The Spot Bitcoin ETF frenzy has concluded with a bang after the U.S. Securities and Exchange Commission (SEC) provided the green light to 11 issuers. While several applications were in line, Grayscale Investments, the world’s leading crypto asset manager stole the spotlight. Coinbase CEO Brian Armstrong and CLO Paul Grewal recently credited Grayscale for the […]
Robinhood To Launch Spot ETF Trading On Its Platform
The Robinhood platform and its CEO Vladimir Tenev caught the eyes of investors on January 11, a day after the U.S. Securities and Exchange Commission (SEC) created a milestone with its approval of 11 Spot Bitcoin ETFs. Meanwhile, in a recent X post, Robinhood CEO and co-founder Vladimir Tenev announced the platform’s potential plans in […]
XRP Whales Move 68 Mln XRP As Price Sprints Past $0.58
XRP, one of the most prominent cryptocurrencies by global market cap, again curated a hurricane of speculations across the crypto landscape on Thursday as the token jotted down significant whale activity within the market. Intriguingly, as per on-chain data unveiled by a blockchain tracking platform, roughly 68 million XRP on the move caught the eyes […]
Bitwise Joins VanEck In Donating 10% ETF Profits to Bitcoin Development
Asset management giant Bitwise announced that it will be donating 10% of profits derived from Bitwise Bitcoin ETFs, to the development of the Bitcoin network. Bitwise is one of the 11 beneficiaries to secure the approval of the US Bitcoin ETF on Wednesday, January 10, marking a watershed moment in the history of the financial […]
Crypto Prices Today: Bitcoin Tops $46K, Ether and Pepe Rally After Bitcoin ETF Approval
Bitcoin and other cryptocurrencies got a shot in the arm after the US Securities and Exchange Commission (SEC) gave its blessing to spot Bitcoin exchange-traded funds (ETFs). The federal regulator approved a long list of spot Bitcoin ETF applications—including that of the world’s biggest asset manager BlackRock. The industry took the SEC’s nod as a […]
Crypto Scam: Indian Engineer Loses $15,000 on Telegram
In the wake of growing crypto scams in the country, an Indian engineer from Delhi lost $15,000 on Telegram, as reported by local media in the region. Indian engineer falls prey to crypto scam ANI on Wednesday reported that an engineer from Delhi had fallen prey to a digital scam on Telegram. The victim has […]
What Importance Does A US Bitcoin ETF Hold? All Details
On Wednesday, the U.S. Securities and Exchange Commission (SEC) approved Bitcoin-tracking exchange-traded funds (ETFs), marking a pivotal moment for the cryptocurrency industry’s decade-long quest for such a product. Despite numerous rejections since 2013, the SEC reconsidered its stance after a court ruled against rejecting Grayscale Investments’ Bitcoin ETF application in August, citing a need to […]
Ben Zhou of Bybit Shares Insights on the Milestone of Bitcoin Spot ETF Approval
DUBAI, UAE, Jan. 11, 2024 /PRNewswire/ — Ben Zhou, co-founder and CEO of Bybit, the world’s third largest crypto exchange by volume, shares his insights on the milestone of Bitcoin Spot ETF Approval. As the co-founder and CEO of Bybit, I’ve been at the forefront of the cryptocurrency revolution, witnessing every ebb and flow, triumph and […]
Cathie Wood Slams Gary Gensler for Denigrating Crypto After Bitcoin ETF Approval
The U.S. Securities and Exchange Commission (SEC) finally gave a nod for the first spot Bitcoin ETF after months of keeping investors waiting on the sidelines. However, SEC Chair Gary Gensler quickly managed to distance himself and the SEC from Bitcoin and crypto. Cathie Wood Slams Gary Gensler After approving the first spot Bitcoin ETF […]
Spot Bitcoin ETF : Trading Interfaces Display ETF Tickers Ahead of SEC Verdict
Bitcoin ETF tickers have started showing up on major trading interfaces like Bloomberg, Fidelity, and TD Ameritrade just before the final decision around the ETF approval kicks in. Fidelity, Bloomberg and TD Ameritrade display new spot Bitcoin ETF tickers Massachusetts-based multinational financial services corporation Fidelity and US brokerage firm TD Ameritrade on Wednesday started displaying […]