Gary Gensler Steps Down as SEC Chair Amid Trump’s Return
Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), has announced his resignation, effective January 20. After three years at the helm, Gensler’s departure coincides with Donald Trump’s return to the presidency, marking a significant shift in the...
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Dormant Bitcoin Wallets Come Back to Life: A Look at Their Impact on the Crypto Market
In a surprising turn of events, some of Bitcoin’s oldest and long-inactive wallets have become active, moving millions of dollars worth of cryptocurrency. These movements highlight the enduring relevance of Bitcoin as an asset and raise questions about their potential...
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An Unprecedented Storm Looms Over Bitcoin: What You Need to Know
Bitcoin has long been a symbol of innovation and volatility in financial markets. Today, it stands at the cusp of a transformative era, driven by groundbreaking developments like the launch of Bitcoin ETFs and the introduction of options trading. These...
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What Does Lower Bitcoin-Ether Correlation Mean for Investments?
Bitcoin (BTC) and Ether (ETH), the leading cryptocurrencies by market capitalization, have long exhibited a strong price correlation, guiding investor expectations and strategies. However, this relationship is evolving, particularly following Ethereum’s Shanghai Upgrade (Shapella hard fork) in April 2023. This...
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BlackRock Bitcoin ETF Options Shatter Records with $1.9 Billion Traded on Day One
The cryptocurrency and financial markets witnessed a groundbreaking event as options contracts tied to BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust ETF (IBIT), recorded an unprecedented $1.9 billion in trading volume on their first day. This remarkable...
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