Exploring Cardano: Inner Workings and Advantages of this Cryptocurrency
Seville.- Economy.- Innova.- STSA inaugurates its new painting and sealing hangar in San Pablo, for 18 million
Innova.- More than 300 volunteers join the Andalucía Compromiso Digital network in one month to facilitate access to ICT
Innova.-AMP.- Ayesa acquires 51% of Sadiel, which will create new technological engineering products and expand markets
Enagás earns 65.3 million in the first quarter, 19.5% more, and aims to achieve its annual objectives
The Talía celebrate the Spanish performing arts with some allusion to sexual violence after the Ramón Paso case
IU will go with Sumar to the European elections but freezes for now the organic relationship with Díaz's party
RELEASE: FirstElement Fuel is selected as one of the 40 best GreenTech companies in the United States
How Blockchain in being used to shape the future
Not just BTC and ETH: Here Are Some More Interesting Coins Worth Focusing on
Looking for video games that value the neighborhoods of Valencia
UPV researchers improve the efficiency of air conditioning systems using a geothermal heat pump
València is committed to citiverse and smart tourism to be "the reference technological hub of the Mediterranean"
Valencia displays its "innovative and technological potential" at the Emerge Americas event in Miami
A million people demonstrate in France against Macron's pension reform
Russia launches several missiles against "critical infrastructure" in the city of Zaporizhia
A "procession" remembers the dead of the Calabria shipwreck as bodies continue to wash up on the shore
Prison sentences handed down for three prominent Hong Kong pro-democracy activists
ETH continues to leave trading platforms, Ethereum balance on exchanges lowest in 3 years
Investors invest $450 million in Consensys, Ethereum incubator now valued at $7 billion
Alchemy Integrates Ethereum L2 Product Starknet to Enhance Web3 Scalability at a Price 100x Lower Than L1 Fees
Mining Report: Bitcoin's Electricity Consumption Declines by 25% in Q1 2022
Oil-to-Bitcoin Mining Firm Crusoe Energy Systems Raised $505 Million
Microbt reveals the latest Bitcoin mining rigs -- Machines produce up to 126 TH/s with custom 5nm chip design
Bitcoin's Mining Difficulty Hits a Lifetime High, With More Than 90% of BTC Supply Issued
The Biggest Movers are Near, EOS, and RUNE during Friday's Selloff
Global Markets Spooked by a Hawkish Fed and Covid, Stocks and Crypto Gain After Musk Buys Twitter
Bitso to offset carbon emissions from the Trading Platform's ERC20, ETH, and BTC Transactions
Draftkings Announces 2022 College Hoops NFT Selection for March Madness
The Bitwise Bitcoin ETF gets a second Chance by the US to be American securities and exchange Commission waved through. What has moved the authority to the change of mind, is still unclear. The authority now collects up to 18. December for more opinions on the Causa Bitwise Bitcoin ETF. A final decision is expected until 2020.
By Christopher clover20. November 2019 BTC $ 7,629.93 -5.72% part Facebook Twitter LinkedIn xing mail
at the beginning of October has granted the U.S. securities supervision, the Bitcoin ETF application of the IT company Bitwise and of the stock exchange NYSE Arca, a provisional removal. Now, the Security Exchange Commission (SEC) would like to draw your decision of a re-examination.
That from a corresponding communication from the SEC of 18. November show. This suggests that NYSE Arca is traded on the New York stock exchange, where the Bitwise Bitcoin ETF in the end – already in the run-up to a letter on the Review of the decision was informed.
With this Letter we would like to inform you that, pursuant to article 431 of the rules of procedure of the Commission 17 CFR 201.431, the Commission will review the measure ordered. In Accordance with rule 431(e) is the arrangement of 9. October 2019 to be suspended until the Commission orders otherwise. The office of the Secretary will inform you of all appropriate action by the Commission,
it is stated in the said Letter, the on the 15. Is dated October.
Bitwise Bitcoin ETF: Background of the rejection ofAt 9. October had decided the SEC is still against the approval of the Bitwise Bitcoin ETF. Here, the authority relied on the threat of market manipulation in Bitcoin. Thus, the SEC rejected the arguments of Bitwise. After this the Bitcoin have unique qualities that lift him from other trade goods, and "inherently resistant to manipulation" made.
[view] buy Bitcoin with the Bitwala account. Why have a Bank account with Bitwala? A Bank account is “Made in Germany” with protection of deposits up to 100,000 euros; 24/7 Bitcoin trading with faster liquidity; trading only ‘real’ Bitcoin has no financial derivatives such as CFDs; Secure users of lift-off control of the Bitcoin Wallet and the private key; With the contactless Debit Mastercard worldwide, and pay.Now open a free live account
After that, Bitcoin mainly because of its fungibility, its portability, and its "exchange-like trading capability is" a special type of Asset. The Concerns of the SEC that the Bitcoin market is still susceptible to Manipulation, was not able to dispel Bitwise.
[...] the Commission comes to the conclusion that the concessions made by the sponsor, [Bitwise] that 95 percent of the reported Bitcoin-trading "fake" or non-economic (including Wash Trading, or simply fabricated trade), [...] not lead to the realization that the properties of Bitcoin make it tamper-proof.
This would reaffirm a look to past cases of market manipulation on a Grand scale.
Also the asseveration that Bitwise to the price determination process for the Bitcoin ETF will use a market segment that "in contrast to 95 percent of the Bitcoin Spot market" completely free of Wash Trading and the like was, not was able to convince the SEC:
The Sponsor claims that 95 percent of the Bitcoin Spot market from counterfeit and non-economic activities [133], has not been demonstrated but, the "real" Bitcoin market of this Scam is isolated and manipulative activity,
it is said in the explanatory Memorandum to the rejection of the Bitwise ETF. The rejection of the application is also up to the Revision is valid.
SEC brings further FeedbackWhat moved the SEC to your change of mind, is, however, unclear. A statement of the reasons for their decision to take the Bitcoin ETF of Bitwise again to the chest, does not provide the authority in its communication. It is presumed that the SEC Commissioner Hester M. Peirce employs a outspoken Bitcoin supporter. A fact that has earned it on the part of the crypto Community the nickname of "Crypto Mom". Up to the age of 18. December can submit people and institutions in their arguments for or against the Bitwise Bitcoin ETF. For revisions of the SEC-arrangements, there is no Deadline, and a final judgment of the authority is not to be expected for the current year is therefore good.
