Author name: Peter

Former SEC Official Warns Against Spot Bitcoin ETFs as Recipe for Financial Ruin

Spot Bitcoin ETFs: A Recipe for Disaster Former head of internet enforcement at the U.S. Securities and Exchange Commission (SEC), John Reed Stark, has come out with a scathing critique of spot bitcoin exchange-traded funds (ETFs). These ETFs, which the SEC is expected to approve on Wednesday, have drawn criticism from Stark, who described them

Former SEC Official Warns Against Spot Bitcoin ETFs as Recipe for Financial Ruin Read More »

Luetkemeyer’s Exit Sets Up Potentially Crypto-Friendly Turn in House Banking Committee

With the retirement of Rep. Blaine Luetkemeyer (R-Mo.) at the end of 2024, there is a possibility for a more favorable approach towards cryptocurrency regulation in the House Financial Services Committee. Rep. French Hill (R-Ark.) is likely to take the lead in this new era. Shift in House Financial Services Committee Leadership Could Lead to

Luetkemeyer’s Exit Sets Up Potentially Crypto-Friendly Turn in House Banking Committee Read More »

SEC Chairman Gary Gensler Issues Warnings About Crypto Investing

Concerns Raised by Gary Gensler The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, recently expressed concerns regarding investing in crypto assets. In a series of posts on the social media platform X, Gensler highlighted the potential risks and lack of regulatory compliance in the crypto industry. These warnings come at a

SEC Chairman Gary Gensler Issues Warnings About Crypto Investing Read More »

SEC Expected to Approve Spot Bitcoin ETFs, Creating Potential Trading Wave

Spot Bitcoin ETFs Await SEC Approval On Monday, the U.S. Securities and Exchange Commission (SEC) received final amendments from 10 applicants vying for spot bitcoin exchange-traded funds (ETFs). The deadline for submission was 8 a.m., and the news of potential approvals sent the price of BTC surging past $47,000. Anticipation Builds for Potential Approvals According

SEC Expected to Approve Spot Bitcoin ETFs, Creating Potential Trading Wave Read More »

Spot Bitcoin ETF Approvals Could Drive Bitcoin Price Higher, Says Ark Invest CEO

Introduction Cathie Wood, the CEO of Ark Investment Management, is optimistic about the potential approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). In an interview with CNBC, Wood expressed her belief that the approval of these ETFs could have a significant impact on the price of bitcoin, attracting

Spot Bitcoin ETF Approvals Could Drive Bitcoin Price Higher, Says Ark Invest CEO Read More »

Janet Yellen Declares U.S. Economy Reached ‘Soft Landing’ Scenario

Janet Yellen's Optimistic View on the U.S. Economy Janet Yellen, U.S. Treasury Secretary and former Chairman of the U.S. Federal Reserve, believes that the recent improvements in the American economy show that the country has achieved a soft landing. For Yellen, the recent low figures of inflation and the strength of the labor market are

Janet Yellen Declares U.S. Economy Reached ‘Soft Landing’ Scenario Read More »

Goldco vs. Augusta Precious Metals: A Comprehensive Comparison

Introduction When it comes to choosing a gold IRA company, Goldco and Augusta Precious Metals are two leading contenders. Both companies have established themselves as reliable and trustworthy players in the industry. However, there are some key differences between them that might influence your decision. In this article, we will delve into the details and

Goldco vs. Augusta Precious Metals: A Comprehensive Comparison Read More »

Former Bitmex CEO Arthur Hayes Warns of Potential 30% Correction in Bitcoin Market

In a recent Medium post, former Bitmex CEO Arthur Hayes shared his bitcoin price forecast and highlighted the potential impact of spot bitcoin exchange-traded funds (ETFs) on the market. Hayes cautioned that a 30% to 40% correction could occur due to a dollar liquidity "rug pull," especially if U.S.-listed spot bitcoin ETFs have already begun

Former Bitmex CEO Arthur Hayes Warns of Potential 30% Correction in Bitcoin Market Read More »