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Vanguard Rejects Bitcoin ETFs, Citing Cryptocurrency as an Immature Asset Class with No Intrinsic Value

Vanguard, a prominent financial institution, has provided insights into its decision to exclude spot bitcoin exchange-traded funds (ETFs) from its trading platform. An executive from Vanguard emphasized that cryptocurrency is considered an "immature asset class" with no historical track record, intrinsic economic value, or cash flow, and has the potential to disrupt investment portfolios. Vanguard's […]

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Charles Schwab Poised to Disrupt Bitcoin ETF Market with Potential Late Entry

Analysts Predict Charles Schwab's Move to Shake Up Bitcoin ETF Arena In the aftermath of a remarkable 11-day period during which U.S.-based spot bitcoin exchange-traded funds (ETFs) accumulated a trading volume of $25.36 billion, discussions have arisen regarding the potential involvement of Charles Schwab, the American multinational financial services corporation. Eric Balchunas, Bloomberg's lead ETF

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SEC Crypto Enforcement Reached New High in 2023

According to a new report, crypto enforcement actions by the U.S. Securities and Exchange Commission (SEC) reached a new high in 2023, with more than a 50% increase compared to the previous year. The SEC continues to prioritize cryptocurrency-related enforcement, bringing a total of 46 enforcement actions against various digital-asset market participants. SEC Prioritizes Crypto

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Fidelity ROTH IRA Tutorial – How I’m Getting a 51% Return on Investment

Self-Directed Gold IRAs are fantastic because they allow you to put money into precious metals without needing to deal with any middlemen. They are so simple that even your grandma could do it! If you purchase physical silver, gold, platinum, palladium and the rhodium coins, bars rounds, and bullion, you will receive instant liquidity. If

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Global Crypto Ownership Surges 34% in 2023, Bitcoin and Ethereum Lead the Way

Introduction The global cryptocurrency market has experienced significant growth in recent years, with the number of crypto owners increasing by 34% in 2023. According to a report published by Crypto.com, the total number of global crypto owners reached 580 million by December. This surge in ownership was driven by the rising popularity of Bitcoin and

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FTX Reimbursement Plan Faces Objections from Customers

Introduction FTX estate debtors recently submitted a proposal to reimburse customer assets based on their value as of November 11, 2022. However, this plan has faced significant objections from FTX customers, who are dissatisfied with various aspects of the proposed compensation. Let's delve into the objections raised and the concerns expressed by these customers. Objection

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Crypto Snipers Strike Gold as Traders Earn Millions in SAVM Token Launch Frenzy

Lone Sniper Hits $7 Million Jackpot, Trio of Traders Net $1 Million Apiece During SAVM Crypto Launch A recent report from Arkham Intelligence revealed that the launch of the satoshivm (SAVM) token two days ago resulted in three skilled crypto traders, known as snipers, earning a profit of $1 million each. The most successful sniper

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