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BlackRock files for bitcoin ETF in push into crypto

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작성자Cooper 작성일 23-08-07 조회수 7회

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Simsek said this week that the guiding principles for the economy would be transparency, consistency, accountability and predictability. Erdogan last week put well-regarded former finance minister Mehmet Simsek back in the post.

Plans for BlackRock's ETF were reported by CoinDesk earlier in the day. (Reporting by Manya Saini and Niket Nishant in Bengaluru; Ankur Banerjee and Rae Wee in Singapore; Editing by Devika Syamnath and Pooja Desai)



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SYDNEY, June 8 (Reuters) - Commonwealth Bank of Australia (CBA) said on Thursday it would block some payments to certain cryptocurrency exchanges as part of a suite of new anti-scam measures that would limit customer crypto payments.

However, he noted that the SEC 'has not previously taken on such major crypto players', adding that if the regulator is successful 'the cryptocurrency industry will be transformed'.





July 14 (Reuters) - Cryptocurrency exchange Binance has cut jobs just days after it was hit by a wave of executive exits, a source familiar with the matter told Reuters on Friday.





In a civil complaint on Tuesday, the SEC accused Coinbase of operating its crypto trading platform as an unregistered national securities exchange, broker, and clearing agency.

Cryptocurrency prices had been under pressure through most of this year a series of crypto company meltdowns, including the sudden collapse of exchange FTX in late 2022, soured investor sentiment.

About 48% of respondents in a survey this year of 549 international professional investors by TrackInsight, J.P.

Morgan Asset Management and State Street said they would consider investing in single-cryptocurrency exchange-traded products, versus 37% who were interested in investing directly.

Curve Finance was the victim of a hack, the company posted on messaging platform X, formerly known as Twitter, on Sunday.

Losses are estimated to be over $40 million, according to media reports.

"It started with BlackRock's Bitcoin ETF filing and now others are following," said Edward Moya, a senior market analyst at OANDA. "Who needs regulatory clarity if you see BlackRock making a move?"



The Wall Street Journal reported on Tuesday that EDX Markets, a crypto exchange backed by Citadel Securities, Fidelity and Schwab had started operations. BlackRock, the world's biggest asset manager, filed last week for the exchange which would allow investors to get stakes in the asset class.


Bitcoin Trading
Trading simply means, to buy something at a low price and sell at high in the market.

Bitcoin trading is also the same to buy the Bitcoin at low and sell at a high price, as we talk about the cost of Bitcoin, There is no single price of Bitcoin in the global market.

Elsewhere, the Turkish lira hit a new record low overnight of 23.54 per dollar, even as President Tayyip Erdogan's appointment of a U.S.
banker as central bank chief sent a strong signal for a return to more orthodox policy.

(Reporting by Manya Saini in Bengaluru; Editing by Devika Syamnath)

Earlier this month, the regulator sued major exchanges Coinbase and Binance in high-profile lawsuits that reverberated through the digital assets industry.

Recently an unknown buyer paid $450,000 to purchase a plot of virtual land beside the digital residence of the famous rapper Snoop Dog in the Sandbox Metaverse.
$SAND is one of those cryptocurrencies one should watch out for. With Facebook rebranded as Meta, we all know that Metaverse is the next iteration of the internet where individuals can play, earn, socialize and interact.

The news helped bitcoin bounce out of the doldrums and snap two consecutive weeks of losses. BlackRock filed for a prospective spot bitcoin ETF on June 15, undeterred by the Securities and Exchange Commission's (SEC) past record of rejecting every such application.

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