Bitcoin News / Bitcoin.com - 2 years ago
The leading cryptocurrency, bitcoin, has remained within a limited price range since yesterday. This followed yesterday’s quick surge to the $49K level, which then declined in the early trading hours of Thursday. Although there was a transient...
Bitcoin News / Bitcoin.com - 2 years ago
An independent nonprofit organization said the U.S. Securities and Exchange Commission’s approval of spot bitcoin exchange-traded funds has enabled the “mass marketing of a known worthless, volatile, and fraud-filled financial produ...
Bitcoin News / Bitcoin.com - 2 years ago
Mehmet Simsek, the Turkish Finance Minister, recently revealed that a draft of his country’s crypto regulations is now in the final stage. Simsek said that once they come into force, the new regulations will help minimize the risks that are ass...
Bitcoin News / Bitcoin.com - 2 years ago
Base, the Coinbase incubated rollup, has updated its roadmap and goals for 2024. In a blog post, Base informed that it will not only focus on building a development platform but on fostering the decentralization of such an environment, building on-ch...
Bitcoin News / Bitcoin.com - 2 years ago
SEC Commissioner Caroline A. Crenshaw voices her dissent against the commission’s approval of spot bitcoin ETFs, highlighting the risks of market manipulation, the concentration of bitcoin ownership, and the inadequacy of current regulatory mea...
Bitcoin News / Bitcoin.com - 2 years ago
The SEC’s approval of spot bitcoin ETFs marks a major milestone in cryptocurrency regulation, yet it’s ethereum that captures the market’s attention with a price rally, as investors and analysts now turn their eyes towards potent...
Bitcoin News / Bitcoin.com - 2 years ago
Warren Davidson, Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Inclusion of the House Financial Services Committee, has rejected the policy suggestions made by the U.S. Treasury on crypto assets, stating these seek to...
Bitcoin News / Bitcoin.com - 2 years ago
U.S. lawmakers are demanding answers from the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler regarding the regulator’s X account breach that led to a fake tweet on the social media platform announcing the approval of spot...
Bitcoin News / Bitcoin.com - 2 years ago
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he bought additional bitcoin following the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The famous author is deeply concerned ab...
Bitcoin News / Bitcoin.com - 2 years ago
U.S. spot bitcoin exchange-traded funds (ETFs) racked up $4.6 billion in total trading volume on their first day of trading. Blackrock, the world’s largest asset manager, debuted with more than $1 billion in trading volume for its Ishares Bitco...
Bitcoin News / Bitcoin.com - 2 years ago
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, cast the deciding vote approving 11 spot bitcoin exchange-traded funds (ETFs) in a landmark decision on Wednesday. Before the approvals, the securities regulator held a...
Bitcoin News / Bitcoin.com - 2 years ago
In a strategic bid to dominate the emerging spot Bitcoin ETF market, financial giants like Blackrock and Invesco/Galaxy unveil aggressive fee cuts, while Bitwise takes an innovative philanthropic approach.
Spot Bitcoin ETFs Gear Up for Fierce Competi...
Bitcoin News / Bitcoin.com - 2 years ago
At 11 a.m. Eastern Time (ET) on Jan. 11, 2024, the newly launched spot bitcoin exchange-traded funds (ETFs) boasted a remarkable trading volume of $2.3 billion. However, in a dramatic turn of events later that afternoon, bitcoin’s spot markets...
Bitcoin News / Bitcoin.com - 2 years ago
The sanctioning of U.S. spot bitcoin exchange-traded funds (ETFs) heralds a transformative shift from a century-long dominance of centralized monetary systems to the emerging realm of decentralized finance, as opined by Balaji Srinivasan, a distingui...
Bitcoin News / Bitcoin.com - 2 years ago
South Korea persists in its stance against allowing financial institutions to invest in digital currencies, effectively blocking the launch of any crypto exchange-traded fund (ETF) within its borders. A representative from the Financial Services Comm...
Bitcoin News / Bitcoin.com - 2 years ago
Circle Internet Financial, a fintech company and issuer of the stablecoin usd coin, has disclosed its move toward an initial public offering (IPO). The firm revealed that it has confidentially submitted a Form S-1 with the U.S. Securities and Exchang...
Bitcoin News / Bitcoin.com - 2 years ago
Over the last month, the supply of Paypal’s PYUSD stablecoin has seen a substantial increase, surging by over 72% from 167.83 million to 289.43 million PYUSD. This significant growth has propelled the payment behemoth’s dollar-linked di...
Bitcoin News / Bitcoin.com - 2 years ago
The Nigerian stablecoin consortium has said it will not be launching a stablecoin in late February as previously advised. Instead, the consortium, which is comprised of banks and fintech startups, said it plans to launch the stablecoin only after it...
Bitcoin News / Bitcoin.com - 2 years ago
The Blockchain Association has rejected U.S. Massachusetts Senator Elizabeth Warren’s claims that former security officials collaborating with it seek to weaken the country’s “ability to catch and prosecute America’s enemies.” Accor...
Bitcoin News / Bitcoin.com - 2 years ago
Anthony Scaramucci, founder of Skybridge Capital, a private global investment firm, believes that the anti-crypto policies brought by the Biden administration might affect the outcome of the upcoming elections. He states that 52 million Americans, re...
Bitcoin News / Bitcoin.com - 2 years ago
The social media platform X has discontinued its non-fungible token (NFT) profile picture service, a feature introduced just last year in January 2022. The crypto community’s response to this move has been notable, with Kraken’s founder...
Bitcoin News / Bitcoin.com - 2 years ago
Coinbase’s recent 2024 Market Outlook report was followed by a fresh analysis from its institutional arm, focusing on the pivotal market happenings linked to two leading cryptocurrencies: bitcoin and ethereum. This new report, titled  ...
Bitcoin News / Bitcoin.com - 2 years ago
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...
Bitcoin News / Bitcoin.com - 2 years ago
Rich Dad Poor Dad author Robert Kiyosaki has predicted that the price of bitcoin will hit $150,000 “soon,” as the U.S. Securities and Exchange Commission (SEC) approved spot bitcoin exchange-traded funds (ETFs). He emphasized th...