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The London Stock Exchange (LSE) recently published a "crypto ETN admission factsheet," signaling its decision to entertain applications for Bitcoin exchange-traded notes (ETNs). This move is part of the LSE's initiative to broaden its offerings and give investors exposure to Bitcoin. Understanding Bitcoin Exchange-Traded Notes (ETNs) Bitcoin exchange-traded notes are financial instruments that mirror the […]

Introduction During the first week of 2024, the digital currency Solana witnessed a significant decline, with its value dropping by over 6%. This downward trend has pushed Solana down to the fifth position in terms of market rank. As of Saturday, January 6, 2024, Solana's value is oscillating below the $100 mark. A Chill in

Arrest of Executives The police in Taiwan have recently apprehended two executives of ACE Exchange, one of the largest cryptocurrency exchanges in the region. These arrests come after an extensive investigation, which revealed that the duo had deceived around 100 investors into purchasing worthless virtual currencies. Deceptive Tactics Lin Nan, one of the executives, allegedly

Understanding the Risks of FOMO The U.S. Securities and Exchange Commission (SEC) has issued a warning to investors about the dangers of fear of missing out (FOMO). In a recent statement, the SEC emphasized that just because others are investing in a particular opportunity, it does not mean it is the right choice for everyone.

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 signs of this scenario. Signs of a Soft

Introduction Ethereum, currently valued at $2,265, is experiencing fluctuations within a daily range of $2,170 to $2,310. With a market capitalization of $272 billion and a 24-hour trading volume of $19.24 billion, Ethereum's volatility mirrors that of bitcoin. The anticipation surrounding the potential approval of a spot bitcoin exchange-traded fund (ETF) is contributing to this

A Bold Proclamation by Former SEC Chair A former U.S. Securities and Exchange Commission (SEC) Chair, Jay Clayton, has made a bold statement suggesting that the approval of a Spot Bitcoin Exchange-Traded Fund (ETF) is inevitable. In an interview with CNBC today, Clayton confidently declared that "there's nothing left to decide." A Breakthrough in the

All Eyes on the Federal Reserve This year, mirroring last year's speculation, market observers are eagerly anticipating decisions from the U.S. Federal Reserve regarding the federal funds rate. The focus is particularly on potential rate cuts in the coming months. Ellen Zentner, Morgan Stanley's lead economist in the U.S., predicts rate reductions, but cautions that

Bitcoin Surges on Potential U.S. Bitcoin ETF Launch Bitcoin broke through the $47K mark on Monday, driven by increasing anticipation surrounding the possible introduction of a U.S. spot bitcoin exchange-traded fund (ETF). The leading cryptocurrency started the day at $43,247 per unit and reached a peak of $47,281 by 2:10 p.m. Eastern Time (ET). Market

Introduction Amidst a national surge in crypto trading, the South Korean Financial Services Commission (FSC) is proposing a significant change to their credit finance laws. The proposed amendment would ban the use of credit cards in cryptocurrency transactions. This move aims to curb the illegal outflow of domestic funds and speculative activities associated with buying