SEC Punts Fidelty Spot Ethereum ETF Decision to March – Decrypt
The U.S. Securities and Exchange Commission (SEC) has extended the deadline for a decision on Fidelity's proposed Spot Ethereum ETF to March 5th. According to Thursday filingthe SEC specified a “longer period for taking action on proposed rule changes” in order to have “sufficient time to consider the proposed rule changes and the issues raised […]
Laser-Eyed Franklin Templeton Sets Sights on Ethereum, Solana After Bitcoin – Decrypt
Global investment firm Franklin Templeton opined on the benefits of layer-1 blockchains Solana and Ethereum in a series of tweets on Wednesday, leading to speculation about the investment giant's next move. Franklin Templeton, one of the world's largest asset management firms, manages more than $1.4 trillion in assets. “As blockchain fees and performance improve, we […]
Bitcoin Is ’Bigger Than Any Government’: BlackRock CEO Larry Fink – Decrypt
BlackRock CEO Larry Fink today completely shed his crypto skepticism and defended Bitcoin as a check on authoritarian governments. During a day-long media tour, Fink stopped by Fox Business to discuss this landmark week in which the SEC approved 11 spot Bitcoin ETFs. Fink praised Bitcoin as a store of value and a tool to […]
Bitcoin ETFs Start With a Bang: $4.5 Billion on Day One of Trading – Decrypt
First day of newly minted spot Bitcoin ETF It's in the books and it did not disappoint. The freshman BTC fund cleared $4.5 billion worth of trading volume and achieved several outstanding milestones. If that sounds like a big number, that's because it is. Despite the uproar, market players across the board did not expect […]
SEC 'Squandered a Decade' Rejecting Bitcoin ETFs: Commissioner Hester Peirce – Decrypt
The U.S. Securities and Exchange Commission (SEC) ultimately Spot Bitcoin Exchange Traded Fund (ETF) Wednesday was as expected, but at least one SEC commissioner wasn't mincing words about the damage the long wait has caused the agency, investors and the crypto industry. SEC Commissioner Hester Pierce is a longtime cryptocurrency advocate Commonly known as “Cryptomum” […]
Bitcoin Dips, Then Bounces After ETF Approval While Ethereum Tops $2,500 – Decrypt
The U.S. Securities and Exchange Commission (SEC) on Wednesday formally approved trading of the Spot Bitcoin Exchange Traded Fund (ETF), as expected. However, the price of Bitcoin itself has been unstable since then, but it is currently hovering around the level it was at when Bitcoin trading began. The news was a hit. Bitcoin (BTC) […]
Twitter Safety: ‘Compromised’ SEC Account Posted Fake Bitcoin ETF Tweet, Didn’t Enable 2FA – Decrypt
Twitter refutes claims that the platform is responsible for fraudulent tweets sent from a U.S. Securities and Exchange Commission account that falsely announced 13 spot approvals Bitcoin ETF on tuesday. After a preliminary investigation into the compromised accounts, Twitter's safety team Said “The breach was not due to a compromise of X's systems, but rather […]
SEC Provides Comments on Latest Bitcoin ETF Filings: Report – Decrypt
The U.S. Securities and Exchange Commission (SEC) has sent comments to prospective candidates. Bitcoin ETF The issuers made the announcement following a series of amended S-1 forms filed by applicants on Monday. Perianne Bowling, founder of the Chamber of Digital Commerce, a blockchain industry association, posted: twitter Some said the move was a “delayed signal,” […]
Report Crypto Trades Over $10K to IRS or Face Jail? It’s Complicated – Decrypt
As 2024 dawns, cries of “The IRS is coming!” are heard throughout the cryptosphere. The National Tax Agency is coming! The uproar was sparked by the circulation of portions of the 2021 federal document. infrastructure law Starting January 1, 2024, the law would require key details about certain cryptocurrency payments over $10,000 (including the payer's […]
Grayscale, VanEck and ARK Bitcoin ETFs Register to Trade on Exchanges – Decrypt
The three companies vying to offer spot Bitcoin ETFs in the U.S., Grayscale, VanEck, and ARK, have received approval to trade the funds on their respective exchanges. Grayscale Bitcoin Trust, a Bitcoin investment vehicle for accredited investors, currently trades as a commodity investment product on OTCQX under the ticker GBTC. If Grayscale's bid to convert […]