Dennis M. Kelleher, Co-Founder and CEO of Better Markets, a non-profit organization dedicated to promoting public financial interest, has issued a strong warning to the US Securities and Exchange Commission (SEC) against the approval of Bitcoin spot ETFs. This comes at a time when market analysts are hopeful that the SEC will approve several applications […]
The U.S. Securities and Exchange Commission (SEC) is on the brink of a decision regarding spot Bitcoin exchange-traded funds (ETFs). As the deadline approaches, 11 applicants have been actively submitting 19b-4 amendment forms. These forms are a crucial part of the SEC approval process, and their submission indicates that the final wording changes for the […]
John Bollinger, the legendary Bitcoin (BTC) trader and creator of the Bollinger Bands strategy, has expressed an optimistic view on Bitcoin’s future. In a recent post, Bollinger suggested that Bitcoin’s price is likely to “break higher” from its current levels. This prediction is based on his analysis using the Bollinger Bands chart, a technical analysis […]
Dennis M. Kelleher, CEO of the nonprofit organization Better Markets, has expressed strong opposition to the approval of a spot Bitcoin exchange-traded fund (ETF) by the United States Securities and Exchange Commission (SEC). Kelleher argues that such an approval would contradict the principles of the regulatory body and expose investors to significant risks.In a letter […]
Bitcoin’s price has regained previously lost territory, sparking renewed hope among investors. This comes in the wake of reports suggesting that the US Securities and Exchange Commission (SEC) would reject the long-awaited Bitcoin spot exchange-traded funds (ETFs). However, the approval of these index funds is not expected to occur immediately, but sources indicate that the […]
The US Securities and Exchange Commission (SEC) has lodged a motion against Binance, the world’s largest crypto exchange, in the US District Court for the District of Columbia. The motion draws parallels between its actions against Binance, Binance US, and its former CEO and founder, Changpeng Zhao, and the Terraform Labs case, where co-founder Do […]
The US Securities and Exchange Commission (SEC) has lodged a motion against Binance, the world’s largest crypto exchange, in the US District Court for the District of Columbia. The motion draws parallels between its actions against Binance, Binance US, and its former CEO and founder, Changpeng Zhao, and the Terraform Labs case, where co-founder Do […]
A recent survey conducted by Bitwise, a crypto asset manager, and VettaFi, a data and analytics platform, has revealed that most financial advisors are not hopeful about the US federal regulators approving the much-awaited spot Bitcoin (BTC) exchange-traded fund (ETF).The U.S. Securities and Exchange Commission (SEC) is set to make a decision on January 10th […]
Bitcoin ETF applicant VanEck has committed to donate 5% of its fund’s profits to Bitcoin Core developers, if approved by the U.S. Securities and Exchange Commission (SEC). This pledge could provide significant financial support for these developers, who often lack funding for their work.VanEck, a prominent ETF and mutual fund manager since 1955 with $76.4 […]
The U.S. Securities and Exchange Commission (SEC) has reportedly instructed several ETF participants to submit updated filings. This information was revealed by Bloomberg on January 5, citing four sources. The SEC has asked exchanges and issuers to submit the final versions of their 19b-4 filings as early as Friday.Two of Bloomberg’s sources also mentioned that […]
