Author name: Peter

The U.S. Securities and Exchange Commission (SEC) has decided to abandon its lawsuit against Debt Box, a crypto company previously accused of defrauding investors of millions. This decision comes after the SEC acknowledged presenting misleading information in court, which undermines the agency's case and credibility. SEC Requests Dismissal of Lawsuit The lawsuit, originally filed against […]

Invesco and Galaxy ETF Fee Slashed in Response to Intense Market Competition In response to the intense competition in the spot bitcoin exchange-traded fund (ETF) market, Invesco and Galaxy Asset Management have made a strategic move to lower the long-term fee of their joint spot bitcoin ETF, the Invesco Galaxy Bitcoin ETF (BTCO). This decision,

Bitcoin: A Digital Equivalent of Gold Douglas Boneparth, the president and founder of Bona Fide Wealth, recently expressed his perspective on bitcoin, likening it to a digital equivalent of gold or a store of value in the digital realm. He highlighted the contrasting approaches between traditional trade finance giants like Blackrock and Fidelity, and crypto-focused

On January 29, 2024, the price of ethereum (ETH) showcases a complex interplay of market factors. Currently, ether is valued at $2,247, with a 24-hour range fluctuating between $2,246 and $2,284. Despite its significant market capitalization of $270 billion, the trading volume for ether remains relatively modest, suggesting caution among investors. Hourly Chart: Volatility Presents