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Crypto Flipsider News – September 10th – Bitcoin ETF, Recurring Buys, Bitwise, Osprey Fund Solana, Indian and Australian Regulations

Read in the Digest; The SEC Sets November Deadline for VanEck Bitcoin ETF Decision MasterCard Buys CypherTrace, Robinhood (NASDAQ:HOOD) Adds Recurring Crypto Buy...
Crypto Flipsider News – September 10th – Bitcoin ETF, Recurring Buys, Bitwise, Osprey Fund Solana, Indian and Australian Regulations Crypto Flipsider News – September 10th – Bitcoin ETF, Recurring Buys, Bitwise, Osprey Fund Solana, Indian and Australian Regulations

Read in the Digest;

  • The SEC Sets November Deadline for VanEck Bitcoin ETF Decision
  • MasterCard Buys CypherTrace, Robinhood (NASDAQ:HOOD) Adds Recurring Crypto Buy Feature
  • Bitwise Introduces the World’s First “Ex Bitcoin” Crypto Index Fund
  • Osprey Funds Launches Solana Trust Product
  • The Crypto Situation in India and Australia

The SEC Sets November Deadline for VanEck Bitcoin ETF Decision

The Securities and Exchange Commission (SEC) has postponed considering VanEck’s Bitcoin Exchange-Traded Fund (ETF) application for a final time. On Wednesday, the regulators announced that it needs an additional 60 days to review the proposed rule change.

Cboe BZX Exchange filed the VanEck Bitcoin ETF on March 1 2021, but the SEC has continually postponed its decision on the fund.

Following its postponement, hopefuls will need to wait until November 14, 2021 before they can get the verdict of the SEC. This is because the SEC can only extend its consideration period for prospective ETFs three times.

Flipsider:

  • In contrast to the earlier hopes of the crypto community that the SEC chairman, Gary Gensler, will bring crypto-favourable rules, the SEC has gone after major crypto projects and firms in the country

Why You Should Care

While ETFs have hit a roadblock in the United States, Canada has approved several Bitcoin and Ether-based ETFs, leading some to believe that the SEC could approve a Bitcoin ETF anytime soon.

MasterCard Buys CypherTrace, Robinhood Adds Recurring Crypto Buy Feature

As crypto adoption increases, payment platforms have embarked on the race to full crypto adoption. One of the world’s leading payment platforms, Mastercard (NYSE:MA), has acquired CipherTree, a cryptocurrency analytics firm to leverage its technology in its move into the crypto space.

The acquisition of CipherTree is part of Mastercard’s strategy to enter the crypto space. The payment agents have also partnered with Uphold, Gemini and BitPay to create crypto cards. According to Ajay Bhalla, the president of cyber and intelligence at Mastercard, “digital assets have the potential to reimagine commerce.”

On Wednesday, Robinhood, the crypto and investment platform, launched a recurring crypto investments feature on its platform. Now, customers can purchase crypto as little as $1 commission-free daily, weekly, biweekly, or monthly.

Flipsider:

  • Regardless of its growing platform and crypto services, Robinhood’s stock HOOD has not been faring well
  • Last month it traded for $56.83 per share on August 9. However, it is down by 29.52% and trading for $41.28 per share on September 9.

Why You Should Care

There has been a steady increase in the utilization of cryptocurrencies. This affirms the belief that blockchain and cryptocurrencies are the future of finance.

Bitwise Introduces the World’s First “Ex Bitcoin” Crypto Index Fund

As the pioneer crypto, Bitcoin has largely dominated the market, contributing the largest portion of the global crypto market cap. The world’s largest crypto index fund manager, Bitwise Asset Management, today announced the launch of the Bitwise 10 ex Bitcoin Crypto Index Fund.

The Ex Bitcoin Crypto Index Fund offers an easy and efficient way to assess the largest investable crypto assets in the world, excluding Bitcoin. In addition, it offers an easy and convenient way to access traditional investment vehicles.

Matt Hougan, Chief Investment Officer of Bitwise Asset Management, said that the launch is being driven by customer demand. As a result of its market cap, Ethereum tops the Ex-Bitcoin fund. Other assets on the list are; Cardano, Solana, Bitcoin Cash, Chainlink, Litecoin, Uniswap, Polygon, and Stellar.

Flipsider:

  • Regardless of the increasing interest from investors in other cryptocurrencies, Bitcoin still remains the most utilized and adopted crypto

Why You Should Care

The Bitwise Ex Bitcoin Fund offers investors a means of allocating to other exciting parts of the crypto industry that Bitcoin does not cover, including decentralized finance apps, NFT marketplaces, and Layer 1 protocols.

Osprey Funds Launches Solana Trust Product

Solana broke into the news recently for setting new highs when the crypto market experienced a massive crash. Once again, Solana is in the news; this time, a new trust product has been launched to offer exposure to SOL, the native token used on the Solana blockchain.

The Solana Trust product was launched by Osprey, a foremost crypto asset manager. The asset management firm also offers the Osprey Bitcoin Trust (OBTC), the Osprey Polkadot Trust and the Osprey Algorand Trust.

Greg King, CEO of Osprey Funds, stated that “the pedigree of the science and potential of the technology behind Solana is unique among current blockchains.” Accredited investors can access the Osprey Solana Trust for a minimum subscription of $10,000.

Flipsider:

  • After experiencing one of the biggest pumps amidst a bearish market, the price of SOL has begun to correct
  • Over the last 24 hours, SOL has lost more than 15% of its value, dropping from as high as $212.89 to $182.425

Why You Should Care

Solana is one of the fastest growing blockchain projects, with many acknowledging the technology behind the Solana blockchain. Experts have stated that Solana can “become the rails of an integrated, decentralized financial network that establishes one global price for assets.”

The Crypto Situation in India and Australia

In India, cryptocurrencies have been under regulatory gaze for a while, with calls from agencies for the government to accept cryptocurrencies. R. Gandhi, former deputy governor, Reserve Bank of India, has noted that “India must accept cryptocurrency as an asset.”

However, there is still an apparent lack of regulation in the country. On Thursday, Shaktikanta Das, the Reserve Bank of India Governor, stated that the central bank continues to have ‘serious and major’ concerns regarding cryptocurrencies.

In Australia, things are not much better either. Some top banks and companies in the country have been criticized for their decision against doing business with cryptocurrency companies. Recently, a Bitcoin trader reported that over 90 banks across the country rejected his proposals. In addition, the Australian stock exchange, ASX Ltd. (ASX.AX), does not allow crypto-related listings.

Flipsider:

  • While the regulation of cryptos is still unclear in India and Australia, with banks refusing to indulge in crypto services, other countries have taken a pro-crypto stance
  • El Salvador is the most popular of these for making Bitcoin a legal tender. Panama is reported to follow in the direction of the South American company

Why You Should Care

For cryptocurrencies to attain mainstream adoption, there have to be favourable crypto rules worldwide. Countries that take on an anti-crypto stance will limit the adoption and utilization of cryptos in those regions.

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18-09-2021 01:50:42 (UTC+7)

EUR/USD

1.1728

-0.0037 (-0.31%)

Summary

Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (5)

EUR/USD

1.1728

-0.0037 (-0.31%)

Summary

Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (5)

GBP/USD

1.3739

-0.0049 (-0.36%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (7)

Sell (1)

USD/JPY

109.94

+0.24 (+0.22%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (5)

AUD/USD

0.7274

-0.0015 (-0.21%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (0)

USD/CAD

1.2745

+0.0065 (+0.51%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (9)

EUR/JPY

128.94

-0.11 (-0.09%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (3)

Sell (2)

EUR/CHF

1.0933

+0.0022 (+0.20%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (6)

Gold Futures

1,752.95

-3.75 (-0.21%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (0)

Silver Futures

22.418

-0.376 (-1.65%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (0)

Copper Futures

4.2485

-0.0330 (-0.77%)

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↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

Crude Oil WTI Futures

72.00

-0.56 (-0.77%)

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↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Brent Oil Futures

75.36

-0.31 (-0.41%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Natural Gas Futures

5.086

-0.249 (-4.67%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (9)

US Coffee C Futures

186.75

-1.40 (-0.74%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (5)

Sell (3)

Euro Stoxx 50

4,130.84

-39.03 (-0.94%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (2)

S&P 500

4,435.14

-38.62 (-0.86%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (1)

DAX

15,490.17

-161.58 (-1.03%)

Summary

↑ Buy

Moving Avg:

Buy (8)

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Indicators:

Buy (6)

Sell (2)

FTSE 100

6,963.64

-63.84 (-0.91%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (8)

Sell (1)

Hang Seng

24,920.76

+252.91 (+1.03%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (0)

US Small Cap 2000

2,226.75

-9.53 (-0.43%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

IBEX 35

8,760.90

+27.20 (+0.31%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

BASF SE NA O.N.

63.085

-2.125 (-3.26%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Bayer AG NA

45.07

-0.57 (-1.25%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Allianz SE VNA O.N.

190.23

-2.24 (-1.16%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Adidas AG

281.60

-3.70 (-1.30%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (6)

Deutsche Lufthansa AG

8.210

+0.209 (+2.61%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (1)

Siemens AG Class N

148.76

-1.28 (-0.85%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Deutsche Bank AG

11.080

-0.025 (-0.23%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (0)

Sell (8)

 EUR/USD1.1728Sell
 GBP/USD1.3739↑ Buy
 USD/JPY109.94↑ Sell
 AUD/USD0.7274↑ Buy
 USD/CAD1.2745↑ Sell
 EUR/JPY128.94Buy
 EUR/CHF1.0933↑ Sell
 Gold1,752.95↑ Buy
 Silver22.418↑ Buy
 Copper4.2485↑ Buy
 Crude Oil WTI72.00↑ Buy
 Brent Oil75.36↑ Buy
 Natural Gas5.086↑ Sell
 US Coffee C186.75Buy
 Euro Stoxx 504,130.84↑ Buy
 S&P 5004,435.14Buy
 DAX15,490.17↑ Buy
 FTSE 1006,963.64↑ Buy
 Hang Seng24,920.76↑ Buy
 Small Cap 20002,226.75↑ Buy
 IBEX 358,760.90↑ Sell
 BASF63.085↑ Sell
 Bayer45.07↑ Sell
 Allianz190.23↑ Sell
 Adidas281.60↑ Sell
 Lufthansa8.210Neutral
 Siemens AG148.76↑ Sell
 Deutsche Bank AG11.080↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,600/ 5,665
(0/ 0) # 809
SJC HCM5,600/ 5,665
(0/ 0) # 810
SJC Hanoi5,600/ 5,667
(0/ 0) # 812
SJC Danang5,600/ 5,667
(0/ 0) # 812
SJC Nhatrang5,600/ 5,667
(0/ 0) # 812
SJC Cantho5,600/ 5,667
(0/ 0) # 812
Cập nhật 18-09-2021 01:50:45
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,753.02-1.11-0.06%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2149021910
RON 95-II,III2139021810
E5 RON 92-II2014020540
DO 0.05S1602016340
DO 0,001S-V1637016690
Dầu hỏa1508015380
ↂ Giá dầu thô thế giới
WTI$71.99-0.57-0.79%
Brent$75.36-0.57-0.76%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.640,0022.870,00
EUR26.118,3927.477,69
GBP30.621,6331.901,01
JPY202,13213,83
KRW16,7120,34
Cập nhật lúc 18:53:14 17/09/2021
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