Category Archives: News

Could an ETF Threaten the Future of Bitcoin? Insights from Arthur Hayes Arthur Hayes, renowned ex-CEO of Bitmex and cryptocurrency expert, has expressed concerns over the rise of Bitcoin’s spot exchange-traded fund (ETF) and its potential impacts on Bitcoin’s future. According to Hayes, increased interest in these ETF derivatives could result in the majority ofContinue reading “Former Bitmex CEO Arthur Hayes: ETF Success Could Potentially Overturn Bitcoin”

Former SEC Internet Enforcement Head Anticipates Spot Bitcoin ETF Approval John Reed Stark, an ex-official at the U.S. Securities and Exchange Commission (SEC), predicts that the SEC might grant its validation to a spot bitcoin exchange-traded fund (ETF). Stark, a known crypto critic, opines that if this happens, it would be a massive step forwardContinue reading “Former SEC Official Predicts Gary Gensler Might Green-Light Spot Bitcoin ETF”

Blackrock To Contribute $10 Million to Its Bitcoin ETF On January 3 Financial powerhouse and world-renowned asset manager, Blackrock, recently intimated its decision to fund its spot Bitcoin ETF with a total of $10 million by January 3rd. This noticeable response is seemingly a step taken in response to concerns raised by the U.S. SecuritiesContinue reading “Blackrock Announces $10 Million Bitcoin ETF Launch Set for January 3rd”

A Bold Forecast by Galaxy Digital’s Novogratz Mike Novogratz, CEO of the cryptocurrency firm Galaxy Digital, anticipates green-lighting of a spot Bitcoin exchange-traded fund (ETF) by January 10, next year. He has also pictured a scene where, following this approval, Bitcoin revisits its record high of $69,000 and even surpasses it. The finance magnate foreseesContinue reading “Galaxy Digital’s Mike Novogratz Foresees Bitcoin ETF Approval and Regulatory Advances Post-Election by January 10th”

Ripple Effects of the Statements Made by SEC Chairman Gensler About Cryptocurrency The chairman of the United States Securities and Exchange Commission (SEC), Gary Gensler, recently voiced his concerns about compliance issues in crypto investments, hinting at the potential risks blue-chip buyers are missing. With an influx of people experiencing losses they can’t recover, GenslerContinue reading “SEC Chair Gary Gensler Sounds Alarm on Crypto as Expectation for Spot Bitcoin ETF Approval Skyrockets”

Alchemy Pay Partners with Worldpay for Better Cryptocurrency Trading Alchemy Pay, a prominent gateway for crypto-fiat payments, has recently announced a strategic collaboration with Worldpay. As a result of this partnership, Alchemy Pay users will now be enabled to use Worldpay’s Visa and Mastercard payment services through its on and off-ramp tool. The partnership ensuresContinue reading “Worldpay Joins Hands with Alchemy: Revolutionizing Crypto Payments Globally”

New Regulatory Standards for Crypto in New York In a significant move, the New York Department of Financial Services (NYDFS) announced a set of standards for the listing and delisting of digital currencies on Nov. 15, 2023. Affecting Bitlicensees and limited-purpose trust companies, the changes propose regulations for business model considerations of virtual currency entitiesContinue reading “Discover New York’s Latest Guidance on Virtual Currency”

New Regulations Restrict Russian Ownership of Cryptocurrency Firms In an unconventional strategy to add a layer of safety, the European Union recently unveiled additional limitations on its Twelfth bundle of restrictive actions against Russia. The new provisions make it impossible for Russian residents to own or operate businesses that offer cryptocurrency services within the EU.Continue reading “Latest EU Sanctions Deny Russians the Possibility of Crypto Company Ownership”

According to an analysis by professional services consulting firm Grant Thornton, family-owned businesses are becoming more interested in adding cryptocurrency and blockchain technologies to their investment portfolios. Their study shows that over half of such entities are already investing in digital assets, with 38% devoting less than 1% of their investment portfolio to such technologies.Continue reading “Family Offices Now Embracing Blockchain and Crypto, Says Grant Thornton”