Van Eck – a company that at this point, every diehard crypto trader and fan should know about – is entering the non-fungible token (NFT) space. Van Eck Is Establishing an NFT Division Van Eck made a name for itself many years ago when it became one of the first companies to try and get a bitcoin-based exchange-traded fund (ETF) approved by the Securities and Exchange Commission (SEC). The company went through heavy rigamarole trying to earn a greenlight on its...
Read More »Van Eck: Bitcoin Will Reach a Price of $1.3 Million
Bitcoin has been rocking as of late. While the currency is nowhere near where it was just five months ago – at that time in November of 2021, the world’s number one digital asset was trading for about $68,000 per unit – the currency has managed to get itself out of the doldrums and spike into the mid to high $40,000 ranges, a solid improvement over the $37,000 it was trading for in mid-March. Bitcoin Could Be Heading to the Stars Now, Van Eck – a company known for its...
Read More »The SEC Issues Another “No” To Van Eck’s Bitcoin ETF
US regulators have banned the new bitcoin-based exchange-traded fund (ETF) submitted by Van Eck. The Securities and Exchange Commission (SEC) had until November 14 of this year to make an official decision, though it looks like regulators were not willing to take the entire time window they had open to them. They certified a “no” on November 12. The Van Eck ETF Is Ungraciously Kicked Aside The SEC has been one of the most closed-minded organizations to bitcoin and the...
Read More »What Makes This Bitcoin Bull Run the Opposite of 2017?
Bitcoin is enjoying a historic run. The currency recently beat out its previously set all-time high, which occurred in December of 2017. Now, the currency has settled down a bit, but remains above $19,000 at the time of writing.Bitcoin Is Exploding As of LateMany are wondering if a setback is likely to occur this time around. That’s a big fear considering how similar this bitcoin run has been to the one from three years ago. As we all remember, the currency rose to nearly $20,000 per unit...
Read More »New Van Eck Bitcoin Note Gives Hope to Traders
Van Eck Associates Corp. has introduced a bitcoin exchange-traded note on a German crypto exchange. The trading platform is known as the Deutsche Boerse Xetra Exchange, and the company is trying to take advantage of the crypto wave that has been swelling and getting higher over the past few months.Van Eck Continues to Move ForwardVan Eck has always been there to push bitcoin when people most need it. Last year, the company was widely considered the frontrunner when it came to getting a...
Read More »It Could Be a While Before We See a Bitcoin ETF
A cryptocurrency analyst is claiming that the days of a bitcoin ETF are numbered.A Bitcoin ETF May Not Arrive for a WhileData Trek Research co-founder Nick Colas explained in an interview that the Securities and Exchange Commission (SEC) is being very hard on bitcoin exchange-traded funds (ETFs), and that people will likely see a bank-issued central cryptocurrency before they witness the days of a bitcoin ETF.Last January, Colas explained that the odds of witnessing an ETF based on a...
Read More »Tom Lee: Now Isn’t the Time for a Bitcoin ETF
Tom Lee has always been very adamant about bitcoin, but in a recent interview, he says that the space is way too small for a bitcoin-based exchange-traded fund (ETF) to work.Lee: Now Just Isn’t the TimeThere have been many attempts to get cryptocurrency ETFs approved over the past several years, but none have been successful. One of the ETF proposals that many believed would really pave the way for future bitcoin and blockchain-based products was the ETF application submitted by Van Eck Solid...
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