JP Morgan analyst criticizes lack of information on Coinbase’s ETF business | CoinDesk JAPAN
It’s true that the launch of 10 physical Bitcoin ETFs (exchange traded funds) contributed to Coinbase’s better-than-expected fourth-quarter results, but JPMorgan analyst Kenneth Worthington ) is skeptical that the benefits will be as strong as Coinbase hopes. There are also…
The impact of Bitcoin ETFs on your portfolio: Is it a game changer for the industry? | CoinDesk JAPAN
On January 11th, the US Securities and Exchange Commission (SEC) approved the start of trading of 11 Bitcoin ETFs. With the approval of the first Bitcoin ETF in the United States, investors around the world are closely watching the potential…
Weekly Cryptocurrency News (+Asia Special) | High interest in Grayscale Bitcoin halving analysis and US presidential election
This week’s news We bring you a summary of the most popular crypto asset (virtual currency) news over the past week (2/10 to 2/16). This week, articles on Bitcoin (BTC) halving analysis by U.S. virtual currency management company Grayscale, the…
Bitcoin vs. Yen hits new high; even in the options market, there is limited room for a downside price | Contributed by a bitbank analyst
Virtual currency market prices this week from February 10th (Sat) to February 16th (Fri) Mr. Hasegawa, an analyst at Bitbank, a major domestic exchange, illustrates this week’s Bitcoin chart and deciphers the future outlook. table of contents Bitcoin on-chain data…
Bitcoin’s Bright Future: Hedge Fund Veteran Mark Yusko Foresees $150,000 Peak
Mark Yusko, the CEO and founder of Morgan Creek Capital, has predicted that Bitcoin (CRYPTO: BTC) could reach a staggering $150,000 by the middle of next year. During an interview with crypto influencer Scott Melker last week, Yusko spoke about…
Is Bitcoin’s stall at $52,000 a sign of a pullback? Swiss Block | CoinDesk JAPAN
Bitcoin’s stall at the $52,000 resistance line could mean a 33% rally in a few weeks is “unsustainable†and a pullback is imminent. Swissbloc pointed out that there is. The uptrend could still continue, and 10x Research has set a…
Honduras regulator bans institutions from trading crypto
Honduras’ banking regulator the National Banking and Securities Commission, or CNBS, has announced an immediate ban that prohibits institutions from trading crypto. The banking regulator reached the resolution on Monday and cites fraud and money laundering among reasons for the…
US regulators can control Tether (USDT): JP Morgan | CoinDesk JAPAN
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has some control and influence over stablecoin issuers’ offshore usage. Tether’s association with crypto mixer Tornado Cash is one such example. International cooperation may hinder the use of USDT. The…
Mercari aims to become “the most used place in the world†for Bitcoin payments: Mr. Nakamura of Melcoin | CoinDesk JAPAN
On the 15th, Mercari launched a service that allows users to purchase products using Bitcoin (BTC). Mercari users who hold Bitcoin can complete the payment by simply selecting the product they want and selecting “Use Bitcoin” on the purchase screen….
VanEck to pay fine of over 200 million yen for not disclosing use of influencers to promote ETFs
Van Eck fined for ETF “BUZZ†On the 16th, the U.S. Securities and Exchange Commission (SEC) fined VanEck, an asset management company, approximately 260 million yen ($1.75 million) for failing to disclose the role of influencers when launching a new…