[ad_1] Updated Jan. 9, 2024 5:14 pm ET The Securities and Exchange Commission said its official X account was “compromised” when it posted late Tuesday that the agency had approved…
Tag: Foreign Exchange Markets
SEC’s Decision on Spot Bitcoin ETFs Could Go a Few Different Ways
[ad_1] Crypto enthusiasts think the launch of the first U.S. exchange-traded funds that hold bitcoin is a done deal. But regulatory approval is still no guarantee, especially in the wild…
The Crypto Industry Holds Its Breath in Anticipation of the First Spot Bitcoin ETFs
[ad_1] Bitcoin has rallied for months ahead of the expected launch of the first U.S. exchange-traded funds to hold the cryptocurrency. Skeptics say it is nearly out of room to…
MicroStrategy and Marathon Digital Rise as Bitcoin Rally Boosts Crypto Stocks
[ad_1] Bitcoin rose above $45,000 in early trading, up more than 5% over the past 24 hours, amid hopes the Securities and Exchange Commission will shortly begin approving Bitcoin exchange-traded…
2024 Could Be the Year of the Yen
[ad_1] The Japanese yen has been one of the worst performing currencies of the past couple of years. It could do better in 2024. The yen has lost around 20%…
How China Manages Its Currency—and Why That Matters
[ad_1] Updated Dec. 27, 2023 12:00 am ET China’s approach to its currency is a mix of bold ambition and fear of dollar strength. The yuan has lost more than…
Bitcoin Rose on Rumors in 2023. How to Predict What Comes Next.
[ad_1] Bitcoin may be a relatively new technology. It can still follow some pretty old market maxims. Back in October postings on X, formerly known as Twitter, suggested that the…
A Spot Bitcoin ETF Is Easy. What Comes Next Could Get Dangerous.
[ad_1] Giving fund managers easier access to bitcoin is already a contentious topic for regulators. It is nothing next to the Pandora’s box that could be opened with its crypto…