The SEC has not decided on multiple pending spot Bitcoin ETF applications, with many in the space split on how the commission will handle the investment vehicle.
The crypto market sell-off on Jan. 3 coincided with the release of a skeptical report by Matrixport analysts on the approval of a spot Bitcoin ETF.
The unpaid taxes and penalty pertain to the issuance of Wemix tokens from 2019 to 2022.
When viewed year-to-year, cryptocurrency investment products experienced more inflows in 2023, with BTC having over $1.9 billion, representing 86% of the total.
Blockchain gaming guilds amassed treasuries worth billions last cycle. But how did they pivot to set themselves up for the 2024 bull run?
BlackRock is reportedly planning to acquire $10 million worth of BTC as initial funding for its potential spot Bitcoin ETF, still currently under review for approval from the SEC.
A report claiming that the SEC “will reject” the spot Bitcoin ETF is not what is behind the BTC price crash below $42,000, one lawyer says.
A potential Bitcoin bull market awaits in 2024 after the previous year brought both joy and fear to crypto, teaching the valuable lesson, “To understand the present, you must understand the past.”
Azuki’s researcher in residence, Waleswoosh, believes this is legal under certain circumstances.
Bitcoin plummeted to as low as $40,700 from the intraday high of $45,600, according to data from CoinMarketCap.
Gold bug Peter Schiff warned that spot Bitcoin ETF approval could collapse the BTC market, while Matrixport says SEC greenlight is unlikely before Q2 despite general optimism.
Bitcoin is creating millionaires thick and fast, while those with a whole BTC are also past the 1 million mark.