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.
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.
Venture Capital Perspective on Crypto in 2022
Chen Li, CEO of Venture Capital firm Youbi Capital, provides his insights on the current and future state of the crypto market. Li discusses the potential of newer layer 1 blockchain projects like Avalanche, Polygon, and Terra, and bitcoin’s influence on the value of other altcoins. Plus, his take on the future of China’s cryptocurrency ecosystem and Jack Dorsey’s recent Twitter statements against Web 3.
Resumen del mercado: un año en revisión: recordando la caída del Bitcoin impulsada por el miedo, la incertidumbre y la incertidumbre
A medida que los Mercados de Cripto avanzaban en abril y mayo, muchos compradores comenzaron a retirar sus activos, ya que el miedo, la incertidumbre y la duda ("FUD") abrumaban a los operadores. Las preocupaciones incluían los impuestos sobre las ganancias de capital de los EE. UU. sobre los activos digitales, la huella ambiental de Bitcoin y una prohibición total de la minería de Cripto en China.
