Bitcoin News / Bitcoin.com - 1 year ago
U.S. lawmakers are demanding answers from the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler regarding the regulator’s X account breach that led to a fake tweet on the social media platform announcing the approval of spot...
Bitcoin News / Bitcoin.com - 1 year ago
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he bought additional bitcoin following the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The famous author is deeply concerned ab...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. spot bitcoin exchange-traded funds (ETFs) racked up $4.6 billion in total trading volume on their first day of trading. Blackrock, the world’s largest asset manager, debuted with more than $1 billion in trading volume for its Ishares Bitco...
Bitcoin News / Bitcoin.com - 1 year ago
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, cast the deciding vote approving 11 spot bitcoin exchange-traded funds (ETFs) in a landmark decision on Wednesday. Before the approvals, the securities regulator held a...
Bitcoin News / Bitcoin.com - 1 year ago
In a strategic bid to dominate the emerging spot Bitcoin ETF market, financial giants like Blackrock and Invesco/Galaxy unveil aggressive fee cuts, while Bitwise takes an innovative philanthropic approach.
Spot Bitcoin ETFs Gear Up for Fierce Competi...
Bitcoin News / Bitcoin.com - 1 year ago
At 11 a.m. Eastern Time (ET) on Jan. 11, 2024, the newly launched spot bitcoin exchange-traded funds (ETFs) boasted a remarkable trading volume of $2.3 billion. However, in a dramatic turn of events later that afternoon, bitcoin’s spot markets...
Bitcoin News / Bitcoin.com - 1 year ago
The sanctioning of U.S. spot bitcoin exchange-traded funds (ETFs) heralds a transformative shift from a century-long dominance of centralized monetary systems to the emerging realm of decentralized finance, as opined by Balaji Srinivasan, a distingui...
Bitcoin News / Bitcoin.com - 1 year ago
South Korea persists in its stance against allowing financial institutions to invest in digital currencies, effectively blocking the launch of any crypto exchange-traded fund (ETF) within its borders. A representative from the Financial Services Comm...
Bitcoin News / Bitcoin.com - 1 year ago
Circle Internet Financial, a fintech company and issuer of the stablecoin usd coin, has disclosed its move toward an initial public offering (IPO). The firm revealed that it has confidentially submitted a Form S-1 with the U.S. Securities and Exchang...
Bitcoin News / Bitcoin.com - 1 year ago
Over the last month, the supply of Paypal’s PYUSD stablecoin has seen a substantial increase, surging by over 72% from 167.83 million to 289.43 million PYUSD. This significant growth has propelled the payment behemoth’s dollar-linked di...
Bitcoin News / Bitcoin.com - 1 year ago
The Nigerian stablecoin consortium has said it will not be launching a stablecoin in late February as previously advised. Instead, the consortium, which is comprised of banks and fintech startups, said it plans to launch the stablecoin only after it...
Bitcoin News / Bitcoin.com - 1 year ago
The Blockchain Association has rejected U.S. Massachusetts Senator Elizabeth Warren’s claims that former security officials collaborating with it seek to weaken the country’s “ability to catch and prosecute America’s enemies.” Accor...
Bitcoin News / Bitcoin.com - 1 year ago
Anthony Scaramucci, founder of Skybridge Capital, a private global investment firm, believes that the anti-crypto policies brought by the Biden administration might affect the outcome of the upcoming elections. He states that 52 million Americans, re...
Bitcoin News / Bitcoin.com - 1 year ago
The social media platform X has discontinued its non-fungible token (NFT) profile picture service, a feature introduced just last year in January 2022. The crypto community’s response to this move has been notable, with Kraken’s founder...
Bitcoin News / Bitcoin.com - 1 year ago
Coinbase’s recent 2024 Market Outlook report was followed by a fresh analysis from its institutional arm, focusing on the pivotal market happenings linked to two leading cryptocurrencies: bitcoin and ethereum. This new report, titled  ...
Bitcoin News / Bitcoin.com - 1 year ago
The long-awaited U.S. spot bitcoin exchange-traded funds (ETFs) will finally commence trading. The Securities and Exchange Commission (SEC) approved 11 spot bitcoin ETFs on Wednesday to be listed and traded on the NYSE Arca exchange, the Nasdaq stock...
Bitcoin News / Bitcoin.com - 1 year ago
Rich Dad Poor Dad author Robert Kiyosaki has predicted that the price of bitcoin will hit $150,000 “soon,” as the U.S. Securities and Exchange Commission (SEC) approved spot bitcoin exchange-traded funds (ETFs). He emphasized th...
Bitcoin News / Bitcoin.com - 1 year ago
JPMorgan Chase CEO Jamie Dimon has insisted that bitcoin doesn’t have value, emphasizing that its use cases are sex trafficking, tax avoidance, money laundering, and terrorism financing. However, JPMorgan has teamed up with Blackrock to help th...
Bitcoin News / Bitcoin.com - 1 year ago
Amid the excitement surrounding the approval of spot bitcoin exchange-traded funds (ETFs), U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler issued a statement emphasizing that the regulator did not approve or endorse bitcoin by app...
Bitcoin News / Bitcoin.com - 1 year ago
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) approved 11 spot bitcoin exchange-traded funds (ETFs), a move long anticipated by crypto enthusiasts. Despite this historic regulatory nod, the price of bitcoin witnessed stale...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Securities and Exchange Commission (SEC) has approved 11 spot bitcoin exchange-traded funds (ETFs) for listing and trading on U.S. stock exchanges. In a historic move after years of anticipation and regulatory hurdles, the approved spot bitc...
Bitcoin News / Bitcoin.com - 1 year ago
According to the veteran trader Peter Brandt, the current bitcoin exchange-traded funds (ETF) hype which has seen the “average guy on the street” clamoring to get in may be a signal to experienced traders that it is time to sell...
Bitcoin News / Bitcoin.com - 1 year ago
On Jan. 10, 2024, the fee for high-priority transactions is set at 42 satoshis per virtual byte (sats/vB), amounting to $2.66 per transaction. The average transaction fee stands at 98.9 sats/vB, equivalent to $11.17 per transfer. Although there has b...
Bitcoin News / Bitcoin.com - 1 year ago
On Jan. 9, 2024, ethereum’s value relative to bitcoin plummeted to its lowest level since November 2021. Yet, in the past 24 hours, ether has rallied, gaining 3.66% against bitcoin, recovering from this two-year low.
Ether Rebounds Strongly i...