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Bitcoin ETFs Enable the ‘Mass Marketing’ of a Worthless Asset to Main Street Americans, Says Better Markets

[Jan 12 6:30 AM] An independent nonprofit organization said the U.S. Securities and Exchange Commission’s approval of spot bitcoin exchange-traded funds has enabled the “mass marketing of a known worthless, volatile, and fraud-filled financial product…

Robert Kiyosaki Increases BTC Holdings After SEC Approval of Spot Bitcoin ETFs

[Jan 11 8:00 PM] Rich Dad Poor Dad author Robert Kiyosaki has revealed that he bought additional bitcoin following the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The famous author is deeply concerned…

Bitwise launching spot bitcoin ETF (BITB)

[Jan 11 10:36 AM] Bitwise Asset Management, the largest crypto index fund manager in America, announced today that the Bitwise Bitcoin ETF (BITB), the firm’s first spot bitcoin ETF, intends to begin trading today, January 11th. BITB will join Bitwise’s comprehensive…

Blockchain Association to Elizabeth Warren: Crypto Can Potentially Disrupt or Compete With ‘Too Big to Fail’ Banks

[Jan 11 5:00 AM] The Blockchain Association has rejected U.S. Massachusetts Senator Elizabeth Warren’s claims that former security officials collaborating with it seek to weaken the country’s “ability to catch and prosecute America’s enemies.”…

Jamie Dimon Insists Bitcoin Doesn’t Have Value as JPMorgan Teams up With Blackrock on Spot Bitcoin ETF

[Jan 10 7:00 PM] JPMorgan Chase CEO Jamie Dimon has insisted that bitcoin doesn’t have value, emphasizing that its use cases are sex trafficking, tax avoidance, money laundering, and terrorism financing. However, JPMorgan has teamed up with Blackrock to help…

Veteran Trader Peter Brandt Labels Bitcoin ETF a ‘Classic Buy the Rumor, Sell the News Event’

[Jan 10 1:40 PM] According to the veteran trader Peter Brandt, the current bitcoin exchange-traded funds (ETF) hype which has seen the “average guy on the street” clamoring to get in may be a signal to experienced traders that it is time to sell them…

Mad Money Host Jim Cramer Says ‘Bitcoin Is Topping Out’

[Jan 9 9:30 PM] Jim Cramer, the host of CNBC’s Mad Money show, says bitcoin is topping out. He recently said bitcoin cannot be killed, emphasizing that “It’s a technological marvel, and people have to start recognizing that it’s here to…

Crypto Exchange Bitmex Sends Physical Bitcoin to the Moon — Expects to Land on Lunar Surface Next Month

[Jan 9 12:30 AM] Cryptocurrency derivatives exchange Bitmex is sending a physical bitcoin to the moon. “The bitcoin wallet in the shape of one coin will land on the Moon aboard the Peregrine spacecraft, making this the first financial asset to touch the…

Michael Saylor Warns of Deepfake Bitcoin Giveaway Scams Featuring Him and Microstrategy

[Jan 7 10:30 PM] Microstraetgy’s executive chairman, Michael Saylor, has warned about new bitcoin giveaway scams using AI-generated deepfake videos featuring him and his company. “There is no such thing as a free lunch,” the Microstratgy…

SEC Issues ‘Fear of Missing Out’ Warning Ahead of Spot Bitcoin ETF Decision

[Jan 7 6:30 PM] The U.S. Securities and Exchange Commission (SEC) has warned investors about fear of missing out (FOMO). “Just because others might buy a particular investment, doesn’t mean it’s the right opportunity for you,” the SEC…

Former Citi Executives Launch New Bitcoin Product That Bypasses SEC Approval

[Jan 6 10:30 PM] A group of former Citigroup executives has introduced a new product called bitcoin depository receipts. They explained that this crypto product does not need to be registered with the U.S. Securities and Exchange Commission (SEC). The new offering…

Harvesting the Digital Skies: The Controversial Practice of Airdrop Farming

[Jan 6 2:00 AM] As the crypto economy burgeons, a new trend called airdrop farming is taking root, offering both promise and pitfalls. The following is an exploration of this emerging practice, unraveling its intricacies, potential rewards, and the controversies…

Asset Manager Vaneck Pledges to Donate 5% of Spot Bitcoin ETF Profits to Bitcoin Core Developers for 10 Years

[Jan 5 9:00 PM] Asset management firm Vaneck has pledged to donate 5% of its spot bitcoin exchange-traded fund (ETF) profits to support Bitcoin Core developers for at least 10 years. The company is currently awaiting approval from the U.S. Securities and Exchange…

Report: CEO of Collapsed Crypto Investment Scheme Hyperverse May Not Exist

[Jan 5 6:30 AM] A probe into the affairs of the collapsed crypto fund Hyperverse has determined that its highly educated CEO may not exist. The investigation also found that before its collapse, Hyperverse and its CEO both enjoyed celebrity support. The…

Rich Dad Poor Dad Author Robert Kiyosaki Advises Investors to Pay Attention to Bitcoin Halving

[Jan 4 11:00 PM] Robert Kiyosaki, the author of Rich Dad Poor Dad, has advised investors to closely monitor Bitcoin’s upcoming halving, emphasizing that the event is fast approaching. The famous author recently revealed that he is $1 billion in debt but does…

Bitcoin’s Obituary Bounce — Decline in ‘Death Calls’ Signals Resilient 2023

[Jan 4 1:00 PM] Following numerous proclamations of bitcoin’s demise in 2021 and 2022, totaling 47 and 27 on the Bitcoin Obituaries list respectively, a mere eight declarations were noted in 2023. The final one emerged at the year’s end, attributed…

Michael Saylor Selling $216 Million of Microstrategy’s Shares, Plans to Buy More Bitcoin

[Jan 3 5:30 PM] Microstrategy’s executive chairman, Michael Saylor, is selling $216 million of his company’s shares, according to a filing with the U.S. Securities and Exchange Commission (SEC). The pro-bitcoin executive intends to use some of the…

Jim Cramer: Bitcoin Can’t Be Killed — It’s a Technological Marvel That Is Here to Stay

[Jan 2 11:00 PM] Jim Cramer, the host of CNBC’s Mad Money show, has made some bullish statements regarding Bitcoin. Noting that the crypto cannot be killed, he emphasized: “It’s a technological marvel, and people have to start recognizing that…

Spot ETF Approvals Will See BTC Value Rising to $50,000 in January — Matrixport

[Jan 2 5:00 PM] The expected approval of spot bitcoin exchange-traded funds (ETFs) applications by the U.S. Securities and Exchange Commission will see the top crypto asset’s price jumping to $50,000 in January, the latest market preview by Matrixport has…

US Presidential Candidate Outlines Plan to Shut Down FBI if Elected — ‘This Is Much More Practical Than It Sounds’

[Jan 2 2:30 AM] Presidential candidate Vivek Ramaswamy has outlined his plan to shut down the Federal Bureau of Investigation (FBI) if he is elected President of the United States. “56% of the bureau that are professional bureaucrats should be fired immediately,”…

Crypto Crossroads — Contrasting 2024 Predictions Signal a Year of Defining Shifts

[Jan 1 5:00 PM] Throughout the past year, enthusiasm and speculation around bitcoin and other crypto assets have surged, particularly as the year drew to a conclusion. The Motley Fool’s forecasts for 2024 strike a pessimistic tone, anticipating a…

Unprecedented Downturn: Over 5,700 Crypto ATMs Decommissioned in 2023, Marking First Annual Decline

[Dec 31, 2023 2:30 PM] Crypto automated teller machines (ATMs) have experienced a decline this year, marking the first downturn since October 2013, with the total count dipping from 39,350 to the present 33,620. Approximately 5,730 cryptocurrency ATMs have been…

Veteran Trader Peter Brandt Issues Scam Proprietary Trading Platform Warning

[Dec 31, 2023 2:30 AM] According to Peter Brandt, legitimate proprietary trading firms neither charge fees on traders nor impose “restrictions on trading style or markets.” The veteran trader branded as scams any prop firm that fails to adhere to the…

Blackrock Names JPMorgan as Authorized Participant for Spot Bitcoin ETF Despite Jamie Dimon Wanting to Ban Crypto

[Dec 30, 2023 7:30 PM] Blackrock, the world’s largest asset manager, has named JPMorgan as a lead authorized participant for its spot bitcoin exchange-traded fund (ETF). This followed JPMorgan CEO Jamie Dimon stating in a congressional hearing that bitcoin and…

Bitcoin ETF Mania and Nigeria’s New Stance on Crypto to Drive the Industry’s Revival in Africa — Experts

[Dec 30, 2023 6:30 AM] The U.S. Securities and Exchange Commission’s expected approval of bitcoin exchange-traded funds and Nigeria’s lifting of a directive which excluded the crypto industry from the banking ecosystem are expected to help revive African…

SEC’s Cash Only Restriction for Spot Bitcoin ETF Is Nonsense, Says Vaneck Director

[Dec 30, 2023 12:30 AM] A director of digital assets strategy at asset management firm Vaneck says the U.S. Securities and Exchange Commission (SEC)’s cash-only requirement for spot bitcoin exchange-traded funds (ETFs) is “nonsense.” He predicted that it…

US Lawmakers Seek to Fire SEC Chair Gary Gensler in 2024

[Dec 29, 2023 8:30 PM] Two U.S. lawmakers have joined forces in an effort to fire Securities and Exchange Commission (SEC) Chairman Gary Gensler. “2024 would be a great time to fire Gary Gensler, pass the SEC Stabilization Act, [and] hold the SEC accountable for…

Senate Ethics Committee Urged to Investigate Senator Elizabeth Warren on Misleading Crypto Statements

[Dec 29, 2023 6:30 PM] The CEO of the Chamber of Digital Commerce says the Senate Ethics Committee should launch a full investigation on Senator Elizabeth Warren for making false and misleading statements about crypto. “Senator Elizabeth Warren has misled the…

Unlimited Innovations vs. 2,500 Swimming Pools — AI Faces Similar Environmental Backlash as Bitcoin Mining

[Dec 29, 2023 4:30 PM] In recent years, attention has centered on bitcoin mining, particularly its energy usage in securing the network and validating transactions through proof-of-work (PoW). As generative artificial intelligence (AI) emerges as a major force in…

Former US President Donald Trump Selling ETH Worth Millions of Dollars, Analysis Indicates

[Dec 28, 2023 6:30 PM] An analysis by crypto intelligence firm Arkham indicates that Donald Trump, the 45th President of the United States, is selling millions of dollars in ether acquired from selling his non-fungible token (NFT) collections. The analytics firm also…