OCC notice suggests impending launch for spot Bitcoin ETF options trading

Bitcoin products took the largest share of inflows, netting 84% of incoming funds, according to CoinShares’ weekly fund flows report. Crypto investment products have recorded four  weeks of inflows, as the market eagerly awaits the possible approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States.Asset management firm CoinShares’ Oct. 23 fund

Bitcoin’s (BTC) consistent failure to break the $9,400 level over the past three weeks has led to some analysts becoming skeptical about the chance of a positive breakout. Although the $9,000 support has been holding strong for the past 50 days, any slightly negative indicator tends to get more attention from media and pundits. Recently, crypto media…

The SEC’s rejection of VanEck's spot Bitcoin ETF application may have influenced Nov. 12’s drop to $62,000, but most traders view the correction as a buying opportunity. 1020 Total views 5 Total shares Bears swooped in to seize the upper hand on Nov. 12 after news that the United States Securities and Exchange Commission (SEC)…

Coinbase is expanding its European foothold with an e-money license from the Central Bank of Ireland.“One of just a few companies”On Oct. 11, Zeeshan Feroz, the CEO of the United Kingdom arm of San Francisco-based cryptocurrency exchange Coinbase, announced that the exchange had become “one of just a few companies,” to have received an e-money…

Today Bitcoin (BTC) price pushed through the resistance at $9,400-$9,500, opening the gate for bulls to stampede to a new 2020 high at $9,745. Bitcoin daily price chart. Source: Coin360On Feb. 4, BTC price traded slightly below $9,200 as bulls fought to keep the asset from falling below the key support. Today, alongside increasing purchasing volume,…

The Filipino securities regulator is moving to enact tighter rules on crypto, crypto companies and other financial products using blockchain technology. 264 Total views 7 Total shares Own this piece of history Collect this article as an NFTThe Philippines Securities and Exchange Commission (SEC) is seeking to bring cryptocurrencies under its scope and beef up…

The Ethereum blockchain is on the verge of one of the most crucial technical updates since its inception, moving from proof-of-work (PoW) to proof-of-stake (PoS), also called Ethereum 2.0, or Eth2. Ethereum devs gave Sept. 19 as the perpetual date for the merger of the current PoW chain to the PoS chain. The Merge is expected…

The company said it planned to use the funds for expanding its existing product and service line in addition to exploring strategic acquisitions. 203 Total views 3 Total shares Cryptocurrency individual retirement account and 401(k) provider iTrustCapital said it had raised $125 million in a growth equity investment, making its valuation reach $1.3 billion.In a…