On Friday evening, May 21, Bitcoin (BTC) once again crashed under $35,000 for the second time in a week following China announcing a crackdown on Bitcoin mining operations. Bitcoin short-term investors ended up booking heavy losses while whales started buying the dips. The interesting news is that just as Bitcoin continues to trade at new
The PBOC is currently leading the CBDC race. Despite this, the digital yuan will not dethrone the U.S. dollar, according to SEC commissioner, Hester Pierce.
2021 is the year when Bitcoin ETFs may be a reality as many noted firms like Grayscale, Galaxy Digital, Kryptonian, VanEck etc. are already competing for First Bitcoin ETF in US. It is notable that SEC is on a timeline and is expected to reply with yes or no by first week of May to
Hit Trump where it hurts by buying his Tweets to help out charities, a new scheme to enable NFT purchasers to offset carbon emissions, and get yourself a piece of a Punk.
Not too long ago, Canada – the United States’ neighbor to the north – introduced its respective continent to the first ever bitcoin-based exchange-traded fund (ETF). The product has experienced solid popularity in this short period and is now valued at more than $1 billion in total assets. A Bitcoin ETF Is Truly as Popular as They...
With so many companies getting involved in the bitcoin-based exchange-traded fund (ETF) game as of late, it makes sense that a large financial firm such as Fidelity Investments would throw its wrench into the pot. Fidelity Is Looking to Establish a Bitcoin ETF Fidelity was one of the first financial brokers to offer digital currency...
Brazil Securities and Exchange Commission (CVM) approved Latin America’s first Bitcoin Exchange Traded Fund (ETF). Requested by firm QR Asset Management, their Bitcoin ETF will trade under the ticker QBTC11 on exchange B3. This platform is the world second to launch a ETF backed by the cryptocurrency, after Canada greenlighted one in February. The QBTC11 […]
Pro crypto Securities and Exchange Commission (SEC) Commissioner Hester Pierce talked about the U.S. current regulatory landscape on Bitcoin’s Association YouTube channel. The Commissioner revealed that some progress has been made to change the approach the regular have on digital assets. Pierce has chosen to focus on the innovations brought by digital assets and cryptocurrencies […]
Filan is representing former Ripple CEO Christian Larsen and current CEO Brad Garlinghouse in the suit brought on by the Securities and Exchange Commission (SEC). In the letter, filed by the SEC, the two sides inform the court that they have agreed on proposed dates for presenting arguments regarding the defendants’ motions to dismiss the … Continued
Bitcoin price attained a new all-time-high just $60 short of the $50,000 mark post which the price saw a minor correction of $1,000. The top cryptocurrency still looks quite bullish as miners’ selling has slowed down significantly which is a bullish sign suggesting miners are expecting the price to go further up. The net position
China’s LD Capital tweeted the announcement on the start of Polkadot Ecosystem Fund on Jan. 21. The fund will engage in capital support, community building, development advisory, and marketing to early stage projects focused on Polkadot. LD Capital set the fund at $10 million. LD Capital LD Capital is one of China’s oldest venture capital … Continued