Browsing Category
Bitcoin
Bitcoin Spot ETF Proposals to Be Rejected by SEC: Matrixport
"SEC Chair Gensler is not embracing crypto in the U.S., and it might even be a very long shot to expect that he would vote to approve bitcoin spot ETFs," Matrixport said.
Bitcoin Slumps as $400M Liquidated in Two Hours
Bitcoin slid 8% from a 20-month high on Wednesday as jitters around the anticipated approval of a spot BTC ETF began to enter the market.
Euro at 25: ECB President Christine Lagarde Calls Euro the ‘World’s Second Most Important Currency’
The president of the European Central Bank Christine Lagarde and fellow European Union leaders recently hailed the euro for its role in giving the bloc “greater sovereignty in a turbulent world.” The EU leaders added, however,…
Report: Turkey Exits From Foreign Exchange Protected Deposit Program
On Jan. 1 Turkey ended its two-year-old foreign exchange (FX)—protected deposit program in what is seen as another step towards a return to orthodoxy. Treasury and Finance Minister, Mehmet Simsek also signaled the start of what he called a…
Study: Only 6% of Crypto Exchanges Integrated the Lightning Network
A new research study has partly attributed the growth in the use of bitcoin “as a transactional layer” to the increased number of crypto platforms that have joined the Lightning Network ecosystem. The study however found that…
Ordinals Founder Casey Rodarmor Warns Bitcoin Maxis That ‘Whining’ Makes Them ‘Look Weak’
Casey Rodarmor, the developer of the Ordinals protocol, has called out ideological Bitcoin maxis for their views on inscriptions and censoring transactions on the Bitcoin blockchain. Rodarmor stated that the “whining” around the…
Jim Cramer: Bitcoin Can’t Be Killed — It’s a Technological Marvel That Is Here to Stay
Jim Cramer, the host of CNBC’s Mad Money show, has made some bullish statements regarding Bitcoin. Noting that the crypto cannot be killed, he emphasized: “It’s a technological marvel, and people have to start…
New Crypto Tax Law Takes Effect in US: Transactions of $10,000 or More Must Be Reported to IRS…
A new tax reporting law has entered into force in the U.S. Starting on Jan. 1, all Americans receiving $10,000 or more in crypto in the course of their trade or business must file a report with the Internal Revenue Service (IRS) within 15…
SEC Still Processing Spot Bitcoin ETF Paperwork, Report
Anticipation of spot bitcoin exchange-traded fund (ETF) approvals by the U.S. Securities and Exchange Commission (SEC) remains high, but the securities regulator reportedly still has a lot of paperwork to go through. While some speculate on…
Grayscale Updates Spot Bitcoin ETF Application but Left out Some Key Information
Crypto asset management firm Grayscale Investments has updated its spot bitcoin ETF filing in hope of being included in the initial round of decisions by the U.S. Securities and Exchange Commission (SEC). However, the firm has omitted some…