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Category: U.S. SEC

This Crypto Analyst Says, “Do NOT Buy Bitcoin (BTC) If You Want to Get Rich”

Global investors have been betting on Bitcoin (BTC) over the last decade making humongous wealth at 200% compounded returns year-over-year. However, popular crypto analyst Lark Davis believes that now is not the right time to buy Bitcoin (BTC). Davis refers to Bitcoin as the reserve assets of the crypto markets calling it Gold 2.0. At

The post This Crypto Analyst Says, “Do NOT Buy Bitcoin (BTC) If You Want to Get Rich” appeared first on Coingape.

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France-based Melanion Capital Secures Regulatory Approval for Bitcoin ETF

The latest report shows that France-based fund manager Melanion Capital has received a regulatory go-ahead for an exchange-traded fund that seeks to track the price of Bitcoin (BTC) while satisfying the laws in Europe. In the information provided to Financial Times, Melanion Capital noted that the fund is 90% correlated to Bitcoin. It will basically

The post France-based Melanion Capital Secures Regulatory Approval for Bitcoin ETF appeared first on Coingape.

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SEC Chairman Gary Gensler Hints at Bitcoin (BTC) ETF With Stricter Rules

Gary Gensler, the newly appointed chairman of the U.S. Securities and Exchange Commission (SEC) has recently hinted at the possibility of a Bitcoin exchange-traded fund (ETF). A bitcoin ETF has been much awaited in the United States with the crypto community waiting for a long. Gensler’s comments came during his first major briefing on crypto

The post SEC Chairman Gary Gensler Hints at Bitcoin (BTC) ETF With Stricter Rules appeared first on Coingape.

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Bitcoin (BTC) Down 4% As the U.S. SEC Further Delays VanEck Bitcoin ETF Proposal

After trying to consolidate at around $40,000 levels over the last two days, Bitcoin (BTC) is down 4% as of writing this story slipping under $38,500 levels. At press time, the BTC price is training 4.21% down trading at $38,282 with a market cap of $720 billion. Bitcoin comes under pressure as the U.S. Securities

The post Bitcoin (BTC) Down 4% As the U.S. SEC Further Delays VanEck Bitcoin ETF Proposal appeared first on Coingape.

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XRP Jumps 13% Approaching $1 As Ripple Stops SEC From Accessing Legal Records

Although the overall crypto market seems to be under downward pressure, Ripple’s native crypto XRP has shot 13.53% making a move to $1. At press time, XRP is trading at a price of $0.99 with a market cap of $44.21 billion. This latest price rally in XRP comes as Ripple registers another micro-win in its

The post XRP Jumps 13% Approaching $1 As Ripple Stops SEC From Accessing Legal Records appeared first on Coingape.

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U.S. SEC Warns About Mutual Funds’ Exposure to Bitcoin (BTC) Futures

On Tuesday, May 11, the U.S. Securities and Exchange Commission (SEC) issued a warning for mutual funds that have exposure to Bitcoin futures and asked its investors to remain extremely cautious about it. With the parabolic rise in the BTC price over the last year, many hedge funds, insurance companies, endowments plans, pension funds, etc

The post U.S. SEC Warns About Mutual Funds’ Exposure to Bitcoin (BTC) Futures appeared first on Coingape.

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