The concept of a Bitcoin ETF has been keeping investors in the cryptocurrency world encouraged and enthused that the bear market is not permanent, and that salvation is coming. When VanEck decided to pull their application amid the government shutdown, many investors became worried about the impact it could have. Still, one asset manager in California believes that there is a sneaky way to bring bitcoin into this type of exchange-traded fund, saying that it’s the best chance of getting crypto approved through the Securities and Exchange Commission. Reality Shares was the catalyst behind one of the first ETFs in the tracking of the blockchain market, as The Block notes. Working towards this Bitcoin ETF, the firm filed a prospectus, which included the option of listing a fund of currencies with bitcoin futures on the list. By getting this prospectus approved, the firm would be offering the first fund that makes it possible to be directly exposed to the crypto market, and would list the
San Francisco-based digital asset exchange, Coinbase earned an estimated $520 million in revenue during FY 2018. This, according to a report from Reuters, which revealed that it was able to make a rough calculation, or approximation, of Coinbase’s global revenue based on the exchange’s growth and expansion into UK-based markets. According to the news outlet’s estimates, Coinbase’s UK revenue grew by as much as 20% in 2018 to around €153 million (appr. $173 million).
A U.S. Bitcoin investor who dreamed of a life free of governments now risks losing not just his freedom but also his life. Michigan native Chad Elwartowski and his Thai girlfriend Supranee Thepdet (AKA Nadia Summergirl)
A Ukrainian non-governmental organization (NGO) has apparently hacked the e-mail account of Dmitry Khavchenko, the owner of WEX, a crypto exchange that many think is BTC-e in all but name. Khavchenko bought WEX during the second half of 2018, telling the Russian branch of the BBC: “My idea is to…
The price of Bitcoin SV (BSV) has been drawn into chaos since reports emerged that Binance and several other cryptocurrency exchanges decided to delist the token. Since then BitFinex, Huobi, Kraken and Bittrex were the only major exchanges offering BSV trading. Till April 16, when one of the biggest cryptocurrency exchanges – Kraken – announced that it will delist BSV as well.
According to a recent report from IDC Government Insights. The U.S Government is likely to increase its spending on blockchain tech by 1000 percent.
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Binance Coin (BNB)’s ROI is up by more than 9,000 percent, but it is no coincidence as the innovations of Binance led to the increase in value. The changes and trust around the cryptocurrency exchange could see the coin even rise higher in the future.
The Wall Street Journal underestimated ICO raised investments in 2.5 times. This information has been reprinted in several world Media. When comparing the first quarter of the 2019 year with the same period last year,…
The Winklevoss twins have settled their lawsuit against Charlie Shrem, who they claimed owed them $26 million worth of cryptocurrency.
Circle has recently released a new audit report related to its stablecoin USD Coin (USDC). The information was released by Circle in a blog post.
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In this article, Slava Zheltov shares about USDQ, a unique decentralized stablecoin that makes it easy to collateralize Bitcoin. As a Blockchain Architect at PLATINUM ENGINEERING, Slava acts as a full-stack front-end developer. Within his team, Slava is known for impeccable track record regarding security and reliability in projects, which he’s contributed to. Read this article and start learning about a decentralization wave, currently disrupting stablecoins.