Author name: Peter

Central Banks Continue to Add Gold to Reserves in November

Central Banks Maintain Gold Rush According to Krishan Gopaul, senior analyst of the World Gold Council, central banks continued to increase their gold reserves in November. Public records and reports from the International Monetary Fund (IMF) showed that central banks purchased a total of 44 tonnes of gold during the month. Emerging Markets Lead the […]

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Gary Gensler’s Warnings on Crypto Investing: What You Need to Know

Understanding the Risks of Crypto Investing Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), has recently expressed concerns about investing in crypto assets. In a series of social media posts, Gensler highlighted the potential risks and lack of regulatory compliance in the crypto industry. His warnings come at a time when

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SEC Expected to Approve Spot Bitcoin ETFs on Wednesday

Anticipation Builds as SEC Decision on Spot Bitcoin ETFs Nears Monday was a day filled with anticipation in the spot bitcoin exchange-traded fund (ETF) race as 10 applicants filed their final amendments with the U.S. Securities and Exchange Commission (SEC), meeting the regulator's 8 a.m. deadline. The market is abuzz with expectations of potential approvals,

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A Look at Cathie Wood’s Expectations for Spot Bitcoin ETFs and the Potential Impact on Bitcoin Price

Introduction Cathie Wood, the CEO of Ark Investment Management, recently shared her insights on the potential approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). In an interview with CNBC, Wood expressed optimism about the approval and its impact on institutional investors. Spot Bitcoin ETF Approvals: A Green Light

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Luetkemeyer’s Retirement Opens Door for Crypto-Friendly Leadership in House Banking Committee

Introduction The retirement announcement of U.S. Rep. Blaine Luetkemeyer (R-Mo.) at the end of 2024 has set the stage for a potential shift in cryptocurrency regulation. With Rep. French Hill (R-Ark.) positioned to take the reins of the House Financial Services Committee, there is a possibility of more progressive legislation in the crypto space. Potential

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Former Bitmex CEO Arthur Hayes Warns of Potential 30% Bitcoin Market Correction

Arthur Hayes' Bitcoin Price Forecast Former Bitmex CEO Arthur Hayes recently shared his predictions for the bitcoin market in a Medium post. In his forecast, he also discussed the potential impact of spot bitcoin exchange-traded funds (ETFs) on the price of bitcoin. The U.S. Securities and Exchange Commission (SEC) is expected to approve several spot

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Saylor Warns of Deepfake Bitcoin Giveaway Scams

Introduction Microstrategy's executive chairman, Michael Saylor, has issued a warning about the rise of new bitcoin giveaway scams that utilize AI-generated deepfake videos featuring him and his company. These scams have been spreading across platforms like YouTube and X, with prominent figures such as Ripple CEO Brad Garlinghouse also being targeted. Saylor's Warning In a

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Financial Watchdog Urges SEC to Reject Spot Bitcoin ETFs, Citing Investor Harm

Financial watchdog group Better Markets has called on the U.S. Securities and Exchange Commission (SEC) to reject spot bitcoin exchange-traded funds (ETFs), warning that they will cause significant harm to investors. The organization features a testimonial from U.S. Senator Elizabeth Warren on its website. Its president, who reportedly has a close relationship with SEC Chairman

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Concerns Mount Over Potential SEC Rejection of Spot Bitcoin ETFs, Analyst Weighs In

Introduction The U.S. Securities and Exchange Commission (SEC) is facing concerns over the potential rejection of spot bitcoin exchange-traded funds (ETFs). Financial watchdog group Better Markets has urged the SEC to reject these ETFs, warning of "financial carnage" and "massive investor harm." The SEC is expected to make a decision on spot bitcoin ETFs early

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