The long-awaited debut of spot Bitcoin exchange-traded funds (ETFs) marks a significant milestone in the cryptocurrency industry's journey towards mainstream acceptance. After years of speculation and anticipation, these financial products, which allow direct investment in Bitcoin rather than derivatives, are set to start trading, heralding a new era for digital assets. … [Read more...] about A new chapter for crypto after bitcoin ETFs approval
SEC greenlights bitcoin ETFs
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has approved applications for 11 spot Bitcoin ETFs, marking a significant shift in the cryptocurrency landscape. This historic move comes after years of cautious consideration and debate within the financial regulatory framework. … [Read more...] about SEC greenlights bitcoin ETFs
Bitcoin could soar to $200,000 by the end of 2025 according to Standard Chartered
Geoff Kendrick, the Head of FX Research at Standard Chartered, envisions a striking ascent for Bitcoin, projecting a potential value of $200,000 by the end of 2025. This optimistic outlook is closely tied to the anticipated approval of bitcoin spot ETFs (Exchange-Traded Funds) by the U.S. Securities and Exchange Commission (SEC). … [Read more...] about Bitcoin could soar to $200,000 by the end of 2025 according to Standard Chartered
Argentina embraces Bitcoin amidst peso turbulence
In a groundbreaking move, Argentina has started settling export contracts using Bitcoin, illustrating a significant shift in its approach to international trade and currency management. This development is particularly noteworthy given the country's recent monetary policy decisions and the ongoing devaluation of the Argentine peso. … [Read more...] about Argentina embraces Bitcoin amidst peso turbulence
El Salvador launches $1 million ‘Freedom Visa’ program
In a groundbreaking move, El Salvador has introduced the "Adopting El Salvador Freedom Visa Program," a unique initiative designed to attract high-net-worth individuals and investors by offering a path to citizenship in exchange for a significant crypto investment. This program aligns with the country's broader strategy to embrace cutting-edge technology and financial … [Read more...] about El Salvador launches $1 million ‘Freedom Visa’ program
Swiss city embraces cryptocurrency for municipal payments
In a landmark decision, the Swiss city of Lugano has officially begun accepting Bitcoin (BTC) and Tether (USDT) for tax payments and other municipal fees. This announcement marks a significant step towards integrating cryptocurrency into the city's financial infrastructure. … [Read more...] about Swiss city embraces cryptocurrency for municipal payments
Bridging traditional and digital finance: The impact of a spot BTC ETF
The cryptocurrency landscape stands on the cusp of a significant evolution with the potential approval of a spot Bitcoin exchange-traded fund (ETF). This development could serve as a crucial bridge between the realms of traditional and digital finance, potentially ushering in a new era of investment and market dynamics. … [Read more...] about Bridging traditional and digital finance: The impact of a spot BTC ETF
Grayscale gains momentum: court decision paves way for first spot bitcoin ETF
A significant legal milestone has been achieved that could soon lead to the debut of the first spot Bitcoin ETF. Grayscale, a leading cryptocurrency asset management company, has secured a pivotal court ruling in its favor against the U.S. Securities and Exchange Commission (SEC). … [Read more...] about Grayscale gains momentum: court decision paves way for first spot bitcoin ETF