• University of Texas Tower (via Wiki commons).
    Opinion,  Tether

    Tether/Bitfinex study gets updated while Crypto Twitter gets angry

    The report that claimed Bitcoin prices were manipulated via Tether now says a single “whale” was behind the trades; those with skin in the game react negatively

    The lead academic in that (in)famous study postulating that Bitcoin prices were manipulated by Tether updated it with this added doozey: a single “whale” was behind most of it, trading large amounts of bitcoin against tether on Bitfinex, Tether’s sister company.

  • SEC Chairman Jay Clayton discussing Bitcoin at CNBC's Delivering Alpha conference, September 19, 2019 (via YouTube.com / CNBC)
    Bitcoin,  United States

    SEC’s Jay Clayton casts more doubt on Bitcoin ETF

    Speaking at the Discovering Alpha conference in New York, the commission’s chairman said people who think an unmanipulated bitcoin price can be found are ‘sorely mistaken’

    Securities and Exchange Commission Chairman Jay Clayton again threw cold water on the idea of listing Bitcoin on an exchange traded fund (ETF) anytime soon.

  • "It's okay, little man. You'll see a Bitcoin ETF when you're a big boy... maybe." (via Pixabay).
    Cryptocurrencies

    Cboe pulls Bitcoin index fund application—again

    The BZX Exchange had asked the Securities and Exchange Commission to approve an ETF tracking the price of Bitcoin

    Securities and Exchange Commission Chairman Jay Clayton may feel that his agency is getting closer to approving an index fund tracking cryptocurrencies, but it’s apparently not close enough for the Chicago Board Options Exchange, which just withdrew its application to create a Bitcoin EFT.

  • Securities and Exchange Commission chairman Jay Clayton
    Bitcoin,  United States

    SEC Chair Jay Clayton says Bitcoin ETFs are making progress

    The way Clayton described his agency’s concerns during a CNBC interview may be more telling than what he said

    Securities and Exchange Commission Chairman Jay Clayton said that agency is closer to approving a cryptocurrency ETF that would let retail investors invest in bitcoin through mainstream brokerage accounts.