Latest News for: Asset trading

Edit

Bitcoin tops $60k again on ETF hopes

The Times of India 16 Oct 2021
Bitcoin hit $60,000 for the first time in six months on Friday, nearing its alltime high, as hopes grew that US regulators would allow a futures-based exchange-traded fund (ETF), a move likely to open the path to wider investment in digital assets ... interest in digital assets.
Edit

Bitcoin ETF Receives Approval from SEC, Marking Historic Day for Crypto

NewsBTC 16 Oct 2021
Proshares, the asset management firm that filed its ETF earlier this summer, is set to launch as early as next week ... Serving as a regulated alternative to directly holding the underlying digital asset, an accessible exchange-traded fund will mean an influx of funds from retail and institutional investors alike.
Edit

'Big Short' investor Burry says he's no longer betting against Tesla - CNBC

Reuters 16 Oct 2021
Oct 15 (Reuters) - Investor Michael Burry of "The Big Short" fame said he was no longer betting against Tesla Inc (TSLA.O) and that his position was just a trade, CNBC reported on Friday. Burry's Scion Asset Management said in a regulatory filing in mid-May it had put options on 800,100 Tesla shares as of the end of the first quarter.
Edit

ProShares Set for Bitcoin Futures ETF Launch on Monday After Apparent SEC Approval

The Daily Hodl 16 Oct 2021
The US Securities and Exchange Commission has reportedly greenlit the country’s first Bitcoin futures exchange-traded fund (ETF) ... Invesco’s ETF is also set to provide exposure to a collection of exchange-traded products (ETPs) and private investment trusts that hold Bitcoin, rather than direct investments in BTC itself.
Edit

Company behind Tether 'token' fined $41M by US regulators

Fox31 Denver 16 Oct 2021
A stablecoin is a digital currency backed by real-world assets such as national currencies or other commodities ... Separately, the CFTC also ordered Bitfinex to pay a $1.5 million civil penalty after finding that the cryptocurrency trading platform made illegal, off-exchange retail commodity transactions involving digital assets with U.S.
Edit

Company behind Tether ‘token’ fined $41M by US regulators

The Associated Press 16 Oct 2021
A stablecoin is a digital currency backed by real-world assets such as national currencies or other commodities ... Separately, the CFTC also ordered Bitfinex to pay a $1.5 million civil penalty after finding that the cryptocurrency trading platform made illegal, off-exchange retail commodity transactions involving digital assets with U.S.
Edit

Bitcoin tops $60,000 on hopes of first US futures ETF debut

Hindustan Times 16 Oct 2021
Bitcoin breached the $60,000 mark for the first time since April on growing optimism that American regulators will greenlight the first US futures exchange-traded fund for the cryptocurrency ... An ETF is a financial instrument that can include different assets and be traded on an exchange like other securities.
Edit

Square CEO Dorsey says looking to build a bitcoin mining system - tweet

Reuters 16 Oct 2021
Shares of Square were up about 1% in extended trading ... since China's crackdown on bitcoin trading and mining, as hopes grew that U.S. regulators would allow a futures-based exchange-traded fund (ETF), a move likely to open the path to wider investment in digital assets.
Edit

Global economy risks another financial crisis – IMF

Business Ghana 16 Oct 2021
The Report urged policymakers to tread carefully as they combat a global surge in inflation because unprecedented stimulus during the pandemic had encouraged investors to take excessive risks, causing valuations of some assets to become overly stretched. It added that policymakers were confronted with “a challenging trade-off.
Edit

First US Bitcoin Futures ETF likely to debut on Oct 18, filing says

Live Mint 16 Oct 2021
Asset manager ProShares signaled plans to launch a Bitcoin futures exchange-traded fund as soon as Monday, an action that would end an eight-year wait for a security tracking the cryptocurrency on the U.S ... Wall Street could see four futures-backed Bitcoin ETFs could begin trading on U.S.
Edit

Russian President Vladimir Putin Weighs In on Legitimacy of Crypto Assets

The Daily Hodl 15 Oct 2021
“To transfer money to some other place maybe, but it’s too early to talk about the trade of anything in sources of crypto ... In the wake of China’s ban on crypto trading last month, Russia’s Deputy Finance Minister Alexei Moiseev said earlier this week that Russians will still be allowed to trade crypto assets.
Edit

CFTC Fines Stablecoin Issuer Tether and Crypto Exchange Bitfinex $42.5 Million

Bitcoin 15 Oct 2021
... digital assets with U.S persons on the Bitfinex trading platform and operated as a futures commission merchant (FCM) without registering as required.” ... The CFTC will also act to ensure that certain margined, leveraged or financed digital asset trading offered to retail U.S.
Edit

Altcoin Designed To Enable Bitcoin Smart Contracts Has Surged by More Than 60% This Week

The Daily Hodl 15 Oct 2021
STX is currently down slightly from its top and trading at $2.16, according to CoinGecko ... As for Bitcoin, the top crypto asset is still running hot and currently trading at $57,872, up 31% in October ... Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets.
Edit

AXS, CHZ, FTM + 9 more added to CoinJar

CoinJar 15 Oct 2021
From today, you’ll be able to buy and sell all of these coins on CoinJar, joining the 30 cryptocurrencies that our users can already trade, store, send and spend ... Mirror Protocol (MIR) is a decentralised derivatives platform that allows for the creation and trading of synthetic versions of real-world assets through what’s known as Mirrored Assets.
Edit

Bitcoin Could Surge Nearly 10X From Current Price, Predicts ARK Invest’s Cathie Wood – Here’s How

The Daily Hodl 15 Oct 2021
Bitcoin is currently trading at $57,327, but according to Financial Review, Wood says that price could surge by nearly 10 times if institutions allocate just 5% of their investment funds to BTC ... “I have seen two periods in my investment life where what seemed like new asset classes were moving into institutional portfolios.
×