Rootoshi
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10 months, 2 weeks agoSEC Approves First Bitcoin-Tracking ETFs, Igniting Market Competition
In a landmark decision, the U.S. Securities and Exchange Commission (SEC), under the leadership of Chair Gary Gensler, has approved the country’s first Bitcoin-tracking exchange-traded funds (ETFs). This move is a…
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10 months, 2 weeks agoCelsius Network Customers Face Legal Action Amid Bankruptcy Proceedings
In a surprising turn of events, customers of the bankrupt crypto lender, Celsius Network, are now facing legal action from bankruptcy managers. This follows substantial withdrawals made within 90 days before the…
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10 months, 2 weeks agoEthereum's 'Ultrasound Money' Narrative: Overstated or Sustainable?
The term “ultrasound money” has been frequently used within the Ethereum (ETH) community, often to describe the network’s potential to become a deflationary asset with superior tokenomics to Bitcoin (BTC). This…
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10 months, 2 weeks agoSEC Approves 11 Bitcoin ETFs, BlackRock Predicted to Attract $2 Billion
The Securities and Exchange Commission (SEC) has recently approved 11 Bitcoin ETFs, a significant development in the cryptocurrency sector. This regulatory milestone allows for the listing and trading of these spot…
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bob wrote a new post
10 months, 2 weeks agoSEC Approves 11 Bitcoin ETFs, BlackRock Predicted to Break Records
The Securities and Exchange Commission (SEC) has recently approved 11 Bitcoin ETFs, marking a significant development in the cryptocurrency sector. This regulatory milestone allows for the listing and trading of…
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bob wrote a new post
10 months, 2 weeks agoBitcoin's Muted Response to ETF Approval as Ethereum Surges
In a significant development, the U.S. Securities and Exchange Commission (SEC) has given the green light to 11 spot bitcoin exchange-traded funds (ETFs), a decision eagerly awaited by cryptocurrency enthusiasts.…
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10 months, 2 weeks agoTurkey Nears Completion of Crypto Regulations for Financial Security
Turkey’s Finance Minister, Mehmet Simsek, has announced that the country’s cryptocurrency regulations are nearing completion. This is a significant move towards creating a regulated environment for cry…
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10 months, 2 weeks agoSEC Approves 11 Spot Bitcoin ETF Applications Following Grayscale Appeal
Spot Bitcoin exchange-traded funds (ETF) could have faced an unfavorable outcome if not for the Grayscale appeal last year, according to SEC Commissioner Hester ‘Crypto Mom’ Peirce. In a statement on Jan.10, Pei…
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10 months, 2 weeks agoBitcoin Stabilizes, Ether Soars Following SEC's Approval of Bitcoin ETFs
Bitcoin remained steady late Wednesday after the Securities and Exchange Commission (SEC) approved the first-ever spot bitcoin ETFs to trade in the U.S. The cryptocurrency managed to recover from earlier losses and…
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10 months, 2 weeks agoSEC Commissioner Clarifies Approved Bitcoin Products as ETPs, Not ETFs
In a recent development, a dissenting commissioner from the U.S. Securities and Exchange Commission (SEC) has clarified that the agency has approved spot Bitcoin Exchange-Traded Products (ETPs), not Exchange-Traded…
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10 months, 2 weeks agoPhoenix Group Invests $187M in Bitmain Bitcoin Mining Rigs
Phoenix Group, a crypto mining firm based in Abu Dhabi, has announced its plan to buy $187 million worth of new Bitcoin mining rigs from Bitmain Technologies. This move is part of a series of steps to expand their…
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bob wrote a new post
10 months, 2 weeks agoPhoenix Group Invests $187M in Bitmain Bitcoin Mining Rigs
Phoenix Group, a crypto mining firm based in Abu Dhabi, has announced its plan to buy $187 million worth of new Bitcoin mining rigs from Bitmain Technologies. This move is part of a series of expansions to their…
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bob wrote a new post
10 months, 2 weeks agoECB Rejects Bitcoin, Prioritizes Development of Digital Euro
The European Central Bank (ECB) has adopted a cautious stance towards Bitcoin, with ECB Executive Director Isabel Schnabel stating unequivocally that the bank has no intention of purchasing the cryptocurrency.…
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10 months, 2 weeks agoECB Rejects Bitcoin, Focuses on Launching Digital Euro by 2026
The European Central Bank (ECB) has adopted a cautious stance towards Bitcoin, with ECB Executive Director Isabel Schnabel stating unequivocally that the bank has no intention of purchasing the cryptocurrency.…
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10 months, 2 weeks agoPayPal Incentivizes PYUSD Liquidity on Curve Finance, Boosting DeFi
In a significant development, PayPal, the renowned payment processor, has taken a step forward in promoting decentralized finance (DeFi) protocols by incentivizing PYUSD liquidity on Curve Finance, the world’s l…
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10 months, 2 weeks agoEl Salvador's Bitcoin Investment Yields Multi-Million Dollar Profits
El Salvador is witnessing substantial profits from its Bitcoin investment due to the recent surge in the cryptocurrency’s value. The Central American nation, which took the bold step of adopting Bitcoin as a l…
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10 months, 2 weeks agoSEC Approves Spot Bitcoin ETFs, Ushering New Era in Crypto Investment
In a significant shift in cryptocurrency trading, the Securities and Exchange Commission (SEC) has approved the trading and listing of shares of spot Bitcoin exchange-traded products (ETPs). The SEC chairman, Gary…
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10 months, 2 weeks agoGeorgia Representative Mike Collins Increases Ethereum Investments Amid Market Rise
Georgia’s Representative, Mike Collins, has made significant investments in the popular cryptocurrency, Ethereum. Recent financial report documents submitted to the U.S. House of Representatives reveal that C…
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10 months, 2 weeks agoSpot Bitcoin ETFs Set to Trade Following SEC Approval
Spot Bitcoin BTC is currently valued at $47,435. According to James Seyffart, a Bloomberg ETF analyst, exchange-traded funds (ETFs) are set to begin trading on Jan. 11, following the SEC’s approval of 11 spot B…
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10 months, 2 weeks agoXRP Whales Stir Speculation with Movement of Over 63 Million Tokens
Recent on-chain data has revealed that XRP Whales have moved a significant portion of their holdings in the last 24 hours, causing speculation within the XRP community. Over 63 million XRP tokens have been moved in…
