The proposal was filed with the Texas Secretary of State, which sought to address and clarify the reporting requirements of political contributions made with cryptocurrencies.Read more
Bitcoin is a way off from its $67,000 all-time high, but analysts say historical data and fractals point toward “another leg” up.Read more
The long-awaited day finally came on Oct. 19 as the first Bitcoin (BTC) exchange-traded fund (ETF) went live on the New York Stock Exchange, thrusting the crypto asset into the limelight across mainstream news outlets and alternative media alike.Read more
SEC Chair Gary Gensler and Proshares CEO Simeon Hyman discussed the launch of the first Bitcoin-linked ETF in a CNBC breaking news segment on Tuesday.
Proshares Bitcoin Strategy ETF, also known as BITO, is based on CME Bitcoin futures contracts.
Optimism is bordering euphoria in the cryptocurrency market after a trove of documents pointed toward the eventual approval of Valkyrie’s Bitcoin (BTC) exchange-traded fund, or ETF, application by the United States Securities Exchange Commission before the end of the month.Read more
On Oct.Read more
On Oct. 15, the Commodity Futures Trading Commission, or CFTC, handed sister crypto companies Tether and Bitfinex fines totaling $41 million and $1.5 million, respectively, citing violations of the Commodity Exchange Act, or CEA, and of a prior CFTC order.Read more
On Oct. 14, cryptocurrency exchange platform Coinbase published its Digital Asset Policy Proposal, a document offering both a justification and conceptual framework for comprehensive regulation of digital assets in the United States.Read more
Jon Cunliffe, deputy governor for financial stability at the Bank of England, said the risks of a growing crypto market on the financial system are “relatively limited” at the moment but have the potential to grow very rapidly if regulators do not keep pace.Read more
Cryptocurrency lending platform Celsius Network has raised $400 million in a new equity funding round amid United States regulators increasingly cracking down on crypto lending.
Announcing the news on Oct.