Economist and gold bug Peter Schiff has cautioned that the approval of spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) could negatively impact spot bitcoin ETFs and bitcoin. Speculation is high that the SEC will approve spot ether ETFs this week, as the securities watchdog faces two impending deadlines. Peter […]
Crypto asset manager Grayscale Investments has appointed Peter Mintzberg as CEO, effective August 15, 2024. Mintzberg, currently Global Head of Strategy for Asset and Wealth Management at Goldman Sachs, will also join Grayscale’s Board of Directors. He succeeds Michael Sonnenshein, who steps down to pursue other interests. CFO Edward McGee will serve as interim principal […]
Veteran trader Peter Brandt has accused economist and gold advocate Peter Schiff of leveraging his criticisms of bitcoin to garner attention and increase his social media following. However, Schiff countered, asserting that he is simply offering his candid perspective on the investment risks associated with bitcoin. Peter Schiff’s Bets on Dead Horses Veteran trader Peter […]
Billionaire Peter Thiel’s Founders Fund recently led the Series B funding round for the crypto-based prediction markets platform, Polymarket, which raised $ 45 million. The latest round valued Polymarket lower than the $ 1 billion it had anticipated before the Commodity Futures Trading Commission proposed a ban on events betting contracts. CFTC Seeks …
Veteran trader Peter Brandt has predicted a severe regulatory crackdown on cryptocurrency staking by U.S. regulators, including the Securities and Exchange Commission (SEC). “It’s going to be a bloodbath,” he warned, cautioning that he believes it is “illegal as hell” and will be “attacked with all-out vengeance.” ‘It’s Going to Be a Bloodbath’ Veteran trader […]