The Securities and Exchange Commission (SEC) has extended the time period for ruling on NYDIG’s proposal for a spot bitcoin ETF by 60 days in order to have “sufficient time to consider the proposed rule change and any comments received.”The SEC’s original deadline was Jan. 15, so now it has until March 15 to make a decision.In recent months, the SEC has rejected spot bitcoin … [Read more...] about SEC Delays Decision on NYDIG’s Spot Bitcoin ETF Proposal
Decision
SEC Delays Decision on Grayscale and Bitwise Spot Bitcoin ETFs
The U.S. Securities and Exchange Commission (SEC) is pushing out its review of proposals by Grayscale and Bitwise for their spot bitcoin exchange-traded funds (ETFs) by 45 days, according to filings around both products. Grayscale is owned by Digital Currency Group, which is the parent company of CoinDesk. Source link … [Read more...] about SEC Delays Decision on Grayscale and Bitwise Spot Bitcoin ETFs
Bitcoin Holds Steady Above $49K as BOE Hikes Interest Rate; ECB Decision to Come
“Despite bitcoin’s recent 39% correction, the number of addresses with a non-zero balance continues to break all-time highs,” said Marcus Sotiriou, an analyst at the U.K. based digital asset broker GlobalBlock. “Also, since the $69,000 all-time-high, the Canadian Bitcoin Purpose ETF has added 6,341 BTC in assets under management, representing a 26.2% increase in coin … [Read more...] about Bitcoin Holds Steady Above $49K as BOE Hikes Interest Rate; ECB Decision to Come
Solana Leads Gains as Cryptos Recover on Fed Decision
Solana led gains among larger tokens amid a broader jump in global markets. The crypto market has added almost $59 billion in value over the past day following the U.S. Federal Reserve decision to gradually reduce stimulus benefits and taper purchases of government bonds after inflation climbed to a 39-year high.Tokens of Solana, the fifth-largest crypto by market … [Read more...] about Solana Leads Gains as Cryptos Recover on Fed Decision
Fed Decision on Stimulus Money Buoys Crypto Markets
“First Mover” hosts spoke with CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De for the key takeaways from the U.S. Senate Banking Committee hearing on stablecoins yesterday. Matt Leising, co-founder of DeCential and author of “Out Of The Ether,” shared his views on DAOs’ evolution and outlook and what the mainstream media gets wrong about crypto. Plus, … [Read more...] about Fed Decision on Stimulus Money Buoys Crypto Markets