Thu, September 24

Franklin Templeton Boosts Edge With Spot Bitcoin ETF Fee Slash

Franklin Templeton, one of the issuers of the Spot Bitcoin ETF, made a bold move by cutting its sponsor fee, making it the lowest among its rivals. In its January 12 filing, the company reportedly opted to cut the yearly fee for its Bitcoin ETF from 0.29% to 0.19%. Along

January 12, 2024 2 mins read

U.S SEC Chair Gary Gensler Speaks Up on Spot Bitcoin ETF Decision

Commenting on the reasons for the SEC’s approval of a number of spot bitcoin ETFs for listing and trading, SEC Chair Gary Gensler made it clear that he remains opposed to cryptocurrencies in general. Explaining the SEC’s stance change on bitcoin ETFs was a tough assignment for Gensler. Things “have

January 12, 2024 1 min read

South Korea Cracks Down on International Spot Bitcoin ETFs

South Korean securities companies may have violated regulations by brokering Spot Bitcoin ETFs registered abroad, according to a press statement by the Financial Services Commission (FSC) on January 12. The advice is issued at a time when the FSC is attempting to address the regulatory frameworks and issues presented by

January 12, 2024 1 min read

Best Cloud Mining Platforms for Passive Income in 2024 (Earn at least $1000 per day)

In the modern era of cryptocurrencies, cloud mining stands out as a simple and efficient solution for investors of all levels. This method allows market participants to benefit from cryptocurrency mining, eliminating the complexities associated with setting up and managing complex equipment. $1M Bounty, Waiting for you to pick it

January 12, 2024 2 mins read

Senator Elizabeth Warren Criticizes SEC’s Approval of Bitcoin ETFs

A member of the Senate Banking Committee and a Democrat from Massachusetts, Elizabeth Warren has publicly blasted the SEC for its recent approval of eleven spot bitcoin ETFs.  It is critical that the cryptocurrency industry immediately adopt anti-money laundering legislation; Warren, who is well-known for her cautious attitude toward cryptocurrencies,

January 12, 2024 1 min read

U.S. Inflation Hits 3.4% in December 2023, Sparks Rate Cut Speculation

U.S. inflation increased to 3.4% in December 2023, according to the Consumer Price Index (CPI) statistics issued on Thursday by the United States Bureau of Labor Statistics. A gain of 3.4% occurred in the 12 months ending in December, outpacing the 3.1% growth seen in the 12 months ending in

January 11, 2024 1 min read

SEC Approves Bitcoin ETFs: What’s Next for BTC and Crypto?

In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has given the green light to the country’s first regulated spot Bitcoin exchange-traded funds (ETFs). The approval, granted just a day after a false announcement briefly sent markets into disarray, marks the end of a challenging decade-long journey for

January 11, 2024 2 mins read

BitGo Secures In-Principle Approval for MPI License by Singapore’s MAS

The BitGo crypto custody firm has received an in-principle approval for a Major Payment Institution (MPI) license via its local entity from Singapore’s financial regulator, the Monetary Authority of Singapore (MAS). A post on Twitter declared the in-principle approval by the corporation. This authorization follows BitGo’s acquisition of a crypto

January 10, 2024 2 mins read

BlackRock and ARK 21Shares Slash Spot Bitcoin ETF Fees

Both BlackRock and ARK 21Shares have reduced the fees for their prospective exchange-traded funds (ETFs), following other competitors who announced cutbacks yesterday. The crypto industry is expecting the United States SEC to approve a spot bitcoin ETF as soon as today. After revealing a fee of 30 basis points on

January 10, 2024 1 min read

U.S Senators Demand SEC to Disclose Twitter Hack Details

After the hack of the SEC’s Twitter account on January 9, two U.S senators have demanded that the agency disclose the incident to Congress. On the same day, Senators J.D. Vance and Thom Tillis sent a letter to SEC Chair Gary Gensler, expressing their “serious concerns” about the commission’s internal

January 10, 2024 2 mins read