SEC Delays VanEck-SolidX Bitcoin ETF Decision to September

Bitcoin (BTC) is down almost 7% in the last week, as the market impact of the recently approved BTC ETF works its way through the system. While many contrarian bets about the price of bitcoin after the ETF approval have been proven right, Fidelity's Jurrien Timmer doesn't expect the sell-off to continue much longer.In a

The lack of a two-way token bridge, a clunky decentralized exchange (DEX) experience, and a network being closed to the public have not deterred crypto traders from finding their way to Coinbase’s layer 2 blockchain in the hopes of unearthing a fortune.Base, built by crypto exchange Coinbase on OP Stack, launched its testnet in January…

news The veteran bitcoin startup Bitrefill, which offers cryptocurrency gift cards for mainstream brands and lightning-enabled payment services, plans to expand to new jurisdictions thanks to venture backing. As revealed exclusively to CoinDesk, Bitrefill just closed a $2 million seed round led by Coin Ninja, with participation from litecoin creator Charlie Lee, Fulgur Ventures and…

The fund noted that it would not expose more than 15% of its $2.25 billion in assets to bitcoin. Feb 6, 2021 at 2:51 p.m. UTCBill Miller-Run $2.25B Fund May Buy GBTC to Gain Bitcoin Exposure of Up to 15%Miller Value Funds–run by veteran hedge fund manager and bitcoin bull Bill Miller–may invest in the…

Dec 4, 2020 at 10:37 a.m. UTCOMG Rallies as Genesis Block Ventures Acquires OMG NetworkGenesis Block Ventures (GBV) announced the acquisition of OMG Network, which helps speed transactions and lower fees on the Ethereum blockchain by handling transactions off-chain, triggering a double-digit rally in the network’s OMG token.“Through this acquisition, GBV is dedicated to leverage…

Things appear to be moving ahead of the U.S. Securities and Exchange Commission’s (SEC) decision to potentially approve an important filing related to the launch of a spot ether (ETH) exchange-traded fund (ETF).Cboe, an exchange associated with five of the issuers of a potential spot ether exchange-traded fund (ETF), published its amended 19b-4 filings in

Yat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs.Yat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs.Jamie Crawley is a CoinDesk news reporter based in…

U.S. banking behemoth JPMorgan (JPM) now handles $1 billion worth of transactions in its digital token JPM Coin per day, Bloomberg reported on Thursday.The wall street bank has plans to widen the coin's usage, according to the report, citing an interview with the bank’s head of payments Takis Georgakopoulos.JPM Coin is a settlement token that

Nov 20, 2020 at 12:01 p.m. UTCUS Firm Launches Company-Sponsored Bitcoin Retirement PlansAfter running a year-long test, Digital Asset Investment Management (DAiM), a U.S.-based crypto investment advisor, has launched what it says are the first company-sponsored retirement plans supporting bitcoin. DAiM will serve as an advisor and fiduciary while helping companies create a 401(k) plan…