On October 19, financial news outlets in the United States competed to get interviews from the chief executive officer of ProShares, a renowned Wall Street investment banking firm, and from Gary Gensler, Chairman of the Securities and Exchange Commission. The reason these two gentlemen were sought after by the financial…
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Two-Layer Protocol Technology Still the Future of Crypto Despite Bot Attacks
In 2021 the technology space has witnessed the growth in the two-layer protocol, especially when it comes to decentralized finance and other no fungible tokens popularly known as NFT. The above two technologies have been quite specific, and a significant factor in the witness is rising in transaction costs on…
Barring Objection Bitcoin Stock to be Traded on Wall Street
With two full trading weeks left in the month, October 2021 is shaping up to be one of the most interesting periods of the year. The first Bitcoin exchange-traded fund is expected to start trading on October 19 unless the United States Securities and Exchange Commission presents a last-minute objection…
Highlights From This Week's Digital Currency News
Without a doubt, the biggest news stories in the world of digital currencies this week were made by Bitcoin and the United States Securities and Exchange Commission. By the end of October, an exchange-traded fund based on Bitcoin futures will be listed on Wall Street under the BITO ticker symbol.…
Crypto traders anticipate approval of two Bitcoin ETFs, send BTC soaring past $61k
Cryptocurrency traders have been enjoying a bullish heaven spurred by news related to a couple of Bitcoin exchange-traded funds awaiting approval from the United States Securities and Exchange Commission. The two ETFs that could soon start trading on Wall Street are managed by respected investment banking firms, and news of…
Two Bitcoin ETFs Soon to be Traded on Wall Street
Bitcoin traders who had enjoyed a bullish rally earlier this week started taking profits on Thursday, thus forcing a market pullback, but a sudden reversal of trading volumes was caused by news reports about the future of two applications for cryptocurrency exchange-traded funds (ETFs). According to an article published by…