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), […]
SEC Investigates X Account Breach, Lawmakers Demand Answers Read More »
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
US Spot Bitcoin ETFs Set to Make Historic Debut Tomorrow Read More »
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
Jim Cramer Says Bitcoin is Topping Out, but It’s Here to Stay Read More »
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
Luetkemeyer’s Exit Sets Up Potentially Crypto-Friendly Turn in House Banking Committee Read More »
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
Janet Yellen Declares U.S. Economy Reached ‘Soft Landing’ Scenario Read More »
Introduction Microstrategy's executive chairman, Michael Saylor, has raised concerns about the rise of new bitcoin giveaway scams that involve the use of AI-generated deepfake videos featuring him and his company. Saylor emphasizes that there is no such thing as a free lunch and urges investors to be cautious. Deepfake Videos Targeting Cryptocurrency Investors A growing
Michael Saylor Warns of Deepfake Bitcoin Giveaway Scams Read More »
Circle's USDC, which is typically pegged to the dollar, encountered unexpected volatility on the Binance exchange platform. Its value dropped as low as $0.76 amidst a market that was shaken by skepticism surrounding the approval of a Bitcoin ETF and a significant liquidation in derivatives. USDC Depreciates Temporarily on Binance Amidst Crypto Market Sell-Off In
Bitcoin Obituaries Dwindle in 2023 Bitcoin, the world's most popular cryptocurrency, has faced numerous predictions of its demise over the years. However, the year 2023 saw a significant decline in such "death calls." According to the Bitcoin Obituaries list on 99bitcoins.com, there were only eight declarations of bitcoin's end in 2023, compared to 47 and
Bitcoin’s Resilience in the Face of Declining Death Calls Read More »
Introduction As we enter the new year, it's worth reflecting on gold's performance in 2023. Despite being considered a struggling asset, gold managed to achieve a 13% climb, marking its first annual gain in three years. This unexpected success has left many wondering what lies ahead for gold in 2024. Key Drivers for Gold in
A 13% Climb For ‘Struggling’ Gold, What Now in 2024? Read More »
Peter Schiff Dismisses Spot Bitcoin ETFs Economist and gold bug Peter Schiff has expressed his belief that the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) will have little impact. According to Schiff, there is no real need for a bitcoin ETF since individuals can easily buy and