Bitcoin Breaks $49,000 Barrier as US Approves Spot ETFs – A Turning Point for Crypto Investment
The crypto asset (virtual currency) Bitcoin exceeded $ 49,000 for the first time since December 2021 on the 11th, when trading in physical investment-type exchange-traded funds (ETFs) began. US SEC approves physical ETFs as Bitcoin investment gains momentum – judicial ruling also marks turning point Bitcoin at one point rose 6.7% to $49,021. The US […]
SEC Denies Approval of Physical Bitcoin ETF, Fake Tweet Causes Temporary Market Rally
The US Securities and Exchange Commission (SEC) announced on the 9th that it has not yet approved an exchange traded fund (ETF) that invests in physical Bitcoin. A post on the SEC’s official X account (formerly Twitter) indicated that it had been approved. The post, which included a false comment purportedly from SEC Chairman Gensler, […]
Bitcoin Price Reaches 1-Year High Amid Market Disconnect
The Rise of Bitcoin: A Look at the Market Trends As the global stock and bond markets continue to decline, the crypto asset Bitcoin has reached its highest price in over a year, showcasing a significant disconnect from traditional markets. On the 4th of this month, Bitcoin soared to $42,000, marking a remarkable 5.8% increase […]
XRP Ruling Boosts Crypto Market as Judge Determines Tokens Not Securities
Cryptocurrencies experienced a surge in prices during trading on the 13th New York time. Notably, Ripple’s XRP, which has been at the center of a lawsuit filed by the US Securities and Exchange Commission (SEC), witnessed a substantial increase in value. The SEC’s case against Ripple Labs aimed to determine whether XRP should be classified […]
SEC Asks Court to Freeze US Binance Assets to Protect Client Assets – Bloomberg
The US Securities and Exchange Commission (SEC) is moving to freeze assets linked to US Binance and protect client funds. If a client’s investment is paid overseas, our goal is to return it to the United States and protect it. The SEC announced today that it has asked a court to issue a temporary injunction […]
Kathy Wood Buys More Coinbase Amidst SEC – Bloomberg
Kathy Wood’s exchange-traded fund (ETF) has bought more shares in cryptocurrency exchange Coinbase Global after a lawsuit by the US Securities and Exchange Commission (SEC) sent the stock into a slump. The SEC filed a lawsuit Thursday, alleging the company violated securities rules. Three Ark Investment Management funds, including Wood’s flagship Ark Innovation ETF, bought […]
US Commodity Futures Trading Commission Sues Binance CEO Zhao for Violations – Bloomberg
The world’s largest crypto asset (virtual currency) exchange.The US Commodity Futures Trading Commission (CFTC) has sued Binance Holdings and its CEO Zhao Changpeng for alleged violations of trading and derivatives rules. After the information broke, Bitcoin extended its decline, temporarily dropping 3.9% to $26,722. Binance Coin (BNB), the cryptocurrency issued by Binance, fell by about […]
Signature Bank Under Anti-Money Laundering Scrutiny Ahead of Closure – Bloomberg
US currencySignature Bank to the New York State Monetary Authority on 12thPrior to the bank’s closure, US prosecutors were investigating the bank’s handling of cryptocurrency customers, according to people familiar with the matter. Justice Department officials were investigating whether New York-based Signature had taken adequate measures to prevent money laundering by its customers, the people […]
[Colofn]Reversal scenario fed after bank failure – Orser’s – Bloomberg
The world’s financial system is in turmoil. US Silicon Valley Bank (SVB) has gone bankrupt. Washington Mutual was forced to file for bankruptcy in the wake of the collapse of Lehman Brothers in 2008, making it the largest failure of a financial institution in the United States since then. The Signature Bank of New York […]
Voices are also calling for a significant expansion of NISA’s annual investment quota focus – next year’s tax reform-Bloomberg
The focus of next year’s tax reform will be to make the tax-exempt investment system on small investments (NISA) permanent and the extent to which the annual tax-exempt investment quota can be expanded. The securities industry is calling for a major expansion, but there are various points of contention, and senior officials of the ruling […]
