Tag: U.S. dollar

Israel to Launch Six Bitcoin-Linked Mutual Funds by December 31

Israel is gearing up to introduce six Bitcoin-linked mutual funds on December 31, marking a major milestone for the country’s crypto investment scene. This development was reported by local media outlets Calcalist and Globes. The funds are being rolled out by key players in Israel’s financial sector: Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav, […]

Bitcoin Social Sentiment Hits 2024 Low, Hinting at Potential Breakout

Social sentiment surrounding Bitcoin has dropped to its lowest point this year, sparking speculation of a possible price recovery. Bitcoin, the world’s largest cryptocurrency, is currently trading above $97,150, down more than 10% from its all-time high of $108,300 reached on December 17. While the recent correction has dampened retail sentiment, some analysts believe this […]

Michael Saylor Unveils Bold Bitcoin Vision to Propel US Digital Economy

Michael Saylor, the Executive Chairman of MicroStrategy, has shared a bold vision for using Bitcoin to position the United States as a leader in the digital economy. This announcement follows MicroStrategy’s decision to expand its Board of Directors from six to nine members, bringing in high-profile crypto advocates to enhance its focus on digital assets. […]

US Lawmakers Push to Confirm SEC Commissioner Before Deadline

United States lawmakers in the Senate Banking Committee are making a final effort to confirm Caroline Crenshaw for another term as a commissioner at the Securities and Exchange Commission (SEC). With Democrats set to lose their majority in January, the window for confirmation is rapidly closing.   Senate Banking Committee Plans Key Vote   According to reports, […]

Kraken Hit With $5.1 Million Fine for Breaking Australian Regulations

An Australian court has fined Kraken, a digital asset exchange, $5.1 million AUD for unlawfully providing credit to over 1,100 Australian customers. The fine follows legal action by the Australian Securities and Investments Commission (ASIC). According to ASIC’s statement on Dec. 12, the penalty relates to Kraken’s “margin extension” product. This offering, available since October […]