China Expells Xiao Yi for Violating the Country’s Digital Asset Policies
After violating China’s digital asset policies, Xiao Yi, a government official representing Jiangxi province, was removed from his position. According to the prosecutors, he allegedly illegally supported various bitcoin mining enterprises China Sends a Strong Message that Crypto Minning is Prohitbited According to a recent article by the South China Morning Post, Xiao Yi, a […]
Crypto Market Recovers $100 Billion in a Day, As Bitcoin Bulls Challenge $66,000
The crypto market cap has increased by about $100 billion in a single day, as bitcoin has reached $66,000 and ETH has surpassed $4,700 After a few days of negative price movements, Bitcoin has finally gone on the attack and challenged $66,000. The majority of cryptocurrencies are also marginally higher, with Ethereum regaining $4,700 and […]
Chainlink Continues Heavy Accumulation As LINK Price Hovers Around $35
Chainlink (LINK), unlike other altcoins, hasn’t been a big part of the recent altcoin bull run. With strong going whale accumulating, the oracle service provider cryptocurrency has been staying around $35 Focus on Chainlink (LINK) While numerous other altcoins have recently made headlines, now is an excellent moment to focus on Chainlink (LINK). With strong […]
Here’s why the SEC is more likely to approve an Ethereum Futures ETF than a Bitcoin spot ETF
After rejecting VanEck’s request for a spot Bitcoin ETF last week, the US Securities and Exchange Commission (SEC) made its position clear on spot market pegged crypto ETFs. Although the rejection was not unexpected, SEC Chairman Gary Gensler had previously stated that the crypto industry is not yet mature enough to manage a spot ETF. […]
VanEck Sets to Launch a Bitcoin Exchange-Traded Fund (ETF) on Nov. 16
VanEck, one of the first asset managers in the United States to file for a Bitcoin (BTC) exchange-traded fund (ETF), is launching its Bitcoin futures ETF today. The ETF will begin trading on the Chicago Board Options Exchange (CBOE) on Tuesday The Story Behind VanEck’s Bitcoin Strategy ETF VanEck, one of the first asset managers […]