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Doge meme Shiba Inu dog to be auctioned off as NFT

TL;DR Breakdown Doge meme to be auctioned as NFT How Doge meme came to existence Internet meme becoming a thing in NFT market The Shiba Inu dog used as a symbol of meme cryptocurrency Dogecoin is set to be auctioned off in the NFT market. The dog, which is now a global symbol would rake […]

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TL;DR Breakdown

  • Doge meme to be auctioned as NFT
  • How Doge meme came to existence
  • Internet meme becoming a thing in NFT market

The Shiba Inu dog used as a symbol of meme cryptocurrency Dogecoin is set to be auctioned off in the NFT market. The dog, which is now a global symbol would rake hundreds of thousands of dollars, given its popularity and the ongoing meme NFT trend.

The Shiba Inu dog NFT would be auctioned off in the marketplace Zora, and the bidding has already started on Tuesday. In addition, the meme would be endorsed by Know Your Meme, an internet meme database.

Like many others, proceeds from the auction of the meme photo would be donated to a charity.

Shiba Inu Dog and Doge meme, how it all began

The Shiba Inu Dog, which is now the symbol of meme coin Doge, belongs to Atsuko Sato, a Japanese nursery teacher. In 2010, Atsuko casually snapped some photos of her rescue dog, Kabosu, sitting on a couch in her apartment and uploading them to her personal blog. The photo of the dog is what translated to the symbol of Dogecoin now.

Now a decade since that famous photoshoot, Kabosu, known to the internet as the face of Doge, is 14 years old but still just as prevalent around the web.

Know Your Meme chief editor, Don Caldwell, who recently spoke with Atsuko said he is thrilled to be involved in this auction. “Doge is indisputably one of the most beloved and iconic memes in internet history, and Atsuko herself is such a lovely person,” he said.

Internet meme’s now charged for NFT markets

NFTs have turned into the burgeoning crypto trend, with artists, celebrities, and sports stars turning towards NFT to auction their popular memorabilia rather than a traditional auction house.

When the NFT frenzy became a trend, digital artists, musicians, NFL stars made the most of the market where digital artist Beeple sold his piece for $69 million, while NFL stars fetched hundreds of thousands of dollars.

Now, Internet memes are becoming a thing in the space as several popular memes, including “Disaster Girl,” “Bad Luck Brian,” “Overly Attached Girlfriend,” and “Success Kid,” have fetched several thousand dollars this NFT season. Shiba Inu Dog meme could fetch more based on its popularity. Who knows?

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.cryptopolitan.com/doge-meme-shiba-inu-dog-to-be-auctioned/

Blockchain

SEC Delays VanEck Bitcoin ETF Application—Again

The SEC has delayed another Bitcoin ETF hopeful this week, this time pushing the deadline back until as late as August.

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on

In brief

  • The SEC has again delayed the VanEck Bitcoin Trust filing, this time asking the public several key questions about the market.
  • An approved Bitcoin ETF has been heralded as a key milestone for the leading cryptocurrency.

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on VanEck’s Bitcoin exchange-traded fund (ETF), called the VanEck Bitcoin Trust. 

This is the second time this week that the Commission has pushed back a decision on a Bitcoin ETF. On June 15, the SEC postponed its decision on Kryptoin’s ETF filing.

The SEC has yet to approve any Bitcoin ETF, with chairpeople frequently citing manipulation and a lack of transparency in the crypto market as key reasons. A Bitcoin ETF has been heralded as crucial for the continued acceptance of the asset class. It would offer traditional investors less familiar with cryptocurrencies a regulated and conventional means of gaining exposure to Bitcoin. 

On this occasion, the SEC has also asked the public to comment on several key questions related to the VanEck filing. 

The Commission asks whether the filing would be vulnerable to manipulation; if the public believes the cryptocurrency industry has changed since 2016; if VanEck’s filing has curtailed any possibility of manipulation; and if Bitcoin is transparent.

The public has the next 20 days to file any comments on the above. Commenters can make submissions electronically via the Commission’s portal. Post and email are also accepted means, according to the SEC.

VanEck’s Bitcoin ETF journey

VanEck’s first filing came in June 2018 with its VanEck SolidX Bitcoin trust. The company eventually withdrew this filing in September 2019. 

The New York-based investment manager refiled a new application in December 2020, called the VanEck Bitcoin Trust. In March 2021, VanEck then proposed an amendment to the filing. 

The SEC delayed this filing in April 2021, according to a statement from the Commission. Yesterday’s announcement is the second delay of the same filing.

The VanEck Bitcoin Trust would trade shares that reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate. This rate is a U.S. dollar value that tracks the median price of Bitcoin across five exchanges. These kinds of price aggregators are often used whenever a fund manager or exchange is looking to build a financial product and needs a reliable price tracker. 

Shares of the trust would trade on the Cboe BZX Exchange, according to the filing. The filing did not cite a specific custodian that would hold the underlying Bitcoin in the Trust. 

Though many have said 2021 would be the year the SEC approves a Bitcoin ETF, the Commission continues to proceed with extreme caution. 

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://decrypt.co/73817/sec-delays-vaneck-bitcoin-etf-application-again

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Blockchain

SEC Delays VanEck Bitcoin ETF Application—Again

The SEC has delayed another Bitcoin ETF hopeful this week, this time pushing the deadline back until as late as August.

Published

on

In brief

  • The SEC has again delayed the VanEck Bitcoin Trust filing, this time asking the public several key questions about the market.
  • An approved Bitcoin ETF has been heralded as a key milestone for the leading cryptocurrency.

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on VanEck’s Bitcoin exchange-traded fund (ETF), called the VanEck Bitcoin Trust. 

This is the second time this week that the Commission has pushed back a decision on a Bitcoin ETF. On June 15, the SEC postponed its decision on Kryptoin’s ETF filing.

The SEC has yet to approve any Bitcoin ETF, with chairpeople frequently citing manipulation and a lack of transparency in the crypto market as key reasons. A Bitcoin ETF has been heralded as crucial for the continued acceptance of the asset class. It would offer traditional investors less familiar with cryptocurrencies a regulated and conventional means of gaining exposure to Bitcoin. 

On this occasion, the SEC has also asked the public to comment on several key questions related to the VanEck filing. 

The Commission asks whether the filing would be vulnerable to manipulation; if the public believes the cryptocurrency industry has changed since 2016; if VanEck’s filing has curtailed any possibility of manipulation; and if Bitcoin is transparent.

The public has the next 20 days to file any comments on the above. Commenters can make submissions electronically via the Commission’s portal. Post and email are also accepted means, according to the SEC.

VanEck’s Bitcoin ETF journey

VanEck’s first filing came in June 2018 with its VanEck SolidX Bitcoin trust. The company eventually withdrew this filing in September 2019. 

The New York-based investment manager refiled a new application in December 2020, called the VanEck Bitcoin Trust. In March 2021, VanEck then proposed an amendment to the filing. 

The SEC delayed this filing in April 2021, according to a statement from the Commission. Yesterday’s announcement is the second delay of the same filing.

The VanEck Bitcoin Trust would trade shares that reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate. This rate is a U.S. dollar value that tracks the median price of Bitcoin across five exchanges. These kinds of price aggregators are often used whenever a fund manager or exchange is looking to build a financial product and needs a reliable price tracker. 

Shares of the trust would trade on the Cboe BZX Exchange, according to the filing. The filing did not cite a specific custodian that would hold the underlying Bitcoin in the Trust. 

Though many have said 2021 would be the year the SEC approves a Bitcoin ETF, the Commission continues to proceed with extreme caution. 

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://decrypt.co/73817/sec-delays-vaneck-bitcoin-etf-application-again

Continue Reading

Blockchain

SEC Delays VanEck Bitcoin ETF Application—Again

The SEC has delayed another Bitcoin ETF hopeful this week, this time pushing the deadline back until as late as August.

Published

on

In brief

  • The SEC has again delayed the VanEck Bitcoin Trust filing, this time asking the public several key questions about the market.
  • An approved Bitcoin ETF has been heralded as a key milestone for the leading cryptocurrency.

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on VanEck’s Bitcoin exchange-traded fund (ETF), called the VanEck Bitcoin Trust. 

This is the second time this week that the Commission has pushed back a decision on a Bitcoin ETF. On June 15, the SEC postponed its decision on Kryptoin’s ETF filing.

The SEC has yet to approve any Bitcoin ETF, with chairpeople frequently citing manipulation and a lack of transparency in the crypto market as key reasons. A Bitcoin ETF has been heralded as crucial for the continued acceptance of the asset class. It would offer traditional investors less familiar with cryptocurrencies a regulated and conventional means of gaining exposure to Bitcoin. 

On this occasion, the SEC has also asked the public to comment on several key questions related to the VanEck filing. 

The Commission asks whether the filing would be vulnerable to manipulation; if the public believes the cryptocurrency industry has changed since 2016; if VanEck’s filing has curtailed any possibility of manipulation; and if Bitcoin is transparent.

The public has the next 20 days to file any comments on the above. Commenters can make submissions electronically via the Commission’s portal. Post and email are also accepted means, according to the SEC.

VanEck’s Bitcoin ETF journey

VanEck’s first filing came in June 2018 with its VanEck SolidX Bitcoin trust. The company eventually withdrew this filing in September 2019. 

The New York-based investment manager refiled a new application in December 2020, called the VanEck Bitcoin Trust. In March 2021, VanEck then proposed an amendment to the filing. 

The SEC delayed this filing in April 2021, according to a statement from the Commission. Yesterday’s announcement is the second delay of the same filing.

The VanEck Bitcoin Trust would trade shares that reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate. This rate is a U.S. dollar value that tracks the median price of Bitcoin across five exchanges. These kinds of price aggregators are often used whenever a fund manager or exchange is looking to build a financial product and needs a reliable price tracker. 

Shares of the trust would trade on the Cboe BZX Exchange, according to the filing. The filing did not cite a specific custodian that would hold the underlying Bitcoin in the Trust. 

Though many have said 2021 would be the year the SEC approves a Bitcoin ETF, the Commission continues to proceed with extreme caution. 

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://decrypt.co/73817/sec-delays-vaneck-bitcoin-etf-application-again

Continue Reading

Blockchain

SEC Delays VanEck Bitcoin ETF Application—Again

The SEC has delayed another Bitcoin ETF hopeful this week, this time pushing the deadline back until as late as August.

Published

on

In brief

  • The SEC has again delayed the VanEck Bitcoin Trust filing, this time asking the public several key questions about the market.
  • An approved Bitcoin ETF has been heralded as a key milestone for the leading cryptocurrency.

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on VanEck’s Bitcoin exchange-traded fund (ETF), called the VanEck Bitcoin Trust. 

This is the second time this week that the Commission has pushed back a decision on a Bitcoin ETF. On June 15, the SEC postponed its decision on Kryptoin’s ETF filing.

The SEC has yet to approve any Bitcoin ETF, with chairpeople frequently citing manipulation and a lack of transparency in the crypto market as key reasons. A Bitcoin ETF has been heralded as crucial for the continued acceptance of the asset class. It would offer traditional investors less familiar with cryptocurrencies a regulated and conventional means of gaining exposure to Bitcoin. 

On this occasion, the SEC has also asked the public to comment on several key questions related to the VanEck filing. 

The Commission asks whether the filing would be vulnerable to manipulation; if the public believes the cryptocurrency industry has changed since 2016; if VanEck’s filing has curtailed any possibility of manipulation; and if Bitcoin is transparent.

The public has the next 20 days to file any comments on the above. Commenters can make submissions electronically via the Commission’s portal. Post and email are also accepted means, according to the SEC.

VanEck’s Bitcoin ETF journey

VanEck’s first filing came in June 2018 with its VanEck SolidX Bitcoin trust. The company eventually withdrew this filing in September 2019. 

The New York-based investment manager refiled a new application in December 2020, called the VanEck Bitcoin Trust. In March 2021, VanEck then proposed an amendment to the filing. 

The SEC delayed this filing in April 2021, according to a statement from the Commission. Yesterday’s announcement is the second delay of the same filing.

The VanEck Bitcoin Trust would trade shares that reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate. This rate is a U.S. dollar value that tracks the median price of Bitcoin across five exchanges. These kinds of price aggregators are often used whenever a fund manager or exchange is looking to build a financial product and needs a reliable price tracker. 

Shares of the trust would trade on the Cboe BZX Exchange, according to the filing. The filing did not cite a specific custodian that would hold the underlying Bitcoin in the Trust. 

Though many have said 2021 would be the year the SEC approves a Bitcoin ETF, the Commission continues to proceed with extreme caution. 

Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://decrypt.co/73817/sec-delays-vaneck-bitcoin-etf-application-again

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