Here’s the Bitcoin ETF Presentation Given to the SEC Last Week

Apr 28, 2020 at 20:49 UTCUpdated Apr 28, 2020 at 21:03 UTCA U.S. judge is allowing the Blockchain Association to file a friend-of-the-court brief in the SEC's case against Kik, though the regulator filed an objection the day prior. (Credit: Mark Van Scyoc / Shutterstock)A U.S. District Judge allowed the Blockchain Association to file a…

Apr 25, 2020 at 18:51 UTCUpdated Apr 25, 2020 at 19:22 UTCRISK FACTOR: “The significant drop in the Bitcoin price is expected to have a negative effect on the value of our bitcoin mining machine inventory and incentivize us to increase credit sales,” Ebang’s filing warns. (Credit: Shutterstock) Bitcoin Miner Maker Ebang Files for a…

Ethereum scaling platform Polygon Labs has started a grant program to entice developers to build applications in its ecosystem.Polygon Labs is offering a total of 110 million of its native token, MATIC, worth around $85 million at the time of writing, to projects in decentralized finance (DeFi), gaming, social media and more.Direct grants of up

Federal Reserve chair Jerome Powell tempered expectations of an imminent interest rate cut in March during Wednesday's FOMC press conference.Bitcoin dipped to $42,300, while crypto majors ETH, ADA, DOT fell 3%-4% with Solana's SOL tumbling over 6%.Bitcoin remains in a channel consolidating without clear direction between $42,000 and $44,000, Swissblock said.Cryptocurrencies tumbled lower Wednesday with

Nov 5, 2020 at 15:53 UTCUpdated Nov 5, 2020 at 16:01 UTCOne-year chart of bitcoin prices, Nov. 5, 2019 to Nov. 5, 2020.Bitcoin’s rally is still going as investors continue to accumulate the cryptocurrency, ignoring overbought signals on technical indicators.Bitcoin rose to $15,017.05 at 10:50 a.m. ET (15:50 UTC) on Thursday, its highest level since…

news Telecommunications giant Huawei’s chief executive has said that the time is ripe for China’s government to preempt Facebook’s Libra. Speaking in an interview with Italian media outlet L’economia, CEO Ren Zhengfei remarked that China has the capability to pursue such an undertaking. He was asked a question about U.S. global hegemony and Facebook’s issuance…

Bitcoin (BTC) prices surged some 7% on Tuesday after weeks of slumber as traders reacted to hopes of the long-contended Grayscale Bitcoin spot ETF getting approved in the U.S. following a court decision.A federal appeals court ordered the U.S. Securities and Exchange Commission (SEC) to "vacate" its rejection of the trust issuer's bid to convert

Centralized business structures are continuing their creep into decentralized finance (DeFi), with the builders of tokens Magic Internet Money (MIM) and SPELL on Wednesday pitching a traditional legal structure to supplant the DAO overseeing the stablecoin with a nearly $700 million market cap.In a forum post, a project leader called on Abracadabra DAO to support…

The U.S. Securities and Exchange Commission (SEC) widened its definition of a dealer today to pull many more financial operations into its jurisdiction – including, as it warned in a footnote of its original proposal – those dealing in crypto securities."The commission is not excluding any particular type of securities, including crypto asset securities, from