Introduction The Chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has issued a warning to investors considering crypto investments. This comes amidst market expectations of the imminent approval of spot bitcoin exchange-traded funds (ETFs). In a social media post, Gensler urged caution and highlighted the serious risks involved in investing in crypto […]
The Insight from Jim Cramer Jim Cramer, the host of CNBC's Mad Money show, recently made a statement about bitcoin, suggesting that it may be topping out. However, he also emphasized that bitcoin is a technological marvel and here to stay. Cramer's remarks came amid a surge in the crypto market, with bitcoin surpassing $47,000.
Jim Cramer Says Bitcoin is Topping Out, But It’s Here to Stay Read More »
Spot Bitcoin ETFs: A Controversial Investment The former head of internet enforcement at the U.S. Securities and Exchange Commission (SEC), John Reed Stark, has expressed serious concerns about spot bitcoin exchange-traded funds (ETFs). The SEC is expected to approve these ETFs on Wednesday, but Stark warns that they could lead to "financial ruin" for investors.
Former SEC Official Criticizes Spot Bitcoin ETFs as a Recipe for Financial Disaster Read More »
Central Banks Kept Buying Gold in November According to Krishan Gopaul, a senior analyst at the World Gold Council, central banks around the world continued to add gold to their reserves in November. Public records and reports from the International Monetary Fund (IMF) show that these banks purchased a total of 44 tonnes of gold
Gold Rush Continues – Central Banks Purchased 44 Tonnes in November Read More »
The Concerns Raised by SEC Chairman Gary Gensler The Chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, recently expressed his concerns regarding investing in cryptocurrency assets. In a series of social media posts on Monday, Gensler highlighted the potential risks and lack of regulatory compliance in the crypto industry. His warnings come
Gary Gensler’s Warnings on Crypto Investing: What You Need to Know Read More »
Spot Bitcoin ETFs Anticipated to Receive SEC Approval The U.S. Securities and Exchange Commission (SEC) is expected to green-light "a handful" of spot bitcoin exchange-traded funds (ETFs) on Wednesday, potentially unleashing a wave of trading this week. On Monday, 10 applicants submitted their final amendments, including Blackrock, which also filed to register its Ishares Bitcoin
The SEC Expected to Approve Multiple Spot Bitcoin ETFs This Week Read More »
Spot Bitcoin ETF Approvals: Cathie Wood's Perspective 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 discussed the significance of these ETFs and their impact on institutional investors.
Ark Invest CEO Cathie Wood Expects Spot Bitcoin ETFs to Drive Bitcoin Price Higher Read More »
Rep. Blaine Luetkemeyer's retirement at the end of 2024 presents an opportunity for a new era in cryptocurrency regulation, with Rep. French Hill (R-Ark.) positioned to lead the charge in the House Financial Services Committee. Shift in House Financial Services Committee Leadership Could Lead to More Progressive Crypto Legislation In a move that could impact
Luetkemeyer’s Exit Sets Up Potentially Crypto-Friendly Turn in House Banking Committee Read More »
Janet Yellen's Assessment of the U.S. Economy Janet Yellen, former Chairman of the U.S. Federal Reserve and current U.S. Treasury Secretary, believes that recent improvements in the American economy indicate that the country has achieved a soft landing. She points to low inflation figures and a robust labor market as indicators of this positive scenario.
Janet Yellen Declares U.S. Economy Reached ‘Soft Landing’ Scenario Read More »
Former Bitmex CEO's Bitcoin Price Forecast Former CEO of Bitmex, Arthur Hayes, has recently shared his predictions for a potential correction in the bitcoin market. In a Medium post, Hayes stated that he expects a 30% to 40% correction due to a dollar liquidity rug pull. He also warned that the introduction of spot bitcoin