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Jun 17, 2024 | 
theblock.co | Lawrence Lewitinn |MQS Capital. Lewitinn
Quick TakeCoinbase International launched pre-launch markets Monday, letting traders take positions on tokens before they are live on a spot exchange. The market is available only to eligible institutional users via Coinbase International and retail traders via Coinbase Advanced, outside the U.S., Canada, and the UK. Coinbase is now letting some institutional and retail traders take bets on cryptocurrencies that have yet to launch.
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May 30, 2024 | 
theblock.co | Lawrence Lewitinn |MQS Capital. Lewitinn
Quick TakeAnalysts from JPMorgan predict that spot ether ETFs will see significantly less demand compared to spot bitcoin ETFs.The initial market reaction to the launch of spot Ethereum ETFs is expected to be negative, with potential outflows from the Grayscale Ethereum Trust as speculative investors take profits.
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Apr 9, 2024 | 
theblock.co | Lawrence Lewitinn |MQS Capital. Lewitinn
American regulators are again delaying a decision by 45 days on whether to allow options on spot bitcoin ETFs. The Securities and Exchange Commission published a notice Monday saying that it "designates May 29, 2024 as the date by which the Commission shall either approve or disapprove, or institute proceedings to determine whether to disapprove," allowing the New York Stock Exchange to start listing options on spot bitcoin ETFs. Two spot bitcoin ETFs named specifically were Bitwise Bitcoin...
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Mar 27, 2024 | 
theblock.co | Lawrence Lewitinn |MQS Capital. Lewitinn
Quick TakeLarry Fink, BlackRock’s CEO, expressed being “pleasantly surprised” by the strong retail interest in their spot bitcoin ETF, highlighting a bullish outlook on bitcoin’s future.
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Mar 25, 2024 | 
theblock.co | Lawrence Lewitinn |MQS Capital. Lewitinn
Two weeks after announcing it was accepting applications for bitcoin and ether crypto exchange-traded notes, the London Stock Exchange has announced May 28 for trading to begin.
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Mar 20, 2024 | 
theblock.co | Lawrence Lewitinn |MQS Capital. Lewitinn
Quick TakeCoinbase Derivatives to kick off futures trading for dogecoin, litecoin, and bitcoin cash on April 1. The exchange is using self-certification with CFTC for quick listing, ensuring regulatory compliance. The three are derived from bitcoin, which is considered a commodity by the SEC and thus why they may have been chosen. Dogecoin DOGE +11.74% might have begun as a joke, but this April Fool's Day, it's getting serious attention.
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Mar 18, 2024 | 
theblock.co | Lawrence Lewitinn |MQS Capital. Lewitinn
Quick TakeFinancial giant Fidelity has amended its spot ether ETF application to include provisions for staking the cryptocurrency. “The Sponsor may, from time to time, stake a portion of the Fund’s assets through one or more trusted staking providers,” the company wrote in an amendment to its ETF application on Monday.
Financial giant Fidelity has amended its spot ether ETF application to include provisions for staking the cryptocurrency.
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Mar 18, 2024 | 
theblock.co | Lawrence Lewitinn |MQS Capital. Lewitinn
Quick TakeAndy Main has been named as the new CEO of Bakkt. Gavin Michael will be stepping down on March 26 but will continue in an advisory role. A week ago, the company was warned the NYSE could delist it. Bakkt, the once-promising darling of traditional finance entering the crypto world, has yet again a new CEO. Board member Andy Main, who was briefly CEO of the advertising agency Ogilvy and held senior positions at Deloitte Digital, will helm Bakkt starting March 26.
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Mar 13, 2024 | 
theblock.co | Lawrence Lewitinn |MQS Capital. Lewitinn
Bakkt, the cryptocurrency platform founded and two-thirds owned by the Intercontinental Exchange (ICE), is being threatened with being delisted from the New York Stock Exchange, which ICE also owns.
