It is official: the SEC has finally approved a spot Bitcoin ETF. In doing so, the floodgates for institutional capital to pour into the digital asset ecosystem have officially been opened. News of the decision comes after an unauthorized communication was disseminated through the official X.com account of the Securities and Exchange Commission on Tuesday […]
Tag: STO
Why Institutional Allocation to Crypto Is Rising
The cryptocurrency market has experienced a remarkable recovery in 2023, after a prolonged bear market that lasted for most of 2022. The total market capitalization of all cryptocurrencies has increased by 34%, from $798.69 billion at the beginning of the year to $1.07 trillion as of October 10, 2023. Bitcoin, the leading cryptocurrency by market share, has […]
BitGo receives in-principle approval in Singapore
Singapore’s financial regulator has granted crypto custody firm BitGo an in-principle approval. The licence allows BitGo to operate as a Major Payments Instutition (MPI) provider in the country. Digital asset custody provider BitGo has received a regulatory nod from the Monetary Authority of Singapore (MAS). The crypto company said in an announcement on Wednesday that […]
Top 10 Bitcoin Myths You Need to Know
Today, Bitcoin myths are far less than in the early days of the market. However, there are still many misconceptions about the world’s most popular cryptocurrency. As such, anyone unfamiliar with the technical aspects of Bitcoin may find that it’s difficult to determine its real capabilities, features, and use cases. Here are the top 10 […]
Cathie Wood’s Ark Invest Bought 125k Shares of this Buffet-Backed Stock
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Cathie Wood’s Ark Invest bought over 125,000 shares of Nu Holdings (NYSE: NU) this week. The fintech-focused fund first invested in the digital bank in 2022. The investment has proved to be a lucrative […]
MAS Greenlights BitGo Singapore with In-Principle Approval for Key License
BitGo, a provider of financial services in the digital realm, has announced that its subsidiary, BitGo Singapore Pte. Ltd., has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution Licence. Clients Gain Competitive Edge with Access to Aggregated Deep Liquidity This approval positions BitGo at the forefront of regulated […]
Like it or Loathe it: Regulators Will Shape 2024 for Crypto, Not ETF Approval or Halving
2024 will undoubtedly be a major year for the cryptocurrency landscape as Bitcoin’s long-awaited ETF speculation reaches fever pitch and a much anticipated halving event looms, but neither will be anywhere as effective as investors may be expecting without a conducive regulatory framework surrounding digital assets. With many crypto commentators anticipating a fresh all-time high […]
BitPay expands crypto offerings; now supports for UNI, BNB, LINK, and More
BitPay expands crypto support, adding UNI, BNB, LINK, CRO, VERSE, BAT to its roster. CEO Stephen Pair underscores commitment to user-friendly crypto payments. Users to enjoy versatile options, from luxury purchases to practical expenses. BitPay, initially established as a Bitcoin-focused payment startup, has broadened its horizon beyond Bitcoin (BTC) by adding support for “dozens” of […]
Pullix (PLX) outlook as BTC soars, investors savour bullish market
Pullix (PLX) presale price has increased to $0.08 in stage 6. Meanwhile, the broader crypto market outlook is bullish amid anticipated Bitcoin ETF approval. As Bitcoin looks to break higher, analysts say altcoins could follow. With investors in an extremely bullish mood, top altcoins led by Ethereum are looking to strengthen their latest upside momentum. Pullix, […]
Bitget lists Rich Rabbit (RABBIT) tokens in Innovation Zone and Launchpool
Victoria, Seychelles, January 9th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company has announced the listing of Rich Rabbit’s native token RABBIT a meme token trending as the next Dogecoin. The listing of RABBIT in the Innovation Zone allows users to easily trade WEB3 small-cap tokens on the Bitget platform. To support […]