Author name: Peter

Bitcoin Reaches $49K High Before Dropping, as ETFs Record $2.3B in Trades by Mid-Day

Bitcoin's Volatile Trading Day On January 11, 2024, at 11 a.m. Eastern Time (ET), the newly launched spot bitcoin exchange-traded funds (ETFs) made a significant impact with a trading volume of $2.3 billion. However, the afternoon brought a dramatic turn of events as bitcoin's spot markets experienced a steep decline, causing prices to fall below […]

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U.S. Spot Bitcoin ETFs Generate $4.6 Billion in Trading Volume on Debut

On their first day of trading, U.S. spot bitcoin exchange-traded funds (ETFs) made a significant impact, accumulating a total trading volume of $4.6 billion. This marked a monumental milestone in ETF history, as it surpassed all previous Day One trading records. The launch of these ETFs garnered substantial interest from investors, with Blackrock's Ishares Bitcoin

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Warren Davidson Rejects U.S. Treasury’s Policy Suggestions on Crypto Assets

The Rejection of U.S. Treasury's Policy Suggestions Warren Davidson, Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Inclusion of the House Financial Services Committee, has rejected the policies presented by the U.S. Treasury to regulate crypto assets. In a recent opinion post titled "Setting the record straight and debunking unworkable illicit finance

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What is an IRA, a Roth IRA, a Traditional IRA and How are They Different?

Self-Directed Gold IRAs are fantastic because they allow you to place your money in the precious metals without needing to go through any middlemen. These accounts are so simple that even your grandmother could use them! When you purchase physical silver, gold, palladium, platinum, rhodium coins, bars, rounds, and bullion, you get immediate liquidity. However,

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Robert Kiyosaki Buys More Bitcoin Following SEC Approval of ETFs

Rich Dad Poor Dad Author Expands His Bitcoin Holdings Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, has announced that he has purchased additional bitcoin following the approval of 11 spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Kiyosaki, who is known for his concerns about

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SEC Investigates X Account Breach, Lawmakers Demand Answers

Lawmakers Call for Briefing on SEC's Compromised X Account Four U.S. lawmakers have written a letter to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, demanding a briefing on the SEC's compromised X account. The account was breached, leading to a false tweet on January 9 announcing the approval of bitcoin exchange-traded funds (ETFs),

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Spot Bitcoin ETFs Wage Fee War as Bitwise Charts Unique Path

Spot Bitcoin ETFs Gear Up for Fierce Competition With Low Fees, Teaser Rates, and More In the race to dominate the emerging spot Bitcoin ETF market, financial giants like Blackrock and Invesco/Galaxy are taking strategic steps to attract investors. They are unveiling aggressive fee cuts and competitive fee structures, signaling the intensifying competition. Blackrock and

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Don’t make this critical mistake when it comes to your Roth IRA! 🤯 #shorts

Self-Directed Gold IRAs are great as they let you invest in precious metals without having to deal with any middlemen. They are so simple that even your grandmother could manage it! If you purchase physical silver, gold, palladium, platinum, Rhodium bars, coins, rounds, and bullion, you’ll get instant liquidity. However, if you wish diversify your

Don’t make this critical mistake when it comes to your Roth IRA! 🤯 #shorts Read More »