What does it mean to be bullish or bearish in crypto?

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When talking about markets, both mainstream and crypto, “bullish” and “bearish” often come up in headlines and conversation, although such usage typically depends on financial knowledge and experience. What do the two terms mean?Bullish and bearish refer to market...

New York businesses ask governor to deny permits for crypto mining

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The New York State Governor Kathy Hochul has been asked by a group of local businesses to deny permits for converting the city’s old fossil-fuel power plants into crypto mining centers. The request comes in the form of a...

Former CFTC chair explains why regulators should approve a Bitcoin ETF

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Timothy Massad, who served as Chair of the United States Commodity Futures Trading Commission between 2014 and 2017, has laid out the reasons why he thinks regulators should approve a Bitcoin exchange-traded fund. In an opinion piece published on Bloomberg...

Bitcoin bounces again after briefly losing $40K support — Watch these BTC price levels

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Bitcoin (BTC) bounced from a second $40,000 retest on Sept. 22 as China calmed global market fears over Evergrande.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewChina keeps up Evergrande cash injectionsData from Cointelegraph Markets Pro and TradingView saw BTC/USD trading...

Bitcoin Strategy ProFund aims to tackle regulatory barriers for investors

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The United States-based investment management firm ProFunds announced the launch of Bitcoin Strategy ProFund (BTCFX), one of the first publicly available mutual funds or ETFs that performs in parallel with Bitcoin (BTC). ProFunds provides an alternative to the traditional...

Tesla made $1B profit on its Bitcoin buy, says analyst

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American electric car giant Tesla has seen some massive gains from its Bitcoin (BTC) investment, reportedly having made up to $1 billion in profit, according to a new report.An analyst at Wedbush Securities, a private investment firm in the...

SEC brought 56 cases against crypto-related firms during Jay Clayton’s tenure

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The United States Securities and Exchange Commission has brought 56 enforcement actions against initial coin offerings, blockchain and digital asset-related companies since July 2017.On Nov. 16, the SEC released a report on the commission's selected accomplishments during chairman Jay...

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