Altcoins are on fire. Can this rally continue and is this a good time to buy? Let’s analyze the charts. The Chicago Board Options Exchange has withdrawn its application for the VanEck/SolidX Bitcoin (BTC) exchange-traded fund (ETF). However, VanEck’s director of digital asset strategies Gabor Gurbacs stated that they will continue to work with regulators […]
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New York financial watchdog approves three stablecoin offerings including BUSD, backed by Paxos and Binance. A sign of things to come? Over the course of the past few weeks, the global cryptocurrency community bore witness to two major announcements related to stablecoins — with the first being the launch of Paxos’s gold-backed Ethereum token, PAX […]
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The CBOE withdraws its Bitcoin ETF proposal just 2 weeks after the firm began offering a limited Bitcoin ETF and a month before the SEC had to rule on it. The Chicago Board Options Exchange’s (CBOE) BZX Equity Exchange has withdrawn its proposal before the U.S Securities and Exchange Commission (SEC) VanEck/SolidX Bitcoin (BTC) exchange-traded […]
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Bitwise has chosen BNY Mellon to act as transfer agent and administrator for its proposed Bitcoin exchange-traded fund. Bank of New York Mellon has been appointed to serve as transfer agent and administrator of Bitwise Asset Management’s proposed Bitcoin (BTC) exchange-traded fund (ETF). Bitwise amended the S-1 form that it submitted to the United States […]
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CEO of VanEck Associates Jan Van Eck said that the company is now offering a type of exchange-traded product with exposure to Bitcoin. The CEO of investment management firm VanEck Associates, Jan Van Eck, said that the company is now offering a type financial product with exposure to Bitcoin (BTC). In an interview with CNBC […]
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New product the company says “looks and feels like” a Bitcoin ETF falls flat trying to appeal to its high-end client base. Investment management firm VanEck has issued just 4 bitcoins (BTC) via its new trust focused on institutional investors. VanEck: one week, one Bitcoin basket Data from the company, spotted by economist and cryptocurrency […]
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In a recent interview, Securities and Exchange Commission Chairman Jay Clayton says there is more work to be done before approving a Bitcoin ETF. United States Securities and Exchange Commission (SEC) Chairman Jay Clayton recently spoke with CNBC’s Bob Pisani regarding the regulator’s latest take on Bitcoin (BTC) exchange-traded funds (ETFs). ‘Progress is being made’ […]
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Was yesterday’s sudden $700 Bitcoin price drop and Bakkt opening up deposits a coincidence or a classic example of “buy the rumor, sell the news”? Bakkt Warehouse custody opened yesterday, as clients were able to deposit Bitcoin funds into the accounts. However, minutes after the tweet announcing the opening, the price of Bitcoin dropped by […]
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Most major cryptocurrencies are facing selling at higher levels. Is the current dip a buying opportunity or will the price break below recent lows? Let’s analyze the charts. Asset managers VanEck and SolidX plan to offer a limited version of their Bitcoin (BTC) exchange-traded funds (ETFs) to qualified institutional buyers. While the wait for retail […]
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Investment management firms VanEck and SolidX will start selling a limited version of a Bitcoin ETF, using an SEC exemption. Following another delay on Bitcoin exchange-traded funds (ETFs), asset managers VanEck and SolidX plan to offer a limited version of their Bitcoin ETF to institutional investors. VanEck Securities and SolidX Management want to start selling […]
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