Archive: CFTC

Crypto Market Musings Bitcoin broke through the $28,000 barrier (and for one brief moment topped $29,000) on Wednesday after spending about a week trading in the $27,000 range. It’s currently trading at $28,460.27. Most cryptos rallied behind bitcoin’s big Wednesday surge (more than 5%). Ethereum jumped almost 4%. And Polygon was up almost 6%. Ethereum is currently trading around $1,831.30. Polygon is currently trading around $1.11. Two factors appear to be driving the market:…

New Crypto Legislation to Be Optimistic About

By Vin Narayanan on June 10, 2022

Market Musings Bitcoin has been trading in a narrow range between $29,311 and $31,630 over the last seven days. Ethereum has been trading between $1,911 and $1,731. The trading range for both coins over the last 30 days has been a little wider, with bitcoin trading between $32,000…
Premium

Crypto Insider: Regulators Push for Crypto Rules

By Early Investing on September 30, 2021

Legislators have caught crypto fever once again. In August, we covered Congress’ $1 trillion infrastructure bill, which includes overly broad language that forces most anyone who touches a crypto transaction to report it to the IRS. That requirement isn’t feasible for…
In the news this week: Pennsylvania introduces a comprehensive marijuana legalization bill, the former CFTC chair calls for a digital dollar and Canva’s valuation gets a boost.
This week, the Early Investing team tells readers how to avoid common startup investing mistakes and why the government doesn’t really “get” crypto.
Premium

Bakkt Heads to New York to Appease the CFTC

By Andy Gordon on April 19, 2019

Editor’s Note: Adam Sharp is away on vacation this week (though he’ll undoubtedly still check CoinMarketCap every day). So Andy Gordon is filling in. Dear Member, When Bakkt gets its government approval, it will mark a turning point for the crypto community. And, yes – I said when, not if.
Premium

Crypto Monitor: Altcoins Ramp Up, Bakkt Faces Delays

By Early Investing on March 29, 2019

This week, altcoins are getting a boost, Bakkt is getting delayed and CNBC is getting it wrong.
In the first Mailbag of 2019, the Early Investing team tackles CFTC delays and fears over bitcoin copies.

News Fix: Ethereum and Sonic Heat Up

By Vin Narayanan on June 16, 2018

In this week’s News Fix, we look at how the SEC gave Ethereum a boost, startups making checking accounts cool again and the Sonic the Hedgehog toaster.
Premium
  One of the biggest things preventing institutional investors from entering the crypto market is regulations. They’re itching to get in, though. This week, we found out the parent company of the New York Stock Exchange is planning on building a bitcoin trading platform for big investors. Goldman Sachs…

Clarity on Crypto’s Biggest Threat: Government

By Adam Sharp on February 16, 2018

The prospect of widespread bans has been a looming threat hanging over the crypto world. For now, that threat has passed.