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US SEC approves bitcoin ETFs in watershed for crypto market

US SEC approves bitcoin ETFs in watershed for crypto market

by AIP Online Bureau | Jan 11, 2024 | Eco/Invest/Demography, International News, Regulation, Risk Management, Technology, Wealth Management/ Philanthropy

Standard Chartered analysts this week said the ETFs could draw $50 billion to $100 billion this year alone. Other analysts have said inflows will be closer to $55 billion over five years WASHINGTON/NEW YORK: The U.S. securities regulator on Wednesday approved the...
Bitcoin jumps to highest since June as rally gathers pace

Bitcoin jumps to highest since June as rally gathers pace

by AIP Online Bureau | Mar 15, 2023 | Eco/Invest/Demography, Regulation, Technology, Wealth Management/ Philanthropy

Major cryptocurrencies have been buoyed in recent days by U.S. authorities announcing plans to limit the fallout from the collapse of Silicon Valley Bank (SVB). U.S. authorities’ action helped stabilise the major USDC stablecoin, whose issuer Circle had deposits...
Bitcoin jumps to highest since June as rally gathers pace

Over $70 bn wiped off global crypto market, Bitcoin drops below $20,000

by AIP Online Bureau | Mar 14, 2023 | Eco/Invest/Demography, International News, Technology

Two crypto-friendly banks Silvergate Capital and Signature Bank collapsed last week, and billions of dollars belonging to crypto exchanges got stuck. New Delhi: The collapse of three banks in the US, including the giant Silicon Valley Bank (SVB), within a week has...

Nearly 30,000 Bitcoin millionaires wiped in last 3 months

by AIP Online Bureau | Jan 27, 2022 | International News, Technology, Wealth Management/ Philanthropy

“A combination of factors such as regulatory scrutiny, turbulent markets, geopolitical unrest, and Covid combined with having an adverse effect on the asset’s performance. However, despite the volatile start to the year, a number of analysts continue to...

Global crypto market suffers $1-trillion loss as Bitcoin crashes

by AIP Online Bureau | Jan 23, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

Given their relatively high volatility and valuations, cryptocurrencies’ increased co-movement could soon pose risks to financial stability especially in countries with widespread crypto adoption, according to IMF research New Delhi: Bitcoin was hovering at...
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