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At the beginning of June 2018, Cboe Global Markets Inc. filed with the Securities and Exchange Commission for a Bitcoin exchange-traded fund (ETF), which is an instrument that tracks a particular index and replicates its performance. ETFs are passive, and on the stock exchange, they trade just like stocks. This isn’t the first time that … Read more
A genuine tug-of-war is going on between cryptocurrency market bulls and bears. The Bitcoin price has almost successfully negated the drop in value over the past 24 hours. As such, all alternative coins will reap the benefits accordingly. The Cardano price has already gone in the green, and others are very likely to follow soon. … Read more
The Federal Reserve’s new chairman made his stance on cryptocurrency clear to the US House of Representatives on Wednesday. In his view, cryptocurrencies have no intrinsic value, are not used often as a means of payment, are not a store of value, but are great for money laundering. He also dismisses the idea that cryptocurrencies … Read more
As was to be expected after a few days of positive momentum, things are returning to normal for all cryptocurrency markets. This unfortunately means all currencies are going through another rough spell of negative market pressure. All five of the top currencies have lost value, with the XRP price facing the biggest setback of them … Read more
The alleged bitcoin Ponzi kingpin, Amit Bhardwaj, has reportedly offered to pay back the initial investments in Indian rupees to those who lost money through his scheme. However, victims want the current value of their cryptocurrencies, not the initial investments. Zebpay, one of India’s largest crypto exchanges, has also been called in to help with … Read more
Eastern European nations have been following closely regulatory developments in the West to better understand where the wind is blowing before addressing the challenges presented by cryptocurrencies. This strategy has proved fruitless, however, as developed western countries, and international organizations, have not been able to come up with a unified approach towards regulating the crypto … Read more
The Tezos Foundation will accept proposals from developers who seek to carry out research and development of its protocol. The grantmaking process will commence in August and consider applications from developers, research institutions and community members, with the Tezos Foundation Board making the ultimate decision as to which projects are the most deserving. Tezos has … Read more
Once the genie leaves the bottle, it’s impossible to put back. This narrative has been quite true for the crypto and blockchain industry. After coming under attack in its early days, most often from those industries that it disrupted the most, a sharp turnaround has come about in the last few years as more adversaries … Read more
The crypto market has experienced a turnaround after weeks of instability that saw many of the cryptos shed billions in market capitalization. The turnaround has been attributed to a number of factors, top among them being the announcement by the world’s largest asset manager, BlackRock, that it was exploring the possibility of venturing into the … Read more
Coinbase is one of the world’s biggest and most popular cryptocurrency trading platforms. As such, the company attracts a lot of attention. That attention forces the company to expand and offer additional trading pairs. Securities are apparently making their way to Coinbase fairly soon. Coinbase May Add Securities In the United States, there is a … Read more