The Securities and Exchange Commission (SEC) has made significant progress in its case against Gemini Trust Co. and Genesis Global Capital, accusing them of illegally offering unregistered securities through their interest-paying product, Gemini Earn. US District Judge Edgardo Ramos recently…
Explore the potential impact of the SEC’s decision on Ethereum ETFs by May 23
The investment world stands at the cusp of a potentially transformative event. In May, the U.S. Securities and Exchange Commission (SEC) is poised to make a decision that could forever alter the landscape of cryptocurrency investment. The focus is on…
JPMorgan Chase Faces $18 Million Penalty for Discouraging Whistleblowers and Coercing Confidentiality Agreements. Can Jamie Dimon still bad mouth Bitcoin?
JPMorgan Chase, a prominent US banking institution, recently faced a significant penalty of $18 million imposed by the US Securities and Exchange Commission (SEC) due to allegations of actively discouraging clients from reporting illegal activities. The scrutiny by the SEC…
The Dawn of a New Era: U.S. SEC Approves 11 Spot Bitcoin ETFs – Details and List
In a move that’s set to revolutionize the cryptocurrency landscape, the U.S. Securities and Exchange Commission (SEC) has recently approved 11 applications for spot bitcoin Exchange-Traded Funds (ETFs). This groundbreaking decision ends a decade-long wait and signals a pivotal moment…
Vanguard’s Restriction on Spot Bitcoin ETF Access: Prioritizing Stability Over Trend
Vanguard, a global powerhouse in investment management with over $7 trillion in assets, has recently made a decision that diverges sharply from the current trends in the financial world. The firm has declared its intention to block customer access to…
Recap of Crypto 2023: Top 5 Events That Caused Massive Earthquake in The Crypto Industry In 2023
The year 2023 proved to be a rollercoaster journey for the crypto industry. A series of events transformed the space, influencing institutional investors. So, in the midst of the increase of Spot Bitcoin ETF applications and regulatory delays, there were…
Ark and BlackRock in Crypto ETF Race as SEC Decision Looms
The landscape of digital assets is on the verge of a significant shift as several prospective issuers, including Ark, Fidelity, Invesco, Galaxy Digital, and WisdomTree, filed amended forms for their applications for exchange-traded funds (ETFs) investing directly in Bitcoin in…
With Spot Bitcoin ETFs Approval Window Opening in Less Than 20 Days, Here’s How to Plan
The next window for the approval of Spot Bitcoin ETFs is around the corner, and not many know how to prepare properly. Apparently, without proper preparations and getting ready, one can’t properly take advantage of the situation. So, prepare as…
Navigating Crypto Investments: SEC’s Latest Warning Unveiled
Key Highlights: In a recent advisory, the U.S. Securities and Exchange Commission (SEC) has once again emphasized the substantial risks associated with investing in crypto asset securities. This warning, echoing past alerts, underscores the speculative and volatile nature of these…
Cathie Wood: SEC Engaging on Bitcoin ETF Application Signals Regulatory Shift
In a recent development, the Securities and Exchange Commission (SEC) has taken a significant step by initiating inquiries into Bitcoin Exchange-Traded Funds (ETFs), signaling a notable shift in behavior. This move has captured the attention of industry participants, as it…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
