Ark Invest’s Cathie Wood Slams Vanguard Over Bitcoin ETF Snub.
The action has been deemed “terrible” by Ark Invest founder Cathie Wood.Vanguard has maintained its firm position on not offering Bitcoin ETF trading.The U.S SEC’s approval of the Bitcoin ETF…
Algorand Investors Face Setbacks, 88% of ALGO Holders in Loss: Analysis
Algorand’s challenges are not affecting the network’s usage and transaction volume, which are rising. Proof-of-stake blockchain network Algorand appears to be in a rough season as on-chain metrics show that…
Bitcoin Dumps To $42,000 Triggering $338 Million In Liquidations.
Bitcoin’s spot ETF approvals prove to be a sell the news event amid a 10% daily drop for the crypto asset. Bitcoin plummeted 10% below $42,000 on Friday, triggering $338…
Retail Gaming Giant GameStop Pulls the Plug on NFT Marketplace.
The platform will stop functioning as of February 2, 2024.This does not affect the accessibility or trading of the NFTs that are minted on blockchains.Having launched its NFT marketplace about…
SEC Chair Says Bitcoin Is Centralized After Approving ETFs.
Gensler’s crypto criticisms have grown sharper since approving Bitcoin ETFs for public trading on Wednesday.The chairman of the Securities and Exchange Commission (SEC) has doubled down on his criticisms of…
After Bitcoin, Will the SEC Greenlight Spot Ethereum (ETH) ETF This Year?
The majority of the crypto community sees an ETH ETF coming live in the US this year.The US Securities and Exchange Commission finally greenlighted a spot Bitcoin ETF earlier this…
BlackRock’s Larry Fink Envisions Potential for Ethereum Spot ETF.
Recently, the company’s spot Bitcoin ETF (IBIT) had a successful debut trading day.BlackRock, applied to the SEC for a spot Ethereum ETF in November of last year.Larry Fink, CEO of…
Bitcoin Faces Severe Selling Pressure as Downtrend Intensifies.
At the time of writing, Bitcoin is trading at $42,717, down 7.15% in the last 24 hours.If the price manages to go below $41,940 then it will likely decline further…
U.S SEC Chair Gary Gensler Speaks Up on Spot Bitcoin ETF Decision
Explaining the SEC’s stance change on bitcoin ETFs was a tough assignment for Gensler. Things “have changed,” he said, during an interview with CNBC.Commenting on the reasons for the SEC’s…
Bitcoin ETF: Better Than Buying Bitcoin?
A Bitcoin exchange-traded fund (ETF) made its long-awaited debut in the U.S on October 19, 2021, marking a watershed moment for the cryptocurrency industry. Offered by ProShares, the fund trades…