Tag Archives: sec

CoinspeakerBitcoin Hits New 2023 High Not Seen in 13 Months The price of Bitcoin could continue its way upwards as the SEC mulls spot ETF applications, leading to a new 2023 high for the king coin. Bitcoin Hits New 2023 High Not Seen in 13 Months

CoinspeakerBlackRock CEO Larry Fink Says Bitcoin Has Potential to Revolutionize Finance Fink believes that a spot Bitcoin ETF has the potential to be as revolutionary for the financial sector in general as traditional ETFs were for the mutual fund industry. BlackRock CEO Larry Fink Says Bitcoin Has Potential to Revolutionize Finance

The prominent American businessman, TV personality, investor, and owner of the Dallas Mavericks – Mark Cuban – lambasted the US Securities and Exchange Commission (SEC) for choosing “the wrong path” to regulate crypto.  He believes its approach has been one reason why FTX investors in America have parted with substantial sums. On the other hand, he praised the actions of the Japanese regulators, outlining that “no one in FTX Japan lost money.” Cuban Goes on the Offensive...

The SEC’s subsequent enforcement actions, first against Ripple and XRP, followed by Binance and Coinbase, have contributed to the sufferings of other crypto exchanges from a liquidity standpoint. There has been a major shift in the CEX landscape that has already faced challenges following the FTX implosion. A new report suggested that a slow recovery in liquidity appears to have haunted the second quarter. Kraken: An Outlier The blockchain data provider Kaiko’s second...

Last week, Coinbase filed to dismiss the charges brought against it by the SEC. Motivating its approach, the exchange accused the agency of overreach, stating that crypto assets may not even come under their purview. The leading US crypto exchange also accused the SEC of ignoring prior approvals given for the sale of some of the digital assets named in its lawsuit. Emboldened by Coinbase’s move, Bittrex has decided to follow suit. Lawsuits and Bankruptcies Although Bittrex is...

CoinspeakerWinklevoss Brothers Bash US SEC for Refusal to Approve Bitcoin ETF Products The Gemini founders filed for the first Bitcoin ETF with the US SEC ten years ago, which was rejected for almost the same reason the recent BlackRock and Fidelity products were dismissed. Winklevoss Brothers Bash US SEC for Refusal to Approve Bitcoin ETF Products

BlackRock ist eine international tätige US-amerikanische Investmentgesellschaft mit Sitz in New York City. Mit über 10 Billionen US-Dollar an verwaltetem Vermögen ist BlackRock der weltgrösste Vermögensverwalter, etwa in der halben Grösse der Vermögenswerte aller Finanzunternehmen in Deutschland. Auf dem Bild ist die Firmenzentrale von Black Rock in New York zu sehen. Foto CC 4.0 by Dazzling4, Wikipedia Der Krypto-Markt befindet sich wieder im...

Several financial giants, including Fidelity, 21Shares, and WisdomTree, have changed their filings with the Securities and Exchange Commission in regard to their applications for Bitcoin Spot ETFs. This comes just hours after the US securities regulator reportedly warned that all recent filings for such products were “inadequate.” BlackRock splashed the waters two weeks ago when it filed with the SEC to launch a Bitcoin Spot exchange-traded fund. While it was definitely not...

A low-profile but highly influential senior executive at Binance has spoken out as the company begins legal battles against two top market regulators in the United States. Yi He, who boasts a massive fortune as one of the company’s early shareholders, has also had children with Binance CEO Changpeng Zhao (CZ). The SEC Lawsuit He spoke to Bloomberg in a series of interviews – one of which took place in Dubai last month, shortly before the Securities and Exchange Commission...

The US Securities and Exchange Commission has reportedly issued a warning that the recent Bitcoin Spot ETF filings by financial giants, such as Fidelity and BlackRock, could lack comprehensive details. The agency has a long history of rejecting such products in the States, and its current war on crypto is likely not helping. BlackRock made the headlines a few weeks ago when it filed to launch a Bitcoin Spot ETF in the States, which, if approved, would be the first such...