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Approving a Spot BTC ETF Would be ‘Hard to Resist,’ Former SEC Chair Says

Jay Clayton – former Chairman of the US Securities and Exchange Commission (SEC) – believes the agency should approve a spot Bitcoin ETF in America if the interested companies prove the safety of the product. However, he could not predict when such a green light would come. Multiple behemoths, including BlackRock, Invesco, and Fidelity Digital Assets, have recently filed to launch such a fund. The SEC has previously given its nod to a futures BTC ETF but has been reluctant to...

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Apple Expands Retail Reach in China with Official Store Opening on WeChat 

[unable to retrieve full-text content]CoinspeakerApple Expands Retail Reach in China with Official Store Opening on WeChat  While the Chinese smartphone market experienced a 5% decline in sales during the first quarter of 2023, Apple's iPhone sales demonstrated resilience, growing by 6% year-on-year during the same period. Apple Expands Retail Reach in China with Official Store Opening on WeChat 

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Vanguard Group Buys 10% Stake In Bitcoin Miner Riot

The $7 trillion asset management giant Vanguard Group now owns a 10.24% stake in Riot Blockchain (NASDAQ: RIOT) – the world’s largest Bitcoin mining company. A filing with the Securities and Exchange Commission (SEC) on Monday showed that Vanguard has upped its exposure to the firm from 15.2 million shares to 17.9 million. Based on Riot’s current share price, Vanguard’s stake is now worth $295 million. The company also bought millions of shares in competing firm Marathon...

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Coinswapz Travel Says “Yes” to Crypto Payments

Coinswapz Travel – a new kind of travel company based in the United Arab Emirates – is making headlines after it announced that travel hounds and general customers can utilize digital currencies to book their trips and take care of other vacation-related expenses. Coinswapz Will Accept Crypto Payments The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its...

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Cardano (ADA) Price Analysis: Is the Recovery Just Getting Started?

ADA price is struggling to climb above the $0.2920 zone against the US Dollar. The price is now trading near $0.288 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.2850 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.292 and $0.302 levels. Cardano price is holding the $0.276 support against the US Dollar, similar to Bitcoin. ADA price could...

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Ethereum Price Analysis: ETH Aims Fresh Run To $2,000

Ethereum price is eyeing an upside break above the $1,900 resistance against the US Dollar. ETH price is now trading below $1,890 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $1,900 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,825 support zone. Ethereum price is rising above the $1,850 level against the US Dollar. ETH/USD could rise further if it...

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