Eclipse CEO Steps Down Amid Sexual Misconduct Allegations
According to reports Eclipse founder and CEO Neel Somani steps back from his position amid sexual misconduct allegations.
The United States and Exchange Commission has officially green lit the first regulated spot Bitcoin ETF in the country.
The regulator gave its official approval from applications from several financial exchanges. These include ARK 21Shares, Invesco Galaxy, VanEck, WisdomTree, Fidelity, Valkyrie, BlackRock, Grayscale, Bitwise, Hashdex and Franklin Templeton. The approval will allow the exchanges to list and offer trading for a spot Bitcoin ETF.
This approval marks the first ever exchange-traded product in the country that will give investors exposure to Bitcoin. The concept of the ETF means investors can buy shares in the ETF, which is underpinned by Bitcoin’s price, without directly buying Bitcoin or buying cryptocurrency through another exchange or ATM.
“It’s really about is removing any of the last barriers that may have kept people from looking at the space, and now that they can access it, they can access it at what we think is a very attractive price point, we think that it is going to increase the number of people.”
According to reports Eclipse founder and CEO Neel Somani steps back from his position amid sexual misconduct allegations.
The partnership between Mastercard and the significant banking giants in the US is aimed at streamlining multiple asset-class settlements.
After 7 years of operations serving the XMR community Monero’s version of LocalBitcoins announced that it is closing.
The sudden rise in Ore mining transaction, combined with the recent meme coin mania were behind Solana’s April congestion issue.