A legacy US firm just filed for a Bitcoin ETF with the SEC…againBTC $28,710 (+1.5%) • ETH $733 (-0.1%) • XRP $0.21 (-3.6%)
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Regulators have long shunned Bitcoin ETFs in the US, but that’s not stopping firms from trying their luck repeatedly. VanEck, a New York-based investment management firm founded in 1955, has filed for a Bitcoin exchange-traded fund with the US Securities and Exchange Commission, as per a filing released Wednesday. The ETF would trade on the Cboe BZX Exchange, similar to previously proposed Bitcoin ETFs by VanEck. Ad 📈 Earn 8% APY on Bitcoin & 9 more crypto assets and 12% on Fiat & Stablecoins. Compounding interest, paid out daily. Trending … 🚜 DeFi Tokens • 🔮 Oracle Tokens • 📈 Biggest Gainers • 💵 Stablecoins More news ⏬Paxful’s Ray Youssef on the Bitcoin hustle and why Africa leads crypto adoption
Ray Youssef is a man on a mission. And he isn’t chasing token scams, pump and dumps, or the next hot DeFi project. Instead, he’s at the helm of one of the world’s biggest and oldest crypto exchange platforms, Paxful. The firm has been around since 2015 and allows users to buy and sell Bitcoin instantly in over 300 ways via its leading peer to peer marketplace. Polkadot surges 67% in the past week—what’s behind DOT’s rally?Polkadot (DOT) has increased by over 67% in the past week as the best-performing top 100 cryptocurrency in the last seven days. Popstar Akon: Crypto solves Africa’s 350 million unbanked peopleCrypto adoption has boomed in Africa in the past few years, attracting eyeballs and investments, and even celebrities joining in on the cause. This Ethereum DeFi protocol gained $1 billion in deposits in the 12 hours after its launchIt appears that the “ape” mentality that captured Ethereum investors in the summer has returned. Binance US becomes the 14th crypto exchange to announce the suspension of XRP tradingOn Wednesday, December 30, Binance US became the latest cryptocurrency exchange to announce that United States customers will not be able to buy or sell XRP effective January 13th, 2021. Top Bitcoin and crypto investors explain their predictions for 2021It’s been quite a turbulent year for the crypto market. Bitcoin goes mainstream: Miami mayor considers buying BTC for city treasuryMiami Mayor Francis Suarez publicly said he is considering purchasing Bitcoin for the city’s treasury. Cardano founder says XRP “not a security,” but there’s a catchThe CEO of IOHK said XRP remains clean—as of today in its current form—from the SEC despite troubles mounting for Ripple, its issuing company. Control your wealthAd: A trusted and accessible wealth management ecosystem powered by blockchain technology, SwissBorg puts your wealth back in your hands. 🗞 Got a story tip? Email tips@cryptoslate.com Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to the content within this article.
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A legacy US firm just filed for a Bitcoin ETF with the SEC…again