Cryptocurrency Analysis and News Portal
Although Jamie Dimon remains a Bitcoin critic, JPMorgan continued to make waves in the blockchain industry.While there are many Bitcoin believers confident in the existence of the cryptocurrency, there are also unrepentant BTC critics like JPMorgan (NYSE: JPM) CEO Jamie Dimon. The CEO has made several bearish comments on crypto
Read More
The record discount in the front-month bitcoin futures traded on the CME indicates institutions are biased bearish. The discount may attract arbitrageurs. Source
Read More
Leung added that virtual assets futures ETFs will be subject to additional requirements related to management company, investment strategy, disclosure, and investor education. In the initial stage, the underlying assets will be confined to Bitcoin futures and Ether futures traded on the Chicago Mercantile Exchange, Leung said. Source
Read More
U.S. Senator Elizabeth Warren ((D-Mass.) and Representative Alexandria Ocasio-Cortez (D-N.Y.) have asked regulators to clarify their rules on former employees obtaining roles in the crypto industry. Original Source
Read More
The U.S. inflation-indexed bond yield has surged by 100 basis points (bps) since early August, causing renewed jitters in risky assets, including cryptocurrencies. And to the dismay of bitcoin (BTC) bulls, the so-called real yield is likely to rise even further in the coming months. Source
Read More
Though relatively minor trusts, any uncertainty surrounding this trio’s legal status – namely, whether they are securities – underscores the stakes of Grayscale’s regulatory gamble. Its trust business presumes these cryptos are not securities; if it determines otherwise, it says in the filings, it may have to pull the plug
Read More
Three months after being elected into power, the Australian Labor party has finally broken its silence on how it's planning to approach crypto regulation. Treasurer Jim Chalmers announced a “token mapping” exercise, which was one of the 12 recommendations in a senate inquiry report last year on “Australia as a Technology
Read More
The U.S. 10-year real yield has dropped 46 basis points in two weeks, offering bullish cues to risk assets, including bitcoin. Source
Read More
The bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The legislation is yet to be finalized and will not be reviewed by lawmakers in the near future, Anatoly Aksakov revealed
Read More
Indian crypto businesses are struggling with the new tax policies as trading volumes have dried up and many established crypto firms are looking to relocate to more crypto-friendly jurisdictions.While many developed countries and even several of its Asian counterparts are actively studying and formulating better crypto regulations, the Indian government
Read More