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Crypto Blog

The U.S. Securities and Exchange Commission (SEC) has postponed its decision regarding the approval or rejection of spot Ether exchange-traded fund (ETF) applications submitted by ARK 21Shares and VanEck.
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In his congressional testimony on Wednesday, Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), maintained his confrontational position against cryptocurrency "hucksters." 
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The commission has granted itself a further 60-day period to evaluate ARK 21Shares' investment product for listing on the Cboe BZX Exchange, establishing a final cutoff date of January 10th.
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Two bipartisan representatives from the House Financial Services Committee jointly penned a letter to SEC Chair Gary Gensler, advocating for prompt action on ETFs.
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MicroStrategy acquired its most recent Bitcoin reserve with an average cost of $27,053 per coin, representing a 9% reduction compared to the average price of its entire BTC acquisition.
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