SEC Faces Thursday Deadline for ProShares Bitcoin ETF Decision

Digital asset investment manager Grayscale’s CEO Michael Sonneshein said that fees of its bitcoin (BTC) exchange-traded fund (GBTC) will decrease over time, CNBC reported on Tuesday.Since January, GBTC has seen $12 billion in outflows due partly to its high fees compared to its competitors. The fund earlier had the largest volume of assets among the

Jul 14, 2020 at 10:00 UTCJustin Trudeau (Art Babych/Shutterstock)Canadian politicians are seeking answers after the half-brother of Prime Minister Justin Trudeau was paid by the federal government to speak at a blockchain conference last year. According to a Monday report by The Globe and Mail, Kyle Kemper was paid C$12,430 (US$9,127) for speaking about blockchain…

May 26, 2020 at 14:32 UTCRBI entrance in New Delhi, India (Credit: PhotographerIncognito / Shutterstock.com)India’s Central Bank Removes Lingering Confusion Over Banking for Crypto FirmsIndia’s commercial banks can indeed provide banking services to traders and firms dealing in cryptocurrencies, the nation’s central bank clarified last week.  “As on date, no such prohibition exists,” the Reserve…

Jerome Powell is seen prepping markets for a 25 basis point rate cut at the Fed's September meeting The Fed chair is also anticipated to signal a cautious approach to cutting rates further Traditional markets have been in rally mode, but bitcoin continues to struggle More than two and one-half years after starting what became

There are rumors circulating that Ripple Labs Inc., the U.S.-based technology company that builds XRP infrastructure, may soon settle with the U.S. Securities and Exchange Commission (SEC). There is hardly an example of how many unsettled legal questions surround crypto as this case, currently in the dockets of the Court of Southern District of New…

Circle’s co-founder and CEO, Jeremy Allaire, expects the new wave of Bitcoin exchange-traded funds (ETFs) to be approved as “past concerns” of regulators are being addressed.“I believe progress is being made with more mature market structures that would support something like that. You have mature spot markets, well-regulated custody infrastructure, and good market surveillance,” he…

The new integration means web users can directly access decentralized websites form any browser.(Oleksiy Mark/Shutterstock)Feb 16, 2021 at 3:00 p.m. UTCCloudflare Teams With Unstoppable Domains to Bring .Crypto Addresses to Web BrowsersBlockchain startup Unstoppable Domains has integrated with web infrastructure firm Cloudflare to enable direct access .crypto domains within any web browser. Announced Tuesday, the…

May 15, 2020 at 17:48 UTCUpdated May 15, 2020 at 18:33 UTCHeadshot courtesy of Sunny Aggarwal37 Questions for Cosmos’ Sunny AggarwalCoinDesk sent out a survey meant to gauge the innermost feelings and thoughts of crypto's leading figures. Loosely based on the “Proust Questionnaire” popular during the fin de siecle, we’re hoping honest answers will reveal insights…

markets View Bitcoin’s price volatility, as represented by the daily trading range, jumped to a 17-month high on Wednesday. The cryptocurrency has dropped from $13,880 to $11,200 in the last 15 hours and could slide further to $10,000, according to the bearish setup on the hourly chart. A possible falling channel breakout on the hourly…