Author: e_cash_top
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SEC announces Twitter account was compromised and ETFs have not been approved
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Elon Musk’s X platform to introduce peer-to-peer payments
[ad_1] Social media platform X (formerly Twitter) will launch a peer-to-peer (P2P) payment system this year. In a Jan. 9 post outlining its roadmap for the new year, the microblogging platform unveiled plans for this payment system, emphasizing its potential to enhance user utility and open new avenues for commerce. “We will launch peer-to-peer payments, unlocking…
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WisdomTree and Valkyrie add fee waivers to spot Bitcoin ETF applications
[ad_1] Two more asset managers have temporarily waived fees for their spot Bitcoin ETFs, Bloomberg ETF analyst James Seyffart said on Jan. 9. Seyffart indicated that WisdomTree will waive its fees for 6 months or the first $1 billion of assets, reducing fees from 0.30% to zero during the waiver period. He also indicated that…
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Valkyrie executive 95% confident in Wednesday spot Bitcoin ETF approval
[ad_1] A top Valkyrie executive has expressed his belief that regulators will approve a spot Bitcoin ETF on Wednesday, TechCrunch reported on Jan. 9. Valkyrie CIO and co-founder Steven McClurg said: “We’ve been running hard for the last probably six weeks now on this, and it’s been quite exciting … myself and others are very…
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SEC’s Twitter/X was hacked to post fake spot Bitcoin ETF approval: Gensler
[ad_1] The U.S. Securities and Exchange Commission (SEC) said that its Twitter/X profile was hacked on Jan. 9 to post a false ETF approval message. Gary Gensler, chair of the SEC, wrote: “The [SEC] twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot…
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Historic US spot Bitcoin ETF approval granted by SEC in landmark decision
[ad_1] In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has approved the launch of spot Bitcoin Exchange-Traded Funds (ETFs), marking a consequential milestone in the integration of cryptocurrencies into mainstream finance. This decision comes after years of anticipation and numerous rejections of previous proposals, citing concerns over market manipulation and investor protection.…
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Blockchain Association defends crypto hiring practices in formal response to Senator Warren
[ad_1] The Blockchain Association formally responded to Senator Elizabeth Warren‘s criticism regarding the crypto industry’s recruitment of former government officials. The association said that these former officials chose to join an emerging industry of their own volition and slammed the senator for questioning the motives of people who had spent years defending the U.S. and…
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Digital Currency Group still owes Bitcoin, USD to Genesis, filing suggests
[ad_1] An ad hoc group of lenders associated with bankrupt Genesis alleged that Digital Currency Group has yet to fulfill its loan repayment requirements with the defunct lender because it still owes substantial amounts in both Bitcoin and US Dollars, according to a Jan. 8 court filing. On Jan. 5, DCG publicly claimed it had…
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Grayscale’s BTC fund shows record trading and narrowing discount amid ETF approval buzz
[ad_1] Grayscale’s Bitcoin Trust experienced a surge in trading activity on Jan. 8, coinciding with a significant reduction in the fund’s discount to 6.82%, marking its lowest point since April 2021. This increased activity was driven by market expectations surrounding the potential approval of a spot exchange-traded fund (ETF). Bloomberg’s senior ETF analyst Eric Balchunas…
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Ethereum-Bitcoin ratio drops to historic low as ETF approval speculation heightens
[ad_1] Ethereum’s value against Bitcoin has dropped to historical lows as market anticipation grows for an imminent launch of a spot exchange-traded fund in the U.S. Data from Paris-based crypto intelligence platform Kaiko showed that the ETH/BTC ratio has steadily declined since the smart-contract-enabled blockchain transitioned into a proof-of-stake network in September 2022. During the…