SEC puts brakes on HashDex and Grayscale ETF filings
The U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision on the ETF filings by HashDex and Grayscale. The SEC has postponed its decision on HashDex’s proposal to convert a Bitcoin futures exchange into a Spot ETF. Similarly, the decision on Grayscale’s Ethereum futures ETF has been deferred. Both filings, made […]
Binance and Gulf Energy join forces to penetrate Thai crypto market
Leading cryptocurrency exchange, Binance, is gearing up to launch its operations in Thailand through a partnership with Gulf Energy. The joint venture, named Gulf Binance, has received approval from Thailand’s Securities and Exchange Commission (SEC) to commence operations. This follows a translated filing to the Stock Exchange of Thailand by Gulf Energy Development. Gulf Binance […]
Singapore’s Central Bank chief dismisses cryptocurrencies, supports CBDCs and Stablecoins
The Managing Director of Singapore’s central bank, the Monetary Authority of Singapore (MAS), has branded cryptocurrencies as a failure. Instead, he backs Central Bank Digital Currencies (CBDCs) and stablecoins as future financial system components. Ravi Menon expressed his opinion in his keynote at the Singapore Fintech Festival. Menon stated, “Cryptocurrencies have performed poorly as a […]
NYDFS introduces stricter rules for crypto listing and delisting
The New York State Department of Financial Services (NYDFS) has announced new, stricter guidelines for cryptocurrency companies regarding their coin listing and delisting policies. The regulations aim to enhance investor protection and align with NYDFS-established standards. The changes were revealed on November 15 and affect all digital currency business entities licensed under the New York […]
‘Rich Dad Poor Dad’ Author Wants You To Buy Bitcoin Now
🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 XRP’s Wild Ride on a BlackRock Rollercoaster: Here’s the 411! Robert Kiyosaki Serves Up a Financial Wake-Up Call: BTC and Gold Are Your […]
Why the Creator of Netflix’s ‘Selena’ Is Saying Yes to NFTs — And No To Hollywood
🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 FTT Skyrockets Over 80% Following Gary Gensler’s Support for Potential FTX Reboot Why the Creator of Netflix’s ‘Selena’ Is Saying Yes to NFTs […]
Ark Invest teams up with 21Shares for digital asset ETFs launch
Investment manager Ark Invest is teaming up with 21Shares to roll out a new range of exchange-traded funds (ETFs) focused on digital assets. The companies aim to provide investors with diverse exposure to digital assets, including Bitcoin and Ethereum futures, and investments in blockchain-related firms. The collaboration will result in a debut of a series […]
Expert predicts Bitcoin to float between $45,000-$50,000 pre-halving
Crypto analyst Michaël van de Poppe forecasts Bitcoin to maintain a price range of $45,000 to $50,000 before its upcoming halving event in April 2024. The prediction comes as Bitcoin enters a new phase, with the world’s largest crypto bidding farewell to its period of accumulation. Van de Poppe also anticipates a correction following this […]
Bitwise asset management asserts no ties with fraudulent namesake
Leading crypto index fund manager, Bitwise Asset Management, has distanced itself from a similarly named startup facing legal charges. The San Francisco-based digital asset manager clarified that it has no links with the now-defunct Bitwise Industries, an ex-technology company based in Fresno, California. Bitwise Asset Management, which is currently attempting to obtain approval for a […]
Ethereum and Bitcoin users see soaring transaction fees, renewing scalability debate
A dramatic surge in gas fees for Ethereum and Bitcoin users has reignited the long-standing scalability debate in the crypto community. Transaction fees have skyrocketed, with some high-priority transactions reportedly exceeding $200. The surge has occurred over the past 24 hours, with users sharing screenshots of double and even triple-digit transaction fees. While Bitcoin users […]