crypto ira

SEC’s Unauthorized Spot Bitcoin ETF Announcement: A Social Media Blunder

Introduction The U.S. Securities and Exchange Commission (SEC) recently faced a major embarrassment when its official social media account, known as the X account, announced the approval of spot bitcoin exchange-traded funds (ETFs). However, within minutes, SEC Chairman Gary Gensler clarified that the account had been compromised, and the post was unauthorized. This incident has […]

SEC’s Unauthorized Spot Bitcoin ETF Announcement: A Social Media Blunder Read More »

SEC Approves 11 Spot Bitcoin ETFs for U.S. Stock Exchanges

In a groundbreaking move, the U.S. Securities and Exchange Commission (SEC) has given its approval for the listing and trading of 11 spot bitcoin exchange-traded funds (ETFs) on major U.S. stock exchanges. This long-awaited decision comes after years of anticipation and regulatory challenges. The approved spot bitcoin ETFs are set to begin trading on Thursday

SEC Approves 11 Spot Bitcoin ETFs for U.S. Stock Exchanges Read More »

SEC Commissioner Voices Dissent Over Approval of Spot Bitcoin ETFs

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

SEC Commissioner Voices Dissent Over Approval of Spot Bitcoin ETFs Read More »

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

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.

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

Vanguard Doubles Down on Anti-Bitcoin and Anti-Crypto Policy, Blocks Access to Spot Bitcoin ETFs

Vanguard's Anti-Crypto/Bitcoin Policy Intensifies Investing giant Vanguard has reaffirmed its anti-crypto and anti-bitcoin stance by blocking investors from accessing spot bitcoin exchange-traded funds (ETFs) recently approved by the U.S. Securities and Exchange Commission (SEC). Furthermore, Vanguard has announced that it will no longer accept purchases of cryptocurrency products, including bitcoin futures ETFs. This decision has

Vanguard Doubles Down on Anti-Bitcoin and Anti-Crypto Policy, Blocks Access to Spot Bitcoin ETFs Read More »

Tokenized Real-World Assets: A Diversification Strategy for Modern Investors

Despite recently garnering much attention, traditional exchange-traded funds (ETFs), including spot bitcoin ETFs, are still inferior to tokenized real-world assets (RWA), according to Zaid Ismail, the COO at the future-proof blockchain Mintlayer. The Appeal of Tokenized Real-World Assets Zaid Ismail stated that, unlike regular ETFs, trading of tokenized RWAs is not limited to normal working

Tokenized Real-World Assets: A Diversification Strategy for Modern Investors Read More »

Howard Lutnick: Bitcoin to Rally Again with Halving Event, Cantor Fitzgerald CEO Says

Bitcoin's Stable Performance and Anticipated Upswing Howard Lutnick, the CEO of Cantor Fitzgerald, a renowned financial services company, recently shared his insights on bitcoin and tether during his appearance at the World Economic Forum in Davos. Lutnick drew parallels between the current fervor around spot gold exchange-traded funds (ETFs) and the expected trajectory of bitcoin.

Howard Lutnick: Bitcoin to Rally Again with Halving Event, Cantor Fitzgerald CEO Says Read More »

Skybridge Capital Founder Predicts Bitcoin Price to Surge Past $170,000 Next Year

The Bitcoin Halving and Institutional Demand for Spot Bitcoin ETFs to Boost Crypto Price, Says Anthony Scaramucci Skybridge Capital founder Anthony Scaramucci expects the price of bitcoin to surge past $170,000 next year if the cryptocurrency maintains its current level until the halving in April. Scaramucci predicts that the upcoming Bitcoin halving, combined with the

Skybridge Capital Founder Predicts Bitcoin Price to Surge Past $170,000 Next Year Read More »

Which One is Right for You? Roth IRA vs. Roth 401(k) Explained

Self-DirectedGold IRAs are fantastic as they let you make investments in gold and other precious metals without having to work with middlemen. In fact, these accounts are so simple , even your grandmother could use them! If you purchase physical silver, gold, platinum, palladium, and Rhodium bars, coins, rounds, and bullion, you get immediate liquidity.

Which One is Right for You? Roth IRA vs. Roth 401(k) Explained Read More »

The Massive Outflow of Bitcoin from Grayscale’s GBTC: What Does it Mean?

Introduction Over the course of six days in the U.S. market, several newly launched spot bitcoin exchange-traded funds (ETFs), including the revamped GBTC, witnessed a staggering trading volume of $16.53 billion. However, GBTC, which dominated this trade volume, experienced a significant decrease in its bitcoin holdings. In just 24 hours, the trust shed over 14,300

The Massive Outflow of Bitcoin from Grayscale’s GBTC: What Does it Mean? Read More »