SEC

In a recent survey, only 39% of financial advisors expressed confidence that the U.S. Securities and Exchange Commission (SEC) will approve the spot Bitcoin ETF in 2024. What Happened: According to a study by Bitwise and VettaFi, there is a lack of optimism among financial advisors...

One well-known ETF creator filed to launch several leveraged Bitcoin ETFs – this, as cryptocurrency investors eagerly await a potential approval by the U.S. Securities and Exchange Commission (SEC) on Bitcoin ETFs. What Happened: If you haven't heard the name Matthew Tuttle, chances are you'...

Michael Saylor, co-founder of business intelligence company MicroStrategy Inc. (NASDAQ:MSTR), has sold company shares valued at approximately $216 million. What Happened: According to a Bloomberg report on Wednesday, Saylor has sold nearly $216 million worth of shares in MicroStrategy, a company he...

Entrepreneur Diana Mae Fernandez is facing charges from the Securities and Exchange Commission (SEC) for allegedly defrauding investors through promises of substantial returns from crypto investments while misappropriating the funds for personal use. What Happened: The SEC alleged that Fernandez...

Officials from the Securities and Exchange Commission reportedly engaged in meetings on Thursday with delegates from seven firms, all vying to introduce Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs). What Happened: The SEC convened a meeting on Thursday with representatives from...

Former White House Communications Director and Founder of SkyBridge Capital, Anthony Scaramucci, on Thursday, made a prediction that the Bitcoin Cash (CRYPTO: BCH) Exchange-Traded Fund (ETF) could be approved by the Securities and Exchange Commission (SEC) this week, suggesting that it is an...

Analyst Nate Geraci on Sunday raised concerns about the possibility of the spot Bitcoin (CRYPTO: BTC) exchange-traded funds (ETF) application failing to receive approval. What Happened: Geraci on X said, “If spot bitcoin ETF not approved in January, might be one of bigger rug pulls in crypto...

Bitcoin (CRYPTO: BTC) momentarily dipped under the $42,000 mark on Sunday evening. The apex cryptocurrency plummeted from $43,357 to an intraday low of $41,800 within just 20 minutes. What Happened: Data from LunarCrush reveal a decline in Bitcoin’s social metrics as well. In the last 24...

Artificial intelligence is one of the biggest topics among the financial sector and publicly traded companies. As companies explore use cases and ways they can grow with AI, the chairman of the SEC is warning them not to oversell their capabilities. What Happened: SEC Chairman Gary Gensler was a...

TerraClassicUSD (CRYPTO: USTC), the remnant of the collapsed Terra blockchain, has surged 300%  in the past week.  What Happened: The rise in investor interest follows the news that cryptocurrency exchange Binance has started offering perpetual contracts for USTC, and as details of a proposed...

The US Treasury Department’s suggested regulations for the burgeoning cryptocurrency industry have met with strong opposition from Republican lawmaker, Rep. Tom Emmer (R-Minn.). What Happened: As reported by The Block, the Treasury Department has proposed to Congress the introduction of new...

‘Rich Dad Poor Dad’ on Tuesday expressed his viewpoint on the global economic climate, recommending the purchase of a Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) as he believes the economy is “slowing to possible depression.” What Happened: Kiyosaki on X posted, "...

Despite facing a series of controversies, Elon Musk’s brain implant startup, Neuralink, has secured an additional $43 million in funding. What Happened: Neuralink’s funding was increased from $280 million to $323 million in early August. As per the SEC filing published last week,...

Major cryptocurrencies experienced mixed trading on Sunday evening following a crucial meeting between BlackRock Inc (NYSE:BLK), Nasdaq representatives, and the Securities and Exchange Commission (SEC). The meeting aimed to discuss the proposed rule regarding the listing of a spot Bitcoin exchange-...

Senator Cynthia Lummis (R-Wyo.), on Tuesday, criticized the Securities and Exchange Commission for its current approach to crypto regulation, arguing that the agency often resorts to “ruling by enforcement”. What Happened: Lummis expressed her disapproval on X, formerly Twitter,...