An independent nonprofit organization said the U.S. Securities and Exchange Commission’s approval of spot bitcoin exchange-traded funds has enabled the “mass marketing of a known worthless, volatile, and fraud-filled financial product to Main Street Americans.” The organization claimed that bitcoin proponents will likely portray the approval as some kind of government endorsement of cryptocurrencies. Large […]

South Korea’s Financial Services Commission raised concerns that domestic securities firms brokering overseas-listed Bitcoin spot exchange-traded funds (ETFs) may violate local laws, according to a Jan. 12 notice. The regulator acknowledged that the country was creating a regulatory regime for the emerging industry but cautioned that the brokerage services for these foreign ETFs might be violating […]

Quick Take BlackRock’s spot ETF, referred to by ticker symbol $IBIT, saw a modest inflow of $111 million on Jan. 11, equivalent to the first gold ETF launch in 2004 of $114 million. However, due to data delays, the full impact of a substantial $1 billion in volume is expected to be reflected in the […]

The post January 2024: Ethereum & Memeinator Price Predictions appeared first on Coinpedia Fintech News The new year is here, and with it, the much anticipated Bitcoin halving which has historically raised magnificent gains not just for Bitcoin itself but also for altcoins coming in its wake. They say a rising tide lifts all ships, […]

The post Scorpion Casino (SCORP) Hype Picks Up As Upcoming Exchange Listing Reveals Results In Investment Frenzy appeared first on Coinpedia Fintech News Scorpion Casino (SCORP) stands out in the market by seamlessly combining immersive gaming and casino experiences with significant profitability. A notable accomplishment is its influential role in the swiftly growing crypto casino […]

The post Could Bitcoin Be on the Verge of a Rally? 3 Reasons Under the Spotlight appeared first on Coinpedia Fintech News Bitcoin is still in the game, even though it couldn’t make up its mind with prices recently. It tried hitting new highs in 2023 but got stuck and couldn’t break free. The price […]

The post Here’s When Bitcoin (BTC) Price Might Hit $1 Million – CEO of Ark Invest Predicts Timeline appeared first on Coinpedia Fintech News The recent approval of a spot Bitcoin ETF by the Securities and Exchange Commission (SEC) has marked a significant milestone for the cryptocurrency market. The ETF, launched with much anticipation, recorded […]

The post Ripple Marks a Pivotal Milestone in Its Journey; InQubeta Outshines Solana Potential appeared first on Coinpedia Fintech News The crypto community is buzzing with the recent news sweeping the market. Ripple (XRP) has experienced significant growth in its wallet count, surpassing a pivotal milestone. This milestone marks the commencement of a series of […]

Coinspeaker Senator Elizabeth Warren Criticizes SEC’s Approval of Bitcoin ETFs In a recent development, US Senator Elizabeth Warren, a key Democratic figure from Massachusetts and a Senate Banking Committee member, has strongly criticized the Securities and Exchange Commission (SEC) for its recent approval of spot Bitcoin exchange-traded funds (ETFs). On January 10, 2024, the SEC […]

Coinspeaker Coinbase Pursues Africa Expansion with Yellow Card Partnership One of the benefits of cryptocurrency and blockchain being such barrier-breaking concepts is that people from all over the world can gain access to them. As such, projects and companies in the blockchain space often find themselves serving an international audience with all sorts of needs. Now, […]