Elon Musk, SEC Need More Time to ‘Put on Their Reasonabless Pants’

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the …

Elon Musk Snaps Back at Contempt Charge; Is the SEC Baiting Tesla’s CEO?

Lawyers for Tesla’ CEO Elon Musk have accused the U.S. Securities and Exchange Commission of ‘unprecedented overreach’ and violating the constitutional rights of the iconic billionaire. Musk’s legal team was responding to an SEC request to have the court hold Musk in contempt, according to Reuters. This was for violating a settlement he reached with …

Hopeful US SEC Chief Says Approval Only a Matter of Time

A Bitcoin ETF is on its way – really. This according to a U.S. Securities and Exchange Commissioner who thinks a Bitcoin ETF will eventually become a reality. Commissioner Robert J Jackson Jr. expressed optimism about a Bitcoin ETF being on the horizon during an interview with Congressional Quarterly. It wasn’t slated to be made …

Bitcoin “Not Manipulable by Any Government”

This week, following the scheduled leave of John F. Kelly, United States President Donald Trump has chosen the pro-Bitcoin Mick Mulvaney to serve as the acting White House Chief of Staff beginning 2019. According to the Washington Post columnist Matt O’Brien, Mulvaney has been vocal about his support of Bitcoin (BTC) and in a speech covered …

Texas Regulators Shut Down Three Cryptocurrency Scams

The Texas State Securities Board has issued an emergency action to halt the deceitful offerings of investments in three cryptocurrency related schemes. The agency entered a cease and desist order against Coins Miner Investment Ltd, DigitalBank Ltd, as well as Ultimate Assets, who is charged for offering Texans misleading ROIs and promising to grow an …

Coinbase Joins Race For A Crypto ETF, Seeks Help From BlackRock

Coinbase has thrown its hat in the ring to launch a cryptocurrency exchange-traded fund (ETF) and has approached BlackRock for help, according to unnamed sources interviewed by Business Insider. BlackRock, which manages $6 trillion in assets, has pioneered ETFs and has a blockchain working group. Coinbase, which announced a cryptocurrency index fund for accredited investors …

Does Bank of America’s Crypto Custody Show Irrelevance of Bitcoin ETF?

This week, $312 billion Bank of America (BoA) filed a patent to offer crypto custody, targeting large-scale institutional investors and retail traders. Some experts have said that the efforts of major financial institutions to create institutional products around cryptocurrencies will bolster the adoption of crypto in US markets, which will naturally lead to other publicly …

VeChain Loses Grasp on Recent Gains, Falls in Line with Market Trends

VeChain, this week’s standout cryptocurrency, on Wednesday saw a reversal of fortune when its price tumbled 11.06% in a 24-hour period and its market cap fell to $764.218 million, according to CoinMarketCap. The price for the 19th-ranked cryptocurrency dropped from $0.01615 on Aug. 21, a monthly high, to $0.012996 on Aug. 22. Prior to its …