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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

U.S. Securities and Exchange Commission (SEC) Engages in Discussions with Major Exchanges The U.S. Securities and Exchange Commission (SEC) has reportedly held meetings with officials from major exchanges, such as the New York Stock Exchange (NYSE), Nasdaq, and Chicago Board Options Exchange (CBOE), to discuss spot bitcoin exchange-traded funds (ETFs). These discussions involved SEC staff

BTC Poised for Breakout in Early 2024 The anticipated approval of spot bitcoin exchange-traded funds (ETFs) applications by the U.S. Securities and Exchange Commission (SEC) is predicted to propel the price of the top crypto asset to $50,000 in January, according to the latest market preview by Matrixport. The crypto financial services platform also expects

FDUSD's Impressive Growth and Market Value Recent data reveals that the market capitalization of the newly introduced stablecoin, first digital usd (FDUSD), is rapidly approaching the $1 billion mark. Since its inception on August 4, 2023, FDUSD has experienced an astounding 253% increase in supply, positioning it as one of the most promising USD-pegged tokens