Debut Canadian Bitcoin ETF nears $100 million in volume in first few hours of trading
Investors are signaling clear demand for the first Bitcoin ETF in Canada, but an American product remains far out on the horizon. Go to Source Powered by WPeMatico
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Canada Has Approved Two Bitcoin ETFs — First One Starts Trading Today
Two bitcoin exchange-traded funds (ETFs) have been approved in Canada. Evolve Bitcoin ETF has become the second bitcoin ETF to get approval by Canada’s securities regulator. The first approved bitcoin ETF starts trading Thursday. Some believe that the approval of bitcoin ETFs in Canada improves the chances of one being approved by the U.S. Securities … Read more
Bitcoin ETF approval more likely under new SEC leadership, says Ark Invest CEO
“I think the probability of an ETF has gone up,” said Cathie Wood Go to Source Powered by WPeMatico
People don’t want a ‘non-uniform currency’ like Bitcoin, says Fed President
“It’s going to be a dollar economy as far as the eye can see,” said James Bullard. Go to Source Powered by WPeMatico
From ‘not money’ to ‘staggeringly great’: what US Presidents have said about crypto and blockchain
“I don’t have Bitcoin, and I’ll never ask you to send me any,” said Joe Biden. Go to Source Powered by WPeMatico
US Government Won’t Allow Corporates to Keep Replacing Dollars With Bitcoin, Warns Investment Advisor
Dan Nathan, the founder of Risk Reversal Advisors, says that the U.S. government will not keep allowing corporations like Elon Musk’s Tesla to replace dollars with bitcoin. They won’t “let the dollar fall away from being the reserve currency for the world,” which could happen if corporations keep replacing dollars in their balance sheets with … Read more
Indian Official Provides Updates on Crypto Bill and Transition Period for Crypto Holders: Report
As the Indian government gets closer to moving forward with the cryptocurrency bill, an official from the Ministry of Finance reportedly explained what discussions the government has been having regarding the crypto bill and the impending legislation. Indian Crypto Bill’s Progress Update The Indian government is getting closer to introducing the cryptocurrency bill in Parliament. … Read more
Mirror Trading International Named Biggest Crypto Scam of the Year After Raking in $589 Million
Blockchain analysis firm, Chainalysis’ latest crime report has named Mirror Trading International (MTI) as the biggest cryptocurrency scam of 2020. Chainalysis arrived at this conclusion after an investigation found that MTI had taken in $589 million from more than 471,000 deposits. According to the report, MTI’s haul is significantly higher than that of Forsage and … Read more
Elon Musk Could Face SEC Investigation Over Tesla’s Bitcoin Buy, Lawyers Warn
The U.S. Securities and Exchange Commission (SEC) could investigate Elon Musk over Tesla’s $1.5 billion bitcoin purchase, some legal experts have warned, including a former SEC enforcement officer. Given the timing of Tesla’s bitcoin purchase and Musk’s multiple tweets on the subject, some say that the SEC will look into the matter. Elon Musk Could … Read more
Bitcoin ETF Approved: First North American Bitcoin ETF Set to Trade on Toronto Stock Exchange
The first bitcoin exchange-traded fund (ETF) in North America has been approved to launch in Canada. Purpose Bitcoin ETF, an alternative mutual fund, is expected to list and trade on the Toronto Stock Exchange. With this approval, the U.S. has fallen behind Canada in approving a bitcoin ETF. First Bitcoin ETF Approved in North America … Read more