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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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The SEC Approves 11 Spot Bitcoin ETFs, Ethereum Rallies Amidst Market Shifts

Mass Approvals: SEC Green-Lights 11 Spot Bitcoin ETFs The U.S. Securities and Exchange Commission (SEC) has made history by approving 11 spot bitcoin exchange-traded funds (ETFs) for listing and trading on U.S. stock exchanges. This long-awaited move comes after years of anticipation and regulatory hurdles. The approved spot bitcoin ETFs are set to begin trading

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Meme Tokens Defy Crypto Slump: Sunday Sees Gains in the Meme Coin Sector

Meme Tokens Experience Growth Amidst General Decline Recent data reveals that while the overall crypto economy is facing a downturn, the meme coin sector has defied the trend with a 3.2% increase in the last 24 hours. Notably, leading meme coins dogecoin (DOGE) and bonk (BONK) have observed respective surges of 1.2% and 9%. Additionally,

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Arizona State Senate Considers Bitcoin ETFs for State Retirement Systems

The Arizona State Senate is contemplating a plan to encourage the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS) to explore the incorporation of Bitcoin ETFs in their investment portfolios. Senate Approval and House Review On February 22, the bill successfully passed the Senate's Third Reading with a 16-13 vote

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The Rise of the United States as a Bitcoin Whale: A Closer Look at Government Seizures

The United States federal government has recently expanded its significant Bitcoin holdings by transferring $922 million from wallets linked to Bitfinex hackers in a seizure. This move marks another step in a series of seizures and asset forfeitures that have helped the US government amass a substantial amount of Bitcoin, establishing it as one of

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Blackrock’s Bitcoin ETF IBIT Ranks as Second Largest U.S. Spot Bitcoin ETF

Introduction In a recent interview, Rachel Aguirre, the head of product for Blackrock's Ishares U.S., discussed the significant inflows witnessed by the firm's new spot bitcoin exchange-traded fund (ETF), known as IBIT. Aguirre highlighted that the IBIT ETF has attracted a diverse group, including retail investors, self-directed investors, and those who were ready to invest

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Ethereum’s Dencun Upgrade Launches Successfully on Goerli Testnet

Dencun Upgrade Triumphs on Goerli Testnet After Initial Delay The Ethereum network has achieved a significant milestone by successfully implementing the Dencun upgrade on its Goerli testnet. This upgrade is part of Ethereum's ongoing efforts to introduce cost-effective data storage solutions on its blockchain. Despite a brief four-hour delay caused by a technical glitch, the

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Peter Schiff Predicts Bitcoin Price Decline as SEC Chair Gary Gensler Plans New Crypto Regulations

Economist and gold bug, Peter Schiff, has made a prediction that the Chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, will soon introduce strict regulations for cryptocurrencies. According to Schiff, these new regulations will lead to a significant drop in the price of bitcoin. Unlike previous regulations, Schiff believes that Gensler's focus

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Franklin Templeton Expands Crypto Portfolio and Anticipates More ETP Filings

Franklin Templeton Recognizes Crypto Potential Franklin Templeton, a leading investment management giant with $1.5 trillion in assets under management, is actively exploring opportunities in the cryptocurrency market. After the recent approval of 11 new spot bitcoin exchange-traded funds (ETFs), Sandy Kaul, the Head of Digital Assets at Franklin Templeton, predicts a surge in filings for

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