Category: Bitcoin news

Bitcoin news

SEC: Bitcoin-ETF Decision To Expect By February 27, 2019

An epopea, in which the Commission plays a leading role, continues. Submitted applications for Bitcoin-ETF launch by VanEck and SolidX will be reviewed at least until February 2019. The relevant statement was published on the SEC page. In accordance with law regulations, the Commission cannot extend the review duration of the above-mentioned applications, that is why February 2019 is a deadline for the Commission members. Eduardo Aleman pointed out in the release: “The Commission finds it appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient

Bitcoin news

Cryptocurrency Market Review, December 7: Bitcoin Hits The Bottom

Today, on Friday, December 7, Bitcoin and other major cryptocurrencies continued the drop, while Bitcoin SV gained momentum. Bitcoin confidently drops to the forecasted level of $3000. Over the past 24 hours, a major cryptocurrency lost 11% in value, dropped to $3 433,45. BTC Market cap decreased to $59 779 445 647B. XRP could not survive the sell-off pressure and lose 10.35% in value. The current XRP price is $0,3051. Ethereum hit its minimum of $100 and dropped to $87,35, by losing 15.48% over the 24 hours. Stellar plunged by 16% and stopped on $0,1149 level. Bitcoin SV demonstrated a

Bitcoin news

Paytomat Incorporates Lightning Network into its Services Thanks to Collaboration with Bitfury

Bitfury Group, one of the leading blockchain companies, has announced a partnership with the Paytomat payment processing system to introduce the Lightning Network payment protocol into the Paytomat services. The Bitfury development team, known as Lightning Peach, will be directly involved in the technical work. The result of their work should be the ability to make Bitcoin payments almost instantly. In fact, two main factors interfere with the widespread use of cryptocurrency: high volatility and the problem of scalability. Due to these problems, this year is characterized by a reduction in the use of Bitcoin for payments. Nevertheless, Pavel Prikhodko,

Bitcoin news

The Number Of Suspicious Crypto Transactions In Japan Increased By 800%

Japanese Bitcoin exchanges reported nearly six thousand suspicious cryptocurrency transactions between January and October 2018. According to the Jiji Press, citing the Office of the National Police (NPA), cryptocurrency exchange in Japan found 5,994 suspicious transactions from January to October of the current year. “It’s already been some time since the reporting system began, and it has been embraced by the industry through guidance from the Financial Services Agency,” an NPA official said of the reasons for the sudden increase. According to the NPA, suspicious activity in the reports includes reuse of the same face photo by multiple parties, which

Bitcoin news

Crypto Scam In Singapore Gains Momentum

Ordinary people, who want to invest in cryptocurrencies, always become victims of crypto scammers. Over the last two months, a crypto scam in Singapore reached a new level. It is known according to the latest study. An advertisement of the cryptocurrency services, which use to offer to invest in Bitcoin, is the basic method for crypto scammers in Singapore. Only in the period from September to November, citizens of Singapore lost their funds in the amount of $78,000. The scam cases have become more frequent, that is why local authorities carefully investigate firms, which provide the above-mentioned services. The main

Bitcoin news

Two Crypto Funds By Bitwise Asset Management

Major companies continue to actively develop the cryptocurrency sector. American Bitwise Asset Management is planning to launch two new crypto funds – Bitwise Bitcoin Fund and Bitwise Ethereum Fund. As the company’s members point out, the launch of these funds is largely driven by clients’ interest, and also by the fact that there are many unstable options for cryptocurrencies. The bear market is an ideal moment for investors to buy digital assets at low prices. The main features of new funds will be assets stored in the cold storage, the guarantee of which will be supported by Kingdom Trust. It

Altcoin news

Operation Alts 2019: Investors Want To Increase Sales In An Agressive Way

Analytical team of the well-known consulting company A. T. Kearney believes that in 2019, investors will massively sell altcoins and start buying bitcoins. As stated in the company’s published report, traders will invest in Bitcoin, since this coin has been on the market for a long time and has established itself as the most reliable asset compared to questionable altcoins. “By the end of 2019, Bitcoin will regain almost two-thirds of the capitalization of the cryptocurrency market, since the Altcoins lose their attractiveness due to the growing risks associated with the dominance of bearish sentiments,” the report’s authors emphasize. According

Bitcoin news

Cryptocurrency Market Review, December 6: Bitcoin Continues The Collapse

Today, on Thursday, December 6, Bitcoin and other major cryptocurrencies were affected by another sell-off. Bitcoin continues the confident collapse to a $3000 level. At press time, the major cryptocurrency lost 0.29% in value, by balancing on $3 868,35 level. BTC Market Cap is $67 353 979 683B. XRP due to the sell-off pressure lost 1.64% and fell to $0,3411. Ethereum is losing 3.79% in value, dropping to $103,66. Stellar developers are watching the rapid drop of XLM price, which over the past 24 hours lost 5.75% in value and dropped to $0,1378. Bitcoin Cash (BCH ABC), by losing 60%

Bitcoin news

Roger Wer: Cryptocurrencies Have A Great Future, No Matter What

While the cryptocurrency market continues to decline, some of its members continue to believe that digital assets are the future of the financial system. One of them is Roger Ver, an early follower of Bitcoin, now belonging to the Bitcoin Cash camp. In a conversation with Bloomberg Daybreak: Europe, Ver touched on a number of aspects of the market situation, including its prospects, the threat of regulation, and the future of the cryptocurrency it promotes. Responding to a question about whether bitcoin has reached its bottom for the current cycle, Ver said that he could not give a definite comment

Bitcoin news

Cryptocurrency Market Review, December 5: Bitcoin Is Under The Bearish Pressure

Today, on Wednesday, December 5, another wave of the bearish market wiped off the prices of Bitcoin and other cryptocurrencies. Bitcoin, which was confidently holding the $4000 level over the last three days, lost 3.38% in value and dropped to $3 859,26. BTC Market cap – $67 181 069 149B. XRP demonstrated another swing into the red trading zone and its price fell by 2.96% to $0,3461. Ethereum continues its drop to $100. The current price is $107,30 (-3.83%). Stellar was under the hard pressure and lost 4% in value, by plunging to $0,1463. Bitcoin Cash (BCH ABC) fell by

Bitcoin news

Nasdaq Will List Bitcoin Futures in 2019

Joseph Christinat, Vice President of Nasdaq’s media team, confirmed in an interview the exchange’s intention to launch Bitcoin futures trading. According to him, Bitcoin futures will be launched in the first half of 2019, for this everything is ready and Nasdaq is just waiting for final approval from the Commodity Futures Trading Commission (CFTC). It is worth believing that the news about the adoption of Bitcoin by such a large stock exchange as the Nasdaq inspire optimism about the future development of the crypto industry, which is especially important against the background of the recent fall in the market. According

Bitcoin news

Crypto Whales To Invest In ErisX

The cryptocurrency trading platform ErisX has finished the last funding round by raising more than $27.5 mln. A new cryptocurrency trading platform ErisX will be launched due to the help by the largest members of the cryptocurrency world, such as Bitmain, ConsenSys, Fidelity Investments, Nasdaq Ventures, and also Monex Group. The new platform that includes derivatives and digital assets was built by Eris Innovations. Earlier, it was known that a trading platform will support the main cryptocurrencies and Bitcoin futures trading. This platform will let all crypto assets owners participate in the trading, which will be regulated by the U.S.

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