The SEC Will Decide on 9 Bitcoin ETFs in the Next 2 Months
The SEC is set to make final decisions on nine proposed bitcoin exchange-traded fund (ETF) in the next two months.
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BitConnect Promoter Wanted Over Another Alleged Crypto Scam
news A promoter of the now-shuttered crypto fraud BitConnect has again been charged over a different claimed cryptocurrency scam. The Times of India reported Monday that police in the city of Ahmedabad, Gujarat, India, had received complaints that the promoter, Divyesh Darji, had been offering investors investment in a token called Regal Coin, claiming a…

Nomura Backs $6M Round for On-Chain Fund Platform Solv Protocol
Singapore-based on-chain fund protocol Solv Protocol has raised $6 million in a new funding round. Investors in the round included Laser Digital, a subsidiary of Japanese banking giant Nomura Securities. The capital will help the startup expand its team and continue working on the technological development of its platform.Other investors in the round included UOB…
Celestia’s TIA Posts Biggest Monthly Gain This Year Even as Impending $1.13B Token Unlock Spurs Hedging
TIA has outperformed the CoinDesk 20 Index this month by a large margin. There has been an increase in TIA hedging demand ahead of a Oct. 31 token unlock, Wintermute said. Bearish short positions, likely representing hedging, have been crowded out, funding rates suggest. TIA, the token of data-availability blockchain network Celestia, posted its best

Bitcoin Market Turns Indecisive After Price Rally Stalls Around $10.6K
markets View Bitcoin created a “spinning-top” candle on Wednesday, pouring cold water over the optimism generated by the triangle breakout witnessed earlier this week. The spinning top has made today’s UTC close pivotal. A close above Wednesday’s high of $10,834 is needed for the continuation of the recent rally. A UTC close below the spinning…

Siam Bank Launches $50M Blockchain Fund
The fund will focus on global early and growth-stage companies that shape the next generation of financial services and digital systems, the venture capital arm of Thailand's oldest bank says.Feb 9, 2021 at 1:53 p.m. UTCSiam Bank Launches $50M Blockchain FundSCB 10X, Siam Commercial Bank’s venture capital arm, said it has launched a new $50…

Bitcoin Prices Topping $31.9K Would Confirm Long-Term Bullish Bias: Fairlead Strategies
Bitcoin (BTC) has rallied by 85% in the first half of 2023, outperforming traditional risk assets by a significant margin. Still, technical analysis research provider Fairlead Strategies remains long-term neutral on the world largest cryptocurrency by market value.Per Fairlead, the long-term outlook will flip bullish once prices cross above "Ichimoku cloud" resistance at $31,900" and…

US Intelligence Chief Raises Concerns With SEC Over China’s Crypto Dominance: Report
Nov 25, 2020 at 1:58 p.m. UTCUS Intelligence Chief Raises Concerns With SEC Over China’s Crypto Dominance: ReportThe U.S. director of National Intelligence has written to the the Securities and Exchange Commission (SEC) over fears that China’s dominance in the area of digital currencies could put the U.S. at a disadvantage.According to the Washington Examiner…

Market Wrap: PayPal Powers Bitcoin Past $12.8K as Ether Dominance Drops
Oct 21, 2020 at 20:29 UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: PayPal Powers Bitcoin Past $12.8K as Ether Dominance DropsBitcoin blows past its previous 2020 high while ether’s crypto market share dips from its 2020 high in September.Bitcoin (BTC) trading around $12,709 as of 20:00 UTC (4 p.m. ET). Gaining 6.4% over the previous 24…