For years officialdom wanted nothing to do with the crypto space. Whatever bitcoiners said about changing the world, policymakers largely ignored it. Even during the 2017 initial coin offering (ICO) boom, which involved plenty of money and plenty of fraud, regulators were arguably slow to react, issuing market guidance only months after the fact. Crypto […]

The amount of money locked in the bitcoin futures contracts on the global derivatives giant Chicago Mercantile Exchange (CME) surged to record highs on Friday as the U.S. Securities and Exchange Commission (SEC) greenlighted futures-based exchange-traded funds (ETF) tied to the cryptocurrency. The dollar value of open interest (OI), or the number of futures contracts […]

A bitcoin exchange-traded fund (ETF) lets traders gain exposure to BTC via traditional stock markets, without needing to directly buy or sell the digital asset on a cryptocurrency exchange. A bitcoin ETF is an exchange-traded fund that specifically tracks the price of the leading cryptocurrency and allows traders to purchase or sell the security on […]

Crypto meme lords have ignited a run on tungsten cubes. A two-day-old Twitter joke – “Crypto Traders to Blame for Global Tungsten Shortage” – is trending toward reality – at least if that reality is limited to desk tchotchkes. It’s also forcing the Illinois manufacturer behind tungsten.com to grapple with an unexpected retail buying spree […]