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The SEC’s rejection of VanEck’s spot Bitcoin ETF application may have influenced Nov. 12’s drop to $62,000, but most traders view the correction as a buying opportunity. Go to Source Powered by WPeMatico
The SEC said any rule change in favor of approving the ETF would not be “‘designed to prevent fraudulent and manipulative acts and practices” nor “protect investors and the public interest.” Go to Source Powered by WPeMatico
ETH price dropped to $4,400 during Thursday’s correction, but data shows traders expect the altcoin to surpass $5,000 soon. Go to Source Powered by WPeMatico
Bitwise’s CIO explained why the firm has decided to drop its Bitcoin futures ETF and focus on the spot Bitcoin ETF. Go to Source Powered by WPeMatico
While BTIO is going from strength to strength with a total of $1.4 billion worth of inflows since late October, one expert thinks that VanEck’s Bitcoin spot ETF has a 200-1 chance of being approved by the SEC. Go to Source Powered by WPeMatico
Commissioner Caroline Crenshaw wants DeFi projects to cooperate with the SEC in order to find solutions for compliance with existing regulations. Go to Source Powered by WPeMatico
Coinbase posted total net revenue of $1.235 billion in Q3 falling 30% short of FactSet estimates of $1.614 billion. Go to Source Powered by WPeMatico
The company said it intends to use the proceeds for construction costs and rigs at its Texas crypto mining facility, expected to be operational in 2022. Go to Source Powered by WPeMatico
The Securities and Exchange Commission is scheduled to rule on another spot Bitcoin ETF application from VanEck by Nov. 14. Go to Source Powered by WPeMatico
The infrastructure bill has passed, much to the crypto community’s chagrin, yet the key battles lie ahead. Go to Source Powered by WPeMatico
