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SEC Delays Decision on Bitcoin ETF Options, Institutional Investors Left on Hold
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to allow options trading on spot Bitcoin exchange-traded funds (ETFs). This delay could impact the flow of institutional capital into the cryptocurrency market. On March 6th, the SEC extended its review period for proposals submitted by Cboe Exchange, Miami International Securities Exchange, […]
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LUNA Soars 42% Despite Legal Battle with SEC: Terraform Labs Fights for Defense
Terra (LUNA), the cryptocurrency embroiled in a legal battle with the U.S. Securities and Exchange Commission (SEC), has seen a surprising surge of 42%, reaching $1.181. This price increase comes amidst a turbulent legal landscape that raises concerns about regulatory oversight in the cryptocurrency space. Terraform Labs Fights for Legal Representation Terraform Labs, the company […]
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Analysis: Is Bitcoin’s Meteoric Rise Here to Stay, This Time?
Bitcoin, the world’s leading cryptocurrency, has recently experienced a dramatic surge, reaching a new all-time high of $69,202. This rally has sparked discussions about whether this is a repeat of the volatile price movements of 2021, or if there are fundamental differences at play. Also Read: Hold or Sell? Saylor’s Message Amidst Bitcoin’s Bullish Run […]
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Bitcoin and Ether Soar to New Highs Fueled by Institutional Demand and ETF Approval
Bitcoin, the world’s leading cryptocurrency, surged to a two-year high on Tuesday, fueled by signs of increased interest from institutional investors and the recent approval of Bitcoin exchange-traded funds (ETFs) in the United States. MicroStrategy Leads the Charge The rally was sparked in part by a Monday disclosure from MicroStrategy, a major crypto investor and […]
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Stock Surge: A Deep Dive into the Highs and Lows of January’s Trading Day
The financial markets showcased a dynamic performance on January 31, 2024, with noteworthy movements in both Nifty and Sensex indices. Investors navigated through a sea of activity, as some stocks surged while others faced a decline in value. Nifty and Sensex Highlights The Nifty closed at 21522.1, marking a 0.95% increase for the day. Meanwhile, […]
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Trading Tales: A Closer Look at the 10 Stocks that Dominated January 31’s Market Scene
The stock market witnessed significant movements on January 31, marked by a surge in the Sensex and Nifty indices. As the Interim Budget loomed, investors engaged in broad-based buying, driving the Sensex up by 612.21 points (0.86%) to 71,752.11, and the Nifty up by 203.60 points (0.95%) to 21,725.70. This rally saw 2,111 shares advancing, […]
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Defying the Odds: Crypto Platforms Bolster Defenses as Hacking Incidents Surge
Cryptocurrency hacking has been a persistent menace, with billions of dollars stolen from crypto platforms over the years. However, recent data suggests a positive turn of events in 2023, as funds stolen from crypto platforms experienced a significant drop of over 50%, falling from $3.7 billion in 2022 to $1.7 billion in 2023. Despite this […]