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Bitcoin’s Pullback Tests Institutional Adoption Narrative as Pompliano Stays Bullish

Micah Zimmerman -
Bitcoin’s recent pullback is testing the institutional-adoption thesis, but Anthony Pompliano argues the decline reflects normal capital rotation and Bitcoin’s maturation into a mainstream financial asset.
NEWS

Galaxy Digital CEO Mike Novogratz Predicts Bitcoin To Hit $150,000 

Jenna Montgomery -
Galaxy Digital CEO Mike Novogratz told CNBC this week that he believes Bitcoin could reach $150,000 in the near term—driven by strong market momentum...
BUSINESS

Morgan Stanley to Offer Bitcoin ETFs to Wealth Clients: CNBC

Nik -
Starting Wednesday, Morgan Stanley's financial advisors can solicit eligible clients to purchase shares of BlackRock and Fidelity's spot Bitcoin ETFs.
MARKETS

Spot Bitcoin ETFs Could Trade Live on Thursday or Friday: CNBC

Nik -
Spot Bitcoin ETF approval looks like it will happen on Wednesday, CNBC reported.
MARKETS

SEC Chair Gary Gensler Tells CNBC The Commission Is Taking A “New Look” At Spot Bitcoin ETFs

Nik -
Gensler's statements may have signaled a potential shift in regulatory stance towards spot Bitcoin ETFs.
BUSINESS

China Is Mining Bitcoin Underground: Report

Namcios -
About 20% of the world’s bitcoin miners are estimated to still operate from Chinese soil.
BUSINESS

U.S. Secretary of State Wants to Subject Cryptocurrencies to Existing Regulations

Colin Harper -
U.S. Secretary of State Mike Pompeo wants cryptocurrencies to be regulated under existing rules for electronic transactions.
BUSINESS

Abra CEO Believes Bitcoin ETF Eminent, SEC Just Needs the Right Suitor

Jimmy Aki -
Bill Barhydt, founder of bitcoin wallet app Abra, says he thinks the SEC will approve an ETF within a year, but only if the right caliber of applicants apply.
BUSINESS

SEC Chairman: Cryptocurrencies Like Bitcoin Are Not Securities, but Most ICOs Are

Nick Marinoff -
In an interview with CNBC, Jay Clayton said that while bitcoin remains a commodity, all initial coin offering (ICO) tokens classify as securities.
MARKETS

World’s First Bitcoin Mining IPO Misses Target by AUD $14 Million

Bitcoin Magazine -
This post is by Benjamin RousseyThe first fundraising in the world for an initial public offering of a Bitcoin mining company has raised 5.9...
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