“The reason [spot ETFs] are being denied is … surveillance-sharing agreement with a regulated market of significant size,” says eaglebrook's JoeOrsini_. Watch more markets analysis, presented by kucoincom:
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Bitcoin Slips Below $17K as Altcoins Swimming in Red (Market Watch)Bitcoin slips below $17K after flirting with that level for a few days, while altcoins are mainly in the red today.
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Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,300 Following Monday’s False Breakout – Market Updates Bitcoin NewsEthereum was in the red on Tuesday, as bears reentered the market following a failed breakout of a key resistance level.
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Hedge Fund Fir Tree Sues Grayscale for Details on GBTC: BloombergHedge fund Fir Tree is suing Grayscale to obtain details about its flagship Grayscale Bitcoin Trust (GBTC), according to Bloomberg. By NelWang
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Fir Tree fund sues Grayscale in effort to force changes to Bitcoin TrustFir Tree Capital Management is suing the firm behind the $10.7 billion Grayscale Bitcoin Trust, alleging that investors have been “harmed by Grayscale’s shareholder-unfriendly actions.”
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Price Update: Bitcoin Falls Below $17,000 Threshold$BTC is not gaining a foothold above the $17,000 price level and is tumbling back to $16,000
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Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year – Markets and Prices Bitcoin NewsStandardChartered Bank sees the price of bitcoin dropping to $5,000 as one of the next year's financial-market surprises. $BTC
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