The cryptocurrency industry has been highly anticipating the debut of a bitcoin exchange-traded fund (ETF) by the end of 2018. But, some analysts believe it will not arrive until next year. Potential Impact of a Bitcoin ETF As a publicly-traded instrument, a bitcoin ETF has the ability to open a floodgate of capital from retail traders and individual accredited investors in the US public market. Dissimilar to direct investments on cryptocurrency exchange platforms, issuers of a bitcoin ETF are responsible for protecting the funds of investors and insuring them, as…
Day: July 26, 2018
Stellar Lumens, EOS, Litecoin, IOTA, Tron Technical Analysis
Altcoins prices are stable and while EOS, Litecoin and IOTA buyers retest key resistance lines, buyers can confidently add their Stellar Lumens longs. Odds are we might see a strong July 24 follow through today and after all, buyers are technically in charge after last week’s strong gains. As a matter of fact XLM is up four percent week over week and is second only after Bitcoin which is up 10 percent. Let’s have a look at these charts: EOS Technical Analysis EOS Daily Chart by Trading View Fact is,…