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 […]
Spot Bitcoin ETF: SEC Website Crashes Right After Real Approval Announcement
In a historic moment on Wednesday, the SEC approved Spot Bitcoin ETFs after rejecting them for nearly ten years. However, the regulator’s official website crashed soon after the approval was announced. SEC website crashes amid higher traffic The much-anticipated approval for spot Bitcoin ETFs was finally announced on Wednesday. However, in a turn of events, […]
Elon Musk Says Open To The Idea Of Using Bitcoin
Billionaire Elon Musk on Wednesday, January 10, 2024, acknowledged the engineering prowess behind the Bitcoin infrastructure. His comments came in the backdrop of the approval of the spot Bitcoin ETF in the United States for the first time ever. Also Read: Ripple Legal Chief Credits US SEC Court Losses For Bitcoin ETF Approval Elon Musk […]
Ripple Legal Chief Credits US SEC Court Losses For Bitcoin ETF Approval
Ripple chief legal officer Stuart Alderoty said the approval of spot Bitcoin ETF in the United States became possible only because of the U.S. Securities and exchange commission’s (SEC) setbacks in court. He remarked that the SEC was an ‘out of control regulator.’ Also Read: Crypto Scam: Indian Engineer Loses $15,000 on Telegram Bitcoin ETF: […]
Spot Bitcoin ETF Approved: Here’s Why Grayscale is the Biggest Winner
History has been made in the United States as the United States Securities and Exchange Commission (SEC) has approved the much-awaited spot Bitcoin Exchange Traded Fund (ETF) product. With Grayscale Investments’ approval now confirmed, the company deserves all the accolades for the right reasons. Grayscale in the Pursuit of Spot Bitcoin ETF Grayscale changed the […]