Arca to Join the Bitcoin Trust Race Competing Against Numerous Crypto Fund Rivals

Arca to Join the Bitcoin Trust Race Competing Against Numerous Crypto Fund RivalsAnother firm is joining the bitcoin trust sector, as the California fund manager Arca has filed a registration with the U.S. Securities and Exchange Commission (SEC) for its Arca Accredited Investor Bitcoin Trust. The trust will compete with a number of competitors including Grayscale’s popular bitcoin investment vehicle GBTC. Arca Files With the US SEC […]

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Aggregate ERC20 Market Cap Outpaces Valuation of ETH in Circulation by $2 Billion

Aggregate ERC20 Market Cap Outpaces Valuation of ETH in Circulation by $2 BillionData now shows that the aggregate market valuation for all the ERC20 tokens in existence has surpassed the market capitalization of Ethereum’s native coins. According to data, the net worth of the ERC20 token ecosystem is roughly $2.5 billion larger than the $26.7 billion Ethereum valuation. The cryptocurrency community has been discussing the aggregate market […]

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Market Outlook: Uncertainty Builds With Thin Trade Volumes and Bitcoin Futures Launch

Digital currency markets have dropped in value over the last three weeks, losing $25 billion since mid-August. Market prices have been creeping downward on thin global trade volume and the last two months of volatility seem to be taking a toll on short-term bullish optimism. Also Read: Bitmain Launches Next Gen Miner as Bitcoin Hashrate […]

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Bitcoin ETFs Rejected Again: SEC Denies 9 Hopefuls in 3 Decisions

Bitcoin ETF Rejections: SEC Shoots Down 7 Hopefuls in 2 DecisionsThe United States Securities and Exchange Commission (SEC) has issued three published decisions, covering nine different Bitcoin ETFs. Applications put forward by Direxion, Pro Shares, and Granite Shares were rejected along largely the same lines of argument. Also read: Meet Bitmain Founder Jihan Wu: A Most Important Man in Crypto Bitcoin ETFs Denied in Three Published […]

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SEC Postpones Deliberations on NYSE Arca Bitcoin ETFs

SEC Postpones Deliberations on NYSE Arca Bitcoin ETFsThe United States Securities and Exchange Commission (SEC) has delayed deliberations on five bitcoin exchange traded funds (ETFs) that were filed with the SEC by NYSE Arca, Inc. Also Read: PR Specialists in the Russian Crypto Space Paid 10x the Average Salary SEC Consideration of NYSE Arca Bitcoin ETFs Postponed The SEC has announced that will […]

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Two More Bitcoin ETF Proposals Withdrawn

Two More Bitcoin ETF Proposals WithdrawnThe US Securities and Exchange Commission (SEC) reportedly informed two bitcoin exchange-traded fund (ETF) aspirants their cryptocurrency products lack enough liquidity and are problematic in discovering valuation. Also read: Bitcoin Turns 9 Years Old Two Firms Withdraw Bitcoin ETF Proposals from SEC Wall Street’s main regulatory body, the US Securities and Exchange Commission (SEC), sent […]

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