U.S. citizens who lost out by getting no helicopter money will look to Bitcoin as an empowering alternative, argues Gabor Gurbacs. Bitcoin (BTC) will be most attractive to United States citizens whom the government refused to bail with $1,200, one market commentator says. As it emerged that stimulus checks may be going towards purchasing BTC, […]
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Experts think that 3iQ’s latest BTC-related listing will have a positive impact on global investor sentiment toward crypto. On April 9, Canadian asset manager 3iQ announced that its efforts to launch a fund tied to Bitcoin (BTC) on the Toronto Stock Exchange had finally come to fruition after three years of continued legal disputes. As […]
Continue ReadingCanadian fund manager 3iQ has launched what Tyler Winklevoss calls ‘the first public Bitcoin fund listed on a major stock exchange.’ Canadian asset manager 3iQ has become the first firm to launch a fund tied to Bitcoin (BTC) on the Toronto Stock Exchange (TSX), after three years of legal wrangling. ‘The Bitcoin Fund’ listed nearly […]
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Wilshire Phoenix’s Bitcoin ETF has been officially rejected by the SEC because the Bitcoin market is still too heavily manipulated. The US Securities and Exchange Commision has rejected New York based firm Wilshire Phoenix’s Bitcoin Exchange Traded Fund (ETF) application, citing ongoing concerns over market manipulation and a lack of surveillance-sharing agreements. Commissioner Hester ‘Crypto […]
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Several entities with pending crypto ETF proposals in the U.S. give their thoughts as to why no such crypto product has yet passed the test with the SEC. Over the past several years, many entities have submitted proposals for regulated Bitcoin (BTC) exchange-traded funds, or ETFs in the United States. So far, the Securities and […]
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WisdomTree developing a stablecoin may signal a nascent competition among leading U.S. asset managers for dominance in the crypto sector. The news that WisdomTree, a major asset manager with $63.8 billion in assets under its belt, plans to launch a regulated stablecoin — pending approval from the United States Securities and Exchange Commission — could […]
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Blockchain startup Securrency receives over $17 million in funding as asset manager WisdomTree leads the charge to bring blockchain to ETFs. As a Bitcoin exchange-traded fund (ETF) continue to elude U.S. markets, one startup has secured $17 million that seem earmarked to bring blockchain tech to ETFs. WisdomTree announced investment in a startup called Securrency […]
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Digital asset manager IDEG is launching what it claims are Asia’s first Bitcoin trusts, with one actively-managed fund and another that gives exposure to mining revenues. Digital asset manager IDEG is launching what it claims are Asia’s first Bitcoin (BTC) trusts. The two new funds — Asia Bitcoin Trust I and Atlas Mining Trust I […]
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Despite bearish sentiment across Bitcoin markets, Bakkt is seeing more interest than ever, more than doubling its previous best from last week. Bitcoin (BTC) institutional trading platform Bakkt has set another giant new record for its futures contracts, topping 5,600 BTC on the day. As the company confirmed on Twitter, Nov. 27 saw a fresh […]
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China, tax moves and liquidity squeeze may have served to present a lethal combination, suggests Gabor Gurbacs, as Bitcoin circles $7,000. Bitcoin (BTC) price’s decline has come as a result of geopolitical and financial factors, a senior investment executive has suggested. In a tweet on Nov. 25, Gabor Gurbacs, digital asset director at investment management […]
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