XRP price bounces to $0.72 but still risks new lows in April — here’s why
XRP risks plunging to $0.50 in April as it breaks out of a classic bearish continuation structure. Go to Source Powered by WPeMatico
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Survey of financial advisers and Grayscale comments suggest strong support for spot crypto ETF
“The vast majority of advisors we surveyed either plan to begin allocating to crypto or increase their existing allocation to crypto,” said Nasdaq’s Jake Rapaport. Go to Source Powered by WPeMatico
Law Decoded: Crypto risks, imaginary and real, and creative ways of addressing them, April 4–11
The Treasury admits there’s not much crypto-aided sanctions evasion going on, stablecoins attract regulatory attention, and a fourth futures-based BTC ETF secures approval. Go to Source Powered by WPeMatico
Grayscale CEO pleads Bitcoin spot ETF as SEC backs third BTC Futures ETF
U.S. Securities and Exchange Commission has approved another Bitcoin futures ETF; could this mean a spot ETF is on its way? Go to Source Powered by WPeMatico
President Biden is preparing to announce picks for SEC commissioners: Report
Only one seat currently remains vacant out of the panel of five SEC commissioners, but Allison Lee is expected to depart when her term expires in June. Go to Source Powered by WPeMatico
ProShares files with SEC for Short Bitcoin Strategy ETF
The exchange-traded fund will be based on daily investment results corresponding to the inverse of the return of the CME Bitcoin Futures Contracts Index for a day. Go to Source Powered by WPeMatico
SEC Chair Gensler Asks Staff to Collaborate With CFTC on Regulating Crypto Exchanges
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity Futures Trading Commission (CFTC) to develop a new plan to regulate cryptocurrency trading platforms. SEC Wants to Work With CFTC on Regulating Crypto Exchanges The chairman of the U.S. Securities and Exchange Commission (SEC), … Read more
Bitcoin Mining Startup Primeblock to Go Public via SPAC Merger as SEC Targets SPAC Deals
The bitcoin mining startup Primeblock has announced plans to go public via a special purpose acquisition company (SPAC) deal. Primeblock will merge with a blank-check firm 10X Capital Venture Acquisition Corp. II, and the company’s shares will be listed on Nasdaq. Primeblock Reveals SPAC Merger With Plans to Be Listed on Nasdaq in the Second … Read more
SEC chair: retail crypto investors should be protected
“There’s no reason to treat the crypto market differently just because different technology is used,” said Gary Gensler. Go to Source Powered by WPeMatico
Law Decoded: ‘Unhosted’ wallets are just ‘wallets,’ March 28–April 4
Yet another regulatory attack on self-hosted wallets, a digital dollar with privacy protections, and more of the same for spot BTC ETFs. Go to Source Powered by WPeMatico
