news

Bitcoin's Value Plunges After SEC's Misleading Tweet Bitcoin's value took a rollercoaster ride on Tuesday, thanks to a misleading tweet from an official Twitter account of the U.S. Securities and Exchange Commission (SEC). The tweet falsely announced the approval of all spot bitcoin exchange-traded funds (ETFs), causing a surge in bitcoin's price to nearly $48,000 […]

Cleva Founders' Unique Qualifications Nigerian fintech startup Cleva has recently secured $1.5 million in pre-seed funding, with backing from the U.S. technology startup accelerator Y Combinator. The funding round was led by early-stage venture capital firm 1984 Ventures, along with participation from The Raba Partnership, Byld Ventures, Firstcheck Africa, and several angel investors. According to

Vanguard's Surprising Move Vanguard, a major player in the investment management industry with over $7 trillion in assets, has taken a surprising stance by blocking customer access to Spot Bitcoin Exchange-Traded Funds (ETFs), according to multiple reports. This decision comes as a notable deviation from the growing trend of institutional interest and adoption of Bitcoin-related

Self-DirectedGold IRAs are fantastic as they allow you to place your money in the precious metals and not have to work with middlemen. Actually, these accounts are so simple that even your grandmother could set it up! If you purchase physical silver, gold, palladium, platinum, bar, rounds, and bullion you’ll have immediate liquidity. But if

Self-DirectedGold IRAs are great as they let you put money into precious metals without needing to engage any middlemen. These accounts are so simple , even your grandmother could manage it! When you buy physical gold, silver palladium, platinum and bar, rounds and bullion, you’ll get instant liquidity. If you’re looking to diversify your portfolio

Self-Directed Gold IRAs are great as they allow you to make investments in gold and other precious metals without needing to deal with any middlemen. Actually, these accounts are so simple that even your grandmother could manage it! If you purchase physical gold, silver, platinum, palladium, and Rhodium bars, coins, rounds, and bullion, you get

Spot Bitcoin ETFs Gear Up for Fierce Competition With Low Fees, Teaser Rates, and More As the deadline for SEC approval approaches, spot Bitcoin ETFs are preparing for intense competition in the market. Industry giants like Blackrock and Fidelity have revealed their competitive fee structures, signaling the race to attract investors is heating up. Blackrock,

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, played a crucial role in the approval of 11 spot bitcoin exchange-traded funds (ETFs) in a landmark decision on Wednesday. With a split vote of 2-2 among the commissioners, Gensler's vote tipped the scales in favor of approving the ETFs. Final Votes on

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

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