What is an ETF? Guide to Exchange Traded Funds
Over 10 years after the first application for a spot Bitcoin ETF was filed, the SEC finally approved the launch of BTC spot exchange traded funds on January 11, 2024. Due to this significant news for the industry, in our new piece we will explore…
Changpeng Zhao stepped down as head of Binance exchange
Not a few weeks after FTX founder Sam Bankman-Fried was found guilty of fraud and conspiracy, there is a new criminal trial in the crypto community, but with the founder of another exchange, Binance. Changpeng Zhao’s resignation and the head of Binance On November 21,…
ETF Approval: What Could It Mean for the Cryptocurrency Market?
Traders were buzzing with optimism last couple weeks as recent industry updates hint at potential approvals for crypto spot ETFs. Towards the end of October, Grayscale, an asset management company, won against the SEC (U.S. Securities and Exchange Commission), and the regulator decided not to appeal…
The SEC’s War on Crypto: The Reasons & The Outcome
In June 2023, the United States Securities and Exchange Commission (SEC) sued two major crypto exchanges, Binance and Coinbase, within a span of less than 24 hours. The allegations by the agency claimed that these exchanges were operating as unregistered stock exchanges, brokers, and clearing…
What Happened To FTX?
The year 2022 could be one of the most stressful for crypto investors, with Terra’s Luna plummeting and UST depegging, Celsius collapsing, inflation remaining at four-decade highs, forcing the Federal Reserve to raise its key interest rate by another 0.75%, ongoing political and diplomatic turmoil,…
What Happened To LUNA & UST?
For the last few days, crypto investors and traders have found themselves in complete disarray due to heavy crypto market bleeding. The reason for that brutal fall is that Terra (LUNA)’s and UST’s prices have plummeted by more than 99% and 70%, respectively, and now…