The U.S. Securities and Exchange Commission (SEC) is denying applications to establish two Bitcoin (BTC) exchange-traded funds (ETFs) based on the spot market. According to documents from the SEC, the regulator is rejecting NYSE Arca’s bid to change a rule to list and trade shares of the NYDIG Bitcoin ETF. The decision comes months after the […]

The post U.S. Securities and Exchange Commission Rejects Two Bitcoin Spot Exchange-Traded Funds (ETFs) appeared first on The Daily Hodl.

Bitcoin tested $40K once again on the reports that Putin is making progress in talks with Ukraine amid the escalating tensions between the countries so let’s read more today in our latest Bitcoin news. Bitcoin’s price surged by over $1000 and it is now challenging the psychological level of $40K. Bitcoin tested $40k on reports […]

This week was riddled with volatility as Bitcoin's price went on a wild ride. We also saw Biden's executive order, the highest CPI numbers in decades, and more.

The crypto stocks rally while Bitcoin drops below $40,000 but later managed to make some gains after the Biden administration signed its plans for the industry so let’s read furhter in our latest Bitcoin news. The old saying “Buy the rumor, sell the news” was in full effect in the past 36 hours, and a […]

Goldman is just one of multiple Wall Street banks allegedly exploring a similar product. 

The Biden Administration's executive order on crypto was surprising, and comprehensive.

U.S. President Joe Biden has signed a “historic” executive order on crypto assets, establishing “a national policy for digital assets across six key priorities,” the White House stated. The executive order outlines “the first-ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology.” President Joe Biden’s […]

The long-awaited executive order sets high-level goals for federal policy, but the details are yet to become clear

The post Biden Signs Crypto Executive Order Promoting “Responsible Innovation” appeared first on Blockworks.

Ron Wyden, a US Democrat Senator from Oregon and one of the most influential members of Congress in the country, has warned that a tough stance on cryptos could be unhealthy for the booming industry.

BlockFi must fork out $100 million to US regulators, the highest crypto settlement in SEC history. Now, it could face a class action.

The post Disgruntled BlockFi users push class-action after record SEC settlement appeared first on Protos.

There has been a record low for a Report lately. A hostile macroeconomic backdrop and even negative litigation have pushed the stock to its lowest point, in addition to gloomy considerations including growth misses, severe competition, and customer losses. It has been an underwhelming start for Robinhood’s stock since its debut on the public market. […]

Gary Gensler, head of the U.S. Securities and Exchange Commission (SEC), has alluded to the idea that Bitcoin is in competition with the American financial system and its global consensus. Speaking with former SEC Chairman Jay Clayton at the DACOM 2021 conference, Gensler said Satoshi’s original idea for Bitcoin has ultimately become at odds with […]

The post SEC Chair Gary Gensler Says Bitcoin in Competition with US Banking System appeared first on Coin Bureau.