Cryptocurrency is on the tip of everyone’s tongues these days. For example, former President Bill Clinton just warned against tight regulation. Yale University’s endowment fund just made an investment. Members of the US SEC are bullish, too. In addition, now Donald Trump’s appointment to the US CFTC, J. Christopher Giancarlo says it’s here to stay, … Continue reading “President Donald Trump CFTC Appointee, Giancarlo on Cryptocurrency”
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Bitwise: Ric Edelman and TD Ameritrade Invest in Crypto-Asset Manager
Ric Edelman is quite bullish on cryptocurrencies. Why Edelman is Bullish “I’m bullish on it because Bitcoin is now 10 years old, it’s a $200 billion market in crypto total, Bitcoin is 40% of that. Clearly, it’s here to stay. There’s massive amounts of investment going into the blockchain, and cryptoassets specifically, and financial advisors, I … Continue reading “Bitwise: Ric Edelman and TD Ameritrade Invest in Crypto-Asset Manager”
US SEC Sets New Deadline for Bitcoin ETFs
In late August 2018, cryptocurrencies pulled back on the U.S. SEC’s denial of nine ETFs. In fact, it rejected two ETFs by ProShares that would track Bitcoin future contracts. It denied five inversed and leveraged ETFs from Direxion. And it denied one from GraniteShares. The news came as no surprise The US SEC cited failure … Continue reading “US SEC Sets New Deadline for Bitcoin ETFs”
President Trump Boosts Possibility of a Bitcoin ETF
The likelihood of a Bitcoin ETF just got stronger. All thanks to President Trump’s latest appointment of Republican Elad Roisman to the U.S. SEC. In fact, he may be the missing piece that could tilt the balance in favor of approval. With a strong stance on fair regulation of cryptocurrency, Roisman noted: “The SEC must … Continue reading “President Trump Boosts Possibility of a Bitcoin ETF”
Donald Trump’s Ex-Advisor Predicts ‘Global Cryptocurrency’
Gary Cohn, the former Goldman Sachs executive, and Donald Trump’s Ex-Advisor is a big believer in Blockchain technology. In an interview with CNBC’s Bob Pisani, Gary Cohn stated that he is not a big believer in Bitcoin but believes in the underlying technology behind Bitcoin which is Blockchain technology. He made a prediction about the … Continue reading “Donald Trump’s Ex-Advisor Predicts ‘Global Cryptocurrency’”