featrued

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 […]

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

Understanding the Regulatory Approval In the midst of the excitement surrounding the recent approval of spot bitcoin exchange-traded funds (ETFs), U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler took the opportunity to clarify the regulator's stance on bitcoin and cryptocurrency. While the approval of spot bitcoin ETFs may have created a positive buzz, Gensler

The U.S. Securities and Exchange Commission (SEC) made a groundbreaking decision by approving 11 spot bitcoin exchange-traded funds (ETFs), which had been eagerly anticipated by crypto enthusiasts. Despite this major regulatory milestone, the price of bitcoin remained stagnant over the past 24 hours. In contrast, ethereum experienced a significant rally, surging by 9.1% on Wednesday

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

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

Self-Directed Gold IRAs are fantastic because they allow you to put money into precious metals without having to deal with any middlemen. They are so simple that your grandma could do it! When you purchase physical gold, silver palladium, platinum and Rhodium bars, coins, rounds and bullion, you will receive instant liquidity. If you’re looking

A group of former Citigroup executives has unveiled a groundbreaking product known as bitcoin depository receipts. This innovative crypto offering does not require registration with the U.S. Securities and Exchange Commission (SEC). It aims to complement the forthcoming approval of spot bitcoin exchange-traded funds (ETFs) by the securities regulator. Introducing Receipts Depositary Corporation (RDC) Receipts

Celsius Network's Decision to Unstake Ethereum The cryptocurrency lender Celsius Network, which recently filed for Chapter 11 bankruptcy protection, has announced its plan to unstake a significant amount of ethereum (ETH). The company aims to use the unstaked funds to facilitate the distribution of assets to its creditors as part of its ongoing efforts to

Introduction Kevin O’Leary, the renowned Shark Tank investor also known as Mr. Wonderful, remains confident that institutional interest in cryptocurrency and bitcoin will continue to thrive regardless of the U.S. Securities and Exchange Commission (SEC)'s decision on spot bitcoin exchange-traded funds (ETFs). O'Leary emphasizes that even if the SEC decides against approving a spot bitcoin