The Wall Street Journal reported the raid on Sept. 28, although neither Nvidia nor the French enforcement agencies have officially commented on what happened. Continue Reading on Coin Telegraph More
“We concluded that layoffs are the only way and that doing them now and on this scale will stabilize our finances,” wrote CEO Tim Sweeney in a Sept. 29 memo sent to Epic Games staff.Continue Reading on Coin Telegraph More
In a statement released on Friday, Sept. 29, Paradigm stated the SEC is attempting to use the allegations in its complaint to alter the law without adhering to the established rulemaking process. Paradigm firmly believes that the SEC is exceeding its regulatory boundaries and further stated that it strongly opposes this tactic.Continue Reading on Coin Telegraph More
U.S. Treasurys have lost a staggering $1.5 trillion in value, primarily due to these rate hikes. This has led investors to question whether Bitcoin (BTC) and risk-on assets, including the stock market, will succumb to heightened interest rates and a monetary policy aimed at cooling economic growth. Continue Reading on Coin Telegraph More
In a Sept. 29 filing with the SEC, Valkyrie said it would not make certain purchases “until the effectiveness of an amendment” reflecting ETH futures contracts as the ETF’s principal investment strategy. The firm told Cointelegraph on Sept. 28 that it planned to allow investors exposure to Ether and Bitcoin (BTC) under a combined Bitcoin and Ether Strategy ETF, with purchases planned ahead of a launch the first week of October.Continue Reading on Coin Telegraph More
A U.S. government shutdown, which occurs when Congress fails to pass legislation for funding for the next fiscal year, would effectively stop all federal agencies and departments from doing anything considered “nonessential.” Even if the shutdown were to only last a matter of hours — one in February 2018 lasted less than a day — crypto bills may take a backseat to other policies among lawmakers once activities resume.Continue Reading on Coin Telegraph More
As evidence for the Pond0X’s trading volume, the official channel cited a Dune dashboard created by user Mogie, which shows over $111 million in all-time trading volume as of Sept. 29.Continue Reading on Coin Telegraph More
Balchunas speculates that the United States Securities and Exchange Commission (SEC) might have influenced their decision to halt these purchases.According to reports on Sep. 28, the Valkyrie Bitcoin Strategy exchange-traded fund (ETF) was reported to be adding exposure to Ethereum futures contracts, becoming the first American ETF to offer holders exposure to Ethereum and Bitcoin futures in one package. Valkyrie was also the first company to receive approval for an Ethereum futures ETF, updating its prospectus and risk disclosures related to Ethereum.A senior ETF analyst has reported that there is competition in this space.However, Valkyrie announced that it would not make any more purchases until next Tuesday, instead selling the futures they bought to “jump the line a bit.”Bloomberg Intelligence analyst James Seyffart has also provided updates on the Ethereum futures ETF. Bitwise filed for a pure Ethereum ETF under AETH with a fee of 0.85% and an expected launch date of Monday.ETF Overview | Source: James Seyffart Post on XThe SEC delayed the WisdomTreeFunds spot Bitcoin ETF ruling, leaving only VanEck and Fidelity awaiting approval.ProShares ETF has also announced that they will file an updated prospectus for their equal-weight Bitcoin and Ethereum ETF, set to launch next week.Seyffart reports that the expense ratio is set for 0.95% under ticker BETE.Balchunas notes that six ETFs are currently competing for launch early next week.This article was originally published on Crypto.news More
