SEC Rejects 9 Bitcoin ETF Proposals

May 28, 2020 at 17:18 UTCGoldman Sachs office, Jersey City, N.J. (Credit: Akshay Sadarangani/Unsplash)What Goldman Gets Wrong About Bitcoin (From Someone Who Used to Work There)Jill Carlson, a CoinDesk columnist, is co-founder of the Open Money Initiative, a non-profit research organization working to guarantee the right to a free and open financial system. She is…

Bitcoin's (BTC) monthly close today may provide a strong directional bias to the leading cryptocurrency. Notably, things may get tougher for BTC if prices fail to defend the 21-month exponential moving average (EMA), currently at $6,108, as the EMA has been acting as a strong support since June. This is evident from the fact that…

Bitcoin's key volatility metrics are hovering at multiyear lows, suggesting the potential for a move higher back toward the mean.Some traders, however, are saying the initial optimism around the set of spot-ETF applications has faded and options look pricier.Shorting volatility through options is a risky strategy and requires active management of the position.There is a…

ACT, a memecoin based on a Discord server featuring AI chat bots, has risen by 1,720% after being listed on Binance. Trading volume has topped $350 million on Binance and Raydium, its market cap has increased from $20 million to $422 million. Market depth remains low on all exchanges with further volatility expected. 02:38 'High

Shiba inu (SHIB), the popular meme token powered by a strong internet community, remained in deep red after its biggest daily sell-off since September.On the daily chart, SHIB’s price has fallen by more than 15% on Thursday, according to data from Coinbase and TradingView. The token ended Wednesday down 22% – the biggest single-day drop…

markets Bitcoin (BTC) is consolidating below $3,500 for the third day straight. The challenge now is to gauge whether the bulls or the bears will win out in the coming days. As discussed yesterday, the leading cryptocurrency could soon see a corrective rally if prices manage to clear the crucial resistance at $3,633 (the high…

news You’re not sure where it will end up exactly or who will actually read it. But you type up a message, pay a couple of cents in bitcoin and click the “send” button. Your message zips through space – yes, space – then is broadcast out of a satellite, blanketing the world. The result?…

French President Emmanuel Macron dissolved parliament on Sunday, calling a snap election.Macron called the election after his rival Rassemblement National party secured a victory in the European Parliament election.French President Emmanuel Macron dissolved parliament and called a snap election after his ruling Renaissance party secured only about half the seats of Marine Le Pen's National

This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest Prices(CoinDesk)Top StoriesBitcoin fell below $62,000 during the European morning, having treaded water around $63,000 throughout most of the Asian session. BTC was changing hands at about $61,670