Apple is increasingly focusing on building its own devices and expanding its ecosystem by taking steps towards a more native experience for users and relying less on third-party accessories. While the Cupertino-based tech giant's HomePod and AppleTV have left quite the mark in the smart home category, it generally relies more on outsourcing cameras and other hardware for smart homes. Now, a new report suggests that the company intends to create a fully integrated experience by developing its own smart home accessories. Gurman hints about Apple working on making smart home products like security cameras for a more integrated experience […]
We’re continuing our Best of Black Friday posts today with a look at the best current deals on power stations and their respective bundle options. Folks across the country and beyond have been steadily investing more and more in the industry for a vari...
Blizzard has announced that two decades after its release, World of Warcraft is finally going to let players build a home and live in it. The feature has long been requested by WoW players and now it’s finally coming in the game’s next expansion.Read m...
Guild Wars 2: Janthir Wilds will receive the Godspawn update, adding a new 50-player boss battle, a new 10-player raid, and a legendary spear. Guild Wars 2: Janthir Wilds is getting the first major update "Godspawn" on November 19th, expanding the story with new story chapters The MMORPG Guild Wars 2 by ArenaNet is receiving its first major update for the Janthir Wilds expansion soon. It's the first of three major updates, and it'll land on November 19. The update will add new content to the game for the players. The Janthir Wilds expansion DLC was released in August this year, […]
After its anti-crypto stance failed to withstand scrutiny in courts, forcing the apex US financial regulator to resort to a hefty dose of inertia - more appropriately described as dragging one's feet - presumably in a last-ditch effort to create as many legally tenable hurdles as possible, the SEC has finally approved some of the first spot Bitcoin ETFs for trading on eligible American exchanges. This much-expected capitulation of sorts, however, has been overshadowed by yesterday's dramatic events, replete with a Hollywood-like caricature hacking incident. “Order granting accelerated approval” it’s over. Thank God. pic.twitter.com/qCozlxzSBX — Eric Balchunas (@EricBalchunas) January 10, […]
If you thought that the drama around the SEC's widely expected approval of spot Bitcoin ETFs was now at an end, you were wrong. Just add another high-profile X account hack into this mess. Just moments back, the SEC's official X account announced that the apex US financial watchdog had approved Bitcoin ETFs for listing on all eligible exchanges. The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products. — Gary Gensler (@GaryGensler) January 9, 2024 Moments thereafter, Gary Gensler, the SEC's chair, himself […]
Competition is generally good for consumers, as per the prevailing conventional wisdom. For those who still doubt this paradigm, look no further than the price wars breaking across Wall Street over the imminent launch of spot Bitcoin ETFs. Some of our readers might be confused by all of the brouhaha over the launch of these spot Bitcoin ETFs, and rightfully so. After all, futures-based ETFs of the world's preeminent cryptocurrency already exist. However, Bitcoin's futures-based ETFs do suffer from material underperformance due to the fact that the contracts for the months ahead are usually priced at a premium to the […]
Bitcoin - that purest form of money to crypto maximalists and a veritable financial plague to its detractors - turns 15 today, based on the first Bitcoin block that was mined on the 03rd of January, 2009. However, this otherwise auspicious occasion has been utterly ruined by a decidedly bearish take from Matrixport, a crypto financial services and analysis firm, on the imminent launch prospects of some of the first spot Bitcoin ETFs in the US. 👀 Attack of the Bitcoin millionaires! On its 15th birthday, Bitcoin has nearly 100,000 $1 million addresses. 🎉 pic.twitter.com/Qtm2HFKwIe — Cointelegraph (@Cointelegraph) January 3, […]
As 2023 comes to a close, Wall Street is confident that the approval of a bitcoin exchange-traded fund is on the horizon as several financial firms have filed their updated plans for the ETF with the SEC. The filings were necessary before the end of the year if the Bitcoin ETF is to be launched soon. Some big-ticket names that are on this list include BlackRock, Invesco, Fidelity and Valkyrie Investments. Bitcoin price has surged by a stunning 154% year to date after the cryptocurrency tanked in 2022 due to a shaken-up global economy in the aftermath of high interest […]
The SEC appears adamant about creating as many twists and turns as possible in the long road to the launch of some of the first spot Bitcoin ETFs in the US. Even so, Michael Saylor's MicroStrategy has again burnished its credentials as an unswerving Bitcoin proponent, having acquired over half a billion dollars worth of BTC over the recent price correction, thereby staving off a steeper decline in the price of the world's preeminent cryptocurrency. As we noted in a recent post, Senator Warren's Digital Asset Anti-Money Laundering Act of 2023 played an important role in spurring Bitcoin's recent price […]
It began with a cascade of sell orders that quickly morphed into a puke fest for long positions. Bitcoin tumbled to the $42,000 price level on Sunday amid razor-thin weekend liquidity as the sell orders took their toll. Then came the second significant punch on Monday when the Democratic Senator Elizabeth Warren, a known crypto skeptic, unveiled her anti-Bitcoin bill. As is evident from the above snippet, $126 million worth of long Bitcoin futures positions were liquidated on Monday, precipitating the cryptocurrency's collapse to the $40,000 price handle. Elizabeth Warren's Bill Would Virtually Ban Bitcoin in the US Senator Warren's […]
Some called it a well-disguised bull trap. Others called it a mirage. But Bitcoin has proven its detractors wrong for the umpteenth time this bull cycle, having scaled past the psychologically important $40,000 price level just moments ago. As is evident from the above chart, Bitcoin just created a new cycle high by hitting the $40,076 price level moments ago. The world's preeminent cryptocurrency is up 14 percent over the past month and a whopping 140 percent since the start of 2023. Okay, we're nearing in on deadline dates for 3 spot #Bitcoin ETF applications. I want to get […]
With the launch of dedicated Jim Cramer-tracking ETFs, there was widespread hope for a period of time that the CNBC host would become more circumspect in issuing his infamous investment recommendations, ones that had spawned an entire genre of contrarian investment style, based on Cramer's well-tested ability to echo the market's consensus view. Alas, with the shuttering of the Long Cramer Tracker ETF (LJIM) ETF back in August after notching just 2.2 percent gains for the year, that hope has all but disappeared. Interestingly, the Short Jim Cramer ETF (SJIM) by Tuttle Capital Management is still functional, having notched year-to-date […]
According to Bitcoin's bulls, the time to vanquish crypto detractors for good is now finally within reach, aided by the growing clarity on the regulatory front and boosted by accelerating institutional adoption. For months, the bears held sway over the broader narrative, harping on Bitcoin's price weakness to show that the world's premier cryptocurrency had no utility whatsoever in the greater scheme of things. Well, just look at how the tables have turned now! At the time of writing, Bitcoin is up an astonishing 38 percent over the past month. So far this year, the world's preeminent cryptocurrency is up […]
A change is in the air. Those of us who intimately follow Bitcoin-related developments could feel it in the innate resilience that the world's apex cryptocurrency has demonstrated over the past couple of months. Yet, it was the incorporation of a hefty...
After its anti-crypto stance failed to withstand scrutiny in courts, forcing the apex US financial regulator to resort to a hefty dose of inertia - more appropriately described as dragging one's feet - presumably in a last-ditch effort to create as many legally tenable hurdles as possible, the SEC has finally approved some of the first spot Bitcoin ETFs for trading on eligible American exchanges. This much-expected capitulation of sorts, however, has been overshadowed by yesterday's dramatic events, replete with a Hollywood-like caricature hacking incident. “Order granting accelerated approval” it’s over. Thank God. pic.twitter.com/qCozlxzSBX — Eric Balchunas (@EricBalchunas) January 10, […]
If you thought that the drama around the SEC's widely expected approval of spot Bitcoin ETFs was now at an end, you were wrong. Just add another high-profile X account hack into this mess. Just moments back, the SEC's official X account announced that the apex US financial watchdog had approved Bitcoin ETFs for listing on all eligible exchanges. The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products. — Gary Gensler (@GaryGensler) January 9, 2024 Moments thereafter, Gary Gensler, the SEC's chair, himself […]
Competition is generally good for consumers, as per the prevailing conventional wisdom. For those who still doubt this paradigm, look no further than the price wars breaking across Wall Street over the imminent launch of spot Bitcoin ETFs. Some of our readers might be confused by all of the brouhaha over the launch of these spot Bitcoin ETFs, and rightfully so. After all, futures-based ETFs of the world's preeminent cryptocurrency already exist. However, Bitcoin's futures-based ETFs do suffer from material underperformance due to the fact that the contracts for the months ahead are usually priced at a premium to the […]
Bitcoin - that purest form of money to crypto maximalists and a veritable financial plague to its detractors - turns 15 today, based on the first Bitcoin block that was mined on the 03rd of January, 2009. However, this otherwise auspicious occasion has been utterly ruined by a decidedly bearish take from Matrixport, a crypto financial services and analysis firm, on the imminent launch prospects of some of the first spot Bitcoin ETFs in the US. 👀 Attack of the Bitcoin millionaires! On its 15th birthday, Bitcoin has nearly 100,000 $1 million addresses. 🎉 pic.twitter.com/Qtm2HFKwIe — Cointelegraph (@Cointelegraph) January 3, […]
As 2023 comes to a close, Wall Street is confident that the approval of a bitcoin exchange-traded fund is on the horizon as several financial firms have filed their updated plans for the ETF with the SEC. The filings were necessary before the end of the year if the Bitcoin ETF is to be launched soon. Some big-ticket names that are on this list include BlackRock, Invesco, Fidelity and Valkyrie Investments. Bitcoin price has surged by a stunning 154% year to date after the cryptocurrency tanked in 2022 due to a shaken-up global economy in the aftermath of high interest […]
The SEC appears adamant about creating as many twists and turns as possible in the long road to the launch of some of the first spot Bitcoin ETFs in the US. Even so, Michael Saylor's MicroStrategy has again burnished its credentials as an unswerving Bitcoin proponent, having acquired over half a billion dollars worth of BTC over the recent price correction, thereby staving off a steeper decline in the price of the world's preeminent cryptocurrency. As we noted in a recent post, Senator Warren's Digital Asset Anti-Money Laundering Act of 2023 played an important role in spurring Bitcoin's recent price […]
It began with a cascade of sell orders that quickly morphed into a puke fest for long positions. Bitcoin tumbled to the $42,000 price level on Sunday amid razor-thin weekend liquidity as the sell orders took their toll. Then came the second significant punch on Monday when the Democratic Senator Elizabeth Warren, a known crypto skeptic, unveiled her anti-Bitcoin bill. As is evident from the above snippet, $126 million worth of long Bitcoin futures positions were liquidated on Monday, precipitating the cryptocurrency's collapse to the $40,000 price handle. Elizabeth Warren's Bill Would Virtually Ban Bitcoin in the US Senator Warren's […]
Some called it a well-disguised bull trap. Others called it a mirage. But Bitcoin has proven its detractors wrong for the umpteenth time this bull cycle, having scaled past the psychologically important $40,000 price level just moments ago. As is evident from the above chart, Bitcoin just created a new cycle high by hitting the $40,076 price level moments ago. The world's preeminent cryptocurrency is up 14 percent over the past month and a whopping 140 percent since the start of 2023. Okay, we're nearing in on deadline dates for 3 spot #Bitcoin ETF applications. I want to get […]
With the launch of dedicated Jim Cramer-tracking ETFs, there was widespread hope for a period of time that the CNBC host would become more circumspect in issuing his infamous investment recommendations, ones that had spawned an entire genre of contrarian investment style, based on Cramer's well-tested ability to echo the market's consensus view. Alas, with the shuttering of the Long Cramer Tracker ETF (LJIM) ETF back in August after notching just 2.2 percent gains for the year, that hope has all but disappeared. Interestingly, the Short Jim Cramer ETF (SJIM) by Tuttle Capital Management is still functional, having notched year-to-date […]
According to Bitcoin's bulls, the time to vanquish crypto detractors for good is now finally within reach, aided by the growing clarity on the regulatory front and boosted by accelerating institutional adoption. For months, the bears held sway over the broader narrative, harping on Bitcoin's price weakness to show that the world's premier cryptocurrency had no utility whatsoever in the greater scheme of things. Well, just look at how the tables have turned now! At the time of writing, Bitcoin is up an astonishing 38 percent over the past month. So far this year, the world's preeminent cryptocurrency is up […]
A change is in the air. Those of us who intimately follow Bitcoin-related developments could feel it in the innate resilience that the world's apex cryptocurrency has demonstrated over the past couple of months. Yet, it was the incorporation of a hefty...