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The approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) has raised concerns about centralization, according to SEC Chair Gary Gensler. In an interview with CNBC, Gensler pointed out the irony of the situation, as bitcoin was originally designed to be a decentralized system. Spot Bitcoin ETFs and Centralization […]

Self-Directed Gold IRAs are a fantastic option to invest in gold, without having to deal difficulties associated with buying physical bullion. This kind of account allows investors to buy gold directly from the government and store it under their name. Although many prefer physically gold in their possession, all can get access to it. Furthermore

Gamestop's Decision to Shut Down NFT Marketplace In a notable announcement on the Gamestop non-fungible token (NFT) marketplace, the company has made it known that it plans to close the platform on February 2, 2024. This move means that users of the Gamestop NFT market will no longer have the ability to engage in buying,

Renowned author Robert Kiyosaki, best known for his book "Rich Dad Poor Dad," has expressed deep concerns over the rapid increase in the U.S. national debt. In a recent statement, Kiyosaki urged investors to diversify their portfolios by purchasing bitcoin, gold, and silver. He emphasized the importance of protecting one's wealth from the potential economic

Kevin O’Leary Won't Invest in Spot Bitcoin ETFs Kevin O’Leary, also known as Mr. Wonderful, recently stated that he will never purchase a spot bitcoin exchange-traded fund (ETF). Instead, he prefers to hold bitcoin for the long term, considering it as digital gold. According to O’Leary, spot bitcoin ETFs add no value and are completely

Blackrock's Ishares Bitcoin Trust Acquires 11,439 BTC Blackrock's spot bitcoin exchange-traded fund (ETF), known as the Ishares Bitcoin Trust (IBIT), has acquired a total of 11,439 bitcoin. The market value of these holdings is estimated to be nearly $500 million. This impressive acquisition took place within just two days of the ETF's launch on the

The Rise of Bitcoin Larry Fink, CEO of Blackrock, the world's largest asset manager, has expressed his strong belief in bitcoin, stating that it is "bigger than any government." In an interview with CNBC and Fox Business, Fink described bitcoin as "digital gold" and emphasized its potential as a long-term store of value. He highlighted

Self-Directed Gold IRAs are an excellent way to invest in gold without having to deal difficulties associated with purchasing physical bullion. This type of account permits investors to buy bullion directly through the state, and then store it in their own name. While many people prefer physically gold in their possession, all can access it.

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

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