Gensler issues warning ahead of SEC’s Spot Bitcoin ETF decision

Spot Bitcoin ETF applicants strategically adjust fees ahead of potential SEC approval. Invesco, Valkyrie, and WisdomTree reduce costs to attract investors. Gensler’s cautionary note; SEC emphasizes risks in cryptocurrency investments, warning of unique challenges. As the crypto community eagerly awaits the SEC’s decision on Spot Bitcoin ETFs, recent developments have intensified the competition among ETF […]

BRC-20 tokens have flaws and issues, Mintlayer CEO says

Bitcoin BRC-20 tokens have skyrocketed over the past few days, with their combined market value rising to over $923 million as of 8 May, 2023. Mintlayer CEO Enrico Rubboli has highlighted some of the flaws and issues plaguing the BRC-20 token standard. Apart from not aligning with the “axioms of the core Bitcoin community,” flaws […]

Bitcoin drops below $17,500 as Coinbase/Kraken report issues

Bitcoin price fell more than 12% to touch lows of $17,114 on crypto exchange Coinbase. Bitcoin declined more than 12% on Tuesday as a stunned crypto world descended into sell-off territory on news that Binance, led by Changpeng Zhao, had signed a letter of intent (LOI) for the acquisition of crypto exchange FTX. Bitcoin sell-off […]