Dennis M. Kelleher, CEO of nonprofit organization Better Markets, has urged the United States Securities and Exchange Commission (SEC) to not approve a spot Bitcoin exchange-traded fund (ETF). He argued that it goes against the core principles of the regulatory body. In a letter addressed to SEC secretary Vanessa Countryman on Jan. 5, Kelleher emphasized that if…

Artificial intelligence startup Perplexity announced a series of milestones and updates on Jan. 4. Highlighting the news is the company’s Series B successful completion, which raised $73.6 million. The fundraise was led by IVP, whose investment portfolio includes numerous crypto and fintech companies such as Coinbase and Robinhood. It was joined by Series A investors…

Speculation that the SEC is set to approve a spot Bitcoin exchange-traded fund (ETF) on Friday has reached a fever pitch on social media. A tweet from Grayscale’s legal chief that he was “just filling out some forms,” in addition to a widely shared tweet from a reporter has fueled speculation that approval could come through…

The governance token of the Ethereum Name Service (ENS) surged as high as 72% on Jan. 3 after the domain platform received praise from Ethereum co-founder Vitalik Buterin. In a Jan. 3 post to X (formerly Twitter), Buterin lauded the Ethereum Name Service as “super important” and reiterated that the platform should remain accessible and…

The crypto fundraising space keeps showing consistent and gradual recovery, with millions injected into startups’ rounds of all sizes in December. Among the month’s highlights, venture capital firm Foresight Ventures disclosed a third $10 million accelerator dedicated to companies exploring artificial intelligence, Bitcoin Ordinals and direct-to-consumer protocols, while Hong Kong-based GBA Capital also pledged $10 billion to establish a…

Amid the mix of anticipation and skepticism about the potential approval of the first spot Bitcoin exchange-traded fund (ETF) in the United States, prominent Bitcoin critic and gold proponent Peter Schiff has warned BTC enthusiasts to be careful what they wish for. In a tweet on X (formerly Twitter), Schiff said spot Bitcoin ETFs could have…