We have special reports on how the crypto lobby is muscling up in D.C., the outlook for decentralized finance (DeFi) and stablecoins, and how non-fungible tokens (NFTs) are likely to interest the SEC next year. We report on the U.S. picture and check in with China and the EU as well. We look at where exchange-traded funds (ETFs) are already allowed and barred. And we hear from policymakers, entrepreneurs, advocates and detractors, academics and acolytes, all in the name of offering a guide for our readers, viewers and listeners. Source
Day: October 18, 2021
New York Attorney General Directs Two Crypto Lending Platforms to Cease Activities
The actions have been taken by the OAG in accordance with New York’s Martin Act, an anti-fraud law that gives the Attorney General authority to investigate any company deemed to be trading securities in the state. For the purposes of the Martin Act, cryptocurrency is classed as a security, and therefore subject to its provisions, according to the statement. Source
Grayscale confirms Bitcoin ETF plans and adds exposure to Zcash, Stellar Lumens and Horizen to its trusts
Institutional asset manager Grayscale has announced it will be converting its GBTC Trust into an exchange-traded fund (ETF) once the United States Securities and Exchange Commission (SEC) has “comfort” with recently-approved Bitcoin futures ETFs. In a Monday Twitter thread, Grayscale communications director Jennifer Rosenthal said the asset manager would proceed with offering an ETF when “the SEC has formally expressed their requisite comfort with the underlying Bitcoin market.” The offering would convert the asset manager’s Grayscale Bitcoin Trust (GBTC), first listed in 2013, into an ETF. “Once there’s official and verifiable…
Maaza Aa Jayega Ye Dekh Ke – World’s Biggest Mining Machines & Various Random Facts – TEF Ep 145
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Download the Coinswitch Kuber app: Do you know which is the largest mining truck in the world? Which is the most profitable superhero series in the world if we talk about the collections? Which is the world’s first selfie (technically) ? Let us explore some random facts in this episode 145 of TEF (Top Enigmatic Facts). Follow FactTechz on: Instagram: Twitter: Facebook: See you in the next enigmatic video full of knowledge. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Local Businesses in New York Urge Governor to Impose Statewide Bitcoin Mining Moratorium – Mining Bitcoin News
The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for the “denial of permits for the Greenidge Generating Station and the Fortistar North Tonawanda Facility.” The letter also calls for the New York government to assess “proof-of-work” (PoW) digital currency mining in the state as the local businesses believe PoW mining “drastically undermines New York’s climate goals.” Local Businesses From New York Urge Governor Kathy Hochul to Impose a Statewide Bitcoin…
Stablecoins Like Tether Could Pose New Risks to Securities Markets, Warns Fitch
“We believe it will not directly affect the CP market due to the government-securities focus of Diem’s declared reserve allocation plan, but alternative allocation strategies remain possible and, depending on its scale, the operator may become an important participant in other short-term markets,” Fitch said. Source
Bitcoin, muestra fuerza, rompiendo la línea bajista con las bolsas hundidas.
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io LINK DE BINANCE : POOL DE CARDANO DEL CANAL : LINK DE ATANI : LINK de SORARE (JUEGO DE FUTBOL CON NFTs): Dan una carta rara gratis al comprar 5 cartas si se abre la cuenta con este link. LINK DE BLOCKFI : Link Kraken: Link de Kucoin: Canal de Instagram: Canal de mercados tradicionales: ACCESO A LA PARTE PÚBLICA DE DISCORD : solicitar amistad en discord al usuario info#7121 y pedirle invitación. ADVERTENCIA: No tengo ningún canal de trading, ni señales.…
Cryptocurrency Exchange Bakkt Falls in First Day of Trading After SPAC Deal
Cryptocurrency exchange Bakkt, which is majority-owned by Intercontinental Exchange (ICE), was trading down more than 4% in its first day of trading after completing a SPAC transaction with VPC Impact Acquisition Holdings. Bakkt, based in Alpharetta, Georgia and founded in 2018, began trading Monday under the ticker symbol “BKKT” on the New York Stock Exchange. VPC Impact Acquisition Holdings is affiliated with Victory Park Capital. VPC impact holders approved the deal with Bakkt last week. “Today, Bakkt’s vision – to connect the digital economy – reaches new heights, and we’re…
Shiba Inu eyes ‘much wow’ 90% breakout as SHIB price paints a textbook bull pattern
The Shiba Inu (SHIB) market is in a very strong bull market in 2021, and one major continuation pattern on its longer timeframe charts highlights the scope for an additional 90% upside move ahead. In detail, SHIB rose over 1,250% year-to-date (YTD) to establish the yearly high at $0.00003528 (data from Binance) on Oct. 8. Later, the cryptocurrency cracked under the profit-taking sentiment, leading to a 41.50% price correction to $0.00002060. But bulls started accumulating SHIB near the said low level. A rebound ensued and the price rallied over 55%…
ProShares Bitcoin ETF to debut on NYSE on Oct. 19
The first Bitcoin (BTC) futures-linked exchange-traded fund (ETF) in the United States, ProShares’ Bitcoin Strategy ETF, will begin trading on the New York Stock Exchange (NYSE) on Oct. 19 under the ticker BITO. ProShares CEO Michael Sapir said the launch marks an important milestone for cryptocurrency ETFs in the United States following several years of effort to list one on an exchange: “BITO will continue the legacy of ETFs that provide investors convenient, liquid access to an asset class. 1993 is remembered for the first equity ETF, 2002 for the…