Tag Archives: Cryptocurrencies

SEC Have Until Thursday 23rd August, to Decide on the ProShares Bitcoin ETFs

The Bitcoin (BTC) ETF saga at the SEC will go on for a while with another pair of ETF sponsored by two firms – ProShares in conjunction with NYSE Arca – due for a verdict on this Thursday, August 23rd. The two ETFs are the ProShares Bitcoin ETF and the ProShares Short Bitcoin ETF. The ruling on these… Read More »

Bitcoin Cash Use in Commerce Sees Significant Decrease

A review of payments received by the world’s 17 largest crypto exchanges has shown that Bitcoin Cash (BCH) use in commerce has decreased, according to blockchain analytics firm Chainanalysis, Bloomberg reported August 20. A group of analysts from Chainanalysis found that BCH payments dropped to $3.7 million in May from $10.5 million in March, while the volume of… Read More »

Huobi Launches New Service to Streamline Token Listing Application Process

Singapore-based cryptocurrency exchange Huobi Group has launched a new product designed to streamline the token listing application process. According to a statement shared with Cointelegraph, the new service, which Huobi developed to provide a more transparent listing process, is called the Huobi Automated Listing Platform. Per the announcement, projects that want to list on Huobi Global or an… Read More »

Bitcoin Market Dominance: From 66% to 33% and Up Again

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. Some would say the cryptocurrency market is beginning to bounce back; after a seven month bear market, Bitcoin breached the $8,000 mark on July 24 — the first time it has passed… Read More »

BlockShow Americas 2018 Goes Live With ‘Wall Street vs Crypto’ Panel Discussion

The BlockShow Americas 2018 conference kicked off Monday, Aug. 20 in Las Vegas. The first panel discussion involved a heated debate between proponents of two opposite views of how — and if — blockchain should be regulated and adopted by institutions around the globe. BlockShow is a series of fintech and crypto events, usually held in Singapore and… Read More »

US: Four Crypto Exchanges Establish Self-Regulatory Association for Digital Commodities Industry

Crypto exchanges Gemini, Bitstamp, Bittrex, and bitFlyer USA have announced the creation of a self-regulatory organization for digital commodities, such as cryptocurrencies, Business Insider reports August 20. The new group, dubbed “Virtual Commodity Association Working Group,” aims to help large-scale investors get more comfortable with the crypto market, work on formulating industry standards, and “be a precursor to… Read More »

Research Attempts to Uncover Political Leanings of Crypto Community

Although Bitcoin is inherently neutral, its influence is becoming increasingly pervasive in U.S. political spheres. This phenomenon is triggering researchers to try to identify the dominant political ideology of the cryptocurrency community.  What is the Prevalent Political Ideology of the Crypto Community? Bitcoin’s neutral and democratic nature is one of its primary virtues. As such, Bitcoin does not… Read More »

Despite Market Gains on the Day, Bitcoin Remains Below $6,500, Ethereum Loses $300 Support

August 19: The crypto market picture shows signs of recovery following last week’s major market crash, but momentum has not yet rallied sufficiently to indicate a categorical reversal of the bear market. August 17 saw the first major attempt to reverse fortunes, but these gains have not been widely consolidated. At press time, Bitcoin (BTC) is trading below… Read More »

Ripple’s Convergence Solution with XRP as its Base: Fact or Fiction?

The XRP community is abuzz with news that the Ripple company plans on integrating all of Ripple’s software products of xVia, xCurrent and xRapid into one convenient solution known as Convergence. The idea of a Convergence solution came about when the Director of Talent Acquisition at Ripple, Jim Chauncey-Kelly, spoke to Interview Now on the 9th of August.… Read More »

Bitcoin Price Analysis: Welcome to ‘Bitcoin Purgatory’

Bitcoin seemed on the verge of a breakout above $6,650 but a failed third attempt, followed by a lack of buying interest has given bears an opportunity to snatch back control and it looks like BTC has dropped a shelf for a bit of sideways trading in the $6,200 – $6,400 range. Bitcoin Price Market Overview Earlier this… Read More »