Bitcoin ETF – Page 27

SEC Has No Jurisdiction to Look at Bitcoin for ETF Decision, Admits Commissioner

A commissioner of the U.S. Securities and Exchange Commission (SEC) has voiced her opinion that the agency overstepped its bounds to reject a bitcoin ETF recently based on the underlying asset, bitcoin. She believes that the role of the SEC is to consider the market for the ETF, not the underlying asset itself. Also read: Yahoo! […]

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Bitcoiners Hope to Have a Friend in Top US Regulator Jay Clayton

Bitcoiners Hope to Have a Friend in Top US Regulator Jay Clayton Bitcoin might have a mole, a sympathetic insider at the highest levels of the US financial regulatory apparatus, if recent ecosystem press accounts are to be believed. According to a US Securities and Exchange Commission (SEC) meeting transcript, SEC Chair Jay Clayton has privately expressed deep knowledge of cryptocurrencies, including during a heated exchange with […]

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Bitcoin Price Watch: Currency at $8,195

At press time, the father of cryptocurrency is up by roughly $20 from yesterday and is now trading for $8,195. Bitcoin has been on the verge of a dramatic comeback over the past few days, and though the currency is “standing still” for the time being, we can be grateful that it had the strength […]

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Why an Early Uber and Airbnb Investor Thinks Everyone Should Invest in Crypto

Jeffrey Wernick, an accredited investor and an early stakeholder in Uber and Airbnb, arguably two of the most successful technology startups created in the past decade, believes everyone should invest in crypto as an alternative store of value. Bitcoin Outperformed Every Currency Since 2009 During an interview with Business Insider, Wernick emphasized that many investors […]

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Bitcoin Price Watch: Currency at $8,175

At press time, the father of cryptocurrency is still in the high $8,100 range – the same mark it struck yesterday. This is a good sign that current support stands strong, and bitcoin is not dropping any lower. According to one source, however, the currency’s upcoming resistance could potentially put its bull run to a […]

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Winklevoss Bitcoin ETF Rejection Causes Dissent on SEC Commission

As was to be expected, the SEC has rejected another Bitcoin ETF proposal. The Winklevoss twins had submitted their ETF proposal some time ago, and received word that it would not be accepted. This decision by the SEC caused some internal dissent, as Commissioner Hester Peirce is not in favor of this outcome. Winklevoss ETF […]

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Bitcoin Price Watch: Currency at $8,172

The price of bitcoin has fallen a bit at press time, with the father of crypto trading in the high $8,100 range. This is a small step back from yesterday’s price of $8,205, and probably nothing to be too concerned about. The $8,000 level has proven to be a comfortable spot for bitcoin as of […]

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Exchanges Round-Up: CME Volume Doubles Q2, Lawyer Predicts SEC Delays ETF Until March

Exchanges Round-Up: CME Volume Doubles in Q2, Lawyer Predicts SEC Delays ETF Until March In recent news pertaining to cryptocurrency exchanges, Chicago Mercantile Exchange (CME) has revealed that trading volume on its bitcoin futures markets nearly doubled during Q2; lawyer Jake Chervinsky has predicted that the United States Securities and Exchange Commission (SEC) may postpone its determinations regarding Vaneck’s proposed bitcoin exchange-traded fund (ETF) until March 2019; and Bitmex […]

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Major Bitcoin ETF Rejected by SEC: One Commissioner Disagrees Publicly

Major Bitcoin ETF Rejected by SEC: One Commissioner Disagrees Publicly Thursday, July 26 might go down as a severe setback for the prospect of bitcoin exchange-traded funds (ETFs). For the second time, the same major trust applying for bitcoin ETF approval was rejected by the United States Securities and Exchange Commission (SEC). SEC Release No. 34-83723, File No. SR-BatsBZX-2016-30 formally denied the Winklevoss Bitcoin Trust […]

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Can the Recent Upward Market Momentum Hold? Why You Should Be Cautious

Bitcoin was trading at just over $8,350 at press time, a 6 percent increase over the past 24 hours and an incredible 40 percent increase over the previous month. The king of cryptos has been on a great run in the last week especially, and its price now sits above $8,300 for the first time […]

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