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Gamestop's Decision to Shut Down the NFT Marketplace In a prominent announcement on the Gamestop non-fungible token (NFT) marketplace, the company has revealed its intention to close the platform on February 2, 2024. This means that users of the Gamestop NFT market will no longer be able to buy, sell, or create NFTs. The Pause […]

Kevin O’Leary Won’t Invest in Spot Bitcoin ETFs Kevin O’Leary, also known as Mr. Wonderful, recently expressed his views on spot bitcoin exchange-traded funds (ETFs) in an interview with Fox Business. As an investor on Shark Tank and the chairman of O’shares Investments and O’Leary Ventures, O’Leary was asked to provide advice on investing in

Altcoins Ascend as Index Points to Season’s Entry In early December 2023, cryptocurrency enthusiasts were eagerly awaiting the arrival of the altcoin season. Bitcoin.com News reported on this topic, referring to the Altcoin Season Index from blockchaincenter.net, which had a rating of 47 out of 100. At that time, the index indicated that it wasn't

Blackrock's Spot Bitcoin ETF Acquires 11,439 BTC Blackrock's spot bitcoin exchange-traded fund (ETF) has recently obtained 11,439 bitcoin, valued at approximately $500 million. This impressive acquisition occurred within just two days of trading on the Nasdaq stock exchange. The Ishares Bitcoin Trust, managed by Blackrock, was one of the 11 spot bitcoin ETFs approved by

Vanguard's Stance on Spot Bitcoin ETFs Several investment firms, including Vanguard, have made the decision to block customers from trading spot bitcoin exchange-traded funds (ETFs). Vanguard, a leading investment firm, explained that these products do not align with their focus on asset classes such as equities, bonds, and cash. As a result, customers who were

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),

US Spot Bitcoin ETFs to Debut on Thursday The long-awaited U.S. spot bitcoin exchange-traded funds (ETFs) will finally commence trading. The Securities and Exchange Commission (SEC) approved 11 spot bitcoin ETFs on Wednesday to be listed and traded on the NYSE Arca exchange, the Nasdaq stock exchange, and the Cboe BZX Exchange. The three exchanges

Cramer's View on Bitcoin Jim Cramer, the host of CNBC's Mad Money show, recently expressed his opinion on bitcoin. He acknowledged that bitcoin is a technological marvel that cannot be killed and emphasized that people need to recognize that it's here to stay. However, he also stated that he believes bitcoin is topping out. Crypto

With the retirement of Rep. Blaine Luetkemeyer (R-Mo.) at the end of 2024, there is a possibility for a more favorable approach towards cryptocurrency regulation in the House Financial Services Committee. Rep. French Hill (R-Ark.) is likely to take the lead in this new era. Shift in House Financial Services Committee Leadership Could Lead to

Janet Yellen's Optimistic View on the U.S. Economy Janet Yellen, U.S. Treasury Secretary and former Chairman of the U.S. Federal Reserve, believes that the recent improvements in the American economy show that the country has achieved a soft landing. For Yellen, the recent low figures of inflation and the strength of the labor market are