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”
President Trump
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”