Author name: Peter

SEC Commissioner Caroline A. Crenshaw Dissents Against Approval of Spot Bitcoin ETFs

Concerns Raised by Commissioner Caroline A. Crenshaw Commissioner Caroline A. Crenshaw has expressed her dissent against the recent approval of spot bitcoin ETFs by the SEC. In her statement, she highlights several concerns related to market manipulation, concentration of bitcoin ownership, and the inadequacy of current regulatory measures in safeguarding investor interests. Market Manipulation Risks […]

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Bitcoin ETFs: Better Markets Criticizes SEC Approval, Calls it “Mass Marketing” of a Worthless Asset

The Concerns Raised by Better Markets The recent approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) has drawn criticism from Better Markets, an independent nonprofit organization focused on promoting public interest in financial markets and the economy. According to Better Markets, this approval has essentially allowed for the

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Senator Elizabeth Warren Criticizes SEC’s Approval of Bitcoin ETFs

Senator Elizabeth Warren's Criticism U.S. Senator Elizabeth Warren has strongly criticized the U.S. Securities and Exchange Commission (SEC) for approving spot bitcoin exchange-traded funds (ETFs). According to Warren, the SEC is both "wrong on the law and wrong on the policy" regarding their decision on bitcoin ETFs. Immediate Criticism of SEC's Approval Warren's criticism comes

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Does Fidelity offer a gold IRA?

Self-Directed gold IRAs are great because they let you invest in precious metals without having to work with middlemen. They are so simple that your grandmother could set it up! When you buy physical silver, gold palladium, platinum, bar, rounds, and bullion, you will receive immediate liquidity. If you’re looking to diversify your portfolio with

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GBTC’s Closing NAV Discount and Steep Fees Trigger Outflows, ETF Analyst Expects ‘More Over Time’

Reduced NAV Discount Prompts GBTC Outflows Last week, the U.S. Securities and Exchange Commission (SEC) approved the launch of 11 diverse spot bitcoin exchange-traded funds (ETFs). These new ETFs generated a significant trading volume of $7.65 billion in just their first two days on the market. However, Grayscale's GBTC experienced notable outflows during the same

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Bitcoin ETFs and Crypto Stocks Face Declines in Market

Bitcoin ETFs Experience Trading Volume Despite Market Decline While spot bitcoin exchange-traded funds (ETFs) saw significant trading activity on Thursday and Friday, publicly-listed crypto companies faced losses as the market closed on Friday. Marathon Digital Holdings' shares plummeted by over 15%, and Coinbase Global's stock registered a loss of more than 7% during trading sessions

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$311 Million in NFT Sales Amidst Fluctuating Blockchain and Collection Performances

Weekly NFT Sales Reach $311 Million With Bitcoin Leading, Ethereum and Polygon See Impressive Growth In the past week, the non-fungible token (NFT) market witnessed sales totaling $311.31 million, representing a slight uptick of just 0.05% from the previous week. While this may seem unremarkable, it's important to note that Bitcoin NFT sales have consistently

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Vanguard Doubles Down on Anti-Bitcoin and Anti-Crypto Stance, Blocks Access to Spot Bitcoin ETFs

Vanguard's Strong Stance Against Cryptocurrency Investing giant Vanguard has reaffirmed its opposition to cryptocurrencies and bitcoin by blocking investors from accessing spot bitcoin exchange-traded funds (ETFs) recently approved by the U.S. Securities and Exchange Commission (SEC). Additionally, Vanguard has announced that it will no longer allow the purchase of cryptocurrency products, including bitcoin futures ETFs.

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