Citigroup Planning Crypto Trading by Issuing Receipts
Citigroup Inc. is developing a new mechanism for trading cryptocurrencies such as Bitcoin that would put it at the forefront of Wall Street’s efforts to let…
Tag: SEC
Hodler’s Digest, September 2-9: Goldman Sachs Says ‘No Thanks’ to Crypto Trading Desk, While India Sends Officials to ‘Crypto College’
Top Stories This Week Business Insider: Goldman Sachs Scraps Crypto Trading Desk Plans Goldman Sachs Group Inc. is halting its plans to open a cryptocurrency trading desk,…
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…
Bitcoin ETF Will Likely Be Approved Next Year: Asset Manager
The focus on a Bitcoin ETF has shifted from its possibility thereof to the timing of an imminent approval. With several predictions from different quarters…
Does Bank of America’s Crypto Custody Show Irrelevance of Bitcoin ETFs?
This week, $312 billion Bank of America (BoA) filed a patent to offer crypto custody, targeting large-scale institutional investors and retail traders. Some experts have said that…
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…
Investment Firm Morgan Creek Launches Digital Asset Index Fund Excluding Pre-Mined Cryptos
Morgan Creek Digital, backed by the institutional investment house Morgan Creek Capital with $1.5 billion in assets under management , has launched a new Digital…
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 Price Watch: Currency Shows Signs of Maturing, Hits $6,700
At press time, the father of cryptocurrency has jumped to $6,700 – the highest it’s been in a while. This is about $200 “taller” than…
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…