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Ark Invest CEO Cathie Wood Doubles Down on Bullish Bitcoin Forecast, Sees $1.5 Million Price

Increased Probability of Bitcoin Reaching $1.5 Million Cathie Wood, the CEO of Ark Investment Management (Ark Invest), has reiterated her bullish bitcoin predictions, now stating that there is a higher probability of the price of bitcoin soaring to $1.5 million per coin. Wood's optimism stems from the recent approval of 11 spot bitcoin exchange-traded funds

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Vanguard Blocks Customers from Trading Spot Bitcoin ETFs

Vanguard's Decision to Exclude Spot Bitcoin ETFs Several investment firms, including Vanguard, have decided to block customers from trading spot bitcoin exchange-traded funds (ETFs). Vanguard explained that these products do not align with their focus on asset classes such as equities, bonds, and cash. As a result, some dissatisfied customers have closed their Vanguard accounts

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SEC Commissioner Criticizes Delay in Approving Spot Bitcoin ETFs

SEC Commissioner Hester Peirce Expresses Frustration over Delay in Spot Bitcoin ETF Approval SEC Commissioner Hester Peirce has voiced her criticism of the agency for the prolonged delay in approving spot bitcoin exchange-traded funds (ETFs). In a statement, she emphasized that the arbitrary and capricious treatment of applications in this area not only damages the

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Congressman Warren Davidson Criticizes U.S. Treasury’s ‘Deceptive Arguments’ Against Crypto

Warren Davidson, the Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Inclusion of the House Financial Services Committee, has strongly opposed the policy recommendations put forward by the U.S. Treasury regarding crypto assets. He argues that these suggestions aim to effectively outlaw digital assets in the United States by imposing impractical compliance

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Robert Kiyosaki Boosts Bitcoin Holdings After SEC Approval of Spot Bitcoin ETFs

Introduction The renowned author of "Rich Dad Poor Dad," Robert Kiyosaki, has recently disclosed that he has acquired additional bitcoin following the U.S. Securities and Exchange Commission's (SEC) approval of spot bitcoin exchange-traded funds (ETFs). Kiyosaki, who is deeply concerned about the U.S. economy and the looming threat of hyperinflation, decided to increase his bitcoin

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SEC Investigates X Account Breach, Lawmakers Demand Answers

Lawmakers Demand 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. This breach resulted in a false tweet being sent out on January 9, announcing the approval of bitcoin exchange-traded funds (ETFs).

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SEC Chair Gary Gensler Emphasizes Spot Bitcoin ETF Approval Does Not Mean BTC Endorsement

SEC Chair Gary Gensler’s Clarification on Bitcoin Following Spot Bitcoin ETF Approvals Amid the recent approval of spot bitcoin exchange-traded funds (ETFs), U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued a statement to clarify the regulator's position on bitcoin and cryptocurrency. Gensler began by stating that the Commission has approved the listing

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