The ETF Proposal Still Has A Chance After Facing The Rejection From SEC

The-ETF-Proposal-Still-Has-A-Chance-After-Facing-The-Rejection-From-SEC

As per the previous reports, the Security Exchange Commission of US has postponed the decision on the proposal of Wilshire Pheonix to create an ETF based on Bitcoin, US $ and current treasury bills. ETF is the exchange-traded fund, mostly used as security to trade in exchanges. As per the announcement, the decision on ETF proposal made by the Wilshire Pheonix company in the partnership with NYSE Arca is been delayed. The amended proposal was …

Read moreThe ETF Proposal Still Has A Chance After Facing The Rejection From SEC

Nervos Network Get’s Funding From Polychain and CMBI

Nervos-Network-Get’s-Funding-From-Polychain-and-CMBI

The STO by Nervos network is getting participation from various institutions including the ones having government authority. As per sources, on 16th October, the Nervos network is going to receive an unknown amount for funding its STO i.e Security Token Offering. This funding would be done in 2 weeks. As per a reliable news source, the STO will be receiving another amount of $5.7 million from Polychain Capital. The co-founder of Nervos project, Kevin Wang …

Read moreNervos Network Get’s Funding From Polychain and CMBI

Tether Grew Over Bitcoin “The Trading Volume”

Tether-Grew-Over-Bitcoin

If you consider bitcoin to be the most used cryptocurrency worldwide, then you are certainly mistaken. However, the total market valuation of bitcoin indeed accounts for 70%, though it does not happen to be the most traded cryptocurrency. The exact figures of trading volumes are yet to be derived, however, the data acquired from a potential news source says, that Tether has the maximum trading volume taking its daily and monthly transactions into consideration. Despite, …

Read moreTether Grew Over Bitcoin “The Trading Volume”

Russian Bankers: Here’s the Way to Tax Crypto

russia-found-the-way-to-tax-the-cryptocurrencies

This breakthrough came through the Russian bankers along with their legal advisors. They have discovered this escape clause, which can allow the imposition of tax on crypto holders, and that too without amending the taxations laws. In a report published by one of the oldest Soviet newspapers of Russia, a document is been drafted which asserts that crypto without the requirement of consideration as money in legal terms, can still be a subject for taxation …

Read moreRussian Bankers: Here’s the Way to Tax Crypto

bitFlyer Adds New Crypto Tokens For Traders Of Europe And US

bitflyer

Although it doesn’t need an introduction, bitFlyer inc. is a licensed, renowned and one of the most trusted and longest operating cryptocurrency exchanges in Japan. The company launched its US division in November of 2017. After which, in January 2018, its Europe subsidiary was launched. bitFlyer is the only cryptocurrency exchange that is licensed to run in Japan, the US, and Europe. The company is headquartered in Tokyo. It is adding new cryptocurrency token options …

Read morebitFlyer Adds New Crypto Tokens For Traders Of Europe And US

Bakkt’s Bitcoin Futures Go Live With Consent From ICE

Bakkt’s-Bitcoin-Futures-Go-Live-With-Consent-From-ICE

After a lot of speculations, the Bitcoin futures presented by Bakkts has gone live for trading on the Intercontinental Exchange, after Bakkt received a trust license. Expansion in Trading At 20:00 hours, on September 22, the Bakkt’s Bitcoin futures have been launched. It is honored to be the first platform that has received the consent of US regulators and also it will trade on ICE as its own product. ICE is also operating for the …

Read moreBakkt’s Bitcoin Futures Go Live With Consent From ICE

US Policy Makers Call For A Hearing With SEC On September 24th

US-Policy-Makers-Call-For-A-Hearing-With-SEC

Along with the chairman of SEC, Mr. Jay Clayton, and accompanying 4 more SEC commissioners, the US House of Representatives Committee has planned a meeting with an agenda to discuss financial services including Crypto and other investment services. That was bound to happen since the US financial authorities and lawmakers have been wary after the announcement of Facebook’s Libra. The news was confirmed by the memorandum published on the 19th of September. The committee stated …

Read moreUS Policy Makers Call For A Hearing With SEC On September 24th

Line Introduces Its Own Crypto Trading Platform Called Bitmax

BitMax-exchange

The widely used messenger in Japan known as LINE has launched its crypto trading platform called BitMax as of 17th September. The messaging giant has more than 80 million active users per month. This will help the tech giant join the cryptocurrency revolution, while in Europe, there’s still strong opposition against secondary currencies in the face of crypto. Although BitMax will be available to use from the wallet tab on the LINE app, it’s operation …

Read moreLine Introduces Its Own Crypto Trading Platform Called Bitmax

XRP’s Drowning Pattern Continues the Investors Rage

XRP’s-Drowning-Pattern-Continues-the-Investors-Rage

The associate cryptocurrency of Ripple is facing continuous loss for a couple of years. After the disappointing performance, XRP is now losing its trust among the most favorable of its investors. Ripple which holds the maximum stake of XRP is selling it off, signing its weakness to the market. On to this gesture, crypto experts have backed up a petition to stop Ripple from dumping, because that can have a bad impact on the trading …

Read moreXRP’s Drowning Pattern Continues the Investors Rage

Atlantis Hard Fork Has Been Successfully Implemented By Ethereum Classic

Atlantis-Hard-Fork-Ethereum-Classic

Activation of Atlantis hard fork has been successfully done by the team behind ETC – Ethereum Classic, one of the main competitors of the Bitcoin cryptocurrency. Atlantis hard fork is a protocol change that has created a new, separate Altcoin universe for users. It will help platforms to fix important security risks which they couldn’t in the old version, to improve and add new functionality and, sometimes, to reverse transactions. But most importantly, the aim …

Read moreAtlantis Hard Fork Has Been Successfully Implemented By Ethereum Classic