As the approval for the ETF draws near, questions arise about who will be responsible for holding the bag and safeguarding our coins. While Twitter is abuzz with self-proclaimed ETF experts discussing minor application details, Coinbase has silently positioned itself as a key player in the future of paper Bitcoin. Surprisingly, Coinbase is listed as […]
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The First Steps Towards a Bitcoin-based Economy The city of Prospera, located in Honduras, has recently made a groundbreaking decision by adopting bitcoin as a unit of account. This move allows companies to not only pay taxes but also determine their financial obligations in bitcoin. Since bitcoin has been recognized as legal tender in Prospera
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Introduction The U.S. Securities and Exchange Commission (SEC) made headlines on Tuesday when its social media account, known as the X account, announced the approval of spot bitcoin exchange-traded funds (ETFs). However, the excitement was short-lived as SEC Chairman Gary Gensler quickly clarified that the announcement was unauthorized and that the account had been compromised.
Bitcoin's Value Plunges After SEC's Misleading Tweet Bitcoin's value took a rollercoaster ride on Tuesday, thanks to a misleading tweet from an official Twitter account of the U.S. Securities and Exchange Commission (SEC). The tweet falsely announced the approval of all spot bitcoin exchange-traded funds (ETFs), causing a surge in bitcoin's price to nearly $48,000
False Spot ETF Approval Post Causes Chaos in Bitcoin Markets Read More »
Standard Chartered's $200K Bitcoin Prediction Standard Chartered, a leading international bank, has made a bold prediction regarding the price of bitcoin. According to the bank's analysts, if spot bitcoin exchange-traded funds (ETFs) are approved by the U.S. Securities and Exchange Commission (SEC), the price of bitcoin could soar to $200,000 by 2025. This approval is
Gary Gensler's Advice to Crypto Investors U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler recently issued a statement urging caution for investors considering crypto investments. This comes in light of the SEC's upcoming decision on the approval of spot bitcoin exchange-traded funds (ETFs). Gensler emphasized the potential risks associated with crypto assets and advised
Cleva Founders' Unique Qualifications Nigerian fintech startup Cleva has recently secured $1.5 million in pre-seed funding, with backing from the U.S. technology startup accelerator Y Combinator. The funding round was led by early-stage venture capital firm 1984 Ventures, along with participation from The Raba Partnership, Byld Ventures, Firstcheck Africa, and several angel investors. According to
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The Australian government's assistant treasurer, Stephen Jones, has expressed his concern regarding the Australian Securities and Investments Commission's (ASIC) failure to issue a consumer warning against the crypto investment scheme, Hyperverse. Jones plans to investigate why ASIC did not follow the lead of regulators in other countries such as the UK, New Zealand, Canada, Germany,
Veteran trader Peter Brandt believes that the expected approval of spot Bitcoin exchange-traded funds (ETF) could be a classic example of a "buy the rumor, sell the news" event. Brandt, who has years of experience as a professional trader, stated that this conclusion is partly based on the enthusiasm of Bitcoin maximalists for the approval
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Self-Directed gold IRAs are great because they let you make investments in gold and other precious metals, without having to engage any middlemen. They are so simple , even your grandmother could use them! When you purchase physical silver, gold, palladium, platinum, Rhodium bars, coins, rounds and bullion, you’ll get immediate liquidity. But if you
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