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Huobi discourages wash trading, plans to update its policies

Huobi Global claims the company does not take part in wash trading, CoinDesk writes. The company has reviewed its systems in response to Bitwise’s report regarding wash trading performed by cryptocurrency exchanges. According to spokesperson speaking for Huobi Global CEO Livio Weng, Huobi “is not…

Bitcoin Market Efficient But Small, BTC Bulls Aiming At $10,000

Bitcoin adds 10.7 percent in 24 hours Bitwise says Bitcoin spot and arbitrage markets more efficient For the first time this year, Bitcoin is trading above $8,500 as bulls take charge. In line with prevailing sentiment and candlestick arrangement, it is likely that BTC will…

Bitcoin An ‘Extremely Orderly Market’ – Bitwise Urges SEC to Approve ETF

According to new research from Bitwise, the public (and SEC) perceptions are wrong, and the real Bitcoin market is a poster-boy of order and efficiency. Bitwise Asset Management certainly doesn’t sit around feeling sorry for itself when the SEC delays ruling on its Bitcoin-ETF… again. Just…

Bitwise Crypto Index Committee Bans Bitfinex as a Price Source

Following the case against Tether and Bitfinex by the New York Attorney General, The Bitwise Crypto Index Committee after a meeting held on 25 April, 2019 has decided to ban Bitfinex from contributing price indices as a price source. This is to take effect immediately. Rule…

Bitcoin ETF Approval Rumors Fly as ETF Conference Welcomes ‘Crypto Mom’

A major speech from pro-Bitcoin SEC commissioner, Hester Peirce, coincides with the deadline for the ruling on the VanEck Bitcoin-ETF. This has led to speculation that the scheduling is deliberate enabling Peirce to deliver a positive announcement of SEC’s approval. Bitcoin ETF: If The Stars Align…

SEC Commissioner Says Time Is Right for Bitcoin ETFs — 3 Funds Pending

The U.S. Securities and Exchange Commission (SEC) is currently reviewing three bitcoin exchange-traded funds (ETFs), one of which was filed last week to track the prices of two cryptocurrencies. An SEC commissioner said at the Consensus conference on Monday that the time is right for…

Bitwise Bitcoin ETF Decision set for May, BTC Prices Up 2.3 Percent

Bitcoin prices stable but bullish Bitwise Bitcoin ETF application decision date put off to mid-May It will be until mid-May when the US SEC decides on Bitwise Bitcoin ETF. Like the SolidX and VanEck application, this ETF is backed by Bitcoins secured by a third…