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US Economy Achieves ‘Soft Landing’ as Janet Yellen, US Treasury Secretary, Remains Optimistic

Janet Yellen Affirms 'Soft Landing' Scenario for US Economy Janet Yellen, the US Treasury Secretary and former Chairman of the US Federal Reserve, is confident that the recent positive developments in the American economy indicate a successful 'soft landing.' Yellen specifically highlights the low inflation figures and the robust labor market as indicators of this […]

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Former SEC Chair: Spot Bitcoin ETF Approval Is Inevitable, “There’s Nothing Left to Decide”

Former SEC Chair's Bold Proclamation A bold statement has emerged from former U.S. Securities and Exchange Commission (SEC) Chair Jay Clayton, suggesting that the approval of a Spot Bitcoin Exchange-Traded Fund (ETF) is inevitable. In an interview with CNBC today, Clayton confidently stated, "there's nothing left to decide." Imminent Breakthrough in Bitcoin ETF Regulations Clayton's

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Market Anticipates Rate Cuts as Federal Reserve Considers Target Rate Decisions

Introduction This year, the focus of market observers is once again on the decisions of the U.S. Federal Reserve regarding the federal funds rate. There is a particular anticipation for potential rate cuts in the coming months. However, experts suggest that the central bank is in no rush to make these changes and can afford

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The Crypto App: Empowering Crypto Traders and Investors

Introduction The Crypto App is a comprehensive cryptocurrency tracking, analytics, and content platform that caters to the needs of both crypto traders and investors. With its powerful toolkit, users can gain a deeper understanding of the crypto market, implement data-driven trading strategies, and effectively manage risks. Whether you're a beginner or an experienced trader, The

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The SEC’s Unauthorized Spot Bitcoin ETF Announcement: A Social Media Blunder or Internal Error?

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.

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Bitcoin Reaches $49K High Before Dropping, as ETFs Record $2.3B in Trades by Mid-Day

The Rise and Fall of Bitcoin's Price On January 11, 2024, at 11 a.m. Eastern Time (ET), the newly launched spot bitcoin exchange-traded funds (ETFs) made a grand entrance, boasting an impressive trading volume of $2.3 billion. However, the excitement was short-lived as bitcoin's spot markets took a dramatic turn later that afternoon. The prices

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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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