Bitcoin News / Bitcoinist - 1 year ago
A storm of controversy has erupted after the Securities and Exchange Commission (SEC) approved the first wave of spot bitcoin exchange-traded funds (ETFs), pitting lawmakers against each other in a heated debate over cryptocurrency regulation. Leadin...
Bitcoin News / Bitcoinist - 1 year ago
Cathie Wood, CEO of ARK Invest, sent shockwaves through the cryptocurrency market by revising her Bitcoin price predictions upward in light of the SEC’s recent green light for spot ETFs. Wood, already known for her bullish stance, now sees the...
Bitcoin News / Bitcoinist - 1 year ago
In the XRP lawsuit between Ripple Labs Inc. and the United States Securities and Exchange Commission (SEC), the agency has escalated its demands. Filed on January 11, 2024, the SEC has submitted a motion in the Southern District of New York, seeking...
Bitcoin News / Bitcoinist - 1 year ago
In a significant milestone for the cryptocurrency industry, the US Securities and Exchange Commission (SEC) has approved all 11 Bitcoin ETF applicants. This landmark decision is expected to usher in a new era of inflows, institutional investments, an...
Bitcoin News / Bitcoinist - 1 year ago
A supply shock may be brewing in Bitcoin as on-chain data shows 57% of all BTC hasn’t seen any movement since at least two years ago. Bitcoin Supply Dormant Since 2+ Years Has Been Setting New All-Time Highs As pointed out by Capriole Investmen...
Bitcoin News / Bitcoinist - 1 year ago
The NEAR Foundation announced a restructuring that will see its workforce slashed by 40%, which is about 35 members of its staff. This decision, which comes despite the expansion within the NEAR ecosystem in 2023, is aimed at streamlining operations...
Bitcoin News / Bitcoinist - 1 year ago
Cathie Wood, founder and CEO at Ark Invest, has made several appearances across mainstream media channels to discuss the first US-approved spot Bitcoin ETF (Exchange Traded Fund). The asset manager and Wood herself have been long-term supporters of t...
Bitcoin News / Bitcoinist - 1 year ago
Ripple’s Chief Technology Officer (CTO) David Schwartz has addressed rumors that Ripple’s XRP sales increased exponentially in December. His statement provides some clarification to the XRP community, as Ripple’s alleged sales have long been pinpoint...
Bitcoin News / Bitcoinist - 1 year ago
Dogecoin is on another rally once more as social media platform X (formerly Twitter) made an announcement that many believe will ultimately have a significant impact on the DOGE price. According to the announcement, X is finally moving forward with i...
Bitcoin News / Bitcoinist - 1 year ago
Ethereum, the blockchain network renowned for its smart contract capabilities, stands on the brink of a significant shift. Co-founder Vitalik Buterin has proposed a proposal that could amplify the network’s capacity. During a recent Reddit ask-...
Bitcoin News / Bitcoinist - 1 year ago
Billionaire Elon Musk has continued to support the Dogecoin meme coin, revealing that he owns some of the cryptocurrency itself. This is in line with Musk’s support that made the meme coin gain prominence in 2021, sending it to new all-time highs. El...
Bitcoin News / Bitcoinist - 1 year ago
In a landmark move, the US Securities and Exchange Commission (SEC) on Wednesday approved the listing of 11 Spot Bitcoin Exchange-Traded Funds (ETFs), igniting a surge of optimism across the global crypto landscape. This long-awaited decision, follow...
Bitcoin News / Bitcoinist - 1 year ago
The cryptocurrency market has received a major regulatory boost with the approval of Bitcoin (BTC) to trade on the largest US exchanges through Bitcoin ETFs offered by some of the world’s largest asset managers. However, despite this regulator...
Bitcoin News / Bitcoinist - 1 year ago
After the Bitcoin spot ETF approval, Ethereum Classic (ETC) has been ripping up, as its price has shot up more than 35% over the last 24 hours. Ethereum Classic Takes Off Following Bitcoin ETF Decision The US SEC has finally approved all the Bitcoin...
Bitcoin News / Bitcoinist - 1 year ago
Amidst swirling anxieties in the cryptocurrency space, particularly concerning Bitcoin ETFs and exchange stability, Bitget, a prominent web 3 and cryptocurrency exchange, has stepped forward to categorically deny rumors of insolvency and the alleged...
Bitcoin News / Bitcoinist - 1 year ago
Bloomberg analyst James Seyffart recently shared his thoughts on whether or not an XRP ETF could launch this year. This comes following Valkyrie’s Chief Investment Officer (CIO), Steven McClurg’s comment that approval of the Spot Bitcoin ETFs could o...
Bitcoin News / Bitcoinist - 1 year ago
Circle Internet Financial, known as the issuer of the USDC stablecoin, has confidentially filed for an initial public offering (IPO) in the United States, as per an exclusive Reuters report, signaling its intention to become a publicly-traded company...
Bitcoin News / Bitcoinist - 1 year ago
In a landmark decision, the United States Securities and Exchange Commission (SEC) approved the trading of spot Bitcoin exchange-traded funds (ETFs) yesterday, a pivotal moment that has been long anticipated by the industry. However, this decision ha...
Bitcoin News / Bitcoinist - 1 year ago
In a watershed moment for the cryptocurrency world, the US Securities and Exchange Commission (SEC) on Wednesday greenlit the first-ever spot Bitcoin ETF, granting investors direct access to the world’s largest digital asset through regulated f...
Bitcoin News / Bitcoinist - 1 year ago
After months of delays and uncertainty, the US SEC has finally approved Spot Bitcoin ETFs. In response to this development, Ripple Chief Legal Officer (CLO) Stuart Alderoty has shed some light on the regulator’s sudden change of heart. He emphasized...
Bitcoin News / Bitcoinist - 1 year ago
In a new development surrounding the Bitcoin Spot Exchange-Traded Funds (ETFs) approval, a report has revealed that the majority of the United States Securities and Exchange Commission (SEC) officials voted in favor of the approval. Bitcoin Spot ETF...
Bitcoin News / Bitcoinist - 1 year ago
The approval of a Bitcoin ETF by the US Securities and Exchange Commission (SEC) marks a pivotal moment in the evolution of cryptocurrency markets. Here, we explore the potential implications of this historic decision, examining both the positive asp...
Bitcoin News / Bitcoinist - 1 year ago
Ripple Labs has made a significant move by buying back $285 million worth of shares from early investors and employees, as per two informed sources who spoke to Reuters. This strategic investment, which is a tender offer, has set the company’s...
Bitcoin News / Bitcoinist - 1 year ago
In a recent interview with Fox, JPMorgan CEO Jamie Dimon has once again expressed his negative views on Bitcoin and the broader cryptocurrency industry, citing concerns over illicit activities. This contradictory stance arises as JPMorgan is being co...
Bitcoin News / Bitcoinist - 1 year ago
The term “ultrasound money” has been thrown around quite a bit in the Ethereum (ETH) community, often describing the network’s potential to become a deflationary asset with better tokenomics than Bitcoin (BTC). While some proponents...
