Author name: Peter

Bitcoin ETF Approvals and the Market’s Attention on Spot Ether ETFs

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The SEC's Approval of Spot Bitcoin ETFs The recent approval of spot bitcoin exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC) has marked a significant milestone in cryptocurrency regulation. However, what has caught the market's attention is the price rally of ethereum (ETH) following this approval. As a result, investors and […]

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SEC Commissioner Voices Dissent Over Approval of Spot Bitcoin ETFs

crypto ira /

Introduction SEC Commissioner Caroline A. Crenshaw has expressed her dissent against the commission's approval of spot bitcoin ETFs, citing concerns over market manipulation, concentration of bitcoin ownership, and inadequate regulatory measures to protect investors. Crenshaw Critiques Spot Bitcoin ETF Approval Commissioner Caroline A. Crenshaw has released a letter voicing her dissent following the SEC's mass

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The U.S. SEC’s Approval of Bitcoin ETFs Enables Mass Marketing of Fraudulent Financial Products, Says Nonprofit Organization

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A nonprofit organization, Better Markets, has expressed dismay at the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Better Markets argues that the SEC's decision has allowed for the mass marketing of a financial product that is worthless, volatile, and filled with fraud. The organization believes that bitcoin

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The Future of Bitcoin: AI Chatbots Predict Price Ranging from $40K to $85K by 2024

crypto ira /

Introduction In November 2023, six unique AI-driven chatbots were queried to forecast the value of bitcoin by year-end, with their projections spanning from $15,000 to $45,000 per bitcoin. As of the initial week of January 2024, bitcoin's trading value reached $47,000, coinciding with the approval of 11 spot bitcoin exchange-traded funds (ETFs) in the U.S.

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Coinshares Expands Presence in the US with Acquisition of Valkyrie and Its ETFs

gold ira /

Coinshares International Limited has announced its acquisition of Valkyrie Funds LLC, a digital asset manager based in the United States. This move comes shortly after Valkyrie's spot bitcoin exchange-traded fund (ETF) received regulatory approval. The acquisition of Valkyrie, which includes their existing exchange-traded products such as the Valkyrie Bitcoin Fund (BRRR), the Bitcoin and Ether

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Senator Elizabeth Warren Criticizes SEC’s Approval of Spot Bitcoin ETFs

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U.S. Senator Elizabeth Warren Disapproves SEC's Decision U.S. Senator Elizabeth Warren has expressed her strong disapproval of the U.S. Securities and Exchange Commission (SEC) for approving spot bitcoin exchange-traded funds (ETFs). She firmly believes that the securities regulator has made a mistake both legally and in terms of policy in granting approval for the bitcoin

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GBTC’s Closing NAV Discount and Steep Fees Trigger Outflows, ETF Analyst Expects ‘More Over Time’

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Last week, the U.S. Securities and Exchange Commission (SEC) approved the launch of 11 diverse spot bitcoin exchange-traded funds (ETFs). These ETFs generated a significant trading volume of $7.65 billion within their initial two days on the market. While many of these new funds experienced strong inflows, Grayscale's GBTC faced notable outflows. This coincided with

GBTC’s Closing NAV Discount and Steep Fees Trigger Outflows, ETF Analyst Expects ‘More Over Time’ Read More »

Declining Crypto Stock Performance Raises Concerns in the Market

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Bitcoin ETFs and Publicly-Listed Crypto Companies Face Losses While spot bitcoin exchange-traded funds (ETFs) saw significant trading activity on Thursday and Friday, publicly-listed crypto companies experienced a different outcome. Several equities witnessed substantial losses when the market closed on Friday. For instance, Marathon Digital Holdings' shares plummeted by over 15%, while Coinbase Global's stock registered

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The Non-Fungible Token (NFT) Market Sees $311 Million in Weekly Sales

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Bitcoin NFT Sales Outperforming Other Blockchain Networks In the past week, the non-fungible token (NFT) market recorded sales totaling $311.31 million, representing a slight increase of 0.05% compared to the previous week. However, NFT sales on the Bitcoin blockchain experienced a decrease of 19.12% from the previous week. Weekly NFT Sales Data Data from cryptoslam.io

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