Wealth Manager Canaccord: Bitcoin ETF Approval More Likely in 2019

Mar 12, 2020 at 04:00 UTCSEC (Image via Mark Van Scyoc / Shutterstock)A federal court has ordered ICOBox to pay a $16 million penalty to the Securities and Exchange Commission's (SEC) for violating U.S. securities law.On March 5, Judge Dale S. Fischer of the District Court for the Central District of California granted the SEC's…

I think it’s safe to assume people want certainty. Companies want to know they'll be able to tap banking services. For that to happen, banks need to be comfortable serving crypto companies. And for that to happen, they probably need to know what factors led to Signature becoming a failed bank – was it, as…

Jul 14, 2020 at 16:00 UTCBitcoin News Roundup for July 14, 2020With Tax Day fast approaching, CoinDesk’s Markets Daily covers all things IRS and crypto taxes on today’s show! For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. This episode is sponsored…

opinion Jeff Dorman, partner at crypto asset management firm Arca Funds, spent 18 years on Wall Street and in fintech before turning his focus to developing crypto asset strategies and products.  This article originally appeared in ‘Institutional Crypto,’ a weekly CoinDesk newsletter focused on the nexus of Wall Street and crypto assets. The opinions expressed…

Trading with Tether’s USDT stablecoin has fallen to multi-year lows, making the token’s rise to near all-time highs in market capitalization “questionable,” crypto market research firm Kaiko said in a Monday report.As stablecoins’ primary use is for trading, USDT’s recent increased supply to $83 billion while the token’s use falls, “seems inordinate,” according to Kaiko.Dollar-pegged…

Crypto mining company Argo Blockchain (LSE: ARB) said mining revenue rose 32% in October from the month before to £7.24 million ($9.75 million).The company mined 167 bitcoin or bitcoin equivalent, according to an announcement Monday, up from 165 in September. The new coins bring the company’s total production for the year to 1,646 and take…

Blankfein misrepresented bitcoin's traceability and falsely claimed users are blind to their counter-parties. (YouTube)Jan 26, 2021 at 8:21 p.m. UTCUpdated Jan 26, 2021 at 8:29 p.m. UTCEx-Goldman CEO Blankfein Says Governments Would Likely Try to Shut Down Bitcoin If It Becomes Too SuccessfulFormer Goldman Sachs CEO Lloyd Blankfein pooh-poohed bitcoin’s “store of value” and “medium…

news The National Basketball Association (NBA) and Dapper Labs are teaming up to announce the launch of a digital platform for blockchain-based collectables, NBA Top Shot. According to the companies, fans of the game can buy, sell, and trade digitally collectable in-season moves like “Kevin Durant’s 3-point shot or Joel Emiid’s dunk.” Digital collectables can…

Cryptocurrency derivatives exchange BIT on Thursday launched options tied to payments-focused cryptocurrency XRP.The new product will allow users to trade XRP options without having to hold the cryptocurrency, the exchange said in a press release, adding that profits and losses will be settled in the U.S. dollar. Institutional liquidity provider OrBit Markets is tasked with…