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
Introduction Microstrategy's executive chairman, Michael Saylor, has raised concerns about the emergence of new bitcoin giveaway scams utilizing AI-generated deepfake videos that impersonate him and his company. Saylor emphasized that there is no such thing as a free lunch and urged investors to exercise caution when encountering these fraudulent schemes. Deepfake Videos Targeting Cryptocurrency Investors
Saylor Warns of Deepfake Bitcoin Giveaway Scams Read More »
A financial watchdog group called Better Markets has recently appealed to the U.S. Securities and Exchange Commission (SEC) to turn down spot bitcoin exchange-traded funds (ETFs), stating that they will cause significant harm to investors. The organization features a testimonial from U.S. Senator Elizabeth Warren on its website. The president of Better Markets, who reportedly
Financial Watchdog Urges SEC to Reject Spot Bitcoin ETFs, Citing Investor Harm Read More »
The possibility of the U.S. Securities and Exchange Commission (SEC) rejecting spot bitcoin exchange-traded funds (ETFs) has become a growing concern in the crypto community. This concern arose after Better Markets, a financial watchdog group, called on the SEC to reject spot bitcoin ETFs, citing the potential for "financial carnage" and "massive investor harm." The
Concerns Mount Over Potential SEC Rejection of Spot Bitcoin ETFs, Analyst Weighs In Read More »
