The U.S. SEC has officially approved the first spot Bitcoin exchange-traded funds (ETFs) after 11 years of rejecting such products, according to a Jan. 10 regulatory filing. The first spot Bitcoin ETF application was filed in 2013, and the SEC rejected every subsequent proposal due to various concerns related to…
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The Web3 user analytics platform Cookie3 announced a partnership with the blockchain press release service Chainwire on Jan. 10. In an X post, Cookie3 explained that the partnership provides companies with ways to track the success of their press releases. It wrote: “While Chainwire amplifies your press releases across multiple…
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Members of the U.S. Securities and Exchange Commission (SEC) commented on the approval of various spot Bitcoin products on Jan. 10. One commissioner, Caroline A. Crenshaw, expressed dissent by raising concerns about fraud and market manipulation as well as broader concerns about Bitcoin. Most notably, she contested the nature of…
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The Federal Bureau of Investigation (FBI) has joined an investigation into a security breach involving the SEC’s X account, Reuters said on Jan. 10. An SEC spokesperson told Reuters: “The [U.S. Security and Exchange Commission] continues to investigate the matter and is coordinating with appropriate law enforcement entities, including the…
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Grayscale acknowledged that the U.S. Securities and Exchange Commission (SEC) approved its spot Bitcoin ETF proposal on Jan. 10. Grayscale CEO Michael Sonnenshein said: “The approval of spot Bitcoin ETFs in the United States is a monumental step forward for GBTC investors and all those who realize the potential for…
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Crypto investors in the United Kingdom have been urged to check if they need to complete a Self Assessment tax return for the 2022 to 2023 tax year ahead of the Jan. 31 deadline, according to a Jan. 9 statement by His Majesty’s Revenue & Customs (HMRC), U.K.’s national taxing…
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Quick Take HODL waves, a visual depiction of Bitcoin’s supply based on when it last moved, are revealing a budding cohort in the digital asset domain. Short-term holders, defined as those retaining Bitcoin for a maximum of 155 days. Looking specifically at investors who have held for three months or…
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Bloomberg Terminal has listed all eleven spot Bitcoin exchange-traded funds (ETF) following their appearance on brokerage platforms, which strongly suggests imminent SEC approval. Bloomberg ETF analyst Eric Balchunas broke the news of the listing and believes the regulator will officially announce the approval within a few hours, between 4 pm…
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Fundstrat Global Advisors managing partner Tom Lee predicts Bitcoin (BTC) could surge to $150,000 within the next 12 months and potentially leap to $500,000 in the next five years. Lee made the statement during an appearance on CNBC’s “Squawk Box” on Jan. 10. His comments come amid significant anticipation in…
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Bankrupt cryptocurrency exchange FTX is seeking court permission to divest several Bahamas luxury real estate properties under the settlement terms with the Bahamian liquidators of FTX Digital Markets, a Jan. 9 court filing suggested. FTX aims to secure permission from the Delaware bankruptcy court to sell these luxurious apartments, provided…