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Bitcoin ETFs: SEC Chairman’s Comments on Regulation of Cryptocurrency Exchanges Dampen Hopes

The future of spot Bitcoin ETFs has been thrown into uncertainty following a recent interview with U.S. Securities and Exchange Commission Chairman Gary Gensler. Gensler appeared on CNBC to discuss the SEC’s recent enforcement action against the cryptocurrency trading platform Kraken. In the interview, he emphasized the importance of full, fair, and truthful disclosure for […]

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Why I’m Bullish On “Historical” NFTs

In 2020, the global NFT market did about $338 million in transaction volume. In 2021, it surpassed $41 billion. Meanwhile, the global physical collectibles market, including trading cards, games, toys, coins, etc., is a $370 billion market. If history is any indication, when a physical market goes digital, it eventually grows even bigger than the […]

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SEC Rejects Another Spot Bitcoin ETF, Citing Inability to Monitor Market as Its Reason

The United States Securities and Exchange Commission (SEC) has reiterated its disapproval of spot Bitcoin ETFs after rejecting another listing request from WisdomTree. The regulatory watchdog threw out a proposed rule change from the CBOE BZX Exchange to list shares of the spot Bitcoin Trust by WisdomTree. The SEC explained that it rejected the ETF […]

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Bitcoin Records New ATH at $67,000, as ETF Space Opens Up to BTC

Bitcoin (BTC) has had a ridiculously bullish session this week as it made history with its first US SEC-approved futures Exchange-Traded Fund (EFT). ProShares Bitcoin Strategy ETF (BITO) launched on Tuesday amid volcanic fanfare and record-breaking ETFs volume. Yesterday, BTC recorded a new all-time high at $67,000 due to the excitement from the news. As […]

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Cryptocurrency Community in Frenzy Following Possible Indication of BTC ETF Approval by SEC

The US SEC triggered a frenzied reaction in the Bitcoin and cryptocurrency community yesterday, following a tweet by its official handle about investing in funds that hold Bitcoin futures contracts. The account (@SEC_Investor_Ed) tweeted that: “Before investing in a fund that holds bitcoin futures contracts, make sure you carefully weigh the potential risks and benefits.” […]

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