Polkadot and Cosmos Gain in a Rocky Week for Crypto: CoinDesk Indices Market Update
The CoinDesk 20 includes assets gaining like Polkadot and Cosmos and falling like NEAR, DOGE, and BCH. CD20's monthly decline contrasts with its high one-year return. [ more ]
Do Bitcoin ETFs Kill the Bull Case for Crypto Equities?
The launch of Bitcoin ETFs has been successful, with nearly $4 billion in assets gathered in the first six days.
Bitcoin and companies tied to the industry experienced a sell-off following the ETF launch, but this period of weakness is expected to be short-lived. [ more ]
Polkadot and Cosmos Gain in a Rocky Week for Crypto: CoinDesk Indices Market Update
The CoinDesk 20 includes assets gaining like Polkadot and Cosmos and falling like NEAR, DOGE, and BCH. CD20's monthly decline contrasts with its high one-year return. [ more ]
Do Bitcoin ETFs Kill the Bull Case for Crypto Equities?
The launch of Bitcoin ETFs has been successful, with nearly $4 billion in assets gathered in the first six days.
Bitcoin and companies tied to the industry experienced a sell-off following the ETF launch, but this period of weakness is expected to be short-lived. [ more ]
EU Parliament Adopts AML Laws Regulating Bitcoin Based On Questionable Assumptions
The European Parliament adopted new AML regulations impacting crypto asset service providers, including increased reporting, customer due diligence, and restrictions on privacy assets. [ more ]
Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; 'Potential Fee War' Unfolding, Says Analyst
Hong Kong approved first batch of crypto-related spot ETFs by Harvest Global Investments, China Asset Management, and Bosera Asset Management & HashKey Capital with lower management fees. [ more ]
Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; 'Potential Fee War' Unfolding, Says Analyst
Hong Kong approved first batch of crypto-related spot ETFs by Harvest Global Investments, China Asset Management, and Bosera Asset Management & HashKey Capital with lower management fees. [ more ]
'We Did Not Approve or Endorse Bitcoin': Gary Gensler's Begrudging ETF Statement
The U.S. SEC has approved about a dozen spot bitcoin ETF proposals following a court loss in rejecting Grayscale's application.
SEC Chair Gary Gensler emphasized that the approvals do not indicate a willingness to approve listing standards for crypto asset securities or a change in the SEC's views on the status of other crypto assets. [ more ]
'We Did Not Approve or Endorse Bitcoin': Gary Gensler's Begrudging ETF Statement
The U.S. SEC has approved about a dozen spot bitcoin ETF proposals following a court loss in rejecting Grayscale's application.
SEC Chair Gary Gensler emphasized that the approvals do not indicate a willingness to approve listing standards for crypto asset securities or a change in the SEC's views on the status of other crypto assets. [ more ]
The market assigns a high probability of around 90% for the approval of a spot bitcoin ETF by the Securities and Exchange Commission.
Spot-based bitcoin ETFs have advantages over futures-based ETFs, including avoiding high roll costs and allowing for the full performance benefits of holding bitcoin. [ more ]
Bitcoin is a high-risk, high-return potential asset with a low correlation to stocks, making it a suitable addition to many investors' portfolios.
Building a diversified portfolio with compelling returns has become more challenging, as traditional assets like stocks and bonds struggle to produce comparable returns.
Crypto markets offer high-risk, high-return potential assets that can be useful for risk-tolerant investors looking to construct an optimal portfolio. [ more ]
The market assigns a high probability of around 90% for the approval of a spot bitcoin ETF by the Securities and Exchange Commission.
Spot-based bitcoin ETFs have advantages over futures-based ETFs, including avoiding high roll costs and allowing for the full performance benefits of holding bitcoin. [ more ]
Bitcoin is a high-risk, high-return potential asset with a low correlation to stocks, making it a suitable addition to many investors' portfolios.
Building a diversified portfolio with compelling returns has become more challenging, as traditional assets like stocks and bonds struggle to produce comparable returns.
Crypto markets offer high-risk, high-return potential assets that can be useful for risk-tolerant investors looking to construct an optimal portfolio. [ more ]
Australia Updates its Capital Gains Tax Guidance to Include Wrapped Tokens and DeFi
Australia's tax authority has clarified that its capital gains tax on crypto products applies to wrapped tokens and token interactions with decentralized lending protocols.
The updated guidance includes reporting capital gains and losses for the exchange of crypto assets, including wrapped tokens and participation in DeFi lending and borrowing arrangements.
The move has received criticism from the crypto industry, with concerns about the taxation of purely technological functions and potential implications for token transfers to centralized exchanges. [ more ]