Before the U.S. SEC recently approved ETFs which allowed direct investing in Bitcoin, MicroStrategy co-founder Michael Saylor sold shares in a number of different offerings. In the days leading up to the SEC approval (January 2–January 10), Saylor sold 3,882–5,000 shares, according to Bloomberg data. This was Saylor’s first sale
In the ever-changing world of crypto, where fortunes can soar or sink in an instant, there’s talk of something big on the horizon. Picture this: a powerful duo making waves in the market – the experienced heavyweight, Solana (SOL), and the up-and-coming player, Retik Finance (RETIK). These two have captured
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
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
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
Ethereum (ETH) has experienced a remarkable 20% surge this week, reaching a staggering 620-day high. As the crypto community watches this upward movement with bated breath, the looming question is whether ETH can maintain this momentum and potentially hit the coveted $3,000 mark or if a market correction is imminent.
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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,
Coinbase has teamed up with Africa’s Yellow Card to launch its products in 20 African nations, with an emphasis on growing the accessibility of the USDC stablecoin. Moreover, Coinbase will integrate Yellow Card’s payment rails in Africa as part of the agreement, according to Yellow Card CEO Chris Maurice. This
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