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.
Bakkt platform was finally launched in September 2019 only to be greeted by a very lukewarm response from investors but analysts from Oppenheimer & Co think that it is too early to write it off.
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 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.
The VanEck Solid Bitcoin Trust decided to withdraw its Bitcoin ETF proposal filed earlier this year on January 30, 2019. The withdrawal comes just a month before SEC’s final deadline of the verdict.
Citing massive open positions and interest for its Bitcoin futures contracts, CME Group requested CFTC to double the limit of monthly contracts traded.
The Dow Jones Industrial Average fell 800 points on Wednesday. Investors sound their deep concerns about an upcoming recession.
As ICE Futures Exchange opens its Bitcoin Futures interest, CME concurrently soars in what appears to be a four day all-time high in a row.
CBOE, short for Chicago Board Options Exchange, has decided to stop offering Bitcoin futures on its options market. After the announcement, the open interest in CME Bitcoin Futures contract kept hitting record highs.
JPMorgan Chase suggests that there is an increase in institutional interest which caused the Bitcoin futures volume to increase by 118% compared to the volumes recorded in April.