Bitcoin News
SEC Rejects Kryptoin Bitcoin ETF Proposal
The U.S. Securities and Exchange Commission (SEC) has rejected investment firm Kryptoin’s proposal for a spot bitcoin exchange-traded fund (ETF). This follows the disapproval of a similar application by global investment manager VanEck. CoinDesk's Brad Keoun provides insights on what this means for Grayscale Bitcoin Trust (GBTC) and where the market is headed.
BTC Trading Volumes Decreasing as the Holidays Approach
New data on prospects of a “Santa Rally” reveals bitcoin trading volumes on several major centralized exchanges remain low in advance of the holiday season. Plus, bitcoin’s volatility may escalate in the coming weeks as leverage in the BTC market increases. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Week in Review: Bitcoin and Stocks Both Up, Global Interest Rates React on Omicron
CoinDesk Markets Managing Editor Brad Keoun discusses the year-to-date returns for cryptocurrency and the stock market, highlighting the positive correlation between bitcoin and the S&P 500. Plus, a look into Ethereum’s exponential growth and how central banks across the globe are handling interest rates in wake of the Omicron variant.
First Mover Asia: Bitcoin’s Price Remains Boxed In Below $51K Over Holiday Weekend
Trading was light across different crypto exchanges on Christmas day and Boxing Day in the U.K.; ether’s price was roughly flat.
Why Portfolio Managers Will Need to Look at Altcoins in 2022
The more uncorrelated they become with bitcoin (itself uncorrelated to traditional assets), the stronger the diversification play.
Cardano, Polkadot Advance as Crypto Market Rallies Ahead of Christmas
Thin liquidity leading to the holiday season led to a brief revival of most cryptocurrencies.
First Mover Asia: Santa Claus Rally Sends Bitcoin North of $50K
Ether also sees some holiday cheer; polygon and terra sparkle with record highs.
CoinList Releases Survey of Top Crypto Predictions for 2022
Graham Jenkin, CEO of crypto trading platform CoinList, discusses the results from the site's recent survey of top 2022 crypto predictions. Jenkins shares insights into where bitcoin's value will be within a year, the likelihood of Solana and Binance Smart Chain nearing Ethereum’s price, and whether other countries could follow El Salvador's integration of cryptocurrency into their monetary system.
