Grayscale sues SEC after rejection Bitcoin ETF

Jun 30, 2022

Only an hour after the US financial watchdog SEC rejected Grayscale's application for a Bitcoin ETF, the company announced that it will file a lawsuit. For ages, multiple parties have in vain been requesting a spot Bitcoin ETF. The rejection of the request didn't do the Bitcoin price a lot of good.

Smooth sailing? Saylor buys the dip

Jun 29, 2022

Until recently, there were over 129,200 Bitcoin in MicroStrategy's coffers. As of today, they have 480 more. It's a testament to the faith of CEO Michael Saylor, who doesn't flinch during these difficult market conditions.

Gensler: Bitcoin is a commodity

Jun 28, 2022

Gary Gensler, head of the US financial watchdog SEC, has stated that Bitcoin is a commodity. In doing so, he reaffirmed the position that it is not a security and therefore should not expect strict regulation.

China FUD: Why Bitcoin is most likely not going to zero

Jun 27, 2022

The South China Morning Post featured an article citing Chinese state media that Bitcoin is going to zero. Since the market is in full bear mode this kind of pitch seems to be appealing and also frightening to investors. When the market is tanking it seems more plausible that we are going to see new lows and when it’s pumping most investors are anticipating new highs. This raises a few questions: Why would anybody think that Bitcoin could go to zero and why is this outcome not very probable?


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