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The 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 … Read more
Blockchain technology could be a godsend for the commodities trading industry. Transparency between market participants, real-time tracking of goods, and the possibility of proactive regulation are among the benefits that make the blockchain a perfect fit for the industry. However, according to a report compiled by the Boston Consulting Group, it’s not so straightforward. In … Read more
Pantera Capital has raised $71.4 million for its third crypto venture fund, a filing with the US Securities and Exchange Commission has revealed. The filing, which was submitted on August 15, indicated that Pantera received money from 90 investors for the new fund. This is its third crypto-focused fund and by far its biggest, with … Read more
Instead of overreacting to the recent Bitcoin ETF decision, investors should focus on more bullish news in crypto markets, Pantera Capital CEO claims Go to Source Powered by WPeMatico
Gabor Gurbacs, the director of digital assets at VanEck, recently said it remains uncertain whether institutional investors will commit to crypto in 2018, due to the regulatory burden on the asset class. Price Isn’t Reacting to Positive News Since early August, the cryptocurrency sector has seen some of the most positive developments in the industry’s … Read more
Tom Lee believes that Bitcoin’s current price and volatility levels mean the cryptocurrency “isn’t broken” Go to Source Powered by WPeMatico
Intercontinental Exchange, the parent company of the New York Stock Exchange, has announced that it intends to create a global platform for the purchase, sale and spending of digital assets. ICE will undertake this venture through Bakkt, a new company which it will form to oversee the creation of the platform. Bakkt will partner with … Read more
“Customers will not be able to pay for Frappuccinos with bitcoin,” Starbucks clarifies, after media misleadingly report on the company’s new crypto-related venture Go to Source Powered by WPeMatico
Intercontinental Exchange (ICE), owner of arguably the most important stock exchange in the world, the New York Stock Exchange (NYSE), is introducing a new company, Bakkt. The idea is to weave bitcoin into 401(k)s, credit cards, and retail. The project is getting a lot of hype due in large measure to two very powerful backers: … Read more
An NYSE trader said in an interview with Yahoo Finance that currently Bitcoin is “very iffy,” commenting on the establishment of BTC exchange Bakkt Go to Source Powered by WPeMatico
