The U.S. Securities and Exchange Commission (SEC) is under investigation for suspected market manipulation after a misleading announcement regarding the approval of Bitcoin Spot ETFs. Reports initially suggested the SEC’s endorsement of certain Bitcoin ETF funds, causing Bitcoin’s price to surge above $47,000 before stabilizing around $45,000. BREAKING: Securities lawyers tell @FoxBusiness the @SECGov will […]

Hester Peirce, also known as ‘crypto mom,’ didn’t mince her words in a statement responding to the approval of spot Bitcoin exchange-traded products by her agency after a decade of rejecting them. “Today marks the end of an unnecessary, but consequential, saga,” she said on Jan. 10. The saga likely would have spanned well beyond […]

… cryptocurrency on Wall Street and beyond … cryptocurrency on Wall Street and beyond. The Securities and Exchange Commission, whose three-part …

Today, the United States Securities and Exchange Commission (SEC) has officially approved the listing of the first-ever spot Bitcoin Exchange-Traded Funds (ETFs). This move marks a historic milestone in the evolution of Bitcoin adoption within traditional financial markets. “Today, the Commission approved the listing and trading of a number of spot bitcoin exchange-traded product (ETP) […]

The Bitcoin market was swept into a frenzy following an alleged hack of the US Securities and Exchange Commission’s (SEC) X account, falsely claiming the approval of 11 spot ETFs. This misinformation led to a rollercoaster in Bitcoin’s price, which initially soared from $46,800 to $48,000, only to crash to $45,000 within a span of […]

Whopping one billion Dogecoin just vanished from Binance to unknown wallet, adding suspense to crypto world, as Dogecoin’s lunar landing date unveiled

The growing anticipation surrounding the approval of a Bitcoin ETF in the United States has sparked a wave of optimism in the cryptocurrency market. Currently, over 90% of BTC holders, equivalent to about 970,000 addresses, are enjoying profits despite the recent turbulence caused by fake news about the product’s approval. The event triggering this phenomenon […]

Its official: the Securities and Exchange Commission (SEC) has approved the spot Bitcoin exchange-traded fund (ETF). The confirmation came just before the expiration of today’s (Wednesday) deadline on the application of the Ark 21Shares Bitcoin Trust. The official confirmation came a day after a compromised X account of the SEC falsely announced that the regulator […]

As the overall cryptocurrency market enjoys a robust bullish trend, Litecoin ($LTC) has joined the momentum, securing a 5.5% gain and presently trading at $70. This upward movement aligns with the prevailing enthusiasm surrounding the potential approval of Spot ETFs. Litecoin has initiated the new year on a strong note, processing a noteworthy 6.3 million […]

The recent 33% decline in Ripple’s (XRP) price has raised questions about whether this downward trend will continue or if a correction is nearing its end. Currently, Ripple is finding significant support, which could play a crucial role in determining its next price movement. If this support level holds, it may provide a foundation for […]

Long-awaited approval from US financial authorities means cryptocurrency fans have a new way to trade.

Today, Bitwise Asset Management unveiled a new initiative, confirming their pledge to allocate 10% of profits from the Bitwise Bitcoin ETF (BITB) towards supporting Bitcoin open-source development, according to a press release sent to Bitcoin Magazine.  The donations will benefit three esteemed non-profit organizations – Brink, OpenSats, and the Human Rights Foundation’s Bitcoin Development Fund. “Bitcoin […]

Ethereum has been increasing in the past day in the hopes that an ETH ETF might be next in line on the SEC’s agenda. Meanwhile, the probability of a further bullish continuation seems to remain high, considering what the charts are demonstrating. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price […]

Crypto analyst Ali Martinez has predicted an outstanding long-term price for Cardano (ADA), although subject to some downside before the target is reached. The Cardano (ADA) price is currently declining, down by 4.2% in the past 24 hours and 16.7% in a larger timeframe. The crypto did manage to turn bullish for a few hours […]

With SEC’s approval confirmed, spot Bitcoin ETFs are officially set to launch, marking what some commentators believe is a turning point in Bitcoin’s history. Whatever events unfold from here, it’s worth considering why now is the right time for ETFs to get the green light, and how Bitcoin and the wider crypto industry may be […]

Valkyrie Funds’ co-founder Steve McClurg has discussed the likelihood of Ethereum and XRP ETFs following the SEC’s anticipated approval of a Bitcoin spot ETF

Cboe BZX Exchange has approved the listing of spot Bitcoin ETFs from multiple asset managers, including ARK 21Shares, Invesco Galaxy, Fidelity, VanEck, WisdomTree, and Franklin Templeton. The United States Securities and Exchange Commission (SEC) has yet to give full approval. Still, the Cboe’s approval is a significant step towards approving shares of a spot Bitcoin […]

A closely followed crypto strategist believes that people may be underestimating the upside potential of Bitcoin (BTC) for this market cycle. Analyst Jason Pizzino tells his 93,700 followers on the social media platform X that some traders are already marking the possible approval of a slew of Bitcoin exchange-traded funds (ETFs) as the end of […]

David Yaffe-Bellany reports on the cryptocurrency industry. Jan. 10, 2024Updated 6:06 p.m. ET.

In the cryptocurrency market, savvy investors keep an eye out for opportunities, especially during market dips. Recently, the MVRV (market-value-to-realized-value) ratio, has highlighted several cryptos as significantly undervalued. This raises an intriguing question for seasoned and novice investors whether it is now the time to buy the dip. The Most Undervalued Cryptos The MVRV ratio, […]

According to an analyst, Ethereum (ETH), a leader in decentralized applications (dApps), will likely increase by over 20% soon. Meanwhile, other altcoins including Celestia (TIA) and Web3 funding project, Borroe Finance ($ROE) are attracting massive attention. >>BUY $ROE TOKENS NOW<< Ethereum’s Potential Rally Being the first blockchain-based platform for the development of smart contract-based applications, […]

In a historic move, the US Securities and Exchange Commission (SEC) has approved the first spot Bitcoin ETF (exchange-traded fund), marking a significant milestone for cryptocurrency in the financial markets. This groundbreaking decision has sent ripples through the crypto market, with the Bitcoin going through volatility and altcoins following suit. SEC Approves First Spot Bitcoin […]

Ethereum, the second-largest crypto by market capitalization, is currently exhibiting signs of a bullish breakout, as observed by two prominent analysts in the crypto space. According to World Of Charts, Ethereum shows consolidation within a bullish pennant pattern. This technical formation typically suggests continuing an upward trend in Ethereum’s case. According to the analyst, if […]

On Tuesday afternoon, the official X (formerly Twitter) account of the Securities and Exchange Commission (SEC) posted a much-anticipated tweet: “Today the SEC grants approval for Bitcoin ETFs for listing on all registered national securities exchanges.” However, it was a false announcement as the SEC X account was hacked. SEC Failed to Secure Its X […]

Ethereum showing some growth, but Bitcoin’s strength remains unmatched

Ripple has recently faced heightened selling pressure, propelling the price below a crucial support region that includes the wedge’s lower boundary and the 100-day and 200-day moving averages. However, a completed pullback has recently emerged, confirming the validity of the breakout. XRP Analysis By Shayan The Daily Chart The daily chart reveals a pronounced drop […]

Banking giant Standard Chartered thinks Bitcoin (BTC) could potentially soar to $200,000 by the end of 2025. In a new research note, Standard Chartered analysts predict $50-100 billion worth of cash will flow into spot Bitcoin exchange-traded funds (ETFs) in the US this year, unlocking massive potential gains for the top crypto asset by market […]

Cosmo Jiang, a portfolio manager at digital assets-focused hedge fund Pantera Capital, is highlighting one crypto project that could witness an explosion in activity this year. Stacks (STX) aims to enable smart contracts and decentralized finance (DeFi) applications on Bitcoin (BTC). The project’s native token, STX, is up nearly 95% in the past month. Jiang […]

In a remarkable turn of events, bears traders have reportedly liquidated short positions worth nearly $150 million. This massive liquidation comes in anticipation of the approval of a Bitcoin Exchange-Traded Fund (ETF) by the U.S. Securities and Exchange Commission (SEC). The crypto market has been buzzing with anticipation as the SEC nears its decision to […]

… cryptocurrency. The Securities and Exchange Commission (SEC) later deleted the post and said its account had been "compromised". The social media …

Former U.S. Securities and Exchange Commission (SEC) chairman Jay Clayton is bullish on the prospects of a spot Bitcoin (BTC) exchange-traded fund getting approved. Clayton says in a CNBC interview that the greenlighting of a spot Bitcoin ETF by the SEC is “inevitable”. “I think there’s nothing left to decide… I credit the SEC for […]

Crypto analyst Benjamin Cowen believes that Ethereum (ETH) is about to collapse against Bitcoin (BTC). In a new strategy session, Cowen tells his 789,000 YouTube subscribers that the ETH/BTC ratio is likely repeating a historical pattern and might soon lose a key support level. “I’m not saying it can’t ever bounce, and if it does […]