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| August 17, 2018

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CNN

Opinion: Watch out Trump, China is taking Africa from under your nose

August 17, 2018 |

Look out Donald Trump, while you’re not watching, China is quietly stealing a continent from you. And India may not be far behind.
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CNN

Opinion: This is the gift V.S. Naipaul gave me

August 12, 2018 |

On October 10, 1953, V.S. Naipaul sent a telegram home to his family in Trinidad. At that time, Naipaul was an indigent student at University College, Oxford; he had arrived in England on a scholarship and had begun writing brief pieces for the BBC’s Caribbean Voices program. Naipaul, who won the Nobel Prize in Literature in 2001, died Saturday in London at the age of 85.
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Bitcoin ETF Decision Gets an Overwhelming Amount of Public Opinion

July 21, 2018 |

Bitcoin ETF Decision Gets an Overwhelming Amount of Public Opinion

A great deal of cryptocurrency proponents are hoping for a positive outcome when the US Securities Exchange Commission (SEC) decides on whether or not they will approve the latest bitcoin-based ETF application file by Cboe. The US regulator had asked for public opinion concerning the ETF again, and this time around the number of responses sent to the regulator is 10X the amount that was sent this past April.

Also Read: Bitcoin Futures Volume Spike As Cboe Awaits ETF Decision 

SEC Receives 10X the Number of Responses for the Upcoming Bitcoin ETF Decision

Bitcoin ETF Decision Gets an Overwhelming Amount of Public OpinionVirtual currency enthusiasts really want a bitcoin-based exchange-traded fund (ETF) approved by US regulators. Over the past few weeks, since Cboe filed an application with the SEC, so it can list shares backed by the Vaneck Solidx Bitcoin Trust (“the Trust”), the SEC office received a large swathe of opinion letters from more than 90 individuals according to recent reports. The number of responses sent was 10X the amount of opinions written last April during a prior bitcoin ETF decision.

Reports also detail that Cboe’s bitcoin-based ETF has been so popular that the SEC has pushed another cryptocurrency related listing off until this September. The attempted Cboe ETF has been a popular discussion among cryptocurrency enthusiasts and some speculators believe digital asset prices will rise in anticipation of the SEC’s decision. Cryptocurrency markets have seemingly already reversed their bearish trend and a good amount of proponents believe this decision will cause a spike either before and after the ruling if it is positive.

SEC Decision Date Discrepancy and a Possible Crypto-Bull Run if the Ruling Is Positive  

There’s also been a discrepancy on when the official decision would be made as many people and publications assumed the verdict would be on August 10. However, according to a Reddit user, who claims to be a securities lawyer, on the forum r/cryptocurrency, an August 10 decision is impossible.

“The way this works is that the SEC issues a notice, which is then published in the Federal Register — As you will find stated clearly in the notice, the period is within 45 days from the date of publication in the Federal Register — not the date the notice is released by the SEC (edit: failure to understand this distinction is the source of the incorrect August 10th date),” explains the post.  

The date of publication in the Federal Register was July 2nd — This means they have until August 16th. Bear in mind that it can be extended, and even once the period ends, the SEC may “initiate proceedings” to assist in making a decision.

Bitcoin ETF Decision Gets an Overwhelming Amount of Public Opinion

A Possible Crypto-Bull Run if the SEC Ruling Is Positive

If an ETF judgment is made on August 16 there is well over a month until that date, so a lot could happen to cryptocurrency spot markets between now and that time. People who hope this ETF will happen believe it might be approved because of Cboe’s previous experience with bitcoin futures markets introduced this past December. So far the derivatives markets offered by both Cboe and CME Group have done well, and growing volumes show there is interest in these mainstream cryptocurrency investment vehicles. Arthur Hayes the co-founder and CEO of Bitmex exchange explains on the CNBC broadcast Fast Money that a positive ETF ruling could prime the next massive bull run.

“We’re one positive regulatory decision away — maybe an ETF approved by the SEC — to climb through $ 20,000 and even to $ 50,000 by the end of the year,” the Bitmex CEO states.

What do you think about the SEC being swamped with letters about the bitcoin ETF decision? Do you think a positive decision will cause a cryptocurrency bull run to happen? Let us know what you think in the comment section below.


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The post Bitcoin ETF Decision Gets an Overwhelming Amount of Public Opinion appeared first on Bitcoin News.

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CNN

Opinion: Trump is in for the trolling of a lifetime

July 13, 2018 |

The British government is in crisis, the Prime Minister losing ministers on what feels like a daily basis and the country riven by arguments about how — or even whether — to leave the European Union.
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CNN

Opinion: Trump is clueless about the global market

July 2, 2018 |

If you haven’t heard, President Trump is a graduate of the Wharton School at the University of Pennsylvania. He regularly brags about his education because Wharton is famous for its graduate programs in economics. What he doesn’t mention is that he was not a graduate student at Wharton, but a lowly undergrad at Penn, which, in fairness, is a prestigious school. But we don’t need this key detail to recognize that he’s a few credits short of an advanced understanding of economics.
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CNN

Opinion: Mr. President, get ready for Erdogan unplugged

June 25, 2018 |

With the re-election of Erdogan as the president of Turkey, we can expect that he will continue to consolidate his power, writes Samantha Vinograd
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CNN

Opinion: What just happened?

June 13, 2018 |

CNN Opinion asked a group of expert commentators to weigh in with their reactions to the historic meeting between Donald Trump and Kim Jong Un. The views expressed here are solely theirs.
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CNN

Opinion: Trump’s insane trade war

June 2, 2018 |

Maybe Donald Trump really is the Manchurian Candidate, a stooge of some foreign potentate. Much more likely, Trump is just mentally unstable and narcissist. Whichever it is, Trump is rapidly destroying American global leadership, alliances, and interests. Wednesday’s announcement of new tariffs on steel and aluminum exports from Canada, Mexico, and the European Union is the latest bizarre and self-destructive move.
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CNN

Opinion: Staged murder of Russian journalist comes at a heavy price

May 31, 2018 |

Without firing a shot or sacrificing a life, the Ukrainian security services have scored a direct propaganda hit against the Kremlin in its staging of the “murder” of Russian journalist Arkady Babchenko. But at what cost?
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