Stop Moving the Goal Posts

Earlier this month, representatives from options exchange CBOE, fund provider VanEck, and blockchain startup SolidX met with top Securities and Exchange Commission (SEC) brass, and — unsurprisingly — the group’s pending bitcoin ETF application was at the top of the agenda. Bitcoin Market Reaching Maturity In the meeting, which was held on Oct. 9, VanEck …

CBOE President Cautiously Hopeful on Bitcoin ETF Prospects Despite SEC Action

CBOE Global Markets Inc. could well become the first company to win approval for a bitcoin ETF, but whether that coveted accomplishment materializes remains to be seen. For his part, Chris Concannon, CBOE’s president and CEO, said that he is optimistic that the Securities and Exchange Commission will grant his wish, but he recognizes that …

Despite Previous Signals, Bitcoin Remains Key to Circle’s Strategy

After spending a couple of years signaling an impending shift in focus away from Bitcoin and cryptocurrencies, Circle Financial seems to be executing a 180-degree shift in strategy, boosting its crypto-related offerings in a series of moves that some say are positioning it as a competitor to Coinbase. Circle Distanced Itself from Bitcoin in 2016 …

Bullish ETF Provider Liquidates Bitcoin Holdings, Citing Regulatory And Tax Issues

Join our community of 10 000 traders on Hacked.com for just $39 per month. The ARK Innovation ETF (ARKK), one of the first exchange-traded funds to invest in bitcoin, has divested much of its bitcoin holdings, citing regulatory and tax concerns, according to CNBC. Last year, ARKK won ETF.com’s “ETF Of The Year” award for …

Bitcoin at $9,900, What’s Next For Bitcoin Price After $10,000?

Join our community of 10 000 traders on Hacked.com for just $39 per month. The bitcoin price is less than $100 away from surpassing $10,000 after demonstrating a strong week of momentum and volume. In Hong Kong and South Korea, the bitcoin price has already reached $10,000. What’s Next After $10,000? For many months prior …

Goldman Sachs Will Launch a Bitcoin Trading Desk

Join our community of 10 000 traders on Hacked.com for just $39 per month. Goldman Sachs will launch a bitcoin trading desk, the investment banking giant confirmed on Wednesday. The New York Times reports that the firm, one of the largest financial institutions in the United States, is preparing to begin using its own funds …

Bitcoin Price Moves Towards $9,000 With Strong Momentum, Bull Market

Join our community of 10 000 traders on Hacked.com for just $39 per month. The bitcoin price has surpassed $8,800 after rising more than 6 percent over the past 24 hours. Volumes across major cryptocurrency exchanges remain strong and the daily trading volume of the market has increased past $26 billion for the first time …

Retailer Adoption of Bitcoin is Growing in the US and Canada

Join our community of 10 000 traders on Hacked.com for just $39 per month. Earlier this week, leading US electronics retailer Newegg expanded its bitcoin integration to its platform in Canada, allowing millions of customers based in Canada to pay for products with bitcoin. Increasing Retailer Adoption Newegg CEO Danny Lee emphasized that the value …

Bitcoin Price Falls Below $6,800 in Struggle to Sustain Short-Term Momentum

Join our community of 10 000 traders on Hacked.com for just $39 per month. Yesterday, on April 4, CCN reported that for the bitcoin price to uphold its corrective rally from the $6,000 region to $7,500, and to eye a move potentially to the $8,000 region, it would need to close the market at above …

Bitcoin Price Retreats $400 Cryptocurrency Market Slips Amid Recovery

Join our community of 10 000 traders on Hacked.com for just $39 per month. For five days straight, bitcoin, Ethereum, and other major cryptocurrencies in the global market have not recorded losses, maintaining momentum. The cryptocurrency market is continuing its move towards the $300 billion region, after dipping below $243 billion last week. Bitcoin’s Slight …