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Ark Invest Sees Increased Probability of Bitcoin Reaching $1.5 Million Cathie Wood, the CEO of Ark Investment Management (Ark Invest), is standing firm in her optimistic bitcoin price predictions, now with an even higher probability of the cryptocurrency soaring to $1.5 million per coin. Wood's confidence has been bolstered by the recent approval of 11 […]

SEC Commissioner Hester Peirce Slams Agency for Delay in Approving Spot Bitcoin ETFs U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has strongly criticized her agency for the delay in approving spot bitcoin exchange-traded funds (ETFs). According to Peirce, the arbitrary and capricious treatment of applications in this area will have a negative impact

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

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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Renowned Author Stands Firm on Bitcoin Price Prediction Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad, has once again reiterated his prediction that the price of bitcoin will reach $150,000 in the near future. Kiyosaki, who co-authored the book with Sharon Lechter in 1997, has enjoyed tremendous success with over 32

New Analysis from Coinbase Analyzes Bitcoin's Halving and Ethereum's Cancun Upgrade Coinbase, in collaboration with Glassnode, has released a comprehensive report titled "Q1 2024 Guide to Crypto Markets" that delves into the market trends and metrics of two of the leading cryptocurrencies, bitcoin and ethereum. This report sheds light on key events that are expected

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

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

The U.S. Securities and Exchange Commission (SEC) has issued a warning to investors regarding the fear of missing out (FOMO). The SEC emphasizes that just because others are investing in a particular opportunity, it doesn't mean it's the right choice for everyone. This warning comes amidst the growing interest in online investing, digital assets, and