Senator Elizabeth Warren Criticizes SEC’s Approval of Bitcoin ETFs
She stresses that the crypto industry must adhere to fundamental AML regulations. The senator has been pushing her Digital Asset Anti-Money Laundering Act.A member of the Senate Banking Committee and…
U.S. Inflation Hits 3.4% in December 2023, Sparks Rate Cut Speculation.
Clues about the Fed’s impending interest rate decision may be found in today’s CPI statistics.Keeping mostly in line with market estimates, inflation rose 0.3% in December.U.S. inflation increased to 3.4%…
Coinbase and Yellow Card Join Forces for Crypto Expansion in Africa.
Coinbase will integrate Yellow Card’s payment rails in Africa.The crypto exchange said that Africa is “by far” the youngest continent.Coinbase has teamed up with Africa’s Yellow Card to launch its…
Bitcoin ETF Volumes Top $4 Billion With 700,000 Trades on Day 1
The first day of trading for spot Bitcoin exchange-traded funds has been extremely active with billions of dollars in volume and hundreds of thousands of trades.All told, there were 700,000…
Clients Respond as Investment Giant Vanguard Blocks Bitcoin ETF Access
Vanguard rejects Spot Bitcoin ETFs, citing weak investment cases and volatility concerns.Clients express frustration, initiating a response rally on social media. In a surprising turn of events, Vanguard, the $7.7…
USDC Stablecoin Issuer Circle Files for Initial Public Offering (IPO).
Circle has not yet revealed the exact amount of shares it intends to sell or the estimated price. Following Circle’s failed 2022 effort to go public via a SPAC, this…
Bitcoin Blasts Over $49,000 As ETFs Gather $1.7 Billion In Volume After Launch
Much of the latest trading volume is likely inflows, though analysts say Grayscale’s Bitcoin Trust (GBTC) may be witnessing significant outflows.Bitcoin (BTC) ripped to another multi-year high of $49,000 on…
Robinhood All Set to Offer Spot Bitcoin ETFs on Its Platform.
CEO Vladimir Tenev revealed the platform’s prospective intentions in a recent twitter post. Tenev also shared the company’s enthusiasm for the SEC’s decision.Following the SEC’s historic approval of 11 Spot…
Spot Bitcoin ETFs Approval Ignites Ethereum and Altcoin Rally.
The price of Ethereum (ETH) skyrocketed beyond $2,600 levels post the approval.The SEC will begin making judgments on spot applications for an Ethereum ETF in May. A historic decision has…
Vitalik Buterin Calls For Increase in Ethereum’s Gas Limit by 33%.
Buterin did some quick math and said that this would be a rise to around 40 million.Etherscan reports that the current gas cap is 30 million.Vitalik Buterin, co-founder of Ethereum,…