Cryptocurrency Market Slump Sees $642 Billion Dumped So Far in 2018
The cryptocurrency market capitalization on September 12 established a new yearly low near circa $187 billion. The drop amounts to a total of $642 billion…
Tag: etf
Are crypto whales ramping up manipulation to shut-down the possibility for an ETF approval?
The cryptocurrency markets experienced another dramatic crash yesterday, with almost two weeks’ worth of upside being completely undone within a matter of 12 hours. Just…
Crypto Market in Free Fall- Is it Fundamental, Technical or Something More Sinister?
There is an unprecedented free fall in prices of nearly all major cryptocurrencies in past 24 hours. While there is no specific reason that one…
Investment Bank (RBC) Analyst Still Expecting Crypto Market Cap of $10 Trillion in 10-15 Years
On Wednesday (5 September 2018), Mitch Steves, a research analyst at global investment bank RBC Capital Markets, said in an interview with CNBC’s Fast Money that despite Goldman Sachs’ decision to postpone…
Starbucks, Microsoft Back Bitcoin ETF And Stakes Are Huge
Investors may want to mark their calendars on Sept. 30 and Nov. 5 for potential spike in Bitcoin’s value because wider acceptance of BTC could…
One SEC commissioner is establishing herself as the voice of innovation for the crypto market
In her seven months in office, Securities and Exchange Commissioner Hester Peirce has established herself as the voice of innovation for the cryptocurrency market. In…
Weighing the Bitcoin ETF SEC Approval Debate
The SEC disapproved several bitcoin ETF proposals last Wednesday. Two of them belonged to ProShares and would track bitcoin futures contracts, and five were inverse…
Bitcoin May End the Year “Explosively Higher,” Says Bitcoin Bull Tom Lee
Tom Lee, co-founder of Fundstrat Global Advisors and a well-known bitcoin bull, has recently argued a relatively unknown correlation between bitcoin and emerging markets may…
Newsflash: SEC Slaps Down Two NYSE Bitcoin ETF Proposals
The U.S. Securities and Exchange Commission (SEC) on Wednesday denied two more bitcoin ETF applications, continuing its stance of hostility toward the much-anticipated cryptocurrency investment products. Those…
SEC Faces Thursday Deadline for ProShares Bitcoin ETF Decision
Less than a month after delaying a decision on a bitcoin-based exchange-traded fund (ETF), the U.S. Securities and Exchange Commission (SEC) is poised to approve…