For innumerable cryptocurrency enthusiasts across the world, the meteoric growth in value of some of the most renowned cryptocurrencies like Bitcoin over the course of the previous few decades has emerged as one of the largest and most notable developments. If you are a crypto enthusiast, I am certain you know how Bitcoin’s valuation has…
The blockchain and crypto sector has witnessed tremendous growth in the last few years. As a result, major financial institutions are beginning to show interest in the sector. Meanwhile, the Spanish bank, Santander, is the latest financial giant to show interest. On July 7th, the Spanish bank said it would conduct an award event in…
Despite the volatility in the crypto market lately, it appears the market is recovering. Moreover, more opportunities may be opening up for crypto investors. Hester Peirce, a SEC commissioner, has questioned the agency’s notion of rejecting ETF applications. The commissioner urged the agency to stop denying the application for crypto exchange-traded products (ETPs). Peirce made…
With the end of 2021 approaching, it is important to note that crypto prices have increased significantly throughout the year and consequently, it has been a profitable year for crypto-asset miners. Statistics reveal that at the end of November, the most profitable coin in terms of mining is kadena, as it is possible to make…
SEC has passed a ruling in which it has rejected the proposal of VanEck with regard to Bitcoin Spot Market ETF on the grounds of lacking consumer protection. Says such an ETF will expose investors and consumers to grave risks. It has been a very short while since when the Securities & Exchange Commission of…
In Australia, a vast-level evolution is being witnessed especially in the matter of Bitcoin (BTC) exchange-traded funds (ETFs) as the fund managers are lining up expecting to acquire approval after the accomplishment of two latest offerings in the United States during the recent week, and it is expected by a few groups that some local…
Although the proposals in the United States regarding a possible Bitcoin exchange-traded fund (ETF) have previously struggled to gain any kind of approval, which would need to be given by the country’s SEC, another nation has managed to be successful by launching its own ETF. Brazil is the country in question, and it just made…
Currently, Brazil possesses two crypto exchange-traded funds (ETFs), and it also appears as if the SEC does not have any problems with the local investors developing an interest in Bitcoin (BTC). However, a particular nominee might not be as supportive. The country could now be putting a halt to its efforts towards boosting the crypto…
The United States’ biggest and one of the world’s largest banks, JPMorgan Chase & Co., has decided to join in on the cryptocurrency craze with the launching of a dedicated fund centered around Bitcoin. This fund will mainly cater to the bank’s wealthier clients and is expected to be launched as early as this upcoming…