Cryptocoins News / Finance Magnates - 10 months ago
Bitcoin experienced a substantial correction following the approval and listing of the much-hyped 11 spot Bitcoin exchange-traded funds (ETFs) in the United States. At one point on Friday, the cryptocurrency's value decreased by approximately 10 perc...
Cryptocoins News / Finance Magnates - 10 months ago
The German football club Bayern Munich has solidified its presence in the crypto space by sealing a multi-year partnership with Austrian cryptocurrency company Bitpanda. The deal, effective immediately, designates Bitpanda as the new platinum partner...
Cryptocoins News / Finance Magnates - 10 months ago
Cboe Digital has launched margined Bitcoin and Ether futures. Collaborating with industry giants like Blockfills, DV Trading LLC, Jump Trading Group, Marex, and Wedbush, Cboe Digital offers spot and leveraged derivatives trading on a single platform....
Cryptocoins News / Finance Magnates - 10 months ago
Genesis Global Trading has agreed to a settlement with the New York Department of Financial Services (NYDFS). The company, known for its crypto lending services, will pay a fine of $8 million, relinquish the BitLicense obtained in 2018, and cease all...
Cryptocoins News / Finance Magnates - 10 months ago
In a pivotal moment within the Eurozone's financial realm, Banco de España's announcement of a wholesale CBDC pilot has set the stage for potential transformations in the digital currency landscape. This initiative, independent of the European Centra...
Cryptocoins News / Finance Magnates - 10 months ago
Despite the recent approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC), the South Korean Financial Services Commission (FSC) has stated that it would not permit the trading of cryptocurrencies on i...
Cryptocoins News / Finance Magnates - 10 months ago
CoinShares International Limited has officially exercised its option to acquire Valkyrie Funds LLC, the US digital asset manager's investment advisory business specializing in actively managed cryptocurrency exchange-traded funds (ETFs). This strateg...
Cryptocoins News / Finance Magnates - 10 months ago
In a recent filing on January 11, the US Securities and Exchange Commission (SEC) has intensified its legal pursuit against Ripple Labs, Inc., seeking to compel the blockchain company to provide crucial financial documents. The SEC's move is part of...
Cryptocoins News / Finance Magnates - 10 months ago
Bitcoin exchange-traded funds (ETFs) have created a lot of hype in the market. However, the demand for the just-listed products failed to convince one major American player. The brokerage arm of Vanguard confirmed that it will not allow customers to...
Cryptocoins News / Finance Magnates - 10 months ago
The United States witnesses the commencement of pre-market trading for its first-ever Bitcoin exchange-traded funds (ETFs) today (Thursday). BlackRock's iShares Bitcoin Trust (IBIT) took the lead, soaring an impressive 22.25% in pre-market trading, C...
Cryptocoins News / Finance Magnates - 10 months ago
The stocks of the cryptocurrency exchange Coinbase and Robinhood dropped following the recent approval of spot Bitcoin exchange-traded funds (ETFs). According to a report by CNBC, Coinbase experienced a decline of over 6% in its shares, while Robinh...
Cryptocoins News / Finance Magnates - 10 months ago
WisdomTree has launched its spot Bitcoin exchange-traded fund (ETF) in the US. Dubbed WisdomTree Bitcoin Fund (BTCW), this fund has debuted on the Cboe BZX Exchange, providing investors in the US with an avenue to gain exposure to the price of Bitcoi...
Cryptocoins News / Finance Magnates - 10 months ago
After many years of waiting, investors will finally see the launch of the first-ever spot Bitcoin (BTC) exchange-traded fund (ETF) in history. The market was immediately flooded not with one or five but nearly a dozen such investment products that sh...
Cryptocoins News / Finance Magnates - 10 months ago
Financial markets are a rollercoaster of uncertainty and unpredictability. Warren Buffett once said: “The only value of stock forecasters is to make fortune-tellers look good.” Crypto is like that, but on steroids. No wonder, then, that every once in...
Cryptocoins News / Finance Magnates - 10 months ago
KuCoin Research has released its monthly report for January 2024, highlighting a notable resurgence in Web3 investments. During this period, seed rounds and strategic financing increased, with 22% of projects securing funding that exceeded USD $10 mi...
Cryptocoins News / Finance Magnates - 10 months ago
“This is a pivotal moment that legitimizes Bitcoin’s future,” said LMAX Group’s CEO, David Mercer, after the Securities and Exchange Commission approved 11 Bitcoin exchange-traded fund (ETF) applications.The crypto industry has received the much-anti...
Cryptocoins News / Finance Magnates - 10 months ago
The Securities and Exchange Commission (SEC) yesterday (Wednesday) approved the spot Bitcoin exchange-traded fund (ETF) application of 11 firms in one go. Now, spot Bitcoin ETFs will be listed on the US stock exchanges starting today (Thursday) and c...
Cryptocoins News / Finance Magnates - 10 months ago
India has ramped up its regulatory measures against offshore cryptocurrency exchanges, directing Apple to remove apps from crypto exchanges such as Binance from its App Store within the country. According to a report by Bloomberg, this recent escalat...
Cryptocoins News / Finance Magnates - 10 months ago
The European Central Bank (ECB) has embarked on a significant journey toward the potential implementation of a digital euro. The latest development involves the opening of applications for vendors to provide essential services, signaling a tangible s...
Cryptocoins News / Finance Magnates - 10 months ago
BlackRock and Ark Investment Management have slashed fees for their planned spot bitcoin exchange-traded funds (ETFs). BlackRock's iShares Bitcoin Trust has lowered its fee from 0.30% to 0.25%, while Ark 21Shares Bitcoin ETF reduced its fee to 0.21%...
Cryptocoins News / Finance Magnates - 10 months ago
The fake announcement of the approval of the Bitcoin exchange-traded fund (ETF) resulted in the liquidation of nearly $90 million worth of Bitcoin long and short positions in less than an hour yesterday (Thursday).Opportunistic Traders Paid a Heavy P...
Cryptocoins News / Finance Magnates - 10 months ago
BitGo, a provider of financial services in the digital realm, has announced that its subsidiary, BitGo Singapore Pte. Ltd., has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution Licence.Clie...
Cryptocoins News / Finance Magnates - 10 months ago
On Tuesday afternoon, the official X (formerly Twitter) account of the Securities and Exchange Commission (SEC) posted a much-anticipated tweet: “Today the SEC grants approval for Bitcoin ETFs for listing on all registered national securities exchang...
Cryptocoins News / Finance Magnates - 10 months ago
The Securities and Exchange Commission (SEC) encountered a significant stir after its Twitter account appeared to announce approval for spot Bitcoin exchange-traded funds (ETFs). However, contrary to the tweet's assertion, the SEC's Chair, Gary Gensl...
Cryptocoins News / Finance Magnates - 10 months ago
With SEC's approval confirmed, spot Bitcoin ETFs are officially set to launch, marking what some commentators believe is a turning point in Bitcoin’s history. Whatever events unfold from here, it’s worth considering why now is the right time for ETFs...
