Author name: Peter

Former SEC Chair Predicts Inevitable Approval of Spot Bitcoin ETF

A Bold Declaration by Former SEC Chair A bold statement has emerged from a former U.S. Securities and Exchange Commission (SEC) Chair Jay Clayton, suggesting that the approval of a Spot Bitcoin Exchange-Traded Fund (ETF) is inevitable, stating that "there's nothing left to decide" in an interview with CNBC today. An Imminent Breakthrough in Regulatory […]

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Bitcoin’s Market Cap Surpasses Meta as it Soars Past $47K Amid ETF Speculation and Intense Trading

Bitcoin, the leading cryptocurrency, broke through the $47K mark on Monday, driven by increased anticipation surrounding the potential launch of a U.S. spot bitcoin exchange-traded fund (ETF). Starting the day at $43,247 per unit, Bitcoin reached a peak of $47,281 by 2:10 p.m. Eastern Time (ET). Bitcoin Rally Crosses the $47K Milestone During Monday afternoon,

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South Korea Aims to Tighten Crypto Regulations with Proposed Credit Card Ban

Introduction Amidst a national surge in crypto trading, the South Korean Financial Services Commission (FSC) is proposing a significant change to their credit finance laws. This change could potentially bar citizens from using credit cards in cryptocurrency transactions. The FSC aims to tighten regulations on the local cryptocurrency market and address concerns about money laundering

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The Crypto App: Empowering Crypto Traders and Investors

The Crypto App is a revolutionary all-in-one platform that caters to the needs of crypto traders and investors. With its comprehensive suite of tools and features, this powerful application enables users to gain a deeper understanding of crypto markets, implement data-driven trading strategies, and effectively manage risks. Whether you're a beginner or an experienced trader,

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Koree Raises $200,000 in Pre-Seed Funding to Launch Rewards Marketplace

Introduction Koree, a fintech startup based in Cameroon, has recently secured $200,000 in pre-seed funding. The funding round was led by Tunde Akinnuwa, co-founder of Duplo, a Nigerian payments company. Koree plans to use the funds to launch a marketplace that rewards users for their purchases. Expanding Merchant Network and Customer Base Koree aims to

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Brian’s Big Bags: Custodial Risk and the Future of Bitcoin ETFs

The Role of Coinbase in Bitcoin Spot ETFs As the approval of the Bitcoin Spot ETF draws near, it raises questions about who will be holding the bags and coins in the banking cartel. While Twitter is abuzz with self-proclaimed ETF experts discussing punctuation changes in applications, Coinbase has quietly positioned itself as a custodian

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Prospera Adopts Bitcoin as Unit of Account: Paving the Way for a Bitcoin Circular Economy

The First Step towards a Bitcoin-Based Economy The city of Propera in Honduras has recently made a groundbreaking decision by adopting bitcoin as a unit of account. This means that companies in the city can now determine their prices and pay taxes using bitcoin. The move has created an opportunity for the development of a

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