SEC reissues ‘FOMO’ warning as spot Bitcoin ETFs nears Approval
Social media users have noted that the regulator’s “no go to FOMO” warning coincides with increased anticipation regarding the approval of spot Bitcoin ETFs. Simply days before the expected approval of spot Bitcoin exchange-traded funds, the United States Securities and Exchange Commission (SEC) has reissued a warning regarding FOMO investing in cryptocurrencies. The SEC’s Office of […]
M&G Invests $20M in UK Crypto Derivatives Platform
M&G Investments, a pension fund, invests $20 million in GFO-X, signifying a change in institutional confidence following the FTX collapse. In light of Bitcoin’s (BTC) and the broader cryptocurrency market’s robust recovery this year, conventional market participants have begun to enter the sector. London-based pension giant M&G Plc recently invested an extraordinary $20 million in a […]
Justin Sun’s HTX Exchange Experiences $250 Million Outflow
In the last two weeks, HTX Exchange has experienced net outflows of $258 million despite Justin Sun’s endeavors to revive the exchange. Justin Sun, the founder of Tron, has been experiencing considerable difficulty due to issues at his crypto exchange, HTX. Since resuming operations after a significant cyber breach, the HTX exchange has experienced a staggering net […]
Kiyosaki Slams Biden, Promotes Bitcoin Amid Geopolitical Unrest
Amid geopolitical tensions, Robert Kiyosaki advises the purchase of Bitcoin and other assets, highlighting its function as a hedge against economic recession. Renowned author Robert Kiyosaki, best known for his book “Rich Dad Poor Dad,” has reaffirmed his stance on Bitcoin as the largest crypto by market cap hit its highest level in about 19 months. Furthermore, he has expressed […]
Ethereum Price Surges Past $2,200, Sets Sights on $3,500
A robust technical chart breach positions Ethereum for an additional 60% price increase from its current levels. Ethereum (ETH), the second-largest cryptocurrency in the world, joins the Bitcoin market upswing above $40,000. At press time, ETH is trading 2.54% higher at $2,212 with a market cap of $266 billion. With this action, ETH has increased its […]