Tagged: arca

Leverage Moving the Needle on Bitcoin, Not New Money, Traders Say

Several professional cryptocurrency traders are claiming that leverage and “whales” are behind Bitcoin’s recent massive price fluctuations and not coveted “new money.” According to Jeff Dorman, chief investment officer at ArcaFunds: “The Bitcoin price ascent from $4k-$10k was based on a confluence of real factors (depreciating… Read More

SEC Delays Decision on Bitwise Bitcoin ETF Proposal, Seeks Comments From Interested Parties

The US Securities and Exchange Commission (SEC) has granted itself more time to consider a request for a rule change that would allow Bitwise Asset Management to list a Bitcoin ETF product. Bitwise is a subsidiary of ICE, owners of the New York Stock exchange… Read More

Are IEOs (Initial Exchange Offerings) Any Better than ICOs?

“Vetted” retail investors are lining up to buy a revamped version of ICOs (initial coin offerings) called IEOs (initial exchange offerings), digital tokens “curated” by trading platforms, Bloomberg reports. After a slew of bad press and bad results over the past few years, ICOs have… Read More

Arca: We Believe that Crypto and Blockchain as an Asset Class is Most Suitable for Institutional Investors

As the heady days of initial coin offerings continue to dim, proponents of digital securities are moving to leverage blockchain to issue digital assets in a regulated and compliant manner. In the US, if you issue a tokenized offering it is pretty much a security… Read More

Following Settlement with the SEC, Paragon Claims it is “Making History” Calls SEC Enforcement Action a Positive Agreement

Cannabis focused blockchain startup Paragon (Paragon Coin) has issued a press release following the Securities and Exchange Commission’s (SEC) announcement last week that Paragon had settled with the SEC regarding charges of issuing an unregistered security. Paragon was one of two ICOs that were deemed… Read More

Surprise! SEC Stays Rejection of Bitcoin ETFs Pending Review

An SEC decision to disapprove the listing of several Bitcoin exchange-traded funds (ETFs) on the New York Stock Exchange(NYSE) has been stayed pending review. Commissioner Hester Pierce announced the stay yesterday on Twitter. The SEC had ruled the day before to deny a rule change… Read More

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