Grayscale Files to Make Bitcoin Trust First to Be Regulated by SEC

Grayscale Investment has submitted a filing with the U.S. Securities and Exchange Commission (SEC) that could change the status of its popular bitcoin investment product.  On November 19, 2019, the company filed a securities registration form with the SEC which, if approved, would see its popular Bitcoin Trust product become the first-ever digital currency investment product to be regulated by the SEC.  The Bitcoin Trust was initially launched as a way to give more investors exposure to bitcoin with some barriers to entry eliminated, like the need to protect your…

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Registration Kicks Off For Global BTC Trading Competition

Registration for Bybit’s inaugural BTC Brawl, the “biggest global team trading competition the world has ever seen!”, got underway on 18th November at 9.00AM UTC. Bybit, a cryptocurrency derivatives exchange based in Singapore, have been going from strength to strength, recently hitting the 4 billion USD mark for 24 hour trading volume, and the BTC […] The post Registration Kicks Off For Global BTC Trading Competition appeared first on CCN.com

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Bitcoin Could Be Stopped By Governments ‘Pretty Simply’

Bitcoin (BTC) so far has built the reputation of “the honey badger of money”, rising even in unfavorable conditions. The network itself has resisted the censorship of multiple regimes, but could world governments ever bring down Bitcoin if they wanted to?  Governments Powerful Enough to Sway Markets Bitcoin could be brought down even without touching the network, says crypto analyst Alex Krüger. A recent discussion suggested a permanently low market price with no chance for a significant rally, could simply put investors off the asset. Governments could stop bitcoin pretty…

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Make No Mistake, Crypto is Still Hated by Beijing Despite Bullish Blockchain Pivot

In late-October, Bitcoin incurred an explosive rally that sent its price from lows of $7,300 to highs of over $10,600. This price rally came just hours after the Chinese President made bullish comments on blockchain technology, which generated optimism that these comments would mark the start of a pivot away from the country’s predatory policies on crypto. In spite of this, a recent segment on a Chinese state-sponsored media channel elucidates that Beijing is still ardently opposed to cryptocurrency, deeming digital assets as unregulated securities, fraudulent investment vehicles, and Ponzi…

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Ford’s Electric Mustang Mach-E Is Terrible News for Tesla

Ford’s new Mustang Mach-E is positioned against the Tesla Model Y. Both cars have similar features, but Ford enjoys a huge price advantage. The arrival of competitors threatens the profitability of Tesla. Elon Musk has never been afraid of competition. In fact, he has stated on multiple occasions that the mission of Tesla is “to […] The post Ford’s Electric Mustang Mach-E Is Terrible News for Tesla appeared first on CCN.com

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