In a live recording with Reddit’s r/CryptoCurrency Talk Thursday, Shark Tank celebrity Kevin O’Leary discussed how cryptocurrencies now make up 10% of his investment portfolio: At the beginning of the year, I was at 3% weighting; the target was to get 7% by year-end. However, because of the appreciation of so many of the assets I have now, we’re almost…
On Friday, November 12, the U.S. Securities and Exchange Commission (SEC) rejected Vaneck’s bitcoin spot market exchange-traded fund (ETF). The U.S. regulator noted that the denial was due to the lack of prevention toward “fraudulent and manipulative acts and practices.” SEC Turns Down Spot Market ETF – US Regulator Believes There Should be More Manipulation Protection for Investors Following the…
Bears swooped in to seize the upper hand on Nov. 12 after news that the United States Securities and Exchange Commission (SEC) had rejected the VanEck spot Bitcoin (BTC) Exchange Traded Fund (ETF) application made ripples through the crypto-sphere and deflated the bullish momentum that had been building throughout the week. While many investors had high hopes that the passage…
Crypto gaming startup Forte today announced it has taken in $725 million in Series B financing, adding to its haul of $185 million from a Series A round this May. Sea Capital and Kora Management led the funding round, with recognizable players such as Andreessen Horowitz, Animoca Brands, and Warner Music Group also participating. In a sign of Forte’s multichain…
Welcome to the latest edition of Cointelegraphs decentralized finance (DeFi) newsletter. Ethereum Name Service announced a retroactive token airdrop this week to a fanfare of crypto enthusiasts. If you happen to own a .eth domain, read on to discover how you can claim your eligible tokens. What youre about to read is the smaller version of this newsletter. For the…
Watch This Episode On YouTube Listen To This Episode: Bitcoin was under attack! It’s the story the mainstream media won’t tell you! Hosts Aaron van Wirdum and Sjors Provoost finally met in Utrecht again to record “Bitcoin, Explained.” In this episode, they discussed a recent attack on the Bitcoin network, where some nodes were flooding peers with fake IP addresses.…
The SEC has rejected VanEck’s spot bitcoin ETF proposal. The filer had not demonstrated that its proposal abides by the national requirements for such an offering, the SEC explained in a disapproval letter. It is unclear when the commission would feel comfortable approving a spot BTC ETF in the U.S., but investors can still acquire bitcoin themselves — a better option. The…
Understanding exactly what about the Bitcoin network implementing Taproot changes is necessary for understanding why the changes were needed. Taproot is the combination of many Bitcoin Improvement Proposals (BIPs) resulting in a soft fork of Bitcoin’s blockchain. A soft fork is a proposed upgrade that over time is adopted as the only blockchain, meaning the old one will cease to…
In brief The NFLs New England Patriots have signed with crypto fan token maker, Socios. The multi-year marketing partnership also includes MLS team the New England Revolution. Socios, the biggest player in the multi-billion-dollar crypto fan token market, has just aligned with one of the NFLs biggest teams. Today, Socios announced a marketing deal with Kraft Sports + Entertainment, owners…
Watch This Episode On YouTube Listen To This Episode: This week on “Bitcoin Bottom Line,” co-hosts “Bitcoin Ambassador” C.J. Wilson and “Chart Master” Steven McClurg discuss the exciting, active times in the Bitcoin space. Don’t miss the video version of this episode. Wilson shared a behind-the-curtain peek into his recent meetings with Senator Ted Cruz and other key political figures…
