Key Takeaways Bloomberg analysts project a significant increase in crypto ETFs in 2025 following changes in SEC leadership. XRP, Solana, LTC, and HBAR ETFs may be considered for approval under the new SEC administration. Share this article Bloomberg analysts expect multiple new crypto ETFs to launch in 2025, following anticipated changes in SEC leadership. We expect a wave of cryptocurrency ETFs next year, albeit not all at once. First out is likely the btc + eth combo ETFs, then prob Litecoin (bc its fork of btc = commodity), then HBAR…
Day: December 17, 2024
China May Be On the Verge of Ending Its Bitcoin Ban
Look, I think it’s only a matter of time before China pulls a complete 180 on its Bitcoin ban. Yes, they outlawed trading and mining back in 2021, but honestly, a lot has changed since then — especially this year. Bitcoin’s momentum globally has been insane. We’ve seen US President-Elect Donald Trump calling to stockpile Bitcoin; Bitcoin ETFs get approved, Fed Chair Jerome Powell calling Bitcoin “digital gold,” Larry Fink flipping pro-Bitcoin, and even Putin saying nice things about it. With all of this happening, I wouldn’t be shocked if China…
Bitcoin ETFs flip gold funds in AUM: K33 Research
On Dec. 16, US spot and derivative Bitcoin ETFs collectively broke $129 billion in net assets, surpassing gold ETFs for the first time. Source link
US Treasury and UAE target North Korean digital asset launderers
Two Chinese citizens and a UAE trading company have been sanctioned by the United States for their alleged roles in money laundering for North Korea. Source link
Why XRP Is A Long-Term Gem, According To A Wealth Guru
A notable financial expert and wealth mentor, Linda Jones, has explained why XRP is a good long-term investment. In her video “Why Do I Hold XRP?”, she underlines the cryptocurrency’s potential to change finance. Many investors are watching XRP as a crypto market challenger due to Ripple’s progress and institutional involvement. Ripple Institutional Adoption Expanding XRP is becoming more popular among financial institutions as a result of Ripple’s aggressive positioning of its coin as a means of facilitating faster and less expensive cross-border transactions. More than 300 major financial institutions,…
VC Roundup: Investors tap blockchain ecosystems to reach startups
This edition of Cointelegraph’s VC Roundup features Morph, Brighty, AgriDex, Yei Finance, Superform, Waterfall Network and Union. Source link
Elon Musk says Warren’s scrutiny of his DOGE role is driven by SBF’s family
Key Takeaways Warren raises conflict-of-interest concerns over Musk’s role in Trump’s administration. Elon Musk fires back at Warren, claims SBF’s parents shape her criticisms. Share this article Elon Musk responded to Senator Elizabeth Warren’s claims of potential conflicts of interest regarding his new role in President-elect Donald Trump’s administration. Lmao. The person actually writing these things from Pocahontas are SBF’s parents btw. https://t.co/V741yhitwp — Elon Musk (@elonmusk) December 17, 2024 Taking to his platform X, Musk alleged that Warren’s scrutiny is influenced by Sam Bankman-Fried’s (SBF) parents and claimed that…
The Unit Denomination of Bitcoin Does Not Need To Change
Follow Nikolaus On 𝕏 Here For Daily Posts Last week, long-time Bitcoiner John Carvalho introduced a new Bitcoin Improvement Proposal (BIP) aimed at addressing the unit bias issue many people face when first finding bitcoin. “This BIP proposes redefining the commonly recognized “bitcoin” unit so that what was previously known as the smallest indivisible unit becomes the primary reference unit,” Carvalho explains. “Under this proposal, one bitcoin is defined as that smallest unit, eliminating the need for decimal places. By making the integral unit the standard measure, this BIP aims…
Pudgy Penguins’ PENGU token down more than 50% after launch
The non-fungible token (NFT) project’s new token has had a lackluster debut in the early hours of trading. Source link
US lawmakers cancel session to consider Caroline Crenshaw’s nomination
The update to the calendar makes it unlikely lawmakers will be able to vote on the SEC commissioner’s nomination before the next session of Congress. Source link