Zachary Halaschak is an economics reporter at the Washington Examiner. Before moving to Washington, he worked in Alaska, covering politics, government, and crime for the Ketchikan Daily News. While there, Zach won the Alaska Press Club’s second-place award for best reporting on crime or courts for his coverage of a local surgeon’s alleged murder.
Bitcoin is surging to levels not seen in over a year amid optimism about the approval of an exchange-traded bitcoin fund.
The momentum comes after a federal appeals court formalized a victory for Grayscale Investments over the Securities and Exchange Commission. A three-panel judge ruling in August overturned the SEC’s rejection of Grayscale’s push to convert its bitcoin trust into an exchange-traded fund. The iShares Bitcoin Trust, if approved, would be the first ETF to have bitcoin as an underlying asset. Previous applications to the SEC from other money managers have been rejected, though merely the application for an ETF shows growing institutional acceptance from such a major Wall Street player.
Emmer, who was picked Tuesday to be the party’s speaker designate but has since dropped from the race, has made a point of meeting with major figures in the industry and crafting legislation to provide regulatory clarity regarding digital assets.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Washington Post Live - The Washington PostA recent wave of breakthroughs in artificial intelligence has set off a race to research, develop and regulate the fast-moving technology. On Thursday, Oct. 26, 2023, at 9 a.m. ET, join Washington Post Live for a timely summit featuring wide-ranging conversations about the promise, risks and future of AI.
Read more »
Bitcoin jumps near 18-months high by 6 pct amid ETF speculationBitcoin rises to $35,198 as speculation regarding an exchange-traded bitcoin fund mounts.
Read more »
Alaska Airlines pilot accused of trying to crash plane may have taken psychedelic mushroomsThis is additional taxonomy that helps us with analytics
Read more »
Market Momentum Mapped Through Bitcoin Spark, Chia, and Bitcoin Gold’s Growth GuideCrypto Blog
Read more »
Can the Bitcoin Price Rise to $40K as Crypto Prices Pump & Bitcoin Minetrix Hits $2.1M?Crypto Blog
Read more »
Bitcoin Hits 17-Month High Amid Spot Bitcoin ETF Hype; Sam Bankman-Fried's Defense Plans'CoinDesk Daily' host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, after bitcoin (BTC) briefly pushed past $35,000 toward the end of the U.S. trading day on Monday.
Read more »