All Articles - Page 269
12d ago
Crypto Currency
Bitcoin ETFs Win SEC Approval, Broadening Crypto Access
U.S. regulators have approved bitcoin ETFs, expanding access to the cryptocurrency and potentially attracting more investors. The Securities and Exchange Commission (SEC) has given the green light to a dozen companies, including BlackRock, Fidelity, and Grayscale, seeking to create bitcoin ETFs. These ETFs will hold bitcoin itself, unlike the previously-approved bitcoin futures ETFs that hold derivative contracts tied to BTC. The SEC's decision comes after years of delays and rejections, and follows a court loss in 2023. Advocates argue that ETFs focused on bitcoin will allow both institutional and retail clients to invest in bitcoin's price movements without the need for direct ownership of the digital asset. However, not all SEC commissioners support the decision, with Commissioner Caroline Crenshaw dissenting over concerns of fraud and manipulation in the bitcoin spot market.
12d ago
Environment
Consumer Advocacy Group Sues Starbucks Over False Advertising Claims
Starbucks is facing a lawsuit from a consumer advocacy group alleging that the company falsely advertises its commitment to ethical sourcing on its coffee and tea products.
12d ago
Music
Lil Nas X Not Accepted at Liberty University
Rapper Lil Nas X has falsely claimed that he has been accepted at Liberty University, despite never even applying.
12d ago
Ice Hockey
Chicago Blackhawks' Connor Bedard Out with Broken Jaw
Chicago Blackhawks rookie Connor Bedard will be out for 6-8 weeks with a fractured jaw.
12d ago
Basketball
Kawhi Leonard Signs 3-Year, $153M Extension with LA Clippers
Kawhi Leonard has signed a three-year, $153 million contract extension with the LA Clippers, ensuring his presence as the franchise star in their new arena next season.
12d ago
Baseball
Latest On Dylan Cease
Dylan Cease remains a top trade candidate for rotation upgrades, but the White Sox are holding firm on their asking price.
12d ago
Movies
Echo Nearly Sets Unfortunate MCU Record at Rotten Tomatoes
Despite solid feedback from critics and audiences upon its highly-anticipated debut, Echo sets an unwanted early mark for Marvel Cinematic Universe shows.
12d ago
Football
Pete Carroll Out as Seahawks Coach After 14 Seasons
After 14 seasons, 10 playoff appearances, and a Super Bowl championship, Pete Carroll is no longer the coach of the Seattle Seahawks. The team owner made the decision for the best interest of the franchise.