Author name: Peter

Better Markets Calls on SEC to Reject Spot Bitcoin ETFs Financial watchdog group Better Markets has issued a plea to the U.S. Securities and Exchange Commission (SEC) to reject spot bitcoin exchange-traded funds (ETFs), citing the potential for "massive investor harm." The organization, known for its advocacy work in financial reform and market regulation, has […]

Will SEC Reject Spot Bitcoin ETF Applications? Concerns are growing within the crypto community following a letter from Better Markets, a financial watchdog group, urging the U.S. Securities and Exchange Commission (SEC) to reject spot bitcoin exchange-traded funds (ETFs). The group argues that the SEC has a legal obligation to deny these applications, warning of

A groundbreaking new product called bitcoin depository receipts has been introduced by a group of former Citigroup executives. This innovative crypto offering does not require registration with the U.S. Securities and Exchange Commission (SEC). It aims to serve as a complementary product to spot bitcoin exchange-traded funds (ETFs), which are expected to receive approval from

Bitcoin's price fluctuations continue to reflect its unpredictable nature as the decision for the spot bitcoin exchange-traded fund (ETF) looms near. The price of bitcoin reached a peak of $45,922 on Friday, with intraday values ranging from $43,920 to $44,067. Bitcoin's Market Activity In the world of crypto trading, bitcoin's activity spanned from $43,116 to

Self-Directed Gold IRAs are a fantastic option to invest in gold, without having to deal with the headaches associated with purchasing physical bullion. This type of account permits investors to buy bullion directly through the state and store it in their own name. While many people prefer to hold tangible gold items, all can access

Introduction As the cryptocurrency community eagerly awaits the SEC's decision on several pending bitcoin ETF applications, market participants are preparing for potential market impact. Analysts are reflecting on the possibility of a "buy the rumor, sell the news" scenario, where the approval of a Bitcoin ETF could trigger major market movements. This article explores the

Celsius Network's Decision to Unstake Ethereum The cryptocurrency lender, Celsius Network, has recently announced its plan to unstake a significant amount of ethereum (ETH) as part of its ongoing efforts to restructure and address its outstanding liabilities. This decision comes in the wake of the company's filing for Chapter 11 bankruptcy protection in July 2022

Bitcoin Obituaries Dwindle in 2023 After facing numerous predictions of its demise in 2021 and 2022, with a total of 47 and 27 death announcements respectively on the Bitcoin Obituaries list, only eight declarations were made in 2023. The final proclamation came at the end of the year from crypto advocate Arthur Hayes, who warned

SEC Meeting with Exchanges The U.S. Securities and Exchange Commission (SEC) recently held meetings with officials from major exchanges, including the New York Stock Exchange (NYSE), Nasdaq, and Chicago Board Options Exchange (CBOE). The purpose of these meetings was to discuss spot bitcoin exchange-traded funds (ETFs). This is a significant step towards the potential approval

Shark Tank Investor Kevin O’Leary Talks Institutional Interest in Crypto Kevin O’Leary, also known as Mr. Wonderful and a prominent investor on Shark Tank, believes that institutional interest in cryptocurrency and bitcoin will remain strong, regardless of the U.S. Securities and Exchange Commission (SEC)'s decision on spot bitcoin exchange-traded funds (ETFs). O’Leary emphasized that even