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US Will Soon Legitimize Betting on a Completely Made-Up Thing and Call It Investing

Crypto NewsRegulation/NegotiationRetail Investors 1 Linda Williams August 15, 2024

An illustration of a clock striking midnight with confetti falling from above as an American flag waves in the background, while on either side there's a giant 'E' made out of dollar signs. In front of it all stands a large Ethereum logo surrounded by tiny images of money bags and coins pouring into each other to form a never-ending stream. The scene is set against a bright blue sky with fluffy white clouds that resemble the shape of US states, while below there's an image of Wall Street in New York City bustling with activity as people rush towards it from all directions.

The inevitable has happened – more numbskulls have convinced themselves they’re going to get rich quick by investing in a currency made of thin air, courtesy of some algorithm on a computer. Meanwhile, those who actually understand economics will be left scratching their heads wondering how this charade continues to persist

Source: bitcoin.com

US Spot Ether ETFs to Launch on July 23 Pending Final SEC Approval, Analyst Says
https://news.bitcoin.com/us-spot-ether-etfs-to-launch-on-july-23-pending-final-sec-approval-analyst-says
The U.S. Securities and Exchange Commission (SEC) has finally gotten back to issuers concerning the final approvals for spot ether exchange-traded funds (ETFs). Preliminary approval has reportedly been granted for at least three of the eight proposals set to launch next Tuesday. Issuers of these spot ether ETFs have been working with the SEC to ensure their registration statements become effective, allowing the ethereum ETFs to commence trading. The U.S. […]

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About the author

Linda Williams

Linda’s venture into cryptocurrency ended in a gut-wrenching disaster when she lost her private keys due to a ridiculous mishap involving coffee and a particularly reckless cat. With her funds locked away forever, Linda now pours her frustration into writing biting critiques of crypto’s absurdities, dripping with sarcasm. Her tagline? “I lost my private keys and my sanity. Crypto promised freedom, but all it gave me was a lifetime of regret.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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