In a surprising turn of events, the Securities and Exchange Commission’s (SEC) official Twitter account was hacked, resulting in a false tweet claiming that Bitcoin ETF applications had been approved. This incident shed light on the intense anticipation surrounding the approval of a Bitcoin ETF. The price of Bitcoin experienced a notable surge before plummeting
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Ethereum, the second-largest cryptocurrency by market capitalization, is currently displaying signs of a bullish breakout, according to two prominent analysts in the crypto space. World Of Charts has identified consolidation within a bullish pennant pattern in Ethereum’s price action. This technical formation typically suggests a continuation of an upward trend for Ethereum. If Ethereum successfully
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A newly released comprehensive report by the Digital Assets and Blockchain Technology Subcommittee of the CFTC sheds light on the risks and challenges that come with the burgeoning field of Decentralized Finance (DeFi). Spearheaded by CFTC Commissioner Christy Goldsmith Romero, the report highlights the lack of clear responsibility and accountability within DeFi systems as a
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The US Securities and Exchange Commission (SEC) is nearing its final decision on the approval of Spot Bitcoin Exchange-Traded Funds (ETFs). As this decision looms, the Depository Trust and Clearing Corporation (DTCC) has officially listed the Spot ETF tickers from investment management firms, VanEck and WisdomTree. This move positions VanEck and WisdomTree as key players
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