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The first window for the approval of all 12 spot Bitcoin ETFs by SEC starts today
Key Points US SEC is now approaching the climax of deciding on the ongoing spot Bitcoin approval race by TradFi institutions. Today is the start of the first window for the commission to approve all of the 12 filed spot Bitcoin ETFs. The US SEC has just entered an...
Binance Web3 wallet launches
Key Points Binance crypto exchange has launched a Binance Web3 wallet for its 150 M registered users. The Binance Web3 Wallet has been launched within the primary Binance app and is predominantly used for trading cryptocurrencies. Binance has announced the launch of...
What Is Short Selling and How Does It Affect a Market?
How the Process of Short Selling Typically Works:Ways How Short Selling Can Affect the MarketDrawbacks and Risks of Short sellingConclusion Short selling is a trading strategy in financial markets where an investor, known as a "short seller," borrows an asset (such as...
UAE Central Bank to take action against unlicensed Digital Asset Service Providers
Key Points The United Arab Emirates announced a plan to penalize unlicensed Virtual Asset Service Providers (VASPs). The country’s lawyer, Irina Heaver, explained that the new plan is part of UAE’s efforts to move out of the Financial Action Task Force’s “Grey List.”...
Sam Bankman-Fried will be “Skinned alive”: Anthony Scaramucci
Key Points SkyBridge founder Anthony Scaramucci has criticized the decision by Sam Bankman-Fried’s defense to allow him to take the stand. He says that the prosecutors will exploit weaknesses in his story and end up with a longer sentencing. Anthony Scaramucci, the...
How to Prepare for a Bull Market
Preparing for a bull market involves taking steps to make the most of potential investment opportunities and protecting your financial interests as the market experiences growth. Here are some strategies to consider: Educate Yourself: Stay informed about the financial...