Markets Update: SEC Adds a Brief Market Spike — But Will It Last?

Markets Update: SEC Adds a Brief Market Spike — But Will It Last?Cryptocurrency markets are steadily coasting along after suffering from some volatile low swings last week. Over the past 24 hours, most cryptocurrencies are still in the red nurturing losses between 1-3 percent, and a few are in the green by a few percentages. At the time of publication, the price of bitcoin cash (BCH) is […]

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Huobi Partners with HBUS to Venture into the US Market

Huobi is set to launch a new digital currency marketplace in the US by partnering exclusively with HBUS. As reported by Finance Magnates on June 8, the Singapore-based exchange will seek to leverage its easy-to-use interface to compete with Coinbase and other leading US exchanges. In recent days, Huobi has made major moves, launching a […]

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Bitcoin ETF: Firms Team, Reapply, $200,000 Price Targets Wall Street Institutions

Bitcoin ETF: Firms Team, Reapply, $200,000 Price Targets Wall Street InstitutionsVan Eck and Solid X have teamed, after both failed previously to gain formal regulatory approval for their respective bitcoin core (BTC) exchange traded fund (ETF) proposals, reapplying to the US Securities and Exchange Commission (SEC) today. They’re proposing a physically backed bitcoin ETF, the Van Eck Solid X Bitcoin Trust, and it just might […]

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Cryptocurrency Baskets Are Growing in Popularity

Cryptocurrency Baskets Are Growing in PopularityFor investors who lack the time, knowledge, or patience to sift through hundreds of cryptocurrencies, there’s an easier way. Crypto baskets allow traders to snap up a horde of digital assets in one go, without the need to independently manage them. The number of platforms offering token baskets has grown significantly this year. But are […]

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Huobi Creates Its Own Cryptocurrency Exchange-Traded Fund (ETF)

Huobi Creates Its Own Cryptocurrency Exchange-Traded Fund (ETF)Why wait for Wall Street to launch exchange traded funds following the crypto markets? Huobi, the Singapore-headquartered cryptocurrency exchange, has decided to create its own ETF style instrument based on its recently launched index of ten digital assets.  Also Read: This Week in Bitcoin: Digital Money Makes the World Go Round Huobi Index Tracker Fund The […]

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Huobi Expected to Enter Brazilian Cryptocurrency Market

Huobi Expected to Enter Brazilian Cryptocurrency MarketThe third largest cryptocurrency exchange by volume, Huobi, appears poised to enter the Brazilian market – with local reports indicating that the company has established an office in São Paulo, in addition to seeking to hire local talent. The interest in Brazil’s market comes at a time of peak interest in cryptocurrency among Brazilian citizens, […]

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