May 22, 2019 at 12:54
Another Bitcoin ETF Suspended: How Long Must We Wait?
The United States (US) Securities and Exchange Commission (SEC) postponed another VanEck Bitcoin ETF approval, as per an authorized SEC filing on Monday. The US SEC, one of the agencies in charge of implementing federal securities law, as well as regulating the securities sector, stock and exchanges such as digital securities markets, said that it still needs time to collect more key information.
May 08, 2019 at 13:04
Fidelity Presents Cryptocurrency Trading Service to Investors
A few weeks from now, the giant financial service provider Fidelity Investments will purchase and sell cryptocurrency to institutional investors, Bloomberg reports. The giant spends more than $2.5 billion annually on innovative technologies such as blockchain, crypto, artificial intelligence, etc. Bitcoin (BTC) is up over 55% in 2019.
Cryptocurrency Firm Bakkt Earns a $740M Valuation in Series A Funding
Bakkt – owned by Intercontinental Exchange (ICE) has netted a $740 million valuation after raising more than $182 million in a Series A funding round in 2018, according to The Block, the crypto news outlet. The company sold over ¼ of its shares to investors to hit the current valuation.
Bitcoin Bull Run Expected in August, Tom Lee Says
As investors continue to recover from the bearish market, the co-founder of Fundstrat Global Advisors Tom Lee remains optimistic and expects the next Bitcoin bull run to begin in August or September this year – which is five to six months from today. Lee has been making cryptocurrency predictions and comments for years.