Crypto News

The multi-billion-dollar asset manager follows in the footsteps of competitors Grayscale and Bitwise and has been endorsed by the Dogecoin Foundation. Dogecoin Foundation Backs 21shares for Dogecoin ETF Swiss-based 21shares, a $7 billion crypto exchange-traded fund (ETF) management firm, filed for a spot dogecoin ETF with the U.S. Securities and Exchange Commission (SEC) on Wednesday.Source link

Crypto companies issuing or dealing with tokens that may be securities should provide detailed disclosures, the U.S. Securities and Exchange Commission (SEC) said on Thursday.The SEC published its latest staff statement on disclosures ahead of its second roundtable — which will focus on trading — "as part of an effort to provide greater clarity on the application of the federal securities laws to crypto assets."The nonbinding guidance recommends companies filing disclosures be precise about what their businesses do and what role their tokens may play in those ventures. Much of it is based on observations about what companies have previously disclosed, the statement said. The statement did not delve deeply into which cryptocurrencies are being defined as securities or what...

The VanEck Avalanche ETF is one of a slew of funds proposed in recent months to track altcoins.Source link

The “Live Free or Die” state is one step closer to embracing Bitcoin after the House of Representatives passed a reserve bill.Source link

Bitcoin’s price stands at $79,630 as of April 10, 2024, with a market capitalization of $1.57 trillion. Over the last 24 hours, bitcoin has traded between $78,424 and $82,401, amassing a strong trading volume of $52.10 billion, reflecting strong participation and volatile market behavior. Bitcoin On the 1-hour chart, bitcoin has exhibited a short-term bullishSource link