VanEck submits Onchain Economy ETF application to the SEC

Former U.S. President Bill Clinton said that the “permutations and possibilities of blockchain technology are staggeringly great,” at Ripple’s annual Swell conference in San Francisco on October 1.Following a keynote address at the event, Clinton spoke with Gene Sperling, who was his economic advisor from 1996-2001, where they covered a range of topics from foreign…

South Korea examines ways to expand its tax base, with proposals to strengthen the government’s ability to seize tax evaders’ crypto assets directly from their personal wallets. 498 Total views 4 Total shares South Korean legislators propose to revise tax codes so that tax authorities would be able to confiscate tax evaders’ crypto assets directly…

Strong inflows into the ProShares Bitcoin Strategy exchange-traded fund (ETF) (BITO) in the past two weeks pushed its Bitcoin (BTC) exposure to a new record high.No Bitcoin outflows despite 'rollover' risksThe fund, which uses futures contracts to gain exposure to Bitcoin's price movements, had a record 28,450 BTC under its management — worth about $1.27 billion…

The Invesco Bitcoin Strategy ETF may “at times” invest in Bitcoin ETFs listed outside of the United States. 318 Total views 126 Total shares Atlanta-based investment company Invesco is planning to launch a new Bitcoin (BTC) exchange-traded fund, or ETF, that will not invest in BTC directly.On Wednesday, Invesco filed an application with the United…

On Sept. 20, the United States Securities and Exchange Commission (SEC) requested more comments on its decision on the listing and trading of a Bitcoin (BTC) exchange-traded fund (ETF) created by New York-based firms VanEck and SolidX. Consequently, the regulator’s decision was postponed yet again.Here’s why the VanEck/SolidX ETF has a greater chance than the…

Blockchain interoperability protocol Polkadot has distributed 500,000 DOT tokens at a price that is unknown, but purportedly in keeping with the firm’s $1.2 billion valuation, technology-focused news outlet The Block reported on June 27.Polkadot’s managing partner Web3 Foundation (W3F) reportedly told The Block that the protocol distributed 500,000 of its tokens, although the company did…

Wednesday’s crypto market correction put a heavy burden on the FEI project, the latest attempt at creating an algorithmic stablecoin that would remain stable in the face of market turbulence. Due to the particular mechanics of the protocol, the FEI token became impossible to sell as its main liquidity pool quotes a negative price for…

Amid increasing distrust of custodial solutions and recent upgrades to Bitcoin Core, more Bitcoiners are starting to run their own nodes. 446 Total views 5 Total shares The number of Bitcoin nodes is at an all-time high, with 11,558 reachable nodes currently active, according to Bitnodes.io. Another Bitcoin network statistics tracker, coin.dance, calculates the total…