James Seyffart, a research analyst at Bloomberg Intelligence, has expressed skepticism about the likelihood of a spot XRP ETF launching in the United States in 2024. The ongoing lawsuit between Ripple and the US Securities and Exchange Commission (SEC), as well as the lack of regulatory frameworks for XRP, are key factors contributing to this […]
Bitcoin, priced at $46,288, failed to break out of its established range on the day the United States approved its first spot Bitcoin exchange-traded fund (ETF). Despite the price targets for the day focusing on $48,000, Bitcoin remained below this figure. However, exchange statistics reveal that traders and miners were not taking any chances.According to […]
The Securities and Exchange Commission (SEC) has made a landmark decision by approving the listing and trading of Bitcoin spot exchange-traded products (ETPs) and designating Bitcoin and Ripple’s XRP as commodities. This significant regulatory milestone could potentially lead to unprecedented market highs for these digital assets.The SEC’s change in stance comes after it previously rejected […]
BlackRock, the world’s largest asset manager, along with 13 other institutional giants, has received approval from the United States Securities and Exchange Commission (SEC) to launch the first spot Bitcoin exchange-traded funds (ETF) in the United States. The launch took place on January 10, marking BlackRock’s entry into the spot Bitcoin ETF race. This move […]
The crypto space marked a historic moment with the approval of 11 spot Bitcoin Exchange-Traded Funds (ETFs), a development eagerly anticipated since the Winklevoss twins filed for the first proposed Bitcoin ETF back on July 1, 2013. This event coincides with the 15th anniversary of Hal Finney’s tweet “Running Bitcoin,” marking a symbolic milestone in […]
The United States Securities and Exchange Commission (SEC) recently gave the green light to several fund managers to list spot Bitcoin exchange-traded funds (ETFs). Despite this landmark approval, SEC Commissioner Mark Uyeda expressed “strong concerns” about three aspects of the approval order.Although Uyeda voted in favor of the Bitcoin ETF applications, he criticized the Commission’s […]
The U.S. Securities and Exchange Commission (SEC) has given approval to 11 issuers in the Spot Bitcoin ETF frenzy, with Grayscale Investments, the world’s leading crypto asset manager, taking center stage. Grayscale’s achievement was recognized by Coinbase CEO Brian Armstrong and CLO Paul Grewal, who credited the firm for its significant victory in the ETF […]
SEC Commissioner Hester Pierce has lauded the efforts of Grayscale and the U.S. District Court of Appeals in the approval of the Bitcoin spot ETF. This comes after a decade since the first filing, with the SEC finally approving the first Bitcoin spot ETF. However, the chair has clarified that this approval does not equate […]
In a historic move, the US Securities and Exchange Commission (SEC) has approved spot Bitcoin ETFs, marking a significant moment in the financial world. This approval allows investors to directly participate in the cryptocurrency market through exchange-traded funds, providing a more regulated and accessible avenue for BTC investment. The decision has led to a surge […]
The cryptocurrency data aggregator CoinGecko’s X (formerly Twitter) account and terminal were briefly compromised on January 10. The company has assured that it is taking immediate action to investigate the incident and secure the accounts. Users have been cautioned against engaging with suspicious content or clicking on any links.During the brief period of the hack, […]
