In the vast landscape of the Bitcoin casino market, players are faced with multiple options […]
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What's in store for the crypto market this SeptemberBitcoin prices (BTC-USD) are down more than 10% over the last month. Yahoo Finance Senior Reporter David Hollerith notes that September tends to be a heavier trading month for bitcoin than August. He also notes that the SEC's response to a judge's ruling on converting the Grayscale Bitcoin Trust (GBTC) to an ETF likely won't happen until October.
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Grayscale urges U.S. SEC to approve spot bitcoin ETF following court victoryGrayscale Investments on Tuesday urged the U.S. Securities and Exchange Commission (SEC) to quickly approve its proposed exchange-traded fund that would track bitcoin, following the crypto asset manager's court victory against the agency. A three-judge panel of the District of Columbia Court of Appeals in Washington last week ruled that the SEC was wrong to reject Grayscale's proposed bitcoin ETF without explaining its reasoning, in a case that has been closely watched by the industry and which briefly boosted the price of bitcoin nearly 7%. The ruling requires the SEC to review Grayscale's application, although the agency still has time to appeal the court's decision.
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Bitcoin Spark unleashed: The next big thing in cryptocurrency miningCryptocurrency mining has taken the financial world by storm, with Bitcoin being the most well-known […]
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SEC has 'variety of options' to delay Grayscale bitcoin ETF: DACFP FounderGrayscale was handed a victory in a federal appeals court last week with officials ruling the SEC to reconsider the crypto company's application to convert its bitcoin trust (GBTC) into an ETF. Digital Assets Council of Financial Professionals Founder Ric Edelman discusses the caution crypto bulls should have on this decision based on the SEC's ability to delay the review process. 'This is simply a vendetta by [SEC Chair] Gary Gensler, there's no legitimacy or justification for the denial of these ETF applications,' Edelman asserts. 'If the SEC can approve 2X inverse funds... [or] single stock ETFs, there's no justification for denying a bitcoin ETF especially since they've already said yes to bitcoin futures ETFs. Gensler is just basically expressing his own personal viewpoint.'
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Crypto SWOT: One revenue gauge of Bitcoin mining is nearing a record lowCommentaries from industry expert Frank Holmes focusing on gold price movements, what's moving markets and what to expect in the metals sector. This includes his weekly Gold SWOT analysis, which is also featured in his own Kitco News show Gold Game Film
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Why Bitcoin prices might turn around soonIf Bitcoin’s weekly RSI rebounds from a key support level, the coin’s price action can turn bullish in the coming days.
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