Jim Cramer’s latest flip-flop was directed at Matrixport analyst Markus Thielen, who issued a report claiming that the U.S. SEC planned to “reject all proposals” for BTC spot-based ETF.
Barry Silbert remains mum on his decision to leave his post as chairman of Grayscale on the same day the firm filed an amended version of its application to convert its GBTC into a spot-based ETF.
This year showed the calm before the storm: the market seems to be heating up for a 2024 bull market, the next Bitcoin halving, and the COPA v Wright trial will kick the year off early.
Google says that from January 29, 2024, companies offering crypto coin trusts in the U.S. can publish their ads but must be licensed and adhere to local laws.
The Financial Supervisory Commission is considering allowing a ‘crypto’ ETF, but it’s waiting to see how other markets develop, including the U.S. where a spot ETF is being weighed.
The pump-and-dump of the XRP on Monday was triggered by reports of BlackRock's filing for an ETF in the U.S., which was confirmed to be fake, with the firm's exec saying it was made by "some whacko."
U.S. regulators made their stance about 'crypto' clear, with the SEC taking 784 enforcement actions against 'crypto' firms and individuals in 2023, while the CFTC filed 96 digital asset cases.
The U.S. Court of Appeals for the D.C. Circuit ruled that the SEC had failed to justify its rejection of the Grayscale spot ETF, particularly in light of approvals given to ETF applications.
Figures show that MicroStrategy has spent $2.49 billion on BTC since 2020, with its price pumping at an average of $29,586, while the firm's revenues were up three percent from last year.
Many in the so-called "crypto" industry herald the coming of spot ETFs as the 'opening of the BTC floodgates' to the average investor, practically assuring the jump in BTC price as a result.
The hike in BTC's fiat price last week is not because it is a "digital gold" with actual utility but based on rumors that the U.S. securities regulator is close to stamping its approval to BlackRock's IBTC ETF application.
Bitcoin thought leader Joshua Henslee released an intriguing video this week asking whether the BlackRock ETF could be a Bitcoin basket holding BSV, BCH, BTC, and eCash.
