Crypto Fund Manager Bitwise Launches Web3-focused ETF amid Market Downturn
The ongoing market downturn has no hold on crypto-based ETFs and Bitwise is looking to capitalize with its new ETF launch.
Bitstamp Suspends XRP Trading and Deposits for US Customers, XRP Price Tanks
XRP price has crashed another 16% after the Bitstamp announcement as it slips below $0.30 today. While some of the Ripple partners have started distancing themselves from the company, a few XRP fans continue to offer strong support.
Bitwise Expresses Commitment to Bitcoin ETF in a New Letter to the SEC
By
Tolu Ajiboye
Bitwise has sent a new letter to the United States Securities and Exchange Commission expressing its Bitcoin ETF commitment and addressing market manipulation concerns from the SEC.
Bitwise Set to File Another Application for Bitcoin ETF Following SEC Rejection
By
Tolu Ajiboye
The United States Securities and Exchange Commission (SEC), has published an official document describing its ruling on the application for a Bitcoin exchange-traded fund (ETF), filed by Bitwise Asset Management and NYSE Arca.
We’re Close to Bitcoin ETF Approval, Says Optimistic Bitwise Executive
By
Tolu Ajiboye
Ahead of the SEC’s Bitcoin ETF deadline, Bitwise’s director is optimistic for a positive ruling. According to him, the market has grown significantly, making it stable enough to allay the SEC’s fears.
SEC Delays Decision on Wilshire Phoenix Bitcoin ETF
The US Securities and Exchange Commission (SEC) has delayed its final verdict on the Bitcoin exchange-traded fund (ETF) that is backed by investment firm Wilshire Phoenix. The rule change proposal is currently being evaluated.
Bitcoin Will Not Be Listed On Major Exchanges Without Better Regulation, Says SEC Chairman
By
Tolu Ajiboye
SEC Chairman Jay Clayton said that it will take a while before there is proper regulation for Bitcoin and other cryptocurrencies, and that has to happen before major exchanges can begin to list them.
Bitcoin (BTC) Hash Rate Exceeded 102 Quintillion Ahead of Bakkt Launch on Monday
Bitcoin hash rate has set a new record. It has exceeded 102 quintillion for the first time in history which has become a new milestone for the entire industry.
SEC Chairman: Progress is Being Made on Bitcoin ETF But There’s Work Left to Be Done
While SEC’s Clayton acknowledged that Bitcoin businesses are coming closer to satisfying his concerns, he stated that there is “work left to be done” on Bitcoin ETF.
There is Only a 7% Chance that Bitcoin Price Will Hit $20,000 in 2019
By
Tolu Ajiboye
An analyst has shown data that seems to belittle all forecasts that currently see Bitcoin hitting $20k in 2019. According to the data, there is a 93% chance that Bitcoin will stay below its all-time high.
SEC Postponing Decisions on Three Bitcoin ETF Rule Change Proposals Again
The SEC has delayed its decision for listing VanEck to Oct. 18, while Bitwise’s listing on NYSE Arca will be delayed to Oct. 13. The decision on Wilshire Phoenix’s United States Bitcoin and Treasury Investment Trust has been postponed until Sept. 29.
Crypto Exchange FTX Starts ‘Shitcoin Futures Index’ for Traders to Short Alts
FTX, a crypto derivatives platform, has started to offer a very interesting new product recently. The company has created a speculative index fund called SHIT-PERP: Shitcoin Index Perpetual Futures.
bitFlyer Launches New ‘Easy to Use’ Bitcoin Trading Platform for its European Community
By
Tolu Ajiboye
The European division of crypto exchange, bitFlyer, has announced the launch of its bitFlyer Buy/Sell. The new platform offers a much simpler way for the European community to trade Bitcoin.
Majority of US Investors are Waiting for Crypto ETFs, Bitwise’s Latest Survey Reveals
While crypto industry has dreamed of a Bitcoin ETF since at least 2013, and crypto companies were pushing it hard to get an approval, the SEC hasn’t given green light to any yet. What Bitwise explained is that the SEC are not against crypro ETFs at all.