VanEck Unfazed by Shutdown’s Impact on Bitcoin ETF Application

By CCN.com: Investment manager VanEck remains confident about its bitcoin ETF application, despite the US government shutdown. Why? Because the firm believes it has laid a robust foundation for the VanEck/SolidX Bitcoin ETF to eventually win SEC approval. “I have done everything I can to build the right market structure for Bitcoin and digital assets,” VanEck’s director The post VanEck Unfazed by Shutdown’s Impact on Bitcoin ETF Application appeared first on CCN

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Bitcoin Market Has ‘Run Out of Juice’: Cryptocurrency Analyst

Element Group, a cryptocurrency economics and digital assets solutions analyst, published a report explaining that the SEC’s delay in approving bitcoin ETF proposals is the primary reason why the market has become so boring in recent weeks. Crypto Market Has Become Boring “One can argue that the depressed volatility patterns we’re seeing with bitcoin is The post Bitcoin Market Has ‘Run Out of Juice’: Cryptocurrency Analyst appeared first on CCN

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Brian Kelly: If You’re Selling Bitcoin Because of ETF Delay, You’re Doing it Wrong

CNBC Fast Money contributor and BKCM CEO Brian Kelly has firmly emphasized that while bitcoin has seen a massive decline in price over the last 24 hours, investors selling the dominant cryptocurrency based on the delay of SEC in approving the first bitcoin ETF are doing it wrong. Bitcoin Drops 12% While EOS, Bitcoin Cash The post Brian Kelly: If You’re Selling Bitcoin Because of ETF Delay, You’re Doing it Wrong appeared first on CCN

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VanEck Responds to SEC’s Bitcoin ETF Concerns In New Letter

Money management firm VanEck has responded to the SEC’s concerns over bitcoin exchange-traded funds (bitcoin ETF) in a letter to the regulator made public on the agency’s website. Addressed to Dalia Blass, director of the SEC’s division of investment management, the letter tackles the five points of order from the SEC’s previous communication with the … Continued The post VanEck Responds to SEC’s Bitcoin ETF Concerns In New Letter appeared first on CCN

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Bitcoin Price Drops to $7,900 as SEC Denies Winklevoss ETF, Crypto Market Loses $11 Billion

The bitcoin price has dropped by nearly 4 percent almost immediately after the US Securities and Exchange Commission (SEC) denied the Winklevoss bitcoin ETF on July 27. Bitcoin ETF as a Major Factor A sudden drop in the price of BTC from $8,300 to $7,900 led other major digital assets and small market cap tokens The post Bitcoin Price Drops to $7,900 as SEC Denies Winklevoss ETF, Crypto Market Loses $11 Billion appeared first on CCN

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SEC Delays Ruling on Five Bitcoin ETF Applications

The Securities and Exchange Commission (SEC) has announced in a statement that it will delay its ruling on whether or not to give approval to a rule change relating to five bitcoin ETF applications filed by fund provider Direxion. The ETFs in question are Direxion Daily Bitcoin Bear 1X Shares, Direxion Daily Bitcoin 1.25X Bull Shares, Direxion The post SEC Delays Ruling on Five Bitcoin ETF Applications appeared first on CCN

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Bitcoin Price Recovers Within 24 Hours From $11,500 to $15,000, Optimstic Factors

The post Bitcoin Price Recovers Within 24 Hours From $11,500 to $15,000, Optimstic Factors appeared first on CCN It took less than 24 hours for the bitcoin price to recover from a 30 percent drop. Earlier today, on December 23, the price of bitcoin recovered from $11,500 to $15,000, as the cryptocurrency market began to demonstrate optimistic signs of growth. Factors of Potential Short-Term Rally Since yesterday, the market valuation of cryptocurrencies has The post Bitcoin Price Recovers Within 24 Hours From $11,500 to $15,000, Optimstic Factors appeared first on…

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CBOE Joins Race to List the First Bitcoin ETF, With 6 Filings

The post CBOE Joins Race to List the First Bitcoin ETF, With 6 Filings appeared first on CCN The Chicago Board Options Exchange (CBOE) hopes to be the first U.S. exchange to list a Bitcoin ETF, an exchange-traded fund that tracks the price of bitcoin futures contracts. CBOE Files to List Bitcoin ETF According to documents posted on the exchange operator’s website, CBOE filed several proposed rule changes with the U.S. Securities and The post CBOE Joins Race to List the First Bitcoin ETF, With 6 Filings appeared first on…

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