Archives of “BITCOIN” category
rss1mth/3mth Macro-Crypto Correlation Matrix
Pimco to gradually invest and trade more in cryptocurrencies
PIMCO’s chief investment officer spoke in a CNBC interview.
- “Now we’re looking at potentially trading certain cryptocurrencies as part of our trend-following strategies or quant-oriented strategies, then doing more work on the fundamental side”
- “So this will be a gradual process where we spent a lot of time on the internal diligence side speaking to investors. And we’ll take baby steps in an area that’s rapidly growing.”
Who is mining #Bitcoin
Bitcoin ETF set to start trading
I expect this will be one of the best ETF debuts ever
Will China’s cryptocurrency ban slow a wider adoption of digital coins?
An overview of China’s crackdown on cryptocurrencies
Cryptocurrencies in China have been under constant threat, but they have never been considered illegal. This scenario could change. In late September, Chinese regulators stated that mining cryptocurrency and crypto trading or crypto use as legal tender is forbidden. The statement came from the Chinese central bank, the People’s Bank of China, citing the need to regulate and maintain national security. China has tried to curb the use of digital coins for more than eight years. The Chinese government is transparent in saying that cryptocurrencies are not legitimate coins, and their existence is a risk to the Chinese financial sector. Before this announcement, the crackdown on cryptocurrencies by the Chinese government had been piecemeal. This statement was the first that laid down the gauntlet. The question for investors is whether the Chinese ban on cryptocurrencies will slow the broader adoption of cryptocurrencies.
What Has Changed from Prior Crackdowns? (more…)
Hindsight bias.
SEC said to not oppose Bitcoin futures ETF
The headline getting play: Bitcoin Futures ETF Said Not to Face SEC Opposition at Deadline
Bitcoin passed the test, now it passes $57,000
A lesson in what happens when something can’t go down
SEC head Gensler says the US won’t ban cryptocurrencies
An ICYMI from a little earlier, Bloomberg with the article on remarks from Securities and Exchange Commission Chair Gary Gensler
- says the US won’t follow China’s lead in banning digital tokens
- US government’s focus is on ensuring that the industry adheres to investor and consumer protection rules, anti-money laundering regulations and tax laws