In a recent disclosure, Deribit chief commercial executive Luuk Strijers identifies several market movements behind the decline witnessed on the Chicago Mercantile Exchange (CME) for Bitcoin futures open interest. CME Suffer $1…
Category: SEC
Bitcoin Remains Steady Amid Strong US GDP Reporting
Bitcoin portrayed steady performance on Thursday, January 25, morning, following the revelation of 3.3% gross domestic product growth by the US in the fourth quarter. The fourth quarter growth triumphed over modest…
JPMorgan Reports Bitcoin Downtrend Momentum Subsides as GBTC Profit-taking Concludes
Analysts from American investment bank JPMorgan project the downtrend momentum experienced by Bitcoin to slow as investors conclude the GBTC profit taking. The analysts observed that profit-taking decisions by investors within the…
SEC Approves Listing of Spot Bitcoin ETF on Cboe and Nasdaq
An analyst claims that options are ‘the next rational step’ for Bitcoin exchange-traded fund trading and might start by the end of next month. On January 19, the U.S. Securities and Exchange…
Blockchain Executives Claim that Bitcoin EFTs are ‘Moving Away from Crypto’s Ideals’
A significant amount of dollars has flowed into United States spot Bitcoin exchange-traded funds. However, a few crypto officials say the instruments depart from crypto principles. In the first trading week, billions…
Treasury Officials Urge US Policymakers Action to Avert Repeat Crypto Crisis
The US Treasury official tasked the US lawmakers to expedite crypto regulation to avoid a repeat crisis. Citing past experiences in the financial crisis, the Treasury’s Assistant Secretary for Financial Institutions, Graham…
Gary Gensler Still Cautious on Ethereum, Bets on Possible ETF
In an earlier segment, SEC chair Gary Gensler was also unclear regarding the status of Ethereum as a security after Bitcoin ETF ratifications. In the sudden outcome of the historic sanctioning and…
Morgan Stanley Warns Bitcoin’s Exceptional Growth and CBDCs Threaten US Dollar
Morgan Stanley executive heading digital assets Andrew Peel is warning of a likely paradigm shift in perception. The crypto head at the Manhattan-based investment bank considers that growth in digital assets usage…
CoinShares Leverages Option to Acquire US Bitcoin ETF Issuer Valkyrie
CoinShares have confirmed tapping the opportunity to purchase Valkyrie’s crypto unit to trigger the option earlier secured in November last year. CoinShares confirmed it would exercise the option following the US Securities…
Vanguard Users Threaten Exit Alleging Decision Denying Spot Bitcoin ETFs
Users of the Vanguard platform threaten to shut down accounts following the firm’s decision to block the capability to buy the spot Bitcoin Exchange-traded funds (ETF). Users lamented that the Spot Bitcoin…
Goldman Sachs Predicts Bitcoin ETF Approval to Benefit Institutional Investors
Goldman Sachs has, in its report, forecasted that the approval of spot Bitcoin Exchange-traded funds (ETFs) in the US is set to offer enhanced investor protection, increased liquidity, and reduced tracking errors,…