Ethereum price falls 12% in 2 days — Are investors running out of reasons to hold ETH?
Selling from ETH ICO participants and a lack of demand for the spot Ether ETF could be contributing to Ethereum’s price downside.
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UK Treasury wants to remove blockchain reference from crypto definition
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SEC drops investigation of Bitcoin Stacks developer Hiro — filing
This is the second crypto investigation the U.S. securities regulator dropped this week.
BNY Mellon to provide ETF services for Grayscale’s Bitcoin Trust
The new agreement further reinforces Grayscale’s commitment to converting Grayscale Bitcoin Trust into an ETF as its strategic goal. 238 Total views 3 Total shares The bank of New York Mellon, America’s oldest bank, has signed an agreement with cryptocurrency asset manager Grayscale Investments to provide a set of services to its flagship Bitcoin (BTC)…
US lawmakers introduce bipartisan bill proposing ban on members investing in ‘financial instruments’
Representatives Alexandria Ocasio-Cortez and Matt Gaetz — lawmakers diametrically opposed on a variety of issues — joined forces to stop congressional members from trading stocks. 205 Total views 2 Total shares Own this piece of history Collect this article as an NFTLawmakers from both sides of the aisle in the United States House of Representatives…
Helium (HNT), Avalanche (AVAX) and Pickle rally on partnership announcements
Bitcoin (BTC) price continues to defy gravity and its strong bullish breakouts frequently result in short sellers needing to cover their positions in a hurry. A repeat of this happened on Feb. 9 when Bitcoin soared on the news of Tesla’s $1.5 billion Bitcoin purchase. Bybt data shows that about $1.34 billion worth of Bitcoin…
Gensler hints Grayscale ruling forced SEC to take ‘new look’ at Bitcoin ETFs
The SEC chair could be softening his stance on Bitcoin ETFs following the Grayscale court victory, but if so, he hasn’t admitted it outright. U.S. Securities and Exchange Commission chair Gary Gensler has hinted that the regulator has been rethinking its approach to spot Bitcoin exchange-traded products following a recent Grayscale court decision.Speaking to CNBC
Exchange-traded products abound, but crypto is still waiting for an ETF
Swiss SIX Exchange has listed BTCetc Bitcoin ETP, a new crypto ETP product backed by London investment firm ETC Group. 4495 Total views 13 Total shares Swiss SIX Exchange, Switzerland’s principal stock exchange, continues to expand its crypto products with a new Bitcoin (BTC) exchange-traded product, or ETP.On Jan. 13, SIX launched trading of the…
Phoenix Global token soars by 5,600% in just four minutes — But there’s a catch
Phoenix Global quickly became the 52nd largest cryptocurrency by market cap. 3100 Total views 27 Total shares It took just four minutes for a relatively unknown cryptocurrency to rise by over 5,600% as of Nov. 5, according to data from CoinMarketCap.Dubbed Phoenix Global (PHB), the token soared from $0.02057 to as high as $1.1413 on…