Bitcoin (BTC) rose within a few steps of $63,000 today for the first time since April 18. The recent surge in the price may have been caused after various documents pointed to the eventual approval of a futures-based BTC ETF by the United States Securities and Exchange Commission. According to these documents, the regulator may …
Continue reading “Price analysis 10/15: BTC, ETH, BNB, ADA, XRP, SOL, DOT, DOGE, LUNA, UNI”
The US Securities and Exchange Commission has reportedly greenlit the country’s first Bitcoin futures exchange-traded fund (ETF). ProShares, an ETF provider, filed a post-effective amendment prospectus on Friday that states the company plans to launch the BTC Futures ETF on Monday, a sign that the SEC has approved the product. ADVERTISEMENT The fund doesn’t …
One Bitcoin-native altcoin shot up more than 60% this week as BTC continues its ascent towards $60,000. The altcoin is Stacks (STX), a blockchain protocol that’s bringing smart contract capability to the Bitcoin network. ADVERTISEMENT A recent update from the Stacks newsletter shares that non-fungible tokens (NFTs) built on Bitcoin have been exploding in …
A widely known stock exchange is getting in the Bitcoin (BTC) game after filing for a Bitcoin exchange-traded fund (ETF). NYSE Arca just filed for a physically backed Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC). ADVERTISEMENT Alongside Bitcoin index provider Bitwise, NYSE Arca is pursuing a Bitcoin ETF with direct exposure …
Continue reading “Stock Exchange Files for Bitwise Bitcoin Exchange-Traded Fund”
Video game corporation Valve has informed users no content related to cryptocurrencies or nonfungible tokens will be allowed through its Steam marketplace. As reported by game developer SpacePirate on Oct. 14, Steam has updated its guidelines for what content creators are allowed to publish on the platform. According to Steam, no applications built on blockchain …
Traders and the market are showing extreme optimism on Oct. 15 after rumors and an assortment of documents suggest that the path toward a Bitcoin ETF approval has fewer obstacles lying ahead. Following the positive news, the price of Bitcoin (BTC) rallied to nearly $63,000 for the first time since April and multiple altcoins saw their …
Continue reading “Privacy-focused altcoins soar after Bitcoin’s ETF news sparks a market-wide rally”
The United States Securities and Exchange Commission has accepted the registration request for ProShares’ Bitcoin Strategy ETF, with the shares to be listed on the New York Stock Exchange’s Arca. According to an Oct. 15 notice from the SEC, the agency has accepted the registration of securities from ProShares Trust’s Bitcoin (BTC) exchange-traded fund, which …
Continue reading “BREAKING: ProShares follows Valkyrie in approval for listing Bitcoin Strategy ETF”
As Bitcoin shoots above $60,000, business magnate Mark Cuban says one altcoin stands above the rest in terms of investment potential. In a new interview with CNBC Make It, the billionaire says that Ethereum (ETH) is the best crypto prospect on the market. ADVERTISEMENT “As an investment, I think Ethereum has the most upside.” …
The U.S. Treasury Department is releasing new sanction guidelines for the cryptocurrency industry. The Department’s Office of Foreign Assets Control (OFAC) recently published new instructions for crypto businesses and investors, saying that individual investors should expect to be scrutinized in terms of who they can and can’t deal with, just like traditional financial institutions. ADVERTISEMENT …
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The chief executive of a data analytics company is revealing what he sees driving the current Bitcoin (BTC) price rally. Ki Young Ju, CEO of CryptoQuant, took to Twitter to explain how the largest crypto asset by market cap’s price is being driven upwards by BTC whales rather than short-squeezers. ADVERTISEMENT “This rally has …
A senior Bank of England official says that crypto could potentially be a threat to overall financial stability. In a new speech, deputy governor Jon Cunliffe weighs the pros and cons of crypto technology. He says that while “a prospect of radical improvements in financial services” exists, current crypto applications present financial stability concerns. ADVERTISEMENT …
The United States Securities and Exchange Commission, or SEC, is expected to rule on Oct. 18 whether to approve an application from asset manager ProShare Capital Management for a Bitcoin exchange-traded fund (ETF). As previously reported by Cointelegraph, SEC Chairman Gary Gensler recently suggested that the regulator is more inclined to approve indirect-exposure Bitcoin futures …
Continue reading “Traders celebrate Bitcoin’s impending ETF, but options markets are less certain”
Non-custodial cryptocurrency exchange ShapeShift has burned hundreds of themed collectible “cards” from the blockchain-based mobile game Spells of Genesis. The team said that the remaining cards in its possession will be placed under the control of its new decentralized autonomous organization, or DAO, and unlocked in limited tranches over the coming two years. According to …
Optimism is bordering euphoria in the cryptocurrency market after a trove of documents pointed toward the eventual approval of Valkyrie’s Bitcoin (BTC) exchange-traded fund, or ETF, application by the United States Securities Exchange Commission before the end of the month. Data from Cointelegraph Markets Pro and TradingView shows that price action for BTC spiked in the …
Nonfungible tokens, or NFTs, have been a revolutionary force in the crypto, arts and sports industries, not only because of the financial liberation successful projects offer to creators but also their ability to bring art lovers closer to creators and bring athletes closer to their fans. Prior to 2021 — and a few blockbuster sales …
Continue reading “NFTs allow people to ‘interact with crypto in a hands-on way’ — Shaq”
