All eyes on SEC as fate of BlackRock spot Bitcoin ETF hangs in the balance
The SEC is approaching its deadline to make a decision on the BlackRock spot Bitcoin ETF. The industry is waiting anxiously to see if the proposal will be approved, which could open the door for more ETFs in the crypto market.
Bitcoin Bond gets regulatory approval in El Salvador
El Salvador has approved the world’s first Bitcoin Bond, set to launch in the first quarter of next year. This is a significant milestone for Bitcoin adoption and could pave the way for other countries to explore similar financial instruments.
El Salvador’s Bitcoin “Freedom Visa” nears capacity
The newly launched Bitcoin “Freedom Visa” in El Salvador is reportedly close to reaching its capacity and is expected to sell out before the end of 2023. This highlights the growing interest and demand for Bitcoin in the country.
Financial giants meet with the SEC to discuss Bitcoin ETFs
Major financial institutions like BlackRock, Grayscale, Fidelity, and Franklin Templeton have met with the SEC to discuss the possibility of launching spot Bitcoin ETFs. These discussions could shape the future of ETFs in the crypto market.
Ether could overshadow Bitcoin in 2024, say JP Morgan analysts
JP Morgan analysts predict that Ether could outperform Bitcoin in 2024, surpassing the hype around Bitcoin ETFs. This suggests that Ethereum’s potential is not to be underestimated.
SEC delays decision on Invesco Galaxy Ethereum ETF
The SEC has decided to delay its decision on the Invesco Galaxy Ethereum ETF, pushing the final verdict to 2024. This delay could impact the future of Ethereum ETFs and the wider crypto market.
SafeMoon files for bankruptcy amid fraud accusations
SafeMoon, a once-thriving protocol, has filed for Chapter 7 bankruptcy due to allegations of fraud and mismanagement. This serves as a cautionary tale in the volatile crypto industry.
Worldcoin’s World ID 2.0 expands verification options
Worldcoin’s upgraded World ID 2.0 now allows users to verify their humanity on various platforms, such as Microsoft, Reddit, Telegram, and Shopify. This adds convenience and accessibility to Worldcoin’s users.
Conio partners with Coinbase to expand digital assets in Italy
Cryptocurrency wallet Conio has formed a partnership with Coinbase to bring a wide range of digital assets to banks and financial institutions in Italy. This collaboration opens up new opportunities for crypto adoption in the country.
UK crypto sector sees significant growth in 2023
The crypto sector in the UK has experienced remarkable growth, with a reported $1.9 billion in revenue in 2023, marking a 137% year-over-year increase from 2022. This suggests a thriving crypto ecosystem in the UK.
Vaneck predicts crypto trends for 2024
Investment management firm VanEck has offered insights and predictions on crypto trends for 2024, providing valuable information for investors and industry observers.
Pudgy Penguins plans entry into gaming industry
Ethereum-based NFT collection Pudgy Penguins is preparing to enter the gaming industry through its upcoming Pudgy World. This expansion demonstrates the growing intersection between NFTs and gaming.
Donald Trump launches Mugshot Edition NFT collection
Former US president Donald Trump has announced a new NFT collection called the “Mugshot Edition,” which alludes to his legal troubles. This shows the continued integration of prominent figures into the NFT market.
Ledger addresses recent hack
Ledger CEO Pascal Gauthier has addressed the recent hack that affected Ledger and its systems. This aims to reassure the community and provide transparency regarding the incident.
OKX DEX falls victim to security exploit
OKX DEX experienced a security breach, resulting in a significant loss of over $400,000 in user funds. This highlights the importance of robust security measures in the crypto industry.
Bitcoin’s inscriptions flagged as cybersecurity risk
The US National Vulnerability Database (NVD) has identified Bitcoin’s inscriptions as a cybersecurity risk due to a security flaw that enabled the development of the Ordinals Protocol in 2022. This emphasizes the need for strong security protocols in the crypto space.
SEC denies Coinbase’s petition for new asset regulation
SEC Chair Gary Gensler has stated that the existing regulations are sufficient, rejecting Coinbase’s petition for new digital asset regulation. This decision sheds light on the SEC’s stance towards regulatory frameworks.
SEC hints at shift in approach to Bitcoin ETFs
SEC Chair Gary Gensler has suggested a possible shift in the SEC’s approach towards spot Bitcoin ETF applications in a recent interview with CNBC. This indicates potential changes in the regulatory landscape for ETFs.
Tether implements freezing policy for OFAC-sanctioned individuals
Tether, the issuer of the world’s largest stablecoin, has announced a voluntary freezing policy for individuals sanctioned by OFAC. This demonstrates Tether’s commitment to cooperating with law enforcement agencies.
Digital Asset Anti-Money Laundering Act gains support
The Digital Asset Anti-Money Laundering Act, proposed by Senator Elizabeth Warren, has gained support from five new senators. This highlights the growing recognition of the need for AML regulations in the crypto industry.
CFTC chairman claims most cryptocurrencies are commodities
The chairman of the CFTC has stated that most cryptocurrencies should be classified as commodities. This statement indicates an ongoing jurisdictional dispute between the CFTC and the SEC in regulating cryptocurrencies.
Russia considers exporting cryptocurrencies produced from mining
Russia’s Ministry of Finance is contemplating exporting cryptocurrencies that are mined within the country’s borders. This reflects the country’s interest in capitalizing on the economic potential of crypto mining.
Hot Take: SEC’s decision on BlackRock spot Bitcoin ETF could shape crypto investment landscape
The SEC’s impending decision on the BlackRock spot Bitcoin ETF has significant implications for the future of crypto investments. If approved, it could open doors for more ETFs, expanding access for investors. However, the outcome remains uncertain, and the industry awaits the SEC’s verdict with anticipation.
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