Author: CryptooTimes
That doesn’t mean the ETFs will be authorized, though. Would-be issuers also need their S-1 applications approved before the products could begin trading. SEC could take an indefinite amount of time to approve the S-1 documents, one person familiar with the matter said, as it isn’t tied to a deadline. Source link
How do the investment trends in Q1 2024 differ between traditional startups and crypto projects? Global startup funding has experienced a notable decline recently. According to Crunchbase, despite an improvement over Q4 2023, first-quarter startup investment in 2024 reached its second-lowest point since 2018. For context, in Q1 2022, global startup funding was $171.4 billion. By Q1 2023, this figure had plummeted to $82.4 billion. The decline continued into Q1 2024, with funding dropping further to $66.1 billion. This decline translates to a 52% drop from 2022 to 2023 and an additional 19.7% decline from 2023 to 2024. Source: Crunchbase The…
The Deploying American Blockchains Act of 2023 gives the Commerce Department a role in advancing blockchain technology. Source link
U.S. authorities have arrested and charged a Taiwanese national with operating darknet drug bazaar Incognito Market, which he allegedly used to facilitate over $100 million in crypto-denominated sales of illegal narcotics including fentanyl. Source link
Discover the top 5 crypto ETFs to watch in 2024. Insightful analysis of their performance, liquidity, and how to choose wisely in a dynamic market. After the U.S. Securities and Exchange Commission (SEC) approved spot Bitcoin exchange-traded funds (ETFs) on Jan. 10, 2024, the crypto market has seen a significant upsurge. The price of Bitcoin (BTC) soared to 201% higher than a year ago, shattering previous all-time highs in the process. As investors eagerly search for the best cryptocurrency ETF to invest in 2024, the question arises: among the top crypto ETFs, which is the best performing, and which holds…
Stephanie Murphy, Tim Ryan, and Pat Toomey — all former U.S. lawmakers — are on the council advising Coinbase on regulatory matters. Source link
Gaming Token Gala Drops Amid Suspect $200M Transfer Source link
Bitcoin (BTC) surged to $70,000 on Monday, marking its first rise to this level in over a month. At the time of writing, Bitcoin’s price has increased 5.8% in the last 24 hours and more than 10% in the last week. This increase is coming before a vote on the 21st Century (FIT21) Act and a surge in spot buying and spot BTC exchange-traded fund (ETF) purchasing. This activity has prompted the cryptocurrency community to question whether the bull market is just starting or approaching a peak. BTC faces critical resistance in the $69,000-$72,000 range. Bitcoin briefly surged above $70,000…
ETF analysts James Seyffart and Eric Balchunas said they had increased their odds of the SEC approving a spot Ether exchange-traded fund from 25% to 75%. Source link
COPA, which is backed by Jack Dorsey and Coinbase, among others, put the question directly when it filed suit in 2021. Then, over several weeks in a U.K. court, the group was able to systematically prove to the court that Wright had been forging documents, spewing lies and filing costly and wasteful lawsuits for years. Source link
