Currencies

Large Wall Street firms are blocking retail investors from accessing the new “spot" Bitcoin ETFs recently approved by the SEC, FOX Business has learned.

The SEC has opened up cryptocurrencies to a new crop of investors after approving spot Bitcoin ETFs in a move that will offer more protections for those investing in the asset class.

The SEC is approving for the first time Bitcoin spot ETFs for trading, the move is considered a game-changer for cryptocurrency investors big and small.

Sen. J.D. Vance, R-Ohio, and Thom Tillis, R-N.C., wrote a scathing letter to the Securities and Exchange Commission demanding an explanation for the false X post on Bitcoin ETFs.

News of a Bitcoin ETF approval is false after the SEC's X account was "compromised" late Tuesday as regulators scrambled to tell investors no decision has been made, although one is expected by Wednesday.

The Securities and Exchange Commission's official government account on the social media platform X was not hacked or breached when it posted about Bitcoin, X's safety team found.

The SEC announced on X that it signed off on approval for a Bitcoin exchange for spot ETF approvals. Only it didn't happen. The SEC's X account was hacked and Gary Gensler had to retract

Bitcoin smashed through $45,000 on New Year's Day for the first time since April 2022, as the world’s largest cryptocurrency continues its recent run after a spectacular 2023.

Cryptocurrency has increased in popularity, which has led to more frequent— and sophisticated — schemes in recent years as scammers look to take advantage of investors.

News of the calls has fueled speculation among some industry participants that the agency could be gearing up to approve applications before the end of the year, instead of January.

About a dozen companies, including BlackRock and Fidelity, have applied for a spot bitcoin ETF, or one that is valued off the real-time price of the digital asset.

Bitcoin has been climbing and the tailwinds behind the largest cryptocurrency by market value may continue to drive prices higher into 2024. Coinbase is also sending off a bullish signal.

Bitcoin rose to $42,162 on Monday in a new surge fueled by interest rate cut expectations and traders betting that U.S. regulators will soon approve exchange-traded spot bitcoin funds.

According to the U.S. Currency Pricing guide, depending on certain factors, some $2 bills' face value could be worth a lot more.

The trial of FTX founder Sam Bankman-Fried shed light on the complex world of cryptocurrencies as well as layering in the celebrities that got caught up in SBF's web.

A welder in northern Colorado agreed to settle a dispute with another welder, then paid $23,500 in nothing but quarters, nickels, dimes and pennies.

A false rumor rippled through the crypto world on Monday, sending Bitcoin prices higher after a report said the SEC had approved BlackRock's Bitcoin ETF application. CEO Larry Fink weighs in.

Sam Bankman-Fried's ex-girlfriend Caroline Ellison testified that she and the FTX founder committed crimes together. She also provided details about the couple's private communication.

The collapse of Sam Bankman-Fried's cryptocurrency exchange FTX has led to an increased focus on the role played by Alameda Research and its CEO Caroline Ellison, also SBF's former gal pal, in the firm's implosion.

Before FTX's collapse, and in the weeks following, Bitcoin prices saw extreme volatility to the downside but have since clawed their way back due to a number of factors unrelated to the bankruptcy.