Learn How Trade Crypto
In a soon-to-be-published interview, Securities and Exchange Commission (SEC) Commissioner Robert J. Jackson Jr. has recently revealed he expects a Bitcoin Exchange-Traded Fund (ETF) to “eventually” be approved, as a proposal is set to satisfy all of the regulator’s requirements. According to a tweet published by Adjunct Professor at NYU Stern Drew Hinkes, Jackson believes it’s a […]
CBOE resubmitted its joint proposal with VanEck and SolidX to the U.S. Securities and Exchange Commission, to launch the first U.S. Bitcoin exchange-traded fund. The digital asset strategist/director at VanEck, Gabor Gurbacs, took to Twitter to make the announcement. Gabor [email protected] The VanEck SolidX Bitcoin ETF proposed rule-change has been submitted by CBOE. Hard work […]
Cboe Global Markets Inc. pulled its application to list the first Bitcoin exchange-traded fund, blaming the U.S. government shutdown. The decision was announced in a Wednesday filing with the U.S. Securities and Exchange Commission. Bitcoin’s price fell following the disclosure. Most SEC employees are furloughed because of the partial closure of the federal government. That poses a […]
New details have surfaced about the bitcoin exchange-traded fund (ETF) proposed by Bitwise and NYSE Arca. Bitwise Asset Management announced its intention to launch the ETF earlier this month. If approved, it would be the first bitcoin ETF to make it to market in the U.S. At the time, the company said NYSE Arca would file the 19b-4 rule […]
There’s now a strong correlation between traditional asset markets and bitcoin (BTC), the flagship cryptocurrency, according to an article recently published on the Wall Street Journal (WSJ). Referencing data from research and analytics firm Excalibur Pro Inc., the WSJ noted that over the past five days, bitcoin has been trading at a 0.84 correlation to the gold bullion. […]
Crypto has been through a lot in the past 12 months, and while the last year’s situation indicated that big things might happen, 2018 quickly crushed such hopes. On December 16th 2017, the crypto space, led by Bitcoin itself, reached the heights that no one even imagined a few years earlier. Each Bitcoin was valued at […]
Bitcoin (BTC) is expected to retrace after a prolonged rally since the beginning of this month. The 4H chart for BTC/USD shows that the price has entered a rising wedge. We can see that the price has already faced rejection three times at the top of the wedge and is now preparing for a fall. RSI has […]
Sunday, Nov. 4: crypto markets have seen a lot movement today, with most of the top 20 coins by market cap seeing significant growth, and with Bitcoin Cash (BCH) spiking almost 21 percent by press time. Market visualization from Coin360 Bitcoin Cash, the fourth top cryptocurrency by market capitalization, has grown sharply from $473 at the beginning of the […]
The Bitcoin ETF saga continues this week, with further word from the now famous VanEck Bitcoin ETF application. In case you’re not familiar or you’ve (somehow) totally forgotten, ETF stands for Exchange Traded Fund. In short, the United States Securities and Exchange Commission (the SEC) who are in charge of financial matters within the US […]
The debate about what Bitcoin (BTC-USD) actually is from the U.S.’s regulatory standpoint is finally over. The Commodity Futures Trading Commission (CFTC) recently officially classified Bitcoin as a commodity, which essentially means it assumes regulatory responsibility over the digital asset. So, why is this significant you ask? Well, now that Bitcoin is officially classified as a commodity, it […]