Tag Archives: SEC

Newsflash: SEC Slaps Down Two NYSE Bitcoin ETF Proposals

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 proposals, filed by NYSE Arca, sought to list bitcoin ETFs from fund providers ProShares and Direxion. These particular ETFs would not have held physical bitcoin but rather would have traded in the bitcoin […]

Thursday, The Deadline For The Next Bitcoin ETF, But Will It Happen?

Thursday, The Deadline For The Next Bitcoin ETF, But Will It Happen?

This Thursday, the 23rd of August 2018 marks the next Bitcoin Exchange Traded Futures (ETF) application decision deadline for the United States Securities and Exchange Commission (SEC). This is one of many applications currently in place with the SEC, leaving many to wonder what will happen on Thursday, come the SEC announcement. Let’s recap on the last […]

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, August 20

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, August 20

In 2018, every consecutive fall of the crypto markets was followed by a very weak recovery. This is in stark contrast to 2017, during which every fall was followed by a ‘V’ shaped recovery. The total market capitalization of all cryptocurrencies is hovering close to the $215 billion mark, after having dipped below $190 billion on August […]

SEC Faces Thursday Deadline for ProShares Bitcoin ETF Decision

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 or disapprove another pair of proposed ETFs. Officials at the U.S. securities regulator are set to make a decision on the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF […]

Everything You Need to Know About Cryptocurrency Regulation (Right Now)

Everything You Need to Know About Cryptocurrency Regulation (Right Now)

The meteoric rise of cryptocurrencies has taken the world by storm. Innovators, investors, users, and governments are scrambling to wrap their heads around cryptocurrencies and the blockchain technology that they rely upon. The emergence of a new market and business model has created great opportunities for participants, but it also carries significant risk. Cryptocurrencies present […]

Bitcoin Falls Below $6,600 As Investors Ponder Significance of SEC’s Postponement of VanEck Bitcoin ETF Decision

Bitcoin Falls Below $6,600 As Investors Ponder Significance of SEC’s Postponement of VanEck Bitcoin ETF Decision

The U.S. SEC’s postponement of its decision on the VanEck-SolidX Bitcoin ETF to 30 September 2018, as covered here yesterday, has left the crypto markets bruised but not battered, with Bitcoin suffering a drop to below $6,600, with almost all other top 50 cryptocurrencies currently in the red. Although the SEC’s decision to take more time by extending the deadline […]

U.S. SEC Postpones Decision Regarding Bitcoin Exchange Traded Fund

U.S. SEC Postpones Decision Regarding Bitcoin Exchange Traded Fund

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the listing and trading of a Bitcoin exchange-traded fund (ETF) until September 30, according to an official document released by the SEC August 7. ETFs are securities that track a basket of assets proportionately represented in the fund’s shares. They are seen by some as a potential step forward for the […]

U.S. SEC: We Will Make a Decision Regarding VanEck-SolidX Bitcoin ETF by 30 September 2018

U.S. SEC: We Will Make a Decision Regarding VanEck-SolidX Bitcoin ETF by 30 September 2018

On Tuesday (7 August 2016), the U.S. Securities and Exchange Commission (SEC) announced that it needed more time to make a decision regarding the VanEck-SolidX Bitcoin ETF, and it set 30 September 2018 as the new deadline. Via a notice published on its website (“Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change to […]

Institutional Investors and Fintech: Will Wall Street Go Head-First Into Crypto?

Institutional Investors and Fintech: Will Wall Street Go Head-First Into Crypto?

Following a breakout year for cryptocurrencies, 2018 has been extremely challenging — to say the least. With Bitcoin and numerous altcoins hitting all time highs in December, a sobering market correction followed and the markets have only started to settle midway through this year. There have been many reasons for the cryptocurrency markets being battered by bearish sentiments across the board. […]