Month: March 2019

Breaking: VanEck, Bitwise Bitcoin ETFs Delayed By The SEC

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Two Bitcoin ETF Applications Delayed According to CoinDesk, two Bitcoin (BTC) exchange-traded fund (ETF) applications from VanEck (in collaboration with SolidX + CBOE) and Bitwise (in collaboration with NYSE), a New York-based fund manager and San Francisco-headquartered crypto services provider respectively, have been delayed. As reported by Ethereum World News, the two applications were filed in quick succession, and subsequently pushed to the Federal Register, giving the U.S. Securities and Exchange Commission (SEC) 45 days to issue a verdict or delay. It seems that the regulatory agency has used its…

US SEC Delays Decision on Bitcoin ETF Applications From VanEck and Bitwise

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The United States Securities and Exchange Commission (SEC) has delayed its decision on a rule change to the Securities Act that would allow the listing of Bitcoin (BTC) exchange-traded funds (ETF). The SEC published its decision in a public notice on March 29. Bitwise filed its application with NYSE Arca on Feb. 15 under the condition that it would reach a decision in 45 days. Should the commission feel the need to extend that period, it is permitted to extend the review period to 90 days. Following today’s decision, the…

Crypto Prices May Be Down, But Industry Fundamentals Are Healthier Than Ever

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The cryptocurrency market has been through the wringer over the past 15 months. The prices of most altcoins have plummeted by 90% or more from their all-time highs, and the king of crypto itself, Bitcoin, has declined as much as 85% as well. But despite prices being far lower than they once were, the health of the industry itself is only getting stronger fundamentally, according to one cryptocurrency analysis firm. Boston-Based Data Firm Reveals Crypto Industry Is Healthier Than Ever While sentiment around the cryptocurrency market is still extremely bearish…

Universal Protocol Alliance to Launch Euro-Pegged Stablecoin in April

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The Universal Protocol (UP) Alliance, a coalition of blockchain firms including crypto exchange Bittrex and decentralized browser Brave, will launch its own euro-pegged stablecoin in April, according to a press release on March 28. The UP’s stablecoin, dubbed the Universal Euro (UPEUR) will be pegged to the euro on a 1:1 basis and will reportedly allow customers to earn up to 8 percent interest. The Universal Euro will purportedly be available directly on digital money platform Uphold and participating exchanges, as will be accepted by crypto custodian and device providers…

Bitcoin Price Escaped Bear Market 3 Months Ago: Analyst

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By CCN.com: After a long and bitter winter, the crypto thaw has arrived and bears have lost their grip on the market. One economist says the bears were sent packing into hibernation as many as three months ago from a technical standpoint, though you wouldn’t know it from March’s narrow bitcoin trading range. Alex Kruger: Bitcoin Has Vanquished Bear Market – That’s a Fact Believe it or not, with the bitcoin price hovering near $4,100, the bulls have finally wrestled back control. Investors failed to commemorate the occasion with a…

Bitcoin, Ethereum, Ripple, EOS, Litecoin, Bitcoin Cash, Binance Coin, Stellar, Cardano, Tron: Price Analysis, March 29

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Japan is moving towards regulated crypto exchanges. The Japanese financial regulator, the Financial Services Agency (FSA), has recently approved two entities to begin operations in April. Currently, only about 14 percent of the total 216 crypto exchanges around the world are licensed by regulators,…

Bitcoin Briefly Hits Monthly High Above $4,100, British Pound Marks 31-Year Low

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Friday, March 29 — Bitcoin (BTC) has hit a monthly high of $4,112 today, while top 20 cryptocurrencies by market cap are trading sideways. Many of the top 20 coins are in red at press time, with Maker (MKR) seeing the biggest losses of almost 5 percent, while Tezos (XTZ) rallied over 15 percent over the past 24 hours. Market visualization from Coin360 The biggest cryptocurrency Bitcoin has hit a multi-week high of $4,112 earlier today, continuing a moderate growth over the day. Bitcoin is up around 0.3 percent at…

Bitcoin Cash (BCH) Mirrors, Bulls Likely to Reverse Nov-2018 Losses

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Bitcoin Cash up 10.6 percent in last week Opaque bank operations aid in money laundering Transaction volumes low averaging 30k according to CoinBase data For her bank involvement in a $151 billion money laundering scandal, Birgitte Bonnesen is no longer the CEO of Swedbank. With diminishing trust, advantages of cryptocurrencies as Bitcoin Cash (BCH) coupled with its security will permeate aiding in thrusting digital assets to the mainstream. Bitcoin Cash Price Analysis Fundamentals Regulators, more so in the US and Europe are quick to impose heavy penalties on rules-flouting banks.…

Crypto Exchange HitBTC Appeals to Cryptography in Dispute With Altcoin BTCP

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Cryptocurrency exchange HitBTC appealed to the specificity of its cryptography in an ongoing dispute with the team behind altcoin Bitcoin Private (BTCP). The post was published on HitBTC’s blog on Tuesday, March 26. The dispute involves HitBTC’s delisting of the altcoin, whose team then accused the exchange of fraud. HitBTC, currently ranked by CoinMarketCap as the world’s 15th largest exchange by adjusted daily trade volume, claims that the BTCP team had offered an “unsuitable” solution for moving its funds prior to a scheduled coinburn. In the recent blog post —…

Tron CEO Triggers Massive Backlash after Yanking Tesla Giveaway Prize

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By CCN: The CEO of crypto project TRON has come under fire for a Twitter Tesla giveaway that doesn’t seem to involve giving much away at all. After announcing a $2o million “global appreciation campaign,” including a Tesla giveaway, Justin Sun has backed out and refused to give the winner his car. TRON’s Tesla Giveaway Gone Wrong Sun announced the winner publicly on Twitter before deleting the tweet and revoking the prize. I thank all those who support me, this type of scam must end in the #crypto community, it…