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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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Risk of Economic Depression and War: Robert Kiyosaki Urges Investors to Buy Bitcoin

Renowned author and financial expert Robert Kiyosaki, best known for his book "Rich Dad Poor Dad," has issued a warning about the future of the U.S. economy. According to Kiyosaki, our current leaders are on a path that will lead to an economic depression and a war. In light of these concerns, he strongly recommends

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India’s De-Dollarization Push Flounders as Oil Suppliers Cite Rupee Repatriation Concerns

India's Attempt to Pay for Oil in Rupees Fails The Indian Oil Ministry recently admitted that its efforts to pay for oil with rupees have been unsuccessful due to concerns from suppliers about repatriating funds. The goal of this initiative was to reduce India's reliance on the U.S. dollar for cross-border transactions. High Transactional Costs

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The U.S. SEC’s Cash-Only Requirement for Bitcoin ETFs is “Nonsense,” Says Vaneck Director

An Absurd Requirement The director of Digital Assets Strategy at asset management firm Vaneck, Gabor Gurbacs, has criticized the U.S. Securities and Exchange Commission (SEC) for its cash-only requirement for spot bitcoin exchange-traded funds (ETFs). Gurbacs believes that this requirement is unnecessary and called it "nonsense" on social media platform X. Public Companies Already Hold

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