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SEC officially acknowledges Spot Bitcoin application of Franklin Templeton, Delays Decision on Blackrock’s Application

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The U.S. Securities and Exchange Commission (SEC) has officially acknowledged the application of Franklin Templeton, a global asset manager with $1.5 trillion in assets under management, to launch a spot Bitcoin exchange-traded fund (ETF). This is a significant development for the Bitcoin industry, as Franklin Templeton is one of the largest and most reputable asset managers in the world, with a history of over 70 years and a presence in over 30 countries.

A spot Bitcoin ETF would allow investors to gain exposure to the price of Bitcoin without having to buy, store, or manage the cryptocurrency themselves. It would also provide more liquidity, transparency, and regulatory oversight to the Bitcoin market.

The SEC has 45 days to approve, reject, or extend the review period of Franklin Templeton’s application, which was filed on September 27. The SEC can extend the review period up to 240 days, which means that a final decision could come as late as May 2024.

However, some analysts are optimistic that the SEC will approve a spot Bitcoin ETF sooner rather than later, given the growing demand from institutional and retail investors, as well as the success of similar products in other jurisdictions, such as Canada and Europe. If approved, Franklin Templeton’s spot Bitcoin ETF would be the first of its kind in the U.S. and could potentially open the floodgates for more institutional adoption and innovation in the Bitcoin space.

The US Securities and Exchange Commission (SEC) has postponed its decision on whether to approve BlackRock’s Spot Bitcoin ETF, a fund that would track the price of bitcoin and hold the cryptocurrency in custody. The SEC said it needed more time to evaluate the proposal, which was filed in July, and solicit public comments. The new deadline for the decision is January 25, 2024.

SEC delays decision for BlackRock’s Spot Bitcoin ETF

BlackRock is the world’s largest asset manager, with over $9 trillion under management. It has been exploring the crypto space for a while, launching two funds that invest in bitcoin futures earlier this year. However, a spot bitcoin ETF would be a more direct way to expose investors to the digital asset, without the complexities and risks of dealing with futures contracts.

A spot bitcoin ETF would also be a first in the US, where the SEC has yet to approve any crypto ETFs, despite receiving dozens of applications from various firms. The regulator has expressed concerns about the potential for fraud, manipulation, and lack of liquidity in the crypto market, as well as the adequacy of custody and valuation methods.

Some analysts believe that a spot bitcoin ETF would have a positive impact on the price and adoption of bitcoin, as it would attract more institutional and retail investors to the space. Others argue that a spot bitcoin ETF would not be much different from existing products that allow investors to buy and sell bitcoin directly, such as Grayscale Bitcoin Trust or Coinbase.

The SEC’s delay for BlackRock’s spot bitcoin ETF comes amid a broader regulatory scrutiny of the crypto industry in the US, as lawmakers and authorities try to catch up with the rapid innovation and growth of the sector. The SEC has recently sued several crypto firms, such as Ripple and BitConnect, for allegedly violating securities laws, and has warned investors about the risks and challenges of investing in crypto assets.

Happy Independence Day Nigeria

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Today, I want to wish everyone a “Happy Independence Day”.  Our nation needs leaders to “restore the dignity of man [and woman]” with the “fierce urgency of now”. Yes, leaders who are unimpeachable, diligent, and pragmatic, with traits of decency, honor and service. With them, Nigerians will rise to the mountain-top, experiencing the unbounded promise of Oct 1 1960 as the Green White Green rose even as the British’ Union Jack was lowered.

Yes, leaders who can engineer Nigeria into rebirth and restoration to offer a prosperous nation that is colorful, fluidic, vibrant, and open for innovative changes. Political independence happened, and today we celebrate that sovereign liberation from Britain. But the fangs of evil are still evident around the land as corruption, tribalism, and nepotism are derailing a once-dynamic nation, pushing it into a miry clay. Nigeria must be independent from them before Nigeria can experience the true promise of Independence. Yes, the promises of the RISE of all, and not just a few.

We need  Leaders – people of integrity, broad knowledge, enormous vision and solid experiences; those who can stimulate more vibrancy in the private sector and move the public sector out of its current stasis. With that leadership, Nigeria will witness changes in trade, education, commerce, etc as a battalion of knowledge workers, built on our young people, emerges to give us the needed clout in the global arena.

#Believe that one day LEADERS will emerge for the land of promise to blossom, and for all men and women to experience unbounded opportunities in this land of plenty. All Nigerians deserve independence from poverty; that must be the pursuit for all. Let’s work towards it; happy independence day.

The President for the Knowledge Century

What DeFi Solutions Do Filecoin, Tezos, And Elon Musk Crypto Elonator Provide In Today’s Landscape?

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When it comes to driving innovation across major sectors, cryptocurrency pulls more than its fair share of weight.  Blockchain – The primary technology you see behind cryptocurrencies today – has been used to drive down operational costs, improve data storage capabilities, and create premium works of street art through digital assets.

DeFi technologies have been used to create value-added changes for clinics, financial institutions, postal services, restaurants, art galleries, etc. In this article, you will learn more about how Filecoin and Tezos are being used to solve critical issues and the prospects of a new presale coin called Elonator (ETOR).

Filecoin Optimizes Data Storage For Renowned Australian Cardiac Insititute

Filecoin was instrumental in organizing the data of the Victor Chang Cardiac Research Institute, a well-known research clinic based in Sydney. DSS or Distributed Storage Solutions, a storage solution present in the Fliecoin Network, helped deposit 137 TB (Terrabytes) of crucial cardiac research data.

According to the IT director of the institute, Todd Ryman, Filecoin’s data storage solution operates with lower costs when compared to “on-premise storage systems” and cloud-based solutions. Filecoin’s 1,700 clients mean the crypto has onboarded nearly 1.5 EiB or 1.7 billion gigabytes of data.

La Poste Group Launches NFT Market Place Through Tezos Blockchain

France’s biggest and official postal service has partnered with Tezos to launch an NFT marketplace where collectors can buy digital versions of street art. The NFT platform is called VirtualStreet.Art and was developed on the Tezos blockchain in collaboration with Nomadic Labs and Wagmi Studios.

<< Click Here To Learn More About Elonator Presale >>

This isn’t La Poste Group’s first collaboration with Tezos. In homage to the practice of stamp collecting, the postal services company announced its intention as far back as November 2022 to create NFT-linked physical postal stamps through the Tezos Blockchain.

While Tezos and Filecoin provide solutions in critical sectors, Elonator’s presale has grabbed the attention of investors in the crypto market due to the discounted price of the $ETOR token and extensive roadmap, which has regular giveaways planned in the form of lotteries and NFT competitions.

Elon Musk Crypto Elonator Hedges Against Crypto Market Through Stable Pricing

$ETOR tokens are not tradeable yet, positioning the crypto token as a stable asset to own against the crypto market. This is because Elonator is still in its presale, giving investors the chance to buy tokens for cheap and potentially take advantage of high price gains when the token is listed on crypto exchanges for public trading.

Alongside controlled pricing mechanisms, Elonator is a community-driven cryptocurrency with plenty of initiatives to provide early-stage investors with rewards such as the $ETOR lottery, where winners can take up to 75% of a large price pool, or the NFT competition, where you can win up to 10 ETH.

 

Elonator:

Presale: https://buy.elonator.com/
Website: https://elonator.com

Telegram: https://t.me/ElonatorCoin

Twitter: https://twitter.com/ElonatorCoin

Shiba Inu & Evil Pepe Going Toe-to-Toe In The Top Meme Coins 2023 Battle: DogeMiyagi To Show Who’s Boss

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In cryptocurrency, meme coins have carved their niche, captivating crypto enthusiasts, investors, and individuals seeking the next big trend. 2023 has witnessed Shiba Inu’s (SHIB) rise and Evil Pepe’s (EVILPEPE) emergence, both vying for dominance in top meme coins 2023. Amid this rising tide, another player, DogeMiyagi (MIYAGI), has entered the scene, projecting itself as a leader with a substantial project and long-term utility. This comparative article delves into the nitty and gritty of Shiba Inu and Evil Pepe while exploring how DogeMiyagi could lead the space with its unique approach.

Shiba Inu: The Frontrunner with Shibarium Launch

Shiba Inu is known for resembling the Shiba Inu dog breed and its “Doge killer” narrative. The community surrounding Shiba Inu is characterized by its passionate members, who actively engage in discussions and spread the meme coin’s influence.

Shiba Inu’s recent buzz revolves around its upcoming Shibarium launch, a decentralized exchange and a gaming platform. This strategic move aims to enhance the utility and practicality of the SHIB token, potentially attracting a broader audience. With its strong community and upcoming projects, Shiba Inu seems poised to remain a prominent meme coin.

Evil Pepe: Embracing Mischief in the Meme Coin Game

Evil Pepe embodies a different approach to meme coins by embracing the darker side of the meme coin game. Its audacious community-driven concept appeals to those intrigued by the allure of financial speculation and the chaotic energy of meme culture. Evil Pepe challenges conventions, daring to be different in a saturated market. The Evil Pepe community rallies around a shared understanding of taking risks and embracing chaos, creating a distinct identity in the meme coin landscape.

DogeMiyagi: Leading with Philosophy and Utility

DogeMiyagi is an intriguing player, positioning itself as a leader with a substantial project combining meme culture and token utility. Aiming to be among the top meme coins in 2023, the project draws on deep philosophical knowledge and life lessons. DogeMiyagi’s key strength lies in its fusion of entertainment and utility. Combining meme culture with a cryptocurrency’s functionality makes it stand out. Its ecosystem, powered by the MIYAGI token, supports peer-to-peer transactions and offers access to NFTs, community engagement, and governance.

The Road Ahead: Shaping the Meme Coin Landscape

While Shiba Inu, Evil Pepe, and DogeMiyagi approach the meme coin market from distinct angles, they all contribute to the dynamic nature of the cryptocurrency landscape. Shiba Inu’s Shibarium launch promises enhanced utility, Evil Pepe’s audacity embraces the chaotic spirit, and DogeMiyagi combines philosophy with practicality.

Are you eager to embark on a journey of being in the top meme coins 2023 that merges the wisdom of Mr. DogeMiyagi with the playful spirit of meme culture? The DogeMiyagi presale offers a front-row seat to an innovative crypto project that aims to redefine the meme coin landscape. By joining the presale, you’ll secure your stake in a community driven by resilience, organized growth, and a commitment to quality.

Seize the chance to join the DogeMiyagi revolution. Embrace the wisdom, unleash the power of meme magic, and secure your place within a dynamic and resilient community set to take the helm of the meme coin universe

To learn more about DogeMiyagi (MIYAGI):

Website: https://dogemiyagi.com

Twitter: https://twitter.com/Dogemiyagi

Telegram: https://t.me/dogemiyagi

As The Ripple SEC Battle Continues, Stellar Shines Bright; Leverage The Opportune Time With BIGINF’s 150% Price Increase

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The cryptocurrency realm is abuzz with the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission, as well as strategic partnerships and the emergence of new presale tokens that could potentially reshape the crypto landscape. In this article, we will delve into the contentious clash between Coinbase and the SEC, shedding light on its far-reaching implications for the broader cryptocurrency market. Additionally, we will explore Ripple’s (XRP) recent partnership with the Bank for International Settlements committee and draw comparisons to the strategy employed by Stellar (XLM).

Acknowledging that this serious and buttoned-up universe can sometimes be overwhelming, we will introduce you to the brightest star in the realm of meme coins: Big Eyes Infinity (BIGINF). Designed not only to generate staggering profits but also to entertain, we’ll examine whether this new humorous phenomenon is on the verge of a significant breakthrough.

The Ripple SEC Tiff Has Turned Into a Full On Saga

The SEC vs Ripple battle has been nothing short of a high-stakes showdown with massive implications. As noticed by John Deaton, the only way this fight will end in 2023, is by the judge granting Coinbase motion to partially or fully dismiss it. Taking a break from the court life, Ripple has recently partnered up with BIS, highlighting its commitment to transparency. As the latest Coinbase news comes to light, and XRP shows readiness to cooperate with regulators, the broader impact of the Ripple SEC case is more apparent than ever.

Amidst these thrilling updates, it’s safe to say that a new bull run is approaching, putting more promising coins into the spotlight. Emphasising transparency and security, Big Eyes Infinity will launch only on a DEX platform, airdropping all tokens to their rightful owners. This approach will not only help BIGINF build a devoted and loyal following; it will make it surge to cosmic heights in a more favourable regulatory environment.

Will The XLM Strategy Propel It to Stellar Heights?

While the Ripple SEC case remains on centre stage, Stellar is coming into the limelight with their innovative cross-border payments. This ingenious blockchain and the XLM token offer a unique proposition; with a Federated Byzantine Agreement (FBA) consensus protocol, Stellar enables faster and cheaper transactions, boasting utility and day-to-day use within crypto. In light of the recent Coinbase news, this will guarantee XLM a spot among the top coins to buy in 2023.

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Similarly to the XLM strategy, Big Eyes Infinity embarked on a journey to incorporate utility within the meme coin realm, and it’s soaring towards completing that goal full steam ahead. Making the 819 Casino a vital part of the Big Eyes ecosystem, the BIGINF token will surge as this revolutionary gaming centre gains traction. With a 1:1 Match Guarantee while in presale, make sure to secure your tokens early on.

BIGINF Thriving As The Ripple SEC Tension Fizzles Out

While the Coinbase news and SEC vs Ripple case are nothing but a whirlwind, Big Eyes Infinity offers the calm amidst the storm. With its 4-month long presale, BIGINF in immune to all market fluctuations, guaranteeing the price will only go up until the official launch. It’s an opportunity you don’t want to miss, don’t you agree?

With its charming cat appeal, Big Eyes Infinity has gained an impressive following across all social media. Guaranteeing a 150% price increase between stage 1 and 2, the loyal and vibrant Cat Crew is bound to become the most pampered and spoiled crypto community in the world.

While the Ripple SEC battle keeps making headlines, the crypto market is buzzing with excitement as the latest Coinbase news comes to light. With the potential of creating a more favourable regulatory environment, coins like Stellar and Big Eyes Infinity are on the brink of a breakthrough moment. Mixing the meme coin allure, community-centric approach, utility and security, BIGINF shines the brightest, attracting thousands of investors every day. Don’t miss out on your chance to become part of the Cat Crew, and enjoy the benefits of early investments.

 

Big Eyes Infinity (BIGINF):

Presale: https://buy1.bigeyes.space/

Website: https://bigeyes.space/

Telegram: Contact@BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin