University. She has showcased her investigative skills and storytelling abilities during her tenure with CNN. In addition to her journalistic feats, Bary has also lent her expertise as a content writer for Binance, producing insightful articles on the ever-changing crypto industry. […]

SEC Twitter Account Compromised, False Bitcoin ETF Approval News Spreads

In a surprising development, the cryptocurrency community was thrown into disarray when the official X account of the US Securities and Exchange Commission (SEC), formerly known as Twitter, seemed to be “compromised”. An unauthorized post claimed that the SEC had simultaneously approved all Bitcoin ETF applications.FAKE POST CLAIMS BITCOIN ETF APPROVALSEC Chair Gary Gensler addressed […]