March 15, 2025

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Crypto

Brazil Just Approved Another Solana ETF While US Stares At Uncertainty: Analyst Says ‘Only Hope If Donald Trump Wins’ – Emeren Group (NYSE:SOL)

  • August 21, 2024

In stark contrast, Brazil approved its second Solana SOL/USD ETF this month, while prospects of a similar investment product in the U.S. appear bleak. What Happened: The Brazilian Securities and Exchange Commission greenlighted the ETF offered by Brazilian cryptocurrency asset manager Hashdex, Coindesk reported Tuesday. The fund was in a pre-operational phase as of this

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Crypto

Crypto Industry Awaits Kamala Harris’s Stance As Election Season Heats Up

  • August 20, 2024

As the 2024 U.S. presidential race gains momentum, the cryptocurrency industry is closely watching Vice President Kamala Harris for signals on her digital asset policy stance. What Happened: The Democratic nominee’s position on crypto regulation remains unclear, leaving industry leaders and advocates eager for guidance. Veronica McGregor, Chief Legal Officer at Exodus, cautioned against hasty

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Crypto

Bitcoin Looking Bearish While Equities Are At All-Time Highs: What Gives?

  • August 19, 2024

In a stark contrast to the buoyant mood in traditional equity markets, the sentiment in the cryptocurrency market has turned notably bearish, according to a new report. What Happened: According to QCP Capital, while U.S. equities are enjoying all-time highs and Asian markets are largely in the green, driven by expectations of an imminent rate

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Crypto

Peter Schiff Says He Discussed Bitcoin Conference Appearance In May 2025 But Isn’t Sure King Crypto Will Be A ‘Thing’ By Then

  • August 19, 2024

Peter Schiff, a prominent gold advocate and vocal critic of Bitcoin BTC/USD, recently expressed his doubts about the future of the leading cryptocurrency. Schiff, who has been skeptical of Bitcoin, is contemplating speaking at a Bitcoin conference in 2025. What Happened: Schiff, who is known for his skepticism towards Bitcoin, met with David Bailey CEO

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Crypto

Goldman Sachs Makes Blockbuster Debut, Adds Over $400M In Bitcoin ETF Position In Q2 As Morgan Stanley Pulls Back – Fidelity Wise Origin Bitcoin Fund Common Shares of Beneficial Interest (BATS:FBTC)

  • August 16, 2024

Institutional investors, including global investment banks and hedge funds, filed their second-quarter 13F reports, revealing significant positions held in spot Bitcoin BTC/USD ETFs. What Happened: Global investment bank Goldman Sachs Group Inc. GS made its debut in the cryptocurrency ETF market, disclosing holdings of $419 million for the period from March to June. James Butterfill,

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Crypto

Trump-Era White House Official Anthony Scaramucci Says Industry Leaders Want Bipartisan Commitment On Crypto Regulation: ‘We Don’t Want To Fight Any Side’

  • August 15, 2024

Anthony Scaramucci, a Democratic-leaning cryptocurrency advocate, emphasized the importance of keeping digital asset regulation positive and bipartisan. What Happened: During a virtual town hall interaction organized by the “Crypto for Harris” advocacy group, the CEO of SkyBridge Capital stated that industry leaders do not wish to battle any particular political side and want to maintain

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Crypto

Elizabeth Warren’s Pro-Bitcoin Rival John Deaton Calls Out Her Campaign for Labeling Him A Recruit: ‘She’s Worried For A Reason…’

  • August 14, 2024

John Deaton accused Elizabeth Warren (D-Mass.), against whom he is running for Senate later this year, of misrepresenting his political campaign in a recent text message. What Happened: On Tuesday, Deaton took to X to respond to a text message — allegedly sent out by Warren’s campaign team. The text message posted by Deaton showed Warren

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Crypto

Kamala Harris Embracing Cryptocurrencies Will Be Good For America, Says Vivek Ramaswamy Even If It Doesn’t Align With His Vision

  • August 13, 2024

Cryptocurrency advocate Vivek Ramaswamy believed political compulsions would ultimately drive Vice President Kamala Harris to embrace the asset class and adopt a more “thoughtful” position.  What Happened: During an interview with CNBC Television on Monday, Ramaswamy stated that Harris’ verbiage would start reflecting a supportive position. “I do think that part of the reason why

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Crypto

Bitcoin Skeptic Peter Schiff Says He Is ‘Open-Minded’ But Hasn’t Seen Any Convincing Argument To Embrace King Crypto: ‘I’m Also Intelligent And Honest’

  • August 12, 2024

Renowned economist Peter Schiff has reiterated his skepticism towards Bitcoin BTC/USD, stating that he has yet to hear a compelling argument that would change his stance. What Happened: Schiff was expressing his views on the leading cryptocurrency during his weekly YouTube podcast Sunday night. In a dig taken at Bitcoin advocates, he said, “I know

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Crypto

Bitcoin Crashed Alongside Stocks, Is It No More The Outlier? – Analyst Calls Comparison With Traditional Safe Haven Gold ‘Ludicrous’ – Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

  • August 7, 2024

Leading cryptocurrencies mirrored the stock market decline this week, with barometer Bitcoin BTC/USD plummeting to lows not seen since February.  Bitcoin’s downswing ignited a fresh debate around its store of value narrative, a major sticking point between advocates of the cryptocurrency and its skeptics. The concerns were exacerbated by the fact that gold, the traditional

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