Fundstat’s Tom Lee is no stranger to cryptocurrencies. Tom Lee of Fundstrat had famously said Bitcoin “could end the year explosively higher.” In fact, he says Bitcoin could rally as high as $25,000. He called for Ethereum to rally to $1,900 by 2019. Tom Lee Fundstrat Survey: Bitcoin Prices Already Bottomed After plunging from $20,000 to … Continue reading “Fundstrat Tom Lee: Institutions Overwhelmingly Believe Bitcoin Bottomed”
US SEC
Bitcoin ETF: US SEC Ready to Rule in late October 2018 on Crypto Market
Author Ian CooperPosted on Categories Bitcoin, Blockchain, Business, Cryptocurrency, ETFLeave a comment on Bitcoin ETF: US SEC Ready to Rule in late October 2018 on Crypto MarketThe U.S. SEC just filed amendments on proposed rule changes on nine Bitcoin ETF proposals. This will affect two Granite Bitcoin ETFs, including the GraniteShares Short Bitcoin ETF and the GraniteShaes Bitcoin ETF. It will also impact ETFs proposed by Direxion and ProShares. In August 2018, the SEC denied all ETFs The US SEC cited … Continue reading “Bitcoin ETF: US SEC Ready to Rule in late October 2018 on Crypto Market”
Bitwise: Ric Edelman and TD Ameritrade Invest in Crypto-Asset Manager
Author Ian CooperPosted on Categories Bitcoin, Blockchain, Business, Cryptocurrency, NewsLeave a comment on Bitwise: Ric Edelman and TD Ameritrade Invest in Crypto-Asset ManagerRic 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”
Eris Exchange: New Cryptocurrency Market to Launch
Author Ian CooperPosted on Categories Bitcoin, Business, Crypto Exchanges, Cryptocurrency, ETF, EthereumLeave a comment on Eris Exchange: New Cryptocurrency Market to LaunchDerivatives market, Eris Exchange is opening a new cryptocurrency market. In fact, it’ll be backed by DRW Holdings, Virtu Financial, and TD Ameritrade Holding. The ErisX Platform The new platform from Eris Exchange will allow investors to trade Bitcoin, Ether, Bitcoin Cash and Litecoin. In addition, they can trade futures contracts on cryptocurrencies. Reportedly, these … Continue reading “Eris Exchange: New Cryptocurrency Market to Launch”
CFTC Chair: Cryptocurrencies Here to Stay
Author Ian CooperPosted on Categories Bitcoin, Blockchain, Business, Cryptocurrency, RegulationsLeave a comment on CFTC Chair: Cryptocurrencies Here to StayOne of the most aggravating issues facing cryptocurrencies is the lack of action from the U.S. and the Commodities Futures Trading Commission (CFTC). But that could soon change In fact, Chis Giancaro, the chair of the CFTC intends to fix that very issue. “I think that cryptocurrencies are here to stay. I think that there … Continue reading “CFTC Chair: Cryptocurrencies Here to Stay”
TechCrunch CEO: America is Falling Behind
Author Ian CooperPosted on Categories Blockchain, Business, Cryptocurrency, News, RegulationsLeave a comment on TechCrunch CEO: America is Falling BehindMajor cryptocurrency companies could leave America in the next few months. All thanks to inaction from the U.S. SEC with regards to regulation, or ETFs. America has already been left behind In late September 2018, Tech Crunch founder, Michael Arrington announced his venture capital would relocate to Asia. “We received a second subpoena from the … Continue reading “TechCrunch CEO: America is Falling Behind”
CFTC, SEC and FBI Charge Bitcoin (BTC) Dealer, 1Broker
Author Ian CooperPosted on Categories Bitcoin, Cryptocurrency, News, ScamLeave a comment on CFTC, SEC and FBI Charge Bitcoin (BTC) Dealer, 1BrokerThree U.S. agencies took action again Bitcoin-funded, 1pool Ltd., otherwise knows as 1Broker. For instance, the U.S. SEC charges that 1Broker violated federal securities laws. The Commodity Futures Trading Commission (CFTC) says 1Broker violated the Commodity Exchange Act. Even the U.S. FBI seized the company’s domain, alleging on money laundering, operating as an unregistered broker, and … Continue reading “CFTC, SEC and FBI Charge Bitcoin (BTC) Dealer, 1Broker”
Cryptocurrency Bulls: U.S. Congress Demanding Answers Immediately
Author Ian CooperPosted on Categories Bitcoin, Blockchain, Business, Cryptocurrency, RegulationsLeave a comment on Cryptocurrency Bulls: U.S. Congress Demanding Answers ImmediatelyIt’s not just cryptocurrency bulls asking for answers from the U.S. SEC. Now, Congress wants answers, too In fact, more than a dozen members of the House sent a letter to the U.S. SEC asking how it intends to regulate cryptocurrencies. “It is important that all policy makers work toward developing clearer guidelines between those … Continue reading “Cryptocurrency Bulls: U.S. Congress Demanding Answers Immediately”
Big News: ICE Bakkt Reveals Physical Crypto Futures Product
Author Ian CooperPosted on Categories Business, Crypto Exchanges, Cryptocurrency, ETF, GeneralLeave a comment on Big News: ICE Bakkt Reveals Physical Crypto Futures ProductCryptocurrencies got another big shot in the arm. In fact, the Intercontinental Exchange (ICE) just announced its Bakkt platform’s first offering will be physical Bitcoin futures. According to a Bakkt tweet “Our first contracts will be physically delivered Bitcoin futures contracts versus fiat currencies, including USD, GBP and EUR. For example, buying one USD/BTC futures contract … Continue reading “Big News: ICE Bakkt Reveals Physical Crypto Futures Product”
US SEC Director: “We will likely Recommend more Substantial Remedies”
Author Ian CooperPosted on Categories Cryptocurrency, ICO, News, RegulationsLeave a comment on US SEC Director: “We will likely Recommend more Substantial Remedies”US SEC Director Stephanie Avakian says the agency will likely recommend “more substantial remedies” against those who fail to follow initial coin offering (ICO) registration requirements. At the same time, “We have tried to be thoughtful about how to handle ICO registration cases that do not involve fraud. We want to recognize legitimate efforts to … Continue reading “US SEC Director: “We will likely Recommend more Substantial Remedies””
