Celsius, the platform whose bankruptcy plan was finally approved late last year, has recently lashed out at former clients who cashed out before the company had the opportunity to freeze their funds. Bold Propositions The former crypto staking, lending, and exchange platform that has since shifted its focus to Bitcoin mining following the approval of...Read More
After years of rejections, the U.S. Securities and Exchange Commission (SEC) has approved the first wave of Bitcoin spot ETFs for trade in the United States on an accelerated basis. Per a filing to the SEC’s website on Wednesday, all 11 Bitcoin ETF applicants have been approved for trade across national securities exchanges like the...Read More
Analysts in the crypto community wonder if the false announcement on the spot Bitcoin exchange-traded funds (ETF) approval from the X account of the United States Securities and Exchange Commission (SEC) is an inside job. In a tweet, Gabor Gurbacs, the director of digital asset initiatives at investment management firm VanEck, also vying for a...Read More
The Chicago Board Options Exchange (CBOE) has issued notifications confirming that several highly anticipated Bitcoin spot ETPs will begin trading at 9:30 am ET on Thursday. Confirmed ETPs include the VanEck Bitcoin Trust (HODL), the Fidelity Wise Origin Bitcoin Fund (FBTC) and the ARK 21Shares Bitcoin ETF (ARKB), according to the CBOE’s website. Bloomberg ETF...Read More
Steve McClurg, co-founder and chief investment officer of Valkyrie Funds, has suggested the potential approval of Ethereum or XRP exchange-traded funds (ETFs) following the expected launch of spot Bitcoin ETFs in a recent Bloomberg interview. The prediction comes from the U.S. Securities and Exchange Commission (SEC), which is reportedly likely to approve Valkyrie’s Bitcoin ETF,...Read More
Ripple, the company behind the popular cryptocurrency XRP, is planning a $285 million share buyback from its earliest investors and employees, according to a Wednesday report from Reuters. The tender offer would value the company at $11.3 billion, and only allow investors to sell up to 6% of their stake, anonymous sources told the media...Read More
Market research boutique Fundstrat envisions Bitcoin (BTC) reaching $500,000 per coin within the next five years – in large part due to expected Bitcoin spot ETF approvals. “I think in five years, something around half a million would be potentially achievable,” said Fundstrat’s Tom Lee in an interview with CNBC on Wednesday. How Meaningful Is...Read More
The Chicago Board Options Exchange (CBOE) has announced its approval for the listing of the Invesco Galaxy Bitcoin ETF (BTCO) on its platform. The ETF, which is sponsored by Invesco, will provide investors with exposure to bitcoin through a traditional investment vehicle. The news is confirmed by Fox journalist Eleanor Terret on X (Twitter). The...Read More
Several firms have recently reduced their proposed fees, as revealed in the latest versions of their S-1 forms submitted to the U.S. Securities and Exchange Commission. This is in response to the ongoing industry competition, amplified by the anticipation surrounding the U.S. Securities and Exchange Commission’s (SEC) decision on spot Bitcoin ETFs. Spot Bitcoin ETF...Read More
The fake news originating from a compromised X (formerly Twitter) handle triggered significant volatility within the Bitcoin market, and the drama was even more bizarre than expected, according to Greeks.live, a popular crypto options trading platform. The sharp volatility resulted in a substantial increase in RV, while IV experienced a slight decrease. Leverage Unwinding The...Read More
Cathie Wood’s ARK’s spot Bitcoin ETF is one of the many proposals put forward for the US Securities and Exchange Commission (SEC). Dubbed ARK 21Shares, the product was developed in collaboration with Swiss firm 21Shares, which offers crypto exchange-traded products. Ark21’s Deadline Raises Confidence in ETF Announcement Tonight An update from QCP Capital indicates a high...Read More
At this point, spot Bitcoin ETF approvals are a foregone conclusion. It is not a matter of if but when the SEC will finally greenlight them; at least, this is what most experts believe. It could be any day now, Investors Business Daily reported Tuesday: “Regulatory approval of spot bitcoin ETFs is likely in the...Read More
BitMEX users will soon be able to long or short LDO via two new listings – LDOUSD and LDOUSDT. LDO is the native governance token of Lido DAO, a decentralized autonomous organization (DAO) that provides staking infrastructure for multiple blockchain networks. Lido DAO is secured by decentralized governance, audited code, and smart contracts. Through the...Read More
[PRESS RELEASE – Kingstown, St Vincent and the Grenadines, January 10th, 2024] MNT, the proprietary token of Minutes Network is a groundbreaking initiative that democratises the international minutes market and converts Minutes Network’s net revenues into MNTs and distributes them to network participants as rewards. Rewarding Mintech, Stakers, and Users. Three specific groups are rewarded...Read More
On Jan. 9, the agency’s X account was compromised, and an announcement was made that spot Bitcoin ETFs have been approved. On Jan. 10, X Support confirmed that the account was hacked, stating: “We can confirm that the account @SECGov was compromised and we have completed a preliminary investigation.” It added that there was no...Read More
The debut week of 2024 marked a promising start for digital asset investment products, reaching inflows of $151 million in assets. This brought the total inflows since the Grayscale vs. SEC lawsuit to $2.3 billion, constituting 4.4% of all assets under management (AuM), as per prominent asset manager CoinShares. Spot Bitcoin ETF Not ‘Buy The...Read More
The cryptocurrency market has been a hotbed of activity and excitement in recent years, with numerous digital assets making headlines for their meteoric rises in value. Two such cryptocurrencies that have garnered significant attention are Retik Finance (RETIK) and Solana (SOL). Both have shown immense promise and have left investors wondering if they can reach...Read More
Fox Reporter Eleanor Terrett has recently highlighted a significant procedural aspect of the U.S. Securities and Exchange Commission (SEC) that could influence the fate of the much-anticipated spot Bitcoin Exchange-Traded Fund (ETF) approval. According to Terrett’s January 9th tweet, even though there is no scheduled commission vote on the Bitcoin ETF, each of the five...Read More
