Bitcoin


Policy

Bitcoin Spot ETF Proposals to Be Rejected by SEC: Matrixport

"SEC Chair Gensler is not embracing crypto in the U.S., and it might even be a very long shot to expect that he would vote to approve bitcoin spot ETFs," Matrixport said

Securities Exchange Commission Chair Gary Gensler has a skewed view of what constitutes an investment contract, Polymesh's Graeme Moore writes. (SEC, modified by CoinDesk)

Markets

Bitcoin Slumps as $400M Liquidated in Two Hours

Financial services company Matrixport said it expects the SEC to reject all ETFs applications this month.

Bitcoin chart (CoinDesk data)

Finance

Michael Saylor Commences Plan to Sell $216M Worth of MicroStrategy Shares

Saylor said earlier that he would use the proceedings from the sales to address personal obligations and buy more bitcoin to his personal account.

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Markets

Coinbase Buckles 10% as Crypto Stocks Falter Despite Bitcoin Topping $45K

Michael Saylor's MicroStrategy was a rare crypto name moving higher on Tuesday.

Coinbase share price (TradingView)

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Markets

Jim Cramer Capitulates on Bitcoin: 'Technological Marvel … It's Here to Stay'

The Mad Money Host three months ago was highly bearish on the world's largest cryptocurrency.

Jim Cramer

Markets

First Mover Americas: Bitcoin Tops $45K for First Time in 21 Months

The latest price moves in crypto markets in context for Jan. 2, 2024.

cd

Markets

Polymarket Traders See 89% Chance of SEC Approving Spot BTC ETF by Jan. 15

Some investors have bought the "No side shares" of the prediction contract to hedge against potential delays in the SEC's approval of spot ETFs.

FloorDAO traders were looking for a payout – and got it. (Edgar Degas/Metropolitan Museum of Art, modified by CoinDesk)

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Markets

Bitcoin-Related Companies Show Pre-Market Gains as BTC Nears $46K

U.S.-listed companies rode bitcoin's bullish momentum to show significant gains in pre-market trading, including COIN, MSTR, MARA and RIOT.

A user tracks charts on an tablet with a keyboard and larger monitor in the background.

Markets

Bitcoin Bullish Bets Costlier Than Ever as Funding Rates Hit Record 66%

Data tracked by Matrixport show global average perpetual funding rates rose to a record 66% annualized early Monday.

Arbitrage trade opens up on TX (Alexander Grey/Unsplash)

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